Tag: 254 ITR

S.C : the application and interpretation of the provisions of s. 150

Supreme Court Of India K.M. Sharma vs. ITO Sections 149, 150 Asst. Year 1968-69, 1969-70, 1970-71, 1971-72, 1982-83 S.P. Bharucha, C.J.; N. Santosh Hegde & D.M. Dharmadhikari, JJ. Civil Appeal No. 7742 of 1997 11th April, 2002 Counsel Appeared B.B. Ahuja with R.R. Dwivedi, Durgainder Singh & Randhir Singh Jain, for the Appellant : R.P. Bhatt …
Read More...

S.C : The opinion recorded by the Kerala High Court in IT Ref. No. 16 of 1997 has given rise to this appeal filed by the Chief CIT. The dispute relates to the asst. yr. 1985-86.

Supreme Court Of India CCIT vs. Kesaria Tea Co. Ltd. Sections 41(1) Asst. Year 1985-86 S. Rajendra Babu, K.G. Balakrishnan & P. Venkatarama Reddi, JJ. Civil Appeal No. 1581 of 2001 19th March, 2002 Counsel Appeared R.P. Bhatt with Rajiv Tyagi & B.V. Balram Das, for the Appellant : Ms. Asha Gopalan Nair, for the Respondent …
Read More...

Karnataka H.C : The appellant filed his return on 26th March, 1997, declaring a total income of Rs. 2,59,030. His return was processed under s. 143(1)(a) on 27th Sept., 1997.

High Court Of Karnataka Mangilal S. Jain vs. CIT & Anr. Sections 140A, 1998FA(No. 2) 87(e), 1998FA(No. 2) 87(f), 1998FA(No. 2) 88, 1998FA(No. 2) 96 Asst. Year 1995-96 R.V. Raveendran & K.L. Manjunath, JJ. Writ Appeal No. 5877 of 1999 22nd February, 2002 Counsel Appeared M.V. Javali & Chetan Malgi, for the Appellant : E.R. Indrakumar, …
Read More...

Calcutta H.C : Whether, on the facts and circumstances of the case, the Tribunal is justified in law in holding that the assessee is an ‘industrial undertaking’ engaged in the business of production of coal ?

High Court Of Calcutta CIT vs. G.S. Atwal & Co. (GUA) Section 32A Asst. Year 1982-83, 1983-84 Ajoy Nath Ray & Maharaj Sinha, JJ. IT Ref. No. 55 of 1995 21st February, 2002 JUDGMENT BY THE COURT : Three questions have come up for answer by us. Those are as follows : “1. Whether, on the …
Read More...

Punjab & Haryana H.C : Whether, on the facts and circumstances of the case, in the absence of there being anything on record connecting the aforesaid items of expenditure wholly or in part with the specific activities mentioned in s. 35B(1)(b), the Tribunal was right in law in allowing weighted deduction on the aforesaid items of expenditure simply because they were connected with the assessee’s export business ?

High Court Of Punjab & Haryana CIT vs. Oswal Woollen Mills Ltd. Sections 35B, 37(1) Asst. Year 1976-77 Jawahar Lal Gupta & N.K. Sud, JJ. IT Ref. No. 74 of 1987 13th February, 2002 Counsel Appeared R.P. Sawhney with M.S. Guglani, for the Petitioner : Sanjay Bansal, for the Respondent JUDGMENT JAWAHAR LAL GUPTA, J. : …
Read More...

Punjab & Haryana H.C : Whether on the facts and circumstances of the case, on a proper interpretation of s. 35B the Tribunal was right in law in allowing weighted deduction of the following items of expenditures claimed by the assessee for the asst. yr. 1976-77

High Court Of Punjab & Haryana CIT vs. Oswal Woollen Mills Ltd. Sections 35B, 37(1) Asst. Year 1976-77 Jawahar Lal Gupta & N.K. Sud, JJ. IT Ref. No. 74 of 1987 13th February, 2002 Counsel Appeared R.P. Sawhney with M.S. Guglani, for the Petitioner : Sanjay Bansal, for the Respondent   JAWAHAR LAL GUPTA, J. : …
Read More...

Punjab & Haryana H.C : Whether on the facts and circumstances of the case, on a proper interpretation of s. 35B the Tribunal was right in law in allowing weighted deduction of the following items of expenditures claimed by the assessee for the asst. yr. 1976-77

High Court Of Punjab & Haryana CIT vs. Oswal Woollen Mills Ltd. Sections 35B, 37(1) Asst. Year 1976-77 Jawahar Lal Gupta & N.K. Sud, JJ. IT Ref. No. 74 of 1987 13th February, 2002 Counsel Appeared R.P. Sawhney with M.S. Guglani, for the Petitioner : Sanjay Bansal, for the Respondent JUDGMENT JAWAHAR LAL GUPTA, J. : …
Read More...

Calcutta H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in allowing a sum of Rs. 8,29,723 as revenue expenditure ? Whether, the Tribunal was justified in law in allowing the claim of Rs. 36.77 lacs under s. 32AB and Rs. 1,28,960 under s. 80HHC of the IT Act, 1961 ?

High Court Of Calcutta CIT vs. Berger Paints (India) Ltd. Sections 32AB, 37(1), 80HHC(4), 145, 145A Asst. Year 1988-89 Ajoy Nath Ray & Maharaj Sinha, JJ. IT Ref. No. 46 of 1993 13th February, 2002 Counsel Appeared Mr. Agarwalla, for the Revenue : Dr. Pal, for the Assessee JUDGMENT BY THE COURT : This is a …
Read More...
Malcare WordPress Security