In State of Goa Vs. Metzi Cardozo and Ors., the High Court of Bombay held that at the stage of framing charge, what is required to be seen is that, whether there is sufficient material on record in the form of evidence which is such if not rebutted would warrant conviction of accused. At stage of framing charge, evidence cannot be gone into meticulously which has been precisely done by the learned Special Judge in the impugned order. All what is required at the stage of framing charge is whether prima facie case is made out and it is not necessary to go into merits of the case. It is not necessary to give reasons while framing the charge. It is immaterial whether a case is based on direct or circumstantial evidence.
The division Bench of the Delhi High Court in Pr.Commissioner of Wealth Tax vs. Raghu Hari Dalmia held that a valuation report made by a registered valuer once adopted shall be in effect for four assessment years unless an event has occurred whereby the value is increased or decreased. The High Court made it clear that the event of “search” under Section 132 of the Income Tax Act, 1961 cannot compel the assessee to undertake a fresh valuation.
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