Month: July 2001

Bombay H.C : Whether, in the facts and circumstances, the AO was right in holding that the bank was entitled to weighted deduction under s. 35B of the Act and that for the asst. yr. 1975-76?

High Court Of Bombay Bank Of Baroda vs. H.C. Shrivastava Section 35B(1)(b)(iv) Asst. Year 1975-76 S.H. Kapadia & V.C. Daga, JJ. Writ Petn. No. 2359 of 1990 30th July, 2001 Counsel Appeared F.V. Irani & J.N. Shah, for the Petitioner : R.V. Desai, J.P. Deodhar & P.S. Jetly, for the Respondent JUDGMENT V.C. DAGA, J. : …

Delhi H.C : Whether, on the facts and in the circumstances of the case, the difference in exchange amounting to Rs. 2,75,533 resulted in capital expenditure under s. 43A of the IT Act, 1961 and/or is not an allowable revenue expenditure under s. 28 r/w s. 37 of the Act?

High Court Of Delhi Jain Tube Co. Ltd. vs. CIT Sections 28(iiia), 37(1), 43A Arijit Pasayat, C.J. & D.K. Jain, J. IT Ref. No. 183 of 1983 27th July, 2001 Counsel Appeared None, for the Petitioner : R.C. Pandey & Ajay Jha, for the Respondent JUDGMENT ARIJIT PASAYAT, C.J.: On being moved for reference, the Tribunal, …

S.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in upholding the order of the Dy. CIT(A), Indore, directing to allow interest on interest, when the law points for grant of similar interest only?

Supreme Court Of India CIT vs. Narendra Doshi Section 214 S.P. Bharucha, Y.K. Sabharwal & Brijesh Kumar, JJ. Civil Appeal No. 2053 of 2000 26th July, 2001 Counsel Appeared R.P. Bhatt with Mrs. Lakshmi Iyengar, B.V. Balaram Das & Ms. Sushma Suri, for the Appellant : Krishnanand Pandeya, for the Respondent ORDER BY THE COURT : …

Andhra Pradesh H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the Karta’s wife is entitled to a share at the time of partition on par with her sons in lieu of maintenance ?

High Court Of Andhra Pradesh CIT vs. I. Markondeya Sections Hindu Adoption and Maintenance Act, 1956, ss. 18 & 20 S.R. Nayak & S. Ananda Reddy, JJ. Case Refd. No. 150 of 1991 26th July, 2001 Counsel Appeared J.V. Prasad, for the Applicant ORDER S.R. NAYAK, J. : The following two questions of law arising out …

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the learned Tribunal is right in law in deleting the disallowance of Rs. 55,271 confirmed by the learned CIT(A) on account of alleged job charges paid to Shri Sandeep Jain, son of the assessee ?

High Court Of Punjab & Haryana CIT vs. Pardeep Jain Section 256(2) Asst. Year 1988-89 Jawahar Lal Gupta & Ashutosh Mohunta, JJ. ITC No. 120 of 1996 24th July, 2001 Counsel Appeared Rajesh Bindal, for the Petitioner : A.K. Mittal, for the Respondent JUDGMENT JAWAHAR LAL GUPTA, J. : The Revenue has filed this petition under …

Gauhati H.C : This writ petition has been filed challenging the order dt. 13th March, 1995, passed by the Asstt. CIT, Circle II(1), Guwahati, under s. 155 of the IT Act, 1961.

High Court Of Gauhati Raj Kumar Deorah & Sons vs. CIT & Anr. Sections 154, 155(1), Art. 226 Asst. Year 1992-93 J.N. Sarma, J. Civil Rule No. 2904 of 1995 24th July, 2001 Counsel Appeared Dr. A.K. Saraf, K.K. Gupta & R.K. Agarwala, for the Petitioner : U. Bhuyan, for the Respondents JUDGMENT J.N. SARMA, J. …

Bombay H.C : Whether the AO was right in rejecting the claim of the assessee on the ground that the gross total income of the assessee, computed as per the provisions of the Act before deductions under Chapter VI-A, was Nil ?

High Court Of Bombay Synco Industries Ltd. vs. Assessing Officer & Ors. Sections 80A(2), 80B(5), 80HH, 80-I Asst. Year 1990-91, 1991-92 S.H. Kapadia & V.C. Daga, JJ. IT Appeal No. 591 of 2000 23rd July, 2001 Counsel Appeared Pradeep Sancheti with A.H. Mehta, for the Appellant : R.V. Desai with J.P. Deodhar & P.S. Jetley i/b …
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