Tax Management India .com TMI - Tax Management India. Com   
 
 

Income Tax Case Laws

 

Filter -


 
Showing 1 to 15 of 70293 Records

    2015 (3) TMI 876 - ITAT CHENNAI

    The Dy. Commissioner of Income-tax Company Circle II(2) Chennai Versus M/s Hofincons Infotech and Industrial Services Pvt. Ltd

    Disallowance u/s 40(a)(i) - CIT(A) deleted disallowance - reopening of assessment - assessee had not deducted TDS u/s 195 as paid a sum as service charges rendered in Qatar for its Nigerian projects - Held that:- The CIT(A) has held that the payment ......

    2015 (3) TMI 854 - SUPREME COURT

    Commissioner of Income Tax, Gauhati & Others Versus M/s. Sati Oil Udyog Ltd. & Another

    Validity of the retrospective amendment to Section 143(1A) - whether the retrospective effect given to the amendment would be arbitrary and unreasonable inasmuch as the provision, being a penal provision, would operate harshly on assessees who have m ......

    2015 (3) TMI 853 - SUPREME COURT

    Taparia Tools Limited Versus Joint Commissioner Of Income Tax

    Interest upfront to the debenture holder - AO treated it as the 'deferred revenue expenditure',whether is allowable as a deduction in the first year itself or it is to be spread over a period of five years, being the life of the debentures? - ......

    2015 (3) TMI 852 - DELHI HIGH COURT

    Commissioner of Income Tax Versus M/s. Abhinandan Investment Ltd., Medicare Investments Ltd., Jindal Equipments Leasing & Cons. Serv.

    Deduction of the losses - Tribunal directing AO to allow deduction of the losses at ₹ 111/- per NCD as a business loss - JISCO made certain arrangements with UTI in July 1994 according to which the allottees of NCDs could surrender all the NCDs ......

    2015 (3) TMI 851 - GUJARAT HIGH COURT

    Commissioner of Income Tax-I Versus Jolly Fantasy World Ltd.

    Proceedings initiated u/s 158BC - Tribunal accepting the additional grounds of the assessee which were raised after a lapse of 5 years of filing of second round of appeal and 14 years after the search to hold proceedings initiated u/s 158BC against a ......

    2015 (3) TMI 850 - KARNATAKA HIGH COURT

    Commissioner of Income-tax, Bangalore Versus Infosys Technologies Ltd.

    Amount paid to M/s AT & T and MCI Telecommunication towards down linking charge - whether an allowable deduction even when no TDS under Section 195 of the Act has been made and provisions of Section 40(a)(i) of the Income Tax Act has not been complie ......

    2015 (3) TMI 849 - CALCUTTA

    M/s Binani Cement Ltd. Versus Commissioner of Income Tax

    Expenditure incurred for preparation of the feasibility study report and capital-work-in-progress disallowed - disallowing the expenditure by ITAT in the earlier years, but written off during the previous year corresponding to the assessment year 200 ......

    2015 (3) TMI 848 - MADRAS HIGH COURT

    Autolec Industries Ltd. (Now Sundaram Fasteners Ltd.) Versus The Joint Commissioner of Income Tax

    Expenditure on replacement of plant and machinery - Capital v/s revenue expenditure - Tribunal allowing depreciation at 100% on the specified items - Held that:- Depreciation claim on energy saving/Air/Water pollution control equipments was not made ......

    2015 (3) TMI 847 - DELHI HIGH COURT

    CIT-I Versus M/s. Malibu Estate P. Ltd.

    Income recognition - accountancy practices of the assessee for the relevant year - AO recomputed the income by treating advances against properties which had NIL outstanding balances, as sales and consequently the income of the assessee as felt that ......

    2015 (3) TMI 846 - MADRAS HIGH COURT

    The Commissioner of Income Tax Versus M/s. Atlas Export Enterprise,

    Entitlement to additional depreciation as per Section 32(1)(iia) - generation of electricity by wind mill amounts - ITAT allowed depreciation - Held that:- In the present case, the core business of the assessee is manufacturing and export of textile ......

    2015 (3) TMI 845 - DELHI HIGH COURT

    Commissioner of Income Tax, Delhi-2 Versus Crock Buildwel Pvt Ltd

    Unexplained investments - ITAT deleted the addition u/s 69 - Held that:- The CIT(A) appears to have taken into account the remand report. The assessee, in turn, appears to have relied upon letters written by the associate companies, each one of which ......

    2015 (3) TMI 844 - BOMBAY HIGH COURT

    Commissioner of Income Tax, Central-I Versus M/s. JR. Diamonds Pvt Ltd.

    Interest free loans advance to sister concern - whether were for business purpose or commercial expediency was not proved by the assessee - Held that:- In the present facts, we find that the CIT(A) has in the impugned order rendered a finding of fact ......

    2015 (3) TMI 843 - RAJASTHAN HIGH COURT

    Commissioner of Income Tax-I Versus Jewels Emporium

    Deduction u/s 80HHC on counter sales - whether ITAT as well as the CIT(A) was justified in allowing the deduction u/s 80 HHC when there is no finding to the effect that the goods were cleared at any of the custom station? - Held that:- Apex Court in ......

    2015 (3) TMI 842 - RAJASTHAN HIGH COURT

    Commissioner of Income Tax, Jaipur-II Versus M/s Mangalam Arts Govind Nagar, Jaipur

    Deduction u/s 80HHC on counter sales - whether ITAT as well as the CIT(A) was justified in allowing the deduction u/s 80 HHC when there is no finding to the effect that the goods were cleared at any of the custom station? - Held that:- Apex Court in ......

    2015 (3) TMI 841 - BOMBAY HIGH COURT

    Commissioner of Income Tax-25 Versus M/s. Synthetic Hydrocarbons

    Unaccounted cash - sale of shops - Held that:- the findings of fact recorded by the Commissioner and the Tribunal do not raise any substantial question of law. If the actual area purchased by the Assessee is 454.50 square feet and the Assessing Offic ......

   
 
1....
 
 

 

what is new what is new




© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.