Month: December 2006

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding the expenses of Rs.86,914 spent on silver wares for distribution to the dealers and foreign visitors as business expenditure ?

High Court Of Punjab & Haryana CIT vs. Avery Cycle Industries Ltd. Section 36(1)(iii), 37(1), 37(2), 80HHC, 80-I Asst. Year 1992-93 Adarsh Kumar Goel & Rajesh Bindal, JJ. IT Appeal No. 196 of 2004 22nd December, 2006 Counsel Appeared : S.K. Garg, for the Appellant : Akshay Bhan, for the Respondent JUDGMENT Rajesh Bindal, J. : …

Karnataka H.C : Whether on the facts and circumstances of the case, there is material and evidence for the Tribunal to hold that the commission paid by the respondent assessee company to its sister-concern at 10 per cent on its sales turnover is reasonable ?

High Court Of Karnataka DCIT vs. Microtex Separators Ltd. Section 40A(2) Asst. Years 1991-92, 1992-93, 1993-94, 1994-95, 1995-96 R. Gururajan & N. Ananda, JJ. IT Appeal Nos. 63, 64, 66 & 82 of 2000 22nd December, 2006 Counsel Appeared E.R. Indrakumar, for the Appellant : G. Sarangan with K.S. Ramabadran, for the Respondent JUDGMENT R. Gururajan, …

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the assessee’s appeals on the question of jurisdiction of the AO were maintainable before the CWT(A) ?

High Court Of Punjab & Haryana Commissioner Of Wealth Tax vs. Siri Paul Oswal Section 23A Asst. Year 1972-73 to 1974-75 Adarsh Kumar Goel & Rajesh Bindal JJ. WT Ref. Nos. 82 to 84 of 1998 22nd December, 2006 Counsel Appeared : Dr. N.L. Sharda, for the CIT : Akshay Bhan, for the Assessee JUDGMENT By …

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in upholding the order of the learned CIT(A) allowing deduction under s. 80HH on the assessee before allowing deduction for investment allowance under s. 32A ?

High Court Of Punjab & Haryana CIT vs. Mahavir Spinning Mills Ltd. Section 32, 32(1)(iv), 80B(5), 80HH, 80J Asst. Year 1980-81 Adarsh Kumar Goel & Rajesh Bindal, JJ. IT Ref. Nos. 31 to 34 of 1989 22nd December, 2006 Counsel Appeared S.K. Garg Narwana, for the Revenue : Akshay Bhan, for the Assessee JUDGMENT by the …

Calcutta H.C : The CIT(A) reversed the decision of the AO and gave full exemption for the amounts involved in the said four assessment years to the appellants

High Court Of Calcutta Faridabad Investment Company Ltd. vs. CIT Sections 1998FA(No. 2) 87(e), 1998FA(No. 2) 87(F), 1998FA(No. 2) 93, Asst. Years 1991-92, 1992-93, 1993-94, 1994-95 Ashim Kumar Banerjee & Sankar Prasad Mitra, JJ. APO No. 374 of 2006 in Writ Petn. No. 119 of 2000 20th December, 2006 Counsel Appeared J.P. Khaitan & S. Bhattacharjee, …

Kerala H.C :whether disallowance of the two items of claims of deduction made by the assessee were prima facie inadmissible to justify disallowance by the officer in exercise of authority vested in him under cl. (iii) of first proviso to s. 143(1)(a)

High Court Of Kerala A.I. Kurian vs. CIT & Anr. Section 143(1)(a) Asst. Years 1995-96, 1996-97 C.N. Ramachandran Nair, J. Original Petn. No. 17999 of 2001 20th December, 2006 Counsel appeared P. Balakrishnan & R. Amritharaj, for the Petitioner : P.K.R. Menon & George K. George, for the Respondents JUDGMENT C.N. Ramachandran Nair, J. : The …

Madras H.C : It is not a case of reassessment under s. 153A of the Act and as such the provisions contained in s. 142A of the Act are not applicable in respect of the petitioner’s assessment which has been made before 30th Sept., 2004

High Court Of Madras Thiru V. Selladurai vs. CCIT & Anr. Section 263, Art. 226 Asst. Year 2001-02 K. Mohan Ram, J. Writ Petn. No. 4512 of 2006 & M.P. (MD) No. 1 of 2006 20th December, 2006 Counsel Appeared : K. Soundararajan, for the Petitioner : J. Ravikumar, for the Respondents ORDER K. Mohan Ram, …
Malcare WordPress Security