399 ITR Archives - Page 3 of 4

Delhi H.C : Amendment to section 142(2A) specifying grounds on which Special Audit may be ordered is constitutionally valid

Avijit Das / August 23, 2017

High Court Of Delhi Sahara India Financial Corporation Ltd. vs. CIT, Delhi Section 142 Ravindra Bhat And Ms. Deepa Sharma, […]

Section 14A

Delhi H.C : Where no exempt income was earned in relevant assessment year, there could be no disallowance in terms of section 14A, read with rule 8D

Avijit Das / August 16, 2017

High Court Of Delhi Principal Commissioner of Income-tax-04 Vs. IL & FS Energy Development Company Ltd. Section 14A S. Muralidhar

Section 92C

Calcutta H.C : Where assessee raised jurisdictional issue that there was no international transaction before Assessing Officer, but he did not decide about said issue and referred matter to TPO, AO had acted in breach of principles of natural justice

Avijit Das / August 11, 2017

High Court Of Calcutta PCM Strescon Overseas Ventures Ltd. vs. DCIT, Central Circle 1(3), Kolkata Section 92C Debangsu Basak, J.

Section 80-IB

Jammu & Kashmir H.C : The Assessee was not involved in the activity of manufacture when the Assessee was converting raw 24 carat gold into 22 carat gold ornaments

Avijit Das / August 10, 2017

High Court Of Jammu And Kashmir Pr.CITÂ vs. Lakesh Handa Section 80-IB Badar Durrez Ahmed And Ali Mohammad Magrey, JJ. IT

Sec. 2(1A), Sec. 10(1)

Bombay H.C : the income derived by the appellant from the turn-key contract of plantation is not the agricultural income as defined under Section 2(1A)(b)(ii) and (iii)

Avijit Das / August 3, 2017

High Court Of Bombay Forest Development Corporation of Maharashtra Ltd.Vs. Additional Commissioner of Income-tax, Nagpur Section 2(1A),10(1) Assessment years 1998-99

sec. 10(20A)

Bombay H.C : The assessee is a development authority eligible for exemption u/s 10(20A) of the Income Tax Act

Avijit Das / August 3, 2017

High Court Of Bombay CIT-1, Nagpur vs. Vidarbha Irrigation Development Corporation Section : 10(20A) Assessment year 1998-99 S. Sanklecha And

Sec. 10(29), Sec. 41(2)

Delhi H.C : Income eligible for deduction under section 10(29) is to be computed taking gross receipts from warehousing and Inland Container Depot without deducting amount of depreciation

Avijit Das / August 1, 2017

High Court Of Delhi Pr.CIT-2, New Delhi Vs. Central Warehousing Corporation Section 10(29), 41(2) Assessment years 1989-90, 1993-94, 1997-98, 1999-2000

Section 9