New User / Register | Bookmarks | Annual Subscription | Feedback |
Login: Stay
| Forget Password |
TMI - Tax Management India. Com  

Recent Discussionss:

REGISTERATION OF EXCISE, SERVICE TAX, SALES TAX Haryana VAT Proof of Export Excise registration PAN no not given 20% deducted and remit what given to FORM 16A/FORM16 regarding cvd credit taken Consingee: China, Buyer: India service tax credit eligible on commission on sales should duty paid on scrap material cleared (waste corrugated or pvc drum) Time limit for VAT Assessment - Andhra Pradesh
Home Case Index 2013 (11) TMI Income Tax Tri Income Tax + Tri
← Previous Next →

Please login.

Only paid members can access this page.

User Login
Stay sign in
New User / Registeration
Forget Password - Click here to Retrieve

Buy this Document - Rs. 500/- only - or - Subscribe Annual Package

Income-tax Officer, Ward - 2, Margas, Goa Versus Ms. Rania Faleiro - 2013 (11) TMI 518 - ITAT MUMBAI - Income Tax

......... subject. In this process, the courts must adhere to the words of the statute and the so called equitable construction of those words of the statute is not permissible. The task of the court is to construe the provisions of the taxing enactments according to the ordinary and natural meaning of the language used and then to apply that meaning to the facts of the case and in that process if the tax payer is brought within the net he is caught, otherwise he has to go free. 5. Even in the case of CIT v. Vegetable Products Ltd. 1973 88 ITR 192 the Hon ble Supreme Court has taken view that if there are two views possible, the view favourable to the subject should be taken. In view of the aforesaid discussion, we are of the view that no interference is called for in the order of CIT(A) and CIT(A) has rightly deleted the addition made by the Assessing Officer. We, accordingly, dismiss the appeal filed by the Revenue. 6. In the result, the appeal filed by the Revenue stands dismissed.


what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options

Quick Links: | Acts and Rules | Notifications | Circulars | Schedules | Tariff | Forms | Case Laws | Manuals |
| Home | About us | Contact us | Feed Back | Disclaimer | Terms of Use | Privacy Policy | Members | |
Go to Mobile Website Go To Top
© [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.