Bombay H.C : the Tribunal directing the AO to grant interest under s. 244A
High Court Of Bombay CIT vs. Larsen & Toubro Ltd. Section 244A Asst. Year 2001-02 Dr. D.Y. Chandrachud & J.P. […]
Sec. 244A
June 2010
Section 147
Bombay H.C : validity of a notice of the AO seeking to reopen an assessment would have to be determined on the law as it prevailed on the date of the notice for reopening of the assessment
High Court Of Bombay Iot Infrastructure & Energy Services Ltd. Vs. ACIT Assessment Year : 2004-05 Section : 147 Dr.
Section 220, Section 4
Andhra Pradesh H.C : HUF properties were attached for realization of tax due by firm
High Court Of Andhra Pradesh ITO Vs. Tippala China Appa Rao Assessment Year : 1971-72 and 1972-73 Section : 220,4
Section 147
Bombay H.C : the petitioner had claimed a deduction under s. 80-IA on the generation of electricity by a captive power plant (‘CPP’)
High Court Of Bombay Hindustan Petroleum Corporation Ltd. vs. DCIT & Anr. Section 147, proviso Asst. Year 2002-03 Dr. D.Y.
Sec. 37(1), Section 80HHC
Bombay H.C : The insurance claim amounting to Rs. 36.22 lakhs related to stock-in-trade of the assessee company and therefore there was no justification to exclude 90 per cent of the insurance claim while computing eligible profits under s. 80HHC of the IT Act, even though there is a clear finding of the AO that the insurance claim is not directly related to business profit
High Court Of Bombay CIT vs. Pfizer Ltd. Section 37(1), 80HHC, Expln. (baa) Asst. Year 2001-02 Dr. D.Y. Chandrachud &
Section 69
Karnataka H.C : Whether Cash Relates to Agriculture Income is Matter of Fact Finding
High Court Of Karnataka CIT Vs. Byyanna (HUF) Assessment Year : 2000-01 and 2001-02 Section : 69 N.K. Patil And
Income Tax Case Laws, Section 4
Bombay H.C : the excess of income over expenditure in respect of the effluent treatment receipts is exempt from income-tax on the principle of mutuality
High Court Of Bombay CIT vs. Common Effluent Treatment Plant (Thane Belapur) Association Section 4 Asst. Year 2001-02 Dr. D.Y.
Section 28, Section 45
Bombay H.C : instead of showing the shares as ‘stock-in-trade’ in the balance-sheet it was shown by the assessee under the head ‘investments’
High Court Of Bombay CIT vs. Darius Pandole Section 28, 45, Asst. Year 2003-04 Dr. D.Y. Chandrachud & J.P. Devadhar
Section 80HHC
Karnataka H.C : The computation of deduction under section 80HHC of the Act worked out by the Assessing Officer based on the export turnover (FOB) minus direct cost minus indirect cost cannot be taken into account, as corresponding deduction in the profit and loss account had to be allowed
High Court Of Karnataka CIT, Bangalore vs. HJS Stones Ltd. Assessment Year : 1995-96 Section : 80HHC N.K. Patil And
Section 147
Bombay H.C : The dispute in these proceedings arises out of a notice issued by the first respondent on 18th March, 2009 by which an assessment for asst. yr. 2002-03 is sought to be reopened in pursuance of the provisions of s. 147
High Court Of Bombay 3i Infotech Ltd. vs. Assistant Commissioner Of Income Tax & Ors. Section 147, proviso, 147, Expln.
