Category: Section 170

Delhi H.C : Did the ITAT misapply the provisions of Section 170 (2) of the Income Tax Act in the circumstances of the case, while concluding that the assessment order was not tenable for having been framed in the name of the non-existent company

High Court Of Delhi Pr.CIT-6, New Delhi vs. Maruti Suzuki India Ltd. Section 170 Assessment year 2011-12 Muralidhar And Prathiba M. Singh, JJ. IT Appeal No. 65 Of 2017 September  4, 2017 ORDER Dr. S. Muralidhar, J. – This is an appeal by the Revenue against the order dated 21st July 2016 passed by the Income Tax …

Delhi H.C : know- how, business contacts, business information, etc. acquired as part of the slump sale described as ‘goodwill’ were not entitled for depreciation under Section 32(1)(ii)

High Court Of Delhi Areva T & D India Ltd. & Ors. vs. DCIT & ORS. Section 260A, 32(1)(ii), 143(3), 32(2)(ii), 32, 42, 2, 47, 170, 43(6), 263 The Acting Chief Justice & Siddharth Mridul J. ITA No.315/2010 with ITA No.1151/2010 & ITA No.1152/2010 30th March, 2012 Counsel Appeared Ajay Vohra with Ms. Kavita Jha, Mr. …

Andhra Pradesh H.C : the closing stock of the firm should be evaluated at cost price for the purpose of determination of income notwithstanding the closure of business by the partnership firm and take over of the business by an independent legal entity, viz., the company

High Court Of Andhra Pradesh CIT vs. Hansa Footwear Section : 170 Madan B. Lokur, Cj.And Sanjay Kumar, J. IT Appeal No. 36 Of 1999 December 26, 2011 JUDGMENT Madan B. Lokur, CJ. – The substantial question of law framed for our consideration is as follows : “Whether, on the facts and circumstances of the case, …

Kerala H.C : Whether, on the facts and in the circumstances of the case, does the case fall under s. 188 of the IT Act as a case of one partnership-firm succeeding another or only a change of constitution within the meaning of s. 187(2) of the IT Act when two partners retired and two others were admitted as new partners ?

High Court Of Kerala CIT vs. Palakunnathu Traders Asst. Year 1991-92 Sections 170, 187, 188 G. Sivarajan & J.M. James, JJ. IT Appeal No. 31 of 2000 1st September, 2003 Counsel Appeared : P.K.R. Menon, for the Appellant : P. Balakrishnan, for the Respondent JUDGMENT G. Sivarajan, J. : This is an appeal filed by the …
Malcare WordPress Security