Delhi H.C : the ITAT has not erred in law in case of the respondent for deleting the addition of Rs.26,27,610/- for AY 1998-1999 in the block assessment as his undisclosed income substantively from his proprietorship concern

High Court Of Delhi CIT-XI vs. Kuldeep Sood Section 158BC Asst. Year 1998-1999 Badar Durrez Ahmed & R. V. Easwar, JJ. ITA No. 43/2013 30th January, 2013 Counsel appeared Sanjeev Rajpal for the Petitioner.: None for the Respondent R. V. EASWAR, J. 1. This appeal has been filed by the Revenue and it is directed against …

Allahabad H.C :The Income Tax Appellate Tribunal was legally right in not quashing the penalty proceedings under Section 273(2)(a) of the Act where it is admitted that no such proceedings were proposed in the draft assessment order nor any directions under Section 144B of the Act were given by the Inspecting Assistant Commissioner of Income Tax in his order to Assessing Authority to take such proceedings in the present case

High Court Of Allahabad J.K. Synthetics Ltd. vs. CIT (Central), Kanpur Assessment Year : 1979-80 Section : 273, 144B, 210 R.K. Agrawal And Ram Surat Ram (Maurya), JJ. IT Appeal No. 17 Of 1999 January  29, 2013 ORDER R.K. Agrawal, J. – The present appeal under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to …

Madras H.C : When an amount advanced to a contractor for execution of work for the purpose of business becomes irrecoverable, the same is not allowable as bad debt

High Court Of Madras Kwality Fun Foods And Restaurants (P.) Ltd. vs. DCIT Assessment Year : 1998-99 Section : 28(i), 36(1)(vii) Paul Vasanthakumar And Mrs. S. Vimala, JJ. T.C. Appeal No. 76 Of 2007 January  29, 2013 JUDGMENT N. Paul Vasanthakumar, J.-This tax case appeal is preferred by the assessee, challenging the order of the Income-tax …

Rajasthan H.C : the learned ITAT was justified in allowing the deductions under Sec. 80HHC on excess stock of Rs.9,39,170/- found during the course of survey and surrendered as business income without evidence that the receipt of money is in convertible foreign exchange

High Court Of Rajasthan CIT vs. Haswani Arts Section 133A, 80-HHC Asst. Year 2002-03 Dr. Vineet Kothari & V. K. Mathur, JJ. D.B. ITA No. 100/2007 29th January, 2013 Counsel appeared K. K. Bissa, for the appellant.: Vikas Balia, for the respondent BY THE COURT 1. This appeal has been filed by the appellant-Revenue under Section …
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