Bombay H.C : The penal interest was not waived by the ITO for the asst. yr. 1963-64
High Court Of Bombay Ratanlal Dhondiram vs. CIT Section 217(1) Asst. Year 1963-64 M.N. Chandurkar & M.H. Kania, JJ. IT […]
Section 217
Sec. 37(1), Section 145, Section 37
Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in holding that the interest payment to the Sugarcane Society and interest payable on the cane commission is an admissible deduction under s. 37(1) of the IT Act, 1961 ?
High Court Of Punjab & Haryana CIT vs. Amritsar Sugar Mills Co. Ltd. Sections 37(1), 145 Asst. year 1969-70 Prem
Sec. 271(1)(c ), Section 271
Orissa H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in deleting the penalty levied under s. 271(1)(c) of the IT Act ?
High Court Of Orissa CIT vs. Labala Haribandhu Sahu Section 271(1)(c) Asst. year 1962-63, 1964-65 R.N. Misra, C.J. & B.K.
Gift Tax Act, Section 6
Madras H.C : Whether, on the facts and in the circumstances of the case, it has been rightly held that the shares of M/s T.V. Sundaram Iyengar & Sons and Sundaram Industries should be valued for gift-tax assessment for the asst. yr. 1972-73 at Rs. 151.11 and Rs. 124.62 per share and not at Rs. 158.60 and Rs. 134.82 per share, respectively ?
High Court Of Madras Commissioner Of Gift Tax vs. K. Ramesh Section GT 6 Asst. Year 1972-73 Balasubrahmanyan & Padmanabhan,
Sec. 37(1), Section 37
Calcutta H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the sum of Rs. 50,000 paid to Voltas Ltd. was allowable expenditure in computing the profits and gains of the assessee’s business ?
High Court Of Calcutta CIT vs. Hewitt Robins (New York) Section 37(1) Asst. Year 1965-66 Sabyasachi Mukharji & Suhas Chandra
Section 145
Calcutta H.C : Snow White Food Products Co. Ltd., the assessee, in the asst. yr. 1968-69, the relevant previous year ending on 31st Dec., 1967, filed a revised return claiming that its income by way of interest should be assessed on cash basis and not on accrual as was being done in the previous assessment years.
High Court Of Calcutta Snow White Food Products Co. Ltd. vs. CIT Section 145 Asst. Year 1968-69 Dipak Kumar Sen
Section 145
Calcutta H.C : This reference arises out of the assessments to income-tax of, Snow White Food Products Co. Ltd., the assessee, in the asst. yrs. 1971-72 and 1972-73
High Court Of Calcutta Snow White Food Products Co. Ltd. vs. CIT Section 145 Asst. Year 1971-72, 1972-73 Dipak Kumar
Income Tax Case Laws
Madras H.C : Whether, on the facts and in the circumstances of the case, the reserve for doubtful debts amounting to Rs. 1,02,995 (or such other amount as verified to be correct), should be included in working out the capital base for the purposes of surtax ?
High Court Of Madras CIT vs. Indian Express (Madurai) Ltd. Section SURTAX ACT 1964 Balasubrahmanyan & Padmanabhan, JJ. Tax Case
Section 141
Calcutta H.C : Whether, on the facts and in the circumstances of the case, the Tribunal had no evidence or had relied on irrelevant or partly irrelevant materials in holding that the assessee’s activities of growing and manufacturing tea and those of growing paddy, jute and other crops constituted an indivisible business and/or whether such finding of the Tribunal was otherwise unreasonable or perverse ?
High Court Of Calcutta CIT vs. Chillidhary Tea Co. Ltd. Section 37 Sabyasachi Mukharji & C.K. Banerji, JJ. Matter No.
Sec. 271(1)(a), Section 271
Delhi H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the assessee could not be penalised for the default under s. 271(1)(a) of the IT Act, 1961, beyond the period of 25 months which commenced on 1st July, 1967, and ended on 31st Dec., 1968 ?
High Court Of Delhi CIT vs. Madho Singh Ishar Dass Section 271(1)(a) Asst. Year 1966-67 S. Ranganathan & Leila Seth,
