Tag Archives: Allahabad High Court

Allahabad H.C : the assessment proceedings under Section 153-A of the Act have not yet been finalised

High Court Of Allahabad Rich Udyog Network Ltd. & Ors. vs. Director Of Income Tax....Read More

Allahabad H.C : Entitlement of the assessee for deduction 80P of the Act is not relevant for charging addition Tax u/s 143(1A)

High Court Of Allahabad Fatehpur Kshetriya Gramin Bank vs. Additional Commissioner Income Tax Section :....Read More

Allahabad H.C : A.Y. 2007-08 on account of Sundry Creditory relying on the credit balances shown in A.Y. 2008-09 which were not disputed by the department ignoring the law that the principle of res judicata is not applicable in Income Tax. Further, once the addition on account of unexplained credit added in A.Y. 2007-08 the same amount could not be added in A.Y. 2008-09

High Court Of Allahabad CIT vs. Vishal Transformers And Switchgears Pvt. Ltd. Section 260-A Asst.....Read More

Allahabad H.C : the ITAT is legally justified in allowing the claim of depreciation of Rs.59,48,096/- on Foreign Exchange Fluctuation without appreciating the provisions of Section 43A of the Act and the fact that the Foreign Exchange Fluctuation showed notional fluctuation and varied from year to year

High Court Of Allahabad CIT vs. Phonex Lamps India Ltd. Section 43A, 260-A Asst. Year....Read More

Allahabad H.C : Whether under the facts and circumstances of the case the Income Tax Appellate Tribunal has erred in believing that the Assessing Officer has taken a view in the light of surrounding circumstances which cannot be called to be erroneous and prejudicial to the interest of Revenue and Commissioner of Income Tax has exercised his jurisdiction under section 263 of Income Tax Act without having sufficient material with him

High Court Of Allahabad CIT & Ors. vs. The Upper India Couper Paper Mills Co.....Read More

Allahabad H.C : Whether the Income Tax Appellate Tribunal was justified in deleting the penalty under Section 271(1)

High Court Of Allahabad Pr.CIT vs. Prakash Chandra Sharma Section 54F, 260-A, 271(1)(c) Asst. Year....Read More

Kerala H.C : There is no “manufacture” in the production of Ready Mix Concrete when the RMC itself is an excisable commodity/goods on which credit is also available for inputs

High Court Of Kerala Cherian Varkey Construction Co. (P) Ltd. vs. Union Of India Section....Read More

Allahabad H.C : The amount of 1 crore was never shown in the profit and loss account, hence assessee is entitle to relief without examining the fact that the assessee had suppressed the sales intentionally by not revising the price per unit fixed in the year, 2011

High Court Of Allahabad CIT vs. Indo Widecom International Ltd. Section 260-A Asst. Year 2007-08....Read More

Allahabad H.C : The Hon’ble ITAT has not expressed any opinion or given any finding in respect of the written submissions filed before the Bench through the DR drawing attention to the amended provisions of section 2(15) and 13(8)

High Court Of Allahabad ACIT vs. Agra Development Authority Bharati Sapru & Saumitra Dayal Singh,....Read More

Allahabad H.C : Whether members of AOP have distinct identity vis-a-vis as its constituent firm as in the case of partners & firm u/s 184.

High Court Of Allahabad CIT & Ors. vs. Lal Mohar And Ors. Section 68 Asst.....Read More