Sec. 36(1)(Viia)

Sec. 36(1)(Viia)

Calcutta H.C : Tribunal has erred in law in allowing deduction under section 36(1) (viia) of the I.T.Act, 1961, for the same advances made for all previous years leading to multiple deductions in every assessment year by misinterpreting the Rule 6ABA of the I.T. Rules, 1962 and also against the ratio of judgmen in the case of J.K Synthetics Ltd. vs. UOI 199 ITR 43 (SC)

/

High Court Of Calcutta Pr.CIT vs. Uttarabanga Kshetriya Gramin Bank Section 36(1)(viia) Asst. Year 2008-09 and 2009-10 Aniruddha Bose &

Sec. 36(1)(Viia), Sec. 115JA, Sec. 143(1), Sec. 143(3), Sec. 40A(3), Section 133, Section 147, Section 148, Section 152, Section 153, Section 68, Section 69

Rajasthan H.C : the proceedings for reassessment under Section 148/147 of the Income Tax Act, 1961 were initiated by the ld. Assessing Officer on non-existing facts because ultimately the Assessee has been able to explain that the income which was believed to have escaped assessment was explainable but some other additions were made under the assessment order

/

High Court Of Rajasthan Prime Chem Oil Limited vs. Assistant Commissioner Of Income Tax Section 36(1)(viia), 40A(3), 68, 69, 115JA,

Sec. 36(1)(vii), Sec. 36(1)(2), Sec. 36(1)(Viia), Section 254

Bombay H.C : Where Tribunal in respect of withdrawal of deduction under section 36(1)(viia), merely followed its order for preceding assessment year and upheld order passed by Commissioner in a casual manner, same was not justified; matter was to be remanded back to Tribunal

/

High Court Of Bombay State Bank Of India Vs. DCIT Section : 36(1)(Vii)/(1)/(Viiia)/(2), 254 Assessment Year : 2006-07 S.C. Dharmadhikari

Sec. 36(1)(vii), Sec. 36(1)(Viia), Sec. 37(1), Sec. 43D, Section 145, Section 36

S.C : Whether the Department is entitled to treat the ‘provision for NPA’, which in terms of RBI Directions 1998 is debited to the P&L a/c, as ‘income’ under s. 2(24) of the IT Act, 1961 (“IT Act” for short), while computing the profits and gains of the business under ss. 28 to 43D of the IT Act ?

/

Supreme Court Of India Southern Technologies Ltd. vs. JCIT Section 36(1)(vii), 36(1)(viia), 37(1), 43D, 145, Art. 14, Art. 19(1)(g), Reserve

Scroll to Top
Malcare WordPress Security