Commissioner of Income-tax Vs. Prana Carriers (P) Ltd. and ors.

Decided On : Apr-16-1999

Court : Karnataka

LAW: the Income Tax Act, the Income Tax Act, the Companies Act, the Companies Act, Parts 11, the Companies Act, the Companies Act, the Companies Act, the Income Tax Act, the Companies Act, the Companies Act, the Companies Act, the Income Tax Act, the Companies Act, the Companies Act, the Companies Act, the Companies Act, the Companies Act, the Income Tax Act, the Companies Act, the Companies Act, the Companies Act, the Companies Act, the Companies Act, the Income Tax Act, the Income Tax Act, the Companies Act, Chapter 1V, the Motor Vehicles Act, the Taxation Act, the Motor Vehicles Act, the Taxation Act, Central Act 74 of 1956, the Companies Act, the Income Tax Act, the Companies Act, the Income Tax Act, the Income Tax Act, Parts 11, the Companies Act, the Income Tax Act, the Income Tax Act, the Companies Act, the Income Tax Act, the Companies Act, the State Act, the Central Act, the State Act, the Karnataka Act, the Karnataka Act, the Central Act, the Karnataka Act, the Central Act, the Karnataka Act, the Karnataka Act, the Calcutta Act, the Central Act, the Central Act, the Karnataka Act, the Companies Act, the Companies Act, the Income Tax Act, the Income Tax Act, the Companies Act, the Income Tax Act, the Indian Income Tax Act, the Indian Income Tax Act, the Income Tax Act, the Companies Act, the Income Tax Act, the Companies Act, the I T Act, the Companies Act, the Income Tax Act, the Companies Act, Act 1 of 1956, the Income Tax Act, the Companies Act, the Companies Act, the Income Tax Act, the Central Act, the Central Act, the Income Tax Act, the Central Act, the State Act, the Central Act, the Central Act, the State Act, the Central Act, the Central Act 68 of 1994, the Central Act, the Central Act, the Central Act, the Central Act, Act 68 of 1984, the General Clauses Act, Constitution, the Central Act, the Central Act, Income Tax Act

ORG: Tribunal, the Commissioner (Appeals, Explanation, Tribunal, Tribunal, the Calcutta High Court, Universal Cargo Carriers Inc., CIT, the Supreme Court, CIT, CTR, SC, Tribunal, Court, Tribunal, CBIDT, P&L, Sec, P&L, P&L, P&L, S. 8W ', P&L, P&L, the Companies (Amendment) Act, P&L, the Parts H and M of Schedule VI of, P&L, Parts H, P&L, Tribunal, P&L, Parts H, P&L, Sec, Sec, CIT, Srinivasa Sugar Factory, the Andhra Pradesh High Court, the Commissioner (Appeals, Tribunal, Tribunal, Appellate, High Courts, Tribunal, CIT, CIT, Nagapatinam Import & Export, CIT, High Courts, Supreme Court, Sec, Parts-II, M.R., Wood's Estate, CA, CA, The Supreme Court, Mahindra and Mahindra Ltd., Union of India, the Monopolies and Restrictive Trade Practices Act, Sec, the Central Government, Commission, the Supreme Court, CPC, the Supreme Court, CPC, the Monopolies and Restrictive Trade Practices Act, The Supreme Court, Bolani Ores Ltd., the Orissa Motor Vehicles Taxation, the Motor Vehicles Act, the Motor Vehicles Taxation Act, The Supreme Court, the Orissa Motor Vehicles Taxation, the Motor Vehicles Act, the Supreme Court, State, State, State, State, State, Sec, State, State, State, State, Wood's Estate In, Court, Andhra Pradesh High Court, V.V Trans-Investinents, CIT, CTR, AP, AP, Explanation, Kerala High Court, CIT, Apolo Tyres Ltd., CTR, Tribunal, P&L, the Supreme Court, Manyappa & Ors, State of, Kamataka & Ors, AlR, SC, the Supreme Court, the Central Land Acquisition Act, Sec, The Supreme Court, Central Land Acquisition Act, U.P. Act, Court, Kirshna Oil Extraction Ltd., CIT, Division, Madhya Pradesh High Court, Tribunal, Tribunal, the Andhra Pradesh High Court, V. V Trans-Investinents, P) Ltd., C1, the Andhra Pradesh High Court, The High Court, the Supreme Court, Income Tax Officer & Anr, SC, the Indian Income Tax Act, the High Court, the Supreme Court, the High Court, the Indian Income Tax Act, the Indian Income Tax Act, The Supreme Court, Income Tax Act, Sec, the Supreme Court, State, CIT v. Shakuntala & Ors, Explanation, the High Court, Thiru Manickam & Co., The State of Tamil Nadu, SC, the Supreme Court, the Supreme Court, State of Maharashtra & Anr, State, that.1n, Income Tax Act.41

DATE: years, years, 16th April, 1993, 1991, 1991, the assessment year 1988-89, the assessment year 1984-85, the lst day of April, 1988, the 1st day of April, 1991, previous year, previous year, 1956, previous year, previous year, 1956, 1 of 1956, previous year, the subsequent year or, years, the previous year, previous year, previous year, previous year, the previous year, any previous financial year or years, 1960, that year, the year, any previous financial year or, a previous financial year, that year or those years, previous year, 115J. 12, previous year, 1956, 1 of 1956, any previous financial year or, years, that year or those years, the previous years, a given assessment year, the s. 115J(1A, previous year, 1956, previous year, 1956, 1 of 1956, '16, previous year, the previous year, the previous financial year, that year, the previous year, a relevant year, the relevant year, year, 1st April, 1997, years, the assessment year, years, the following assessment years, years, the assessment year, 1983, the assessment year 1977-78, earlier year, the previous year, the preceding assessment year, the subsequent years, the earlier year, year, '21, eight assessment years, the assessment year, the subsequent year, the subsequent year, previous year, 1886, 1881, '30, 1969, 60 days, 1908, 1975]2SCR138, 1943, 1943, '33, 1956, '4, 1994, 1994, 1998, ' 1, 1956, 1961, 2nd April, 1987, the earlier years 7, 1956, 1998, 1334, 1894, 1972, 1972, 1972, 1894, 1961, 1972, 1911, 1965, 1894, 1984, 1894, 1972, 1956, 1961, 1962, the assessment year 1946-47, 1922, 1922, 1922, 1922, previous year, 1956, 58, 1971, 1972, 1972, 1972, s. 115J(1A

CARDINAL: 115J(1, 1987]165ITR209(Cal, 5, 94, 136, 189, 115J, 115J, 80VVA, at least thirty, zero, 650, 23, 12, About 28, 214, 115J, zero, 80VVA, zero, 115J, 115J, 115J., less than, 1, 1A, 1, 205, 1, 2, 32, 3, 1, 72, 73, 3, 3, 8, 115J, 1A, 111, 1A, 205(1, 2, 10, less than, less than, 115J, 115J, 12, 1A, 115J, 1, 205, two, 1, 1A, 1, 1956),XXXXX, 1, 205, 205(1, two, 32, 2, more than eight, 72, 3, more than eight, two, two, 1988]174ITR178(AP, one, 202, 75,010, 97,175, 1980]123ITR722(Mad, 1979]119ITR444(Mad, 1979]119ITR454(Mad, two, two, 32(2, 73(3, One, 22, 205(1, 1A, 115J, 205, 115J, 25, 115J, 205(1, 205(1, 115J, 6, 205(1, 31, 607, 440, 449, 1f, 8, 440, 49, one, 55, 55, one, 100, 100, 100, two, one, one, one, one, 1, 17, 2, 4, 3, 2, 34, 2, 4, 2, 2, 186, 31, 1952CriLJ1503, 35, 119, 184, 207, 1TR 508, 0Ed, 115J, 115J, 115J, 205(1, 115J, 115J, 205(1, 115J, 205(1, 115J, 205(1, 149, 1, 115J, 115J, 5, 11A, 1998]230ITR806(MP, 115J, 1, 205(1, 2, 115J, 1994]207ITR508(AP, 115J, 205(1, 115J, 44, eight, 2(2, one, 29, 29, 115J, 205(1, 115J, 115J, 205(1, as s. 115J, 115J, 205, 115J, 1, 205, 205, 2, 58(2, 58(2, 115J, 1961]43ITR352(SC, 115J(IA, 115J, 15(b, 15(b, 115J, 1995]2SCR242, 1 1A, 254, 6, 115J

PRODUCT: the 'Act'

FAC: Garden Silk Weaving Factory, Expln 11

GPE: Expln, IA, Expln, R.C., pp, Clarke, Orissa, Omkarlal, Nandlal, Expln, Addl, Expln, Expln, Expln

MONEY: thirty per cent, 30 per cent, 30 per cent, 30 per cent, 30 per cent, 30 per cent, 30 per cent, 30 per cent

EVENT: Parts II

ORDINAL: first, first, first, first, first, first, first, second, first, first, first, first, second, first, third, second, second, first, first, first, first, Secondly, Thirdly, first, first, first, first, first

PERSON: profits.11, iv).15, XXXXX XXXXX, Jeevan Reddy, Y. Bhaskar Rao, he'then, Bhaskar Rao, Jeevan Reddy, Bhaskar Rao, Esher, Brett, Esher M.R., V. Parulekar v., District Magistrate, Thana, Kar, Schedule XIV, Nos, E. Alfred, Sher Singh v. Union, s. 47(1-H, Singh Krishan, Justice K. Ramaswamy, Shankar Gaur v. State, Art, Schedule, Adhiniyam

TIME: the later Act, a subsequent Act amends, the earlier Act, the later Act, the latter Act, the later Act

WORK_OF_ART: Comp Cases, T'The Division Bench

LOC: Ch