Tag: 171 ITR

Kerala H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in interfering with the figure of Rs. 2,55,775 which was adopted by the WTO as representing the value of the undivided 1/4th interest of each of the assessees in the immovable property jointly owned by each assessee with three others on M.G. Road ?

High Court Of Kerala CIT vs. P.I. George & Ors. Section WT 7(1) Asst. Year 1973-74, 1974-75, 1975-76 K.S. Paripoornan & K. Sreedharan, JJ. IT Ref. Nos. 282 to 285 of 1980 & 431 to 438 of 1982 28th March, 1988 Counsel Appeared P. K. R. Menon & N. R. K. Nair, for the Revenue : …

Calcutta H.C : Even though the rule under consideration was made ready as regards service and has been directed to be placed on the general list for hearing, nobody appeared for the respondents.

High Court Of Calcutta S. M. M. Islam vs. Chief Commissioner Of Income Tax (Admininstration) & CIT M. N. Roy & D. K. Basu, JJ. C. R. No. 753 of 1987 21st March, 1988 Counsel Appeared Applicant in Person : None appeared, for the Respondent BY THE COURT Even though the rule under consideration was made …

Patna H.C : Whether, on the facts and in the circumstances of the case, the Tribunal has rightly held that the CIT, acting under s. 263(1) of the IT Act, 1961, could not interfere with an order of assessment made under s. 143(1) in pursuance of the scheme to help the new taxpayers in small income groups launched by the Government?

High Court Of Patna CIT vs. Smt. Kaushalaya Devi Section 263 Asst. Year 1972-73, 1973-74 Uday Sinha & Krishna Ballabh Sinha, JJ. Taxation Cases Nos. 16 and 17 of 1980 7th March, 1988 Counsel Appeared B.P. Rajgarhia & S.K. Sharan, for the Revenue : None, for the Petitioner BY THE COURT : These two references relate …

Jammu & Kashmir H.C : This writ petition is filed by the petitioner-firm praying for a writ of certiorari for the quashing of the order passed by CIT, Amritsar-1, on January 31, 1976, and for a writ of mandamus against respondent No. 2 praying for determination and the assessment of income-tax payable by the petitioner with respect to the years 1958-59, 1959-60, 1960-61 and 1961-62 relating to the working of lease known as ” Killar Forest “, Jammu and Kashmir State, in the province of Jammu or any other writ or direction as may be deemed necessary under the circumstances of the case.

High Court Of Jammu & Kashmir Krishan Chand Girdhari Lal & Co. vs. CIT Sections 264, 143, 4 Asst. Year 1958-59, 1959-60, 1960-61, 1961-62 M.A. Shah, J. Writ Petn. No. 36 of 1976 19th February, 1988 Counsel Appeared S.P. Gupta & H.L. Bhagotra, for the Petitioner : T.S. Thakur, for the Respondents M.A. SHAH, J.: This …

Calcutta H.C : The notice dated March 19, 1981, under s. 274 r/w s. 271 of the IT Act, addressed to the writ petitioner has been challenged in the instant writ petition.

High Court Of Calcutta Dr. Murari Mohan Kukherji vs. ITO Section 271(1)(c) Asst. Year 1978-79 P.K. Mukherjee, J. C.R. No. 13242 of 1982 19th February, 1988Â Counsel Appeared Sanjoy Bhattacharya & Mrs. Chandrima Bhattacharya, for the Petitioner : Nandalal Pal & Rupen Mitra, for the Respondents BY THE COURT : The notice dated March 19, 1981, …

Calcutta H.C : The petitioner who is a well known surgeon in plastic surgery was originally assessed by the ITO, ” B ” Ward, District VIII, Calcutta, up to the asst. yr. 1977-78.

High Court Of Calcutta Dr. Murari Mohan Mukherjee vs. Kanai Lal De & Ors. Section 277 Asst. Year 1978-79 P.K. Mukherjee, J. C.R. No. 13391 of 1982 19th February, 1988 Counsel Appeared Sanjoy Bhattacharya & Mrs. Chandrima Bhattacharya, for the Petitioner : Mandalal Pal & Rupen Mitra, for the Respondents BY THE COURT : The summons …

Madras H.C : Whether the Tribunal’s conclusions that the AAC was justified in deleting the additions ill respect of hundi credits and the interest claimed thereon is justified on the facts of the case, particularly when the assessee had not taken steps to produce the bankers either at the original assessment stage or at the reassessment stage ?

High Court Of Madras CIT vs. Gani Silk Palace Section 68 Asst. Year 1963-64, 1964-65, 1965-66 M.N. Chandurkar, C.J. & Srinivasan, J. TCNos. 371 to 373 of 1979 16th February, 1988 Counsel Appeared Rajan, for the Revenue : Chitra Venkataraman, for the Assessee SRINIVASAN, J.: The only question that is referred to this Court for consideration …

Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the conveyance of certain lands made by the assessee to her sister’s daughters did not amount to making of a ‘gift’ taxable as such under the GT Act, 1958, and, therefore, the assessment made on the ‘gift’ was not valid in law and should, therefore, be cancelled ?

High Court Of Madras Commissioner Of Gift Tax vs. Smt. Kuppulakshmi Ammal Section GT 2(xii) Asst. Year 1972-73 M.N. Chandurkar, C.J. & Srinivasan, J. T.C. No. 357 of 1979 16th February, 1988 Counsel Appeared C.V. Rajan, for the Revenue : R. Janakiraman, for the Assessee SRINIVASAN, J.: The questions which have been referred to this Court …

Madras H.C : The payment of Rs. 3,40,000 to the assessee made by the English company could not be regarded as a capital receipt but was income taxable for the asst. yr. 1971-72 ?

High Court Of Madras Matheson Bosanquet Co. Ltd. vs. CIT Section 28(ii)(c) Asst. Year 1971-72 M.N. Chandurkar, C.J. & Srinivasan, J. TCNo. 273 of 1979 15th February, 1988 Counsel Appeared Subbaraya Aiyar, Padmanabhan & Ramamani, for the Assessee : C.V. Rajan, for the Revenue. SRINIVASAN, J.: In this tax case, the Tribunal has made a reference …

Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee could dispute the levy of interest under s. 139 for the belated filing of return of income in an appeal filed against the assessment ?

High Court Of Madras CIT vs. Veppalodai Salt Corporation Sections 139(8), 246(1)(c) M.N. Chandurkar, C.J. & Srinivasan, J. TCNos. 546 to 555 of 1978 15th February, 1988 Counsel Appeared C.V. Rajan, for the Revenue : Miss Maya Nichani, for the Assessee SRINIVASAN, J.: This case arises on a reference made pursuant to a direction by this …