#section 132

Section 132 by Helga Zeiner

Published: 1st July 2011 by POW Wow Books Page Count: 460 Rating: ★ ★ ★ Series: Standalone Purchase: Amazon UK | Amazon US | Book Depository Helga Zeiner: GR | Twitter 

Synopsis: Lillian is only 13 when her parents marry her to a middle-aged Bishop of a fundamentalist sect who practices polygamy. She is forced to live with her new husband’s many wives and children on his compound tucked away in the Canadian wilderness. The hardships of poverty and isolation have crushed the will of just about everybody in his flock. They suffer in silent submissiveness, trying to please their despotic leader. He justifies the humiliating treatment of his dependents by citing ‘Section 132 of the Doctrine & Covenants’ of his fundamentalist religion. Until, one day, Lillian had enough. But it is dangerous to try and escape the Bishop’s iron rule. He practices blood-atonement, which is quietly sanctioned by the ‘Gatekeepers’, an American secret society within the Fundamentalist Mormon Church. Lillian must find out-side help if she ever wants to leave the Bishop’s compound – but how can she do this if she is locked up without any means of communication? Lillian doesn’t know how life outside a compound functions. She only knows that she can not live like this much longer. Many questions plaque her troubled mind. Why do her sister-wives put up with this hardship, knowing only a bleak future lies ahead of them? Where do the child-brides come from, the Bishop keeps adding to his family? Where do some of his daughters disappear to, once they come of age? Lillian’s defiance grows with every injustice she witnesses – until she can’t hide her rebellion any longer.Her desperate struggle to escape draws the reader into a very dark, very dangerous place. But not all is hopeless. When land developer Richard Bergman buys the neighboring property, Lillian’s luck seems to be changing…

Penalty u/s 271(1)(c) should not be levied on the amount which was voluntarily surrendered by the assessee during survey

The facts in briefborne out from the record are that the assessee is a partnership firm engaged in the business of manufacturing and trading of bristles and brushes. Return of income was filed on 31.10.2006 showing Nil income and the same was processed under section 143(1) of the Act. A survey was conducted on 23.10.2007 at the premises of the assessee where from books of account and loose papers…

Cash seized during search cannot be adjusted against advance-tax liability

As per provisions of section 132B of the Act the assets seized u/s 132 or requisitioned u/s 132A may be adjusted towards the amount of any “existing liability”. The Explanation 2 attach to section 132B of the Act clarifies that for removal of doubts it is hereby declared that the “existing liability” does not include “advance tax” payable in accordance with the provisions of part C of Chapter…

Deduction U/s. 80-IB(10) available on additional income offered u/s 132(4) in return filed u/s 153A

The appellant is a partnership firm engaged in construction business which was subject to a search action u/s 132(1) of the Act on 06.10.2009. In the course of search, Shri Rajesh Malpani, partner of the assessee firm in a statement recorded u/s 132(4) of the Act on 03.12.2009 admitted certain undisclosed income in relation to housing project undertaken by the firm i.e. ‘The Crest’ at Pimple…

No addition in respect of concluded assessments unless some incriminating material was found during search

CA Sandeep Kanoi

Where a search is initiated u/s 132 of the Act etc., the A.O shall issue a notice requiring the person searched etc. to furnish his return of income in respect of each assessment year falling within six assessment years immediately preceding the assessment year relevant to the previous year in which such search is conducted or requisition is made. Once such returns are filed, the…