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service tax payament-reg    *    Travelling expenses incurred outside India by on duty employee whether taxable?    *    CENVAT CREDIT ON CERTIFIED COPY OF BILL OF MISC. CHARGES ON FINALIZATION OF BOE    *    Opinion for availment of Cenvat Credit on invoices provided by CHA against service received for Export and Import.    *    should i buy machinery after gst or before gst which will be benefit for me    *    Captive consuption to be shown in ER-1 Return filed through ACES system -reg    *    Rebate claim issue    *    DTA supplied goods at SEZ - Order receive in US $    *    Government to issue Fifth Tranche of Sovereign Gold Bonds: Applications for the Bonds will be accepted from 1st September to 9th September, 2016 and Bonds will be issued on 23rd September,2016    *    RBI Reference Rate for US $    *    Export of Red Sanders wood by Government of Andhra Pradesh & Directorate of Revenue Intelligence (DRI) - Revision of quantity allocation to Govt. of Andhra Pradesh and extension of time for export by Govt. of Andhra Pradesh and DRI    *    Taxability of collection of development fee from the passengers – operational, management and development of airport - it cannot be said that the amount so collected is by way of service charge. - not taxable - Tri    *    Cenvat credit - Since lubricants are not falling under the negative list of goods mentioned in the definition clause, credit cannot be denied to the appellant - Tri    *    Expenditure on Cost Guard day function & seminar - whether allowable expenditure u/s. 37(i) - Held Yes - The expenditure has been incurred towards discharge of corporate social responsibility - Tri    *    TDS u/s 194C - non tds on Vehicle / dumper Hire Charges - No contract, either verbal or written, is entered into with the owners / drivers in these cases of purely temporary transporting arrangements - No disallowance - Tri    *    Industrial gala sold - taxation as STCG or LTCG - The entire payment as per the agreement was in fact made before financial year 1998-99. Occupation certificate was also issued on 10.03.1998 - the keys were taken back by the assessee on 01.01.2005 - sale of the property in the year 2005 has to be treated as sale of long-term capital assets and gain has to be assessed as long-term-capital-gain - Tri    *    Transfer pricing adjustment - the TPO was required to give reasons for discarding the CUP method qua each of the transactions as all the 12 international transactions entered into by the appellant were distinct. - HC    *    Reopening of assessment - at the time of issuing notice, it is not incumbent upon the AO to prove conclusively that there is escapement of income - Tri    *    Doctrine of substantial compliance    *    Auction for Sale (Re-issue) of '7.35 per cent Government Stock, 2024’, Auction for Sale (Re-issue) of ‘New 10 year Government Stock, 2026’, Auction for Sale (Re-issue) ‘7.73 per cent Government Stock, 2034’ and Auction for Sale (Issue) of ‘8.13 per cent Government Stock, 2045’

Income Tax Case Laws - Section: 43

Home Case Index Income Tax Sections List
Cases for Section: 43
Showing 1 to 15 of 886 Records
 
  • 2016 (8) TMI 75 - ITAT MUMBAI

    Treatment to business losses - speculation loss - transaction in F&O but the same was set off against the normal business - Held that - Losses incurred prior to issue of notification on 25th January, 2006 but during the relevant previous year 2005-06... ... ...


  • 2016 (7) TMI 561 - ITAT AHMEDABAD

    Disallowance of speculation loss u/s.43(5) - hedging transactions or speculative transactions - Held that - We find that the ld.CIT(A) while deciding the issue has noted that the assessee had done transactions through HDFC Bank and Karvy Stock Brokin... ... ...


  • 2016 (6) TMI 593 - ITAT AHMEDABAD

    Disallowance on account of depreciation claimed applying the provisions of explanation-3 below Section 43(1) - Held that - Explanation 3 to Section 43(1) can be invoked in the given facts of the case. It prescribes that Assessing Officer must record ... ... ...


  • 2016 (6) TMI 556 - ITAT AHMEDABAD

    Allowance of loss arising on cancellation of contract due to price fluctuation where no actual delivery of cotton commodity - treating a loss to be speculative in nature u/s. 43(5) - Held that - There is no dispute that this assessee is already in co... ... ...


  • 2016 (6) TMI 958 - GUJARAT HIGH COURT

    Slump sale of an undertaking - whether corresponding WDV is required to be reduced from the remaining block and depreciation on such reduced block can only be allowed as held by ITAT? - Held that - It is to be noted that Section 43(6) which provides ... ... ...


  • 2016 (6) TMI 560 - GUJARAT HIGH COURT

    Subsidy receipt - merely because the subsidy is transferred to the capital account of the partners, the cost of assets could be reduced by the said amount while working out the depreciation allowance? - Held that - Subsidy which was received against ... ... ...


  • 2016 (6) TMI 487 - ITAT KOLKATA

    Addition under the head loss on derivatives - Held that - The right of the parties to enter into transactions according to their free will and choice has always been protected, the only rider being that both the professed intention and the real inten... ... ...


  • 2016 (6) TMI 171 - ITAT MUMBAI

    Nature of major Repair and Renovation expenditure on land without approval from local authorities - capital cost of improvement as contemplated by section 43(6)(c)(i)(A) - construction / renovation activity done by the same person who purchased the s... ... ...


  • 2016 (4) TMI 1137 - ITAT PANAJI

    Allowability of deduction under sec. 80-IB(4) on sales-tax incentive - Held that - Similar issue had come up before this Tribunal in the case of ACIT Vs. M/s. Coral Clinical Systems 2015 (10) TMI 2182 - ITAT PANAJI wherein held there is an inextricab... ... ...


  • 2016 (5) TMI 925 - ITAT CHANDIGARH

    Addition on account of alleged delayed payment of PF - Held that - We do not hesitate to hold that the employees contribution to the EPF deposited by the assessee before the due date of filing the return, is an allowable expenses. Since, in the prese... ... ...


  • 2016 (5) TMI 931 - ITAT BANGALORE

    Revision u/s 263 - conclusion drawn by the CIT that the depreciation on enhanced cost was allowed by the Income Tax Officer without application of mind - Held that - There is no dispute that the assets in question were used by the seller viz., M/s.So... ... ...


  • 2016 (5) TMI 430 - ITAT KOLKATA

    Losses in speculation business - adjustment with profit from non speculative business - Held that - We are in agreement with the argument of Ld. counsel for the assessee that the income from derivatives is defined in section 43(5) of the Act and sinc... ... ...


  • 2016 (5) TMI 404 - ITAT KOLKATA

    Reopening of assessment - income from speculation - Held that - Learned AO had duly applied his mind on the impugned issue on the taxability of share trading profits as income from speculation . To this extent, the reasoning given by the Learned CIT(... ... ...


  • 2016 (5) TMI 251 - ITAT CHENNAI

    Treatment of income from trial run receipts - revenue receipt OR capital receipt - Held that - The source need not be continuously productive and it is sufficient if the income is flowing from some exercise or operation by the appellant and in ordina... ... ...


  • 2016 (4) TMI 428 - ITAT CHENNAI

    Business loss - treated as speculation loss in stead of loss in foreign currency transactions - Held that - In the present case, it is admitted that the transaction carried out by the assessee does not fall in any exceptions provided above and it is ... ... ...


 
   
 
 
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