Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
CGST - Acts + GST Rates GST Ntf. GST Forms GST - Manual GST - FAQ State GST Acts SGST Ntf. I. Tax Manual
Extracts
Home List
← Previous Next →

The Commissioner of Income Tax And Another Versus M/s. Radico Khaitan Ltd.,

Allowability of amount of interest and financial charges under Section 36(i)(iii) - Whether on the facts and in the circumstances of the case, the Tribunal was justified in holding that amount of interest and financial charges is allowable under Section 36(i)(iii) of the Act ? - Held that:- Question is covered by judgment of Commissioner of Income Tax, Moradabad and another Vs. M/s Radico Khaitan Ltd., Bareilly Road, Rampur [2015 (9)1479 - ALLAHABAD HIGH COURT] wherein it has been held that Depa .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Act, 1961 has arisen from the judgment and order dated 18.11.2015 passed by Income Tax Appellate Tribunal, Delhi Bench 'F', New Delhi (hereinafter referred to as the "Tribunal") in Income Tax Appeal No.2956/D/01, 2132/D/01 (Assessment Year 1996-97). 2. The appeal was admitted on following substantial questions of law: 1. Whether on the facts and in the circumstances of the case, the Tribunal was justified in holding that amount of interest and financial charges is allowable und .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Tribunal was right in holding that that the expenses and depreciation on guest house was allowable under the provisions of Section 37(4) were not attracted ? 4. Whether on the facts and in the circumstances of the case the Tribunal was right in law in holding that deduction under section 80-I was allowable on gross total income without reducing the deduction under Section 80-HH of the Act ? 3. Learned counsel for parties stated that question no. 1 is covered by judgment dated 24th September, 201 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

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

Go to Mobile Version