In favour of Revenue (Partly)

Sec. 2(22)(E), Sec. 37(1), Section 37

Calcutta H.C : Whether, on the facts and in the circumstances of the case and on a correct interpretation of s. 2 (22)(e) of the IT Act, 1961, the Tribunal is right in holding that the addition of Rs. 5,75,154 made in the assessment for the asst. yr. 1971-72 as deemed dividend is unsustainable and in that view deleting the same from the income of the assessee for that assessment year ?

/

High Court Of Calcutta CIT vs. Hemraj Mahabir Prosad (P.) Ltd. Sections 37(1), 2(22)(e) Asst. Year 1971-72 Suhas Chandra Sen […]

Section 29, Section 37, Section 44

Bombay H.C : Whether, on the facts and in the circumstances of the case, the sum of Rs. 3,27,022, being the amount paid during the intervaluation period ended March 31, 1967, towards compensation payable under s.36 of the LIC Act, 1956, to chief agents and special agents was not expenditure deductible under the provisions of ss. 30 to 43 of the IT Act, 1961 ?

/

High Court Of Bombay Life Insurance Corporation Of India vs. CIT Sections 29, 37, 44 S.P. Bharucha & T.D. Sugla,

Sec. 35B, Section 35, Section 40

Bombay H.C : Whether, on the facts and in the circumstances of the case, for the purposes of s. 40(c)(iii)/40 (a)(v), what is to be taken into account is the value of the benefit or amenity or perquisite in the hands of the employee on account of any expenditure incurred by the employer and not the entire expenditure incurred by the employer ?

/

High Court Of Bombay Bombay Burmah Trading Corporation Ltd. vs. CIT Sections 35B, 40(c)(iii), 40(a)(v) Asst. Year 1967-68, 1968-69, 1969-70,

Sec. 64(1)(ii), Section 64

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal erred in law in holding that the share of the assessee’s minor daughter from the firm in which he was a partner in his representative capacity as Karta of his HUF could not be included in his total income under s. 64(1) (ii) of the IT Act, 1961 ?

/

High Court Of Punjab & Haryana CIT vs. Harbhagwan Section 64(1)(ii) Gokal Chand Mital & S.S. Sodhi, JJ. IT Ref.

Scroll to Top
Malcare WordPress Security