Tag: In favour of Revenue

Allahabad H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was legally correct in quashing the order of the CIT(A) holding that the sale proceeds of scrap value are not taxable ?

High Court Of Allahabad CIT vs. Sir Shadi Lal Enterprises Section 256(2) Sudhir Narain & Bhagwan Din, JJ. IT Appln. No. 35 of 1998 11th January, 2001 Counsel Appeared Prakash Krishna, for the Applicant : Rajesh Kumar, for the Respondent JUDGMENT BY THE COURT : The Department has sought to refer the following two questions of …

Punjab & Haryana H.C : Since a common point involving interpretation of ss. 62 to 68 of the Finance Act, 1997, and s. 297 r/w ss. 147 to 150 of the IT Act, 1961 (hereinafter referred to as the 1961 Act) arises for adjudication in these petitions, we are deciding them by one order.

High Court Of Punjab & Haryana Smt. Vidya Devi vs. CIT Sections 297(2)(g), 1997FA 63, 1997FA 64, 1997FA S 68, 1997FA 69 G.S. Singhvi & Iqbal Singh, JJ. CWP No. 12395 of 1998 26th August, 1998 Counsel Appeared Sanjay Kaushal, for the Petitioner ORDER G.S. SINGHVI, J. : Since a common point involving interpretation of ss. …

Delhi H.C : Whether, on the facts and in the circumstances of the case, the interest of Rs. 73,449 paid by the assessee can be said to be the capital expenditure not deductible in the computation of the assessee’s business ?

High Court Of Delhi CIT vs. Sharpedge Ltd. Sections 37(1) Asst. Year 1971-72 Arijit Pasayat, C.J. & D.K. Jain, J. IT Ref. No. 161 of 1980 29th November, 2000 Counsel Appeared Ajay Jha, for the Petitioner : Sajan Narain, for the Respondent JUDGMENT ARIJIT PASAYAT, C.J. : Pursuant to the direction given by this Court, following …

Madras H.C : Whether the building in which eggs produced by the hens is a factory building in respect of which higher depreciation at double the normal rate should be allowed is the question referred to us by the Tribunal at the instance of the assessee. The assessment year is 1982-83.

High Court Of Madras Siddharth Agencies vs. CIT Sections 32(1), RULE Appendix I, Part I, Item I(2) Asst. year 1982-83 R. Jayasimha Babu & K. Gnanaprakasam, JJ. Tax Case No. 139 of 1988 16th November, 2000 Counsel Appeared P.P.S. Janarthana Raja for Subbaraya Aiyar, for the Assessee : Mrs. Chitra Venkataraman, for the Revenue JUDGMENT R. …

Calcutta H.C: Whether, on the facts and in the circumstances of the case, the finding of the Tribunal that there was no relationship of landlord and tenant between the assessee and the persons who hired office accommodation from the assessee is based on any relevant evidence or authority ?

High Court Of Calcutta CIT vs. Shambhu Investment (P) Ltd. Sections 22, 28(i) Y.R. Meena & Ashim Kumar Banerjee, JJ. IT Ref. No. 64 of 1993 16th March, 2001 Counsel Appeared Ram Chandra Prasad, for the Revenue : R.K. Murarka, for the Assessee JUDGMENT ASHIM KUMAR BANERJEE, J. : In compliance with the direction of this …

Orissa H.C : Whether on the facts and in the circumstances of the case, donation of Rs. 1,00,000 made by the assessee to the Chief Minister’s Relief Fund was allowable as a business expenditure under s. 37 of the IT Act, 1961 ?

High Court Of Orissa CIT vs. Industrial Development Corporation Of Orissa Ltd. Section 37(1) Asst. Year 1983-84 R.K. Patra & Ch. P.K. Misra, JJ. S.J.C. No. 102 of 1991 3rd August, 2000 Counsel Appeared A. Mohapatra, for the Petitioner : S.N. Ratho, M.K. Badu & S.S. Rath, for the Respondent JUDGMENT R.K. PATRA, J. : The …

Madras H.C : No part of the consideration for sate was received by the appellant and same was directly paid to the Bank by the purchaser in discharge of the mortgage amount and therefore no capital gains arises in the hands of the appellant

High Court Of Madras D. Zeenath vs. ITO Section 48 Asst. Year 1995-1996 Vineet Kothari & C. V. Karthikeyan, JJ. T.C.A No. 2582 of 2006 3rd April, 2019 Counsel appeared: Subhang Nair Assisted, Shobana Krishnan for the Appellant.: M. Swaminathan (Senior Standing Counsel) Assisted by V.Pushpa for the Respondent C. V. KARTHIKEYAN, J. The assessee has …

S.C : The Tribunal came to the conclusion that prior to the insertion of the expression “suo motu” with effect from 1 April 2008 in Section 142(2C), the assessing officer had no jurisdiction to extend time for the submission of the report of an auditor appointed under sub section (2A)

Supreme Court Of India CIT vs. Ram Kishan Dass Section 142(2A), 142(2C) Dr. Dhananjaya Y. Chandrachud & Hemant Gupta, JJ. Civil Appeal No 3211 of 2019 (Arising out of SLP (C) No 2810 of 2012) WITH Civil Appeal No(s). 3214, 3212, 3213, 3228 26th March, 2019 DR. DHANANJAYA Y CHANDRACHUD, J. Leave granted in the Special …

Madras H.C : Whether the Income Tax Law is a-political, a-religious in character, whether the character and attributes of the recipient of an income determines the taxability or the character of the receipt of income

High Court Of Madras Union Of India (Rep. By The Secretary Ministry Of Finance) And Ors. vs. The Society Of Mary Immaculate (Tamil Nadu)(Rep. By Its President) And Ors. Section 15, 192 & Section 4(3)(ia) of Income Tax Act, 1922 Dr. Vineet Kothari & C.V.Karthikeyan, JJ. Writ Appeal Nos.391 to 402, 569 to 583, 585 to …
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