July 2006 – taxcaselaw.com

Delhi H.C : the CIT(A) the assessee filed a paper book in which all the claim letters, debit notes, etc. raised by the parties were filed

High Court Of Delhi CIT vs. Devayhi Beverages Ltd. Section 37(1) Asst. Year 1998-99 Madan B. Lokur & Vipin Sanghi, JJ. IT Appeal No. 503 of 2006 31st July, 2006 Counsel Appeared : Ms. P.L. Bansal, for the Appellant : Satyen Sethi, for the Respondent ORDER By the court : The Revenue is aggrieved by an …

Gujarat H.C : Whether, on facts and in law, the Tribunal was justified in upholding the action under s. 147(a) of the IT Act ?

High Court Of Gujarat Gujarat Fertilisers vs. CIT Section 68, 147(a) R.S. Garg & M.R. Shah, JJ. IT Ref. No. 227 of 1995 31st July, 2006 Counsel Appeared : S.N. Divatia, for the Applicant : Mrs. Mona M. Bhatt for Manish R. Bhatt, for the Respondent JUDGMENT R.S. GARG, J. : Mr. S.N. Divetia, learned counsel …

Punjab & Haryana H.C : Whether, on the facts and circumstances of the case, the Tribunal was justified in confirming the action of authorities below by upholding the addition made on account of impugned gifts of Rs. 47,752 and Rs. 35,752 (being enhancement of income) ?

High Court Of Punjab & Haryana Subhash Chander Sekhri vs. DCIT Sections 68, 260A Asst. Year 1993-94 Adarsh Kumar Goel & Rajesh Bindal, JJ. IT Appeal No. 265 of 2006 31st July, 2006 Counsel Appeared S.K. Mukhi, for the Appellant JUDGMENT By the court : This is an appeal filed by the assessee raising following substantial …

AAR : Whether tax is required to be deducted at source before making the said payment ?

Authority For Advance Rulings Gameplan Sports (P) Ltd., In Re Authority for Advance Rulings (Procedure) Rules, 1996, R. 20 Syed Shah Mohammed Quadri, J., Chairman & A.S. Narang, Member AAR No. 666 of 2005 31st July, 2006 Counsel Appeared S.K. Ray & P. Mukherjee, for the Applicant : S.D. Kapila & S. Ramchandani, for the CIT …

Allahabad H.C : The ITO did not have jurisdiction to impose penalty under s. 271(1)(c) without obtaining the prior consent of the IAC in terms of cl. (iii) of sub-s. (1) of s. 271 of the IT Act, 1961

High Court Of Allahabad CIT vs. Ganesh & Co. Section 271(1)(c) Asst. Year 1974-75, 1975-76 R.K. Agrawal & Vikram Nath, JJ. IT Ref. No. 42 of 1990 31st July, 2006 Counsel Appeared : Shambhoo Chopra, for the Revenue JUDGMENT By the court : The Tribunal, Allahabad, has referred the following question of law under s. 256(1) …

Gujarat H.C : Whether the Tribunal is right in law and on facts in holding that the assessee-trust is a religious trust entitled to the benefit of s. 11 ?

High Court Of Gujarat CIT vs. Chandra Charitable Trust Sections 11, 13(1)(b) R.S. Garg & M.R. Shah, JJ. IT Ref. No. 234 of 1995 31st July, 2006 Counsel Appeared Mrs. Mona M. Bhatt, for the Applicant : R.K. Patel, for the Respondent JUDGMENT R.S. GARG, J. : Mrs. Mona Bhatt, learned counsel for the Revenue and …

AAR : Whether in the facts and circumstances of the case and in law, salary income received in India by Mr. Manish Gupta from British Gas India (P) Ltd. for rendering services outside India is taxable in India ?

Authority For Advance Rulings British Gas India (P) Ltd., In Re Section 6(1), Expln. (a) Asst. Year 2006-07 Syed Shah Mohammed Quadri, J., Chairman & A.S. Narang, Member AAR No. 725 of 2006 31st July, 2006 Counsel Appeared M.S. Syali, for the Applicant : None, for the CIT concerned ORDER Syed Shah Mohammed Quadri, J., chairman …

Gujarat H.C : the value of gold ornaments of Rs. 1,20,000 which was not accounted for in the books of account of assessee was assessable in asst. yr. 1988-89 instead of asst. yr. 1987-88 ?

High Court Of Gujarat CIT vs. Baroda Chain Works Section 69A Asst. Year 1987-88 R.S. Garg & M.R. Shah, JJ. IT Ref. No. 230 of 1995 31st July, 2006 Counsel Appeared : Mrs. Mona Bhatt, for the Applicant : S.N. Soparkar with Ms. Jolly R. Parikh, for the Respondent JUDGMENT R.S. GARG, J. : Smt. Mona …

Gujarat H.C : Whether on the facts and in the circumstances of the case, the Tribunal was right in law in holding that Gujarat Maritime Board fulfils the conditions as envisaged in s. 12AA of the IT Act, 1961, which are necessary for its registration under s. 12A of the said Act ?

High Court Of Gujarat CIT vs. Gujarat Maritime Board Sections 12A, 12AA, 260A Y.R. Meena, Actg. C.J. & D.A. Mehta, J. Tax Appeal No. 1433 of 2005 31st July, 2006 Counel Appeared : Tanvish U. Bhatt, for the Appellant : Mrs. Swati Soparkar, for the Respondent ORDER By the court : The following question is proposed …

Punjab & Haryana H.C : Whether on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that Central excise duty component could not be included in the value of closing stock ?

High Court Of Punjab & Haryana CIT vs. Groz Beckert Asia Ltd. Section 80HHC, 145 Adarsh Kumar Goel & Rajesh Bindal, JJ. IT Appeal No. 136 of 2005 28th July, 2006 Counsel Appeared : Dr. N.L. Sharda, for the Appellant : Ms. Radhika Suri, for the Respondent ORDER By the court : This is an appeal …

Month: July 2006