New User / Register || Book Marks || Annual Subscription || Feed Back ||
Login: Stay
|| Forget Password ||
     
TMI - Tax Management India. Com  

Recent Discussionss:

S TAX DEDUCTION IS SALES TAX / VAT APPLICABLE FOR TRANSPORTERS. Clearance of goods to 100% EOU Unit in SEZ under ARE3 -Reg. Service tax applicability on Directors remuneration valuation of goods and ED on scrap Two companies in different states Import of Service i.e. Payment to architect of Dubai for construction of House in India Service Tax Payment on GTA Second hand equipment with EPCG Licence Necessity of RD 23 D

Income Tax Case Laws

 

Advanced Search options


Filter -


 
Showing 1 to 15 of 64963 Records

    2014 (4) TMI 636 - GUJARAT HIGH COURT

    Commissioner of Income Tax-I Versus Niraj Kumbhat

    Deletion of penalty u/s 271(1)(c) of the Act – Search u/s 132(4) of the Act - Undisclosed income – Held that:- Revenue contended that the assessee has not specified in its statement, the manner in which such income has been derived – the objection of ......

    2014 (4) TMI 635 - BOMBAY HIGH COURT

    Commissioner of Income Tax-4, Mumbai Versus ICICI Web Trade Ltd.

    Excessive and unreasonable expenditure - Treatment of income from operations – Brokerage income – Held that:- Certain customers have been introduced to the assessee through the ICICI Bank Ltd. and that is how there is increase in brokerage income - T ......

    2014 (4) TMI 634 - KERALA HIGH COURT

    The Commissioner of Income Tax Versus M/s. Koottummal Groups

    Applicability of section 40A(3) of the Act – Relationship of Agency present or not - Whether the Tribunal was justified in accepting the contention that there existed an agency between the assessee and M/s. Reliance Communication to justify its concl ......

    2014 (4) TMI 633 - GUJARAT HIGH COURT

    Commissioner of Income Tax –II Versus Leo Formulations Pvt. Ltd.

    Rejection of book results – Restriction of extra consumption of raw materials – To what extent the additions were necessary - Held that:- The AO as well as the appellate authorities held that the book results did not reflect the correct position - CI ......

    2014 (4) TMI 632 - MADRAS HIGH COURT

    M/s. Goldmine Investments Versus The Deputy Commissioner of Income Tax

    Application for seeking review – Error apparent on the face of record - Incorrect method of computation of profits adopted - Held that:- Though the assessee has not preferred any appeal as against the order dated 15.10.2004, the revenue has preferred ......

    2014 (4) TMI 631 - ITAT HYDERABAD

    The Deputy CIT Central Circle-4, Hyderabad Versus Sri Ramprasad Agarwal And Others

    Estimation of profit - Estimated unaccounted turnover of unaccounted receipts – Held that:- The CIT(A) worked out the turnover on the basis unaccounted electricity charges worked out at Rs. 13,98,08,035 and estimated the profit on it at 2.76% - Accor ......

    2014 (4) TMI 630 - ITAT HYDERABAD

    Dy. Commissioner of Income-tax Versus Sri Grosu Murali Krishna, Nellore.

    Addition made towards unexplained opening balance – Held that:- The decision in Smt. Surapu Indira Devi Vs. ACIT [2014 (3) TMI 679 - ITAT HYDERABAD] followed – The finding given by the CIT(A) is justified as there is no seized material to disturb the ......

    2014 (4) TMI 629 - ITAT MUMBAI

    Aker Powergas Systems Pvt. Ltd. Versus The DCIT-10(1), Mumbai

    Reasonableness of the sum offered - Addition of notional income on security deposit – Computation of house property u/s 23(1)(a) of the Act - Whether the rental income offered by the assessee @ Rs. 11 lakhs per month is reasonable or not – Whether th ......

    2014 (4) TMI 628 - ITAT MUMBAI

    The ACIT, Central Circle-20, Mumbai Versus M/s. Universal Medicare Pvt. Ltd., (Successor to Banner Pharmacaps India Pvt. Ltd,)

    Deletion of penalty u/s 271(1)(c) of the Act – Bonafide for claiming deductions proved - Held that:- A fraud/defalcation has been committed by one of the employees of the assessee which came to the notice of the assessee in 2005 - the return of incom ......

    2014 (4) TMI 627 - ITAT MUMBAI

    Hamid Indrapurwala Versus The Income Tax Officer, Mumbai

    Bar of limitation - Validity of the penalty order passed u/s 271B of the Act – Held that:- The penalty proceedings have been initiated on 06.10.2003 and also again on 09.02.2004 - But the penalty order has been passed only after 03.03.2006 – the pena ......

    2014 (4) TMI 626 - ITAT MUMBAI

    Intergold (India) Pvt. Ltd. Versus DCIT 8(2), Mumbai

    Nature of loss – Speculation Loss or not – Forward exchange contracts – Held that:- The decision in CIT vs. Badridas Gauridu (P) Ltd vs. CIT [2003 (1) TMI 61 - BOMBAY High Court] followed – In order to hedge against losses, the assessee had booked fo ......

    2014 (4) TMI 625 - ITAT MUMBAI

    The ACIT, Circle-9(3), Mumbai Versus M/s. Sun Transtamp Pvt. Ltd.

    Eligibility for deduction u/s 80IB(2) of the Act – Process amounts to manufacture or not u/s 80IB(2)(iii) of the Act – Held that:- The decision in ACIT Vs National Lamination Industries [2007 (6) TMI 230 - ITAT AHMEDABAD] followed – There cannot be t ......

    2014 (4) TMI 624 - ITAT MUMBAI

    M/s. Riddhi Siddhi Comm. Co. Ltd. Versus ITO-Wd. 3 (3) (1), Mumbai

    Validity of passing of effect order – Petition pending u/s 154 of the Act not decided – Held that:- The proceedings under section 154 of the Act have nothing to do with the action of the AO in giving effect to the order of the Tribunal - the appeal o ......

    2014 (4) TMI 623 - ITAT AHMEDABAD

    20 Microns Limited C/o NC Vaishnav & Co. Versus DCIT, Ci rcle-4, Baroda

    Disallowance of product development expenses – Capital or revenue expenses – Depreciation on product development expenses – Held that:- The expenses has been outsourced as assessee did not have any skill/specialized personal - As per Section 35AB, wh ......

    2014 (4) TMI 622 - ITAT DELHI

    Dy Commissioner of Income Tax Circle 14(1), New Delhi Versus Panasonic AVC Networks India Co Ltd

    Deletion of arms length price (ALP) adjustment – Margins used for adjustment - Whether the CIT(A) has erred in using the margins of the assessee after allowing for adjustment for capacity utilization – Held that:- CIT(A) rightly held that in case a ......

   
 
1.... ..
 
 

 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options




Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.