Skip to content

taxcaselaw.com

My account

Cart
Checkout
My account
Shop

taxcaselaw.com

Cart
Checkout
My account
Shop

September 2012

Sec. 40A(9), Section 40A

S.C : Where assessee claimed that it had spent certain welfare expenses towards providing education to its employees’ children, for applying section 40A(9) to such payment, there should be clear bifurcation between payments made by the assessee to schools and society promoted by it and payments made to schools other than those promoted by it

Avijit Das / September 18, 2012

Supreme Court Of India Sandur Manganese & Iron Ores Ltd. VS. CIT Assessment Years : 1985-86, 1986-87, 1989-90 To 1992-93 […]

Sec. 36(1)(vii), Section 36

S.C : Assessee in course of its business promoted a company which was declared sick by BIFR and advances/loans made to that company became irrecoverable, assessee was eligible to claim such irrecoverable amount as bad debt

Avijit Das / September 18, 2012

Supreme Court Of India Kerala State Industrial Dev. Corpn. Ltd. VS. CIT Assessment Year : 1988-89 Section : 36(1)(Vii) S.H.

Section 10A, Section 10B

Delhi H.C : The claim of deduction under Section 10-B of the Income Tax Act in respect of the assessees’ income derived from export of computer software was permissible

Avijit Das / September 17, 2012

High Court of Delhi CIT vs. Regency Creations Ltd. Assessment years : 2003-04 Section 10B, 10A S. Ravindra Bhat And

Section 263, Income Tax Case Laws

Delhi H.C : The provisions of Section-263 of the Act could not be invoked having regard to the facts and circumstances of the present case

Avijit Das / September 17, 2012

High Court Of Delhi CIT vs. DLF Ltd Section 263 Asst. Year 2002-03 S. Ravindra Bhat & R.V. Easwar, JJ.

Delhi H.C : remand to AO justified if additional evidence was not examined

Avijit Das / September 17, 2012

High Court Of Delhi CIT VS. Arts Beauty Exports Assessment Years : 2006-07 And 2007-08 Section : 10B Ravindra Bhat

Section 143, Section 147

Gujarat H.C : Where Assessing Officer completed scrutiny assessment after examining every aspect of assessee’s case in detail, in view of proviso to section 147, he could not initiate reassessment proceedings after expiry of four years from end of relevant assessment year merely at behest of audit party

Avijit Das / September 15, 2012

High Court Of Gujarat Fag Bearings India Ltd. VS. DCIT Assessment year : 1996-97 Section 147, 143 Akil Kureshi And

Sec. 37(1), Section 37

Jharkhand H.C : Loss on account of foreign exchange fluctuation can be allowed on basis of audited accounts and paper book

Avijit Das / September 14, 2012

High Court Of Jharkhand CIT VS. Timken India Ltd. Section : 37(1) Prakash Tatia, Cj. And Mrs. Jaya Roy, J.

Income Tax Case Laws, Sec. 206A, Section 206

S.C : There is inordinate delay in filing appeals before the High Court under Section 260A

Avijit Das / September 14, 2012

Supreme Court Of India Director Of Income Tax (International Taxation) vs. CITI BANKN.A. Section 260A S.H. Kapadia, CJ & A.K.

Section 80-IA, Section 154

S.C : AO not justified in rectifying assessment on ground that claim of deduction under section 80-IA had been allowed inadvertently before setting off of earlier years losses from profits and gains of industrial undertaking

Avijit Das / September 13, 2012

Supreme Court Of India Dinosaur Steels Ltd. VS. JCIT Assessment Year : 1997-98 Section : 80-IA, 154 S.H. Kapadia, Cji

Section 132, Section 69A

Delhi H.C : no additions under section 69A can be made without providing statements and materials, on basis of which such additions were made, to assessee

Avijit Das / September 13, 2012

High Court Of Delhi CIT Vs. PC Chemicals Section : 69A, 132 Ravindra Bhat And R.V. Easwar, Jj. IT Appeal

Post pagination

← Previous 1 2 3 4 … 6 Next →

Copyright © 2024 taxcaselaw.com | Powered by Astra WordPress Theme

Scroll to Top