Month: October 2005

Rajasthan H.C : Whatever the individual has advanced the money to HUF to carry out the contract work that was used and if the interest of that amount as loan which has been advanced to assessee is taken into account that is more than the profit shown in the hands of individual by Karta of HUF

High Court Of Rajasthan : Jaipur Bench Vijay Prakash Toshniwal & Ors. vs. CIT Section 4 Asst. Year 1991-92 Y.R. Meena & K.C. Sharma, JJ. IT Appeal No. 4 of 2002 30th November, 2005 Counsel Appeared Mahendra Gargiya with Miss Anupama Parasar, for the Assessee : Mrs. Parinitoo Jain, for the Revenue JUDGMENT By the court …

Bombay H.C : No fresh facts have been brought on record to issue the notice in question, as such, impugned notice issued under s. 148 seeking to reopen the assessment for year 1998-99 is without jurisdiction and bad in law

High Court Of Bombay German Remedies Ltd. vs. DCIT Sections 147, 148, 151 Asst. Years 1997-98, 1998-99 V.C. Daga & J.P. Devadhar, JJ. Writ Petn. Nos. 619 & 621 of 2005 28th October, 2005 Counsel Appeared Ajay Singh, for the Petitioner : A.S. Rao, for the Respondent JUDGMENT V.C. Daga, J. : These petitions, filed under …

Allahabad H.C : Whether there was material justifying Tribunal’s finding that there was a corresponding liability in respect of accretion in contingency account No. II amounting to Rs. 7,10,824 ?

High Court Of Allahabad CIT vs. Motor Sales Ltd. Sections 5, 28(i), 32A Asst. Year 1983-84 R.K. Agrawal & Rajes Kumar, JJ. IT Ref. No. 108 of 1991 28th October, 2005 Counsel Appeared R.K. Upadhyaya, for the Revenue : R.S. Agrawal, for the Assessee JUDGMENT R.K. Agrawal, J. : The Tribunal, Allahabad Bench, Allahabad, has referred …

Madras H.C : Whether, on the facts and circumstances of the case, the Tribunal was right in holding that hire purchase finance charges are not subject to interest-tax, without going into the nature of the financial transactions ?

High Court Of Madras CIT vs. Sri Ram Investment Ltd. Section INT 2(7) Asst. Year 1996-97 P.D. Dinakaran & N. Kannadasan, JJ. Tax Case No. 1072 of 2005 27th October, 2005 Counsel Appeared : T. Ravikumar, for the Revenue JUDGMENT P.D. Dinakaran, J. : Against the order of the Tribunal in ITA No. 98/Mad/1999, dt. 18th …

Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in dismissing the appeal filed by the assessee as barred by limitation ?

High Court Of Madras Sreenivas Charitable Trust vs. DCIT Section 254 Asst. Year 1988-89 P.D. Dinakaran & N. Kannadasan, JJ. Tax Case No. 1059 of 2005 27th October, 2005 Counsel Appeared : Philip George, for the Appellant : Muralikumar, for the Respondent JUDGMENT P.D. DINAKARAN, J. : Against the order of the Tribunal in ITA No. …

S.C : The petitioner also prays for an order directing the respondent to bifurcate the gross receipts of processing of photographs into the portion attributable to goods and that attributable to services

Supreme Court Of India C.K. Jidheesh vs. Union Of India & Ors. Sections 1994FA 65(47), 1994FA 65(48), 1994FA 65(72)(zb), 1994FA 66, 1994FA 67 S.N. Variava & P.P. Naolekar, JJ. Writ Petn. No. 507 of 2002 27th October, 2005 Counsel Appeared Krishnan Venugopal, Syed Shahid Hussain Rizvi, Prasad Vijay Kumar & Siddarth Singh, for the Petitioner : …

Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in remitting the matter and directing the AO to quantify the undisclosed income by taking into consideration the advance tax paid and decide the issue in accordance with law ?

High Court Of Madras CIT vs. N. Vellaiyan Section 158BB Asst. Year Block period 1st April, 1988 to 9th Dec., 1998 P.D. Dinakaran & N. Kannadasan, JJ. Tax Case No. 1112 of 2005 27th October, 2005 Counsel Appeared Mrs. Pushya Sitaraman, for the Appellant JUDGMENT P.D. Dinakaran, J. : Against the order of the Tribunal in …

Madras H.C : The assessees/respondents herein were engaged in the business of accepting deposits from the public for the purpose of real estate and property development business. The assessment order under s. 143(3) r/w ss. 158BD and 158BC

High Court Of Madras CIT vs. Kasi Credit Corporation & Anr. Section 260A, 273E Asst. Year 1996-97, 1997-98 P.D. Dinakaran & N. Kannadasan, JJ. Tax Case Nos. 925 & 926 of 2005 26th October, 2005 Counsel Appeared : K. Subramaniam, for the Appellant JUDGMENT P.D. dinakaran, J. : The above tax case appeals are directed against …
Malcare WordPress Security