international Computers India Vs. Deputy Commissioner of

Decided On : Feb-18-1997

Court : Income Tax Appellate Tribunal ITAT Mumbai

LAW: section 80J, section 37(3A, section 37(3A, section 37(3A, section 10(13A, section 10(13A, section 10(13A, Section 17(3, section 10, Section 10, section 40A(5, section 37(3A, section 43, section 32(1)(iia, the Finance Act, section 33, section 33, section 33, section 32A, section 32A(2B, section 33, section 33, section 2, section 32A(5, section 28, section 28, section 56, section 33, section 33, section 33(1, section 33(1, Shri Mahabir Cold Storage, the Indian Partnership Act, section 10(2)(vib, section 34(3)(b, section 33, section 33(1)(a, section 33(1)(a, section 34(3)(6, section 33(1)(a, section 33, section 32AB, Schedule 11, Schedule 11, section 37(3A, section 37(3A

CARDINAL: 1, twenty-four, 2, 3, 4, 11, 14, 15, 16, 17, 19, 21, 24, 1, 15,400, 195, 682, 30, 31, 1, 177, 44, 53, 60, 37(3A, 30, 31, twenty-five, seventy-five, 6, 4, 220, 17(1, 17(3, 219, 644/85, 381, 1977, 109, 527, 93, one-third, 1, 3, 1, 1, 10, 10A, 11, four hundred, 400, one-third, 10, 7, one-third, 7, 12, 5, 25,25,997, 20, 49, 3,40,000, 23, 2,56,416, three, 13.2, 12, 3, 11, 2, 13, 216, 536, 199, 409/67, 213, 188, 219, 478, two, one, two, 211, 370.14.2, two, two, 1, 2, twenty-five, 2, 1, 2A, ten, twenty, thirty-five, 3, 1, 4, 1, seventy-five, 3, 1, 5, 4, 1, 14.3, 2, 2, 1, 31-3-1976, 31-3-1976, 9, three, three, 1, 2, 3, 1, 2, 2, 2, two, two, 2, 2, 5, 5, 786, 2, 3, 1, 2, 2)(a, 1, only one, 102, one, 33, 71, 707, 196, 471, 196, one, 66, 576, 50, 570, 1951, 20, 451, two, 415, 416, 5)(a, 5, 47, 491, 492, one, 14.9, 1, 8,80,000, 2, 12, 10 to 15, 15, 40,000, at least two, 96, two, 5,80,055, one, 689, 100, three, two, two, 1,00,093.A, 85,222, 85,222, one, one, 166, 416, 5)(a, one, 14.18, two, three, 11, 22, 11, 22, two, 22, 130, 22, 2904/101, 3, 4, 30, 32, 5, 2,01,971, 17,101, 189, 660, 30, 32, 37(1, 37(3, 37(4, 211, 212, 175, one, two, two, two, 88, 192

ORG: CIT, Assessing, Otis Elevator Co., CIT, Otis Elevator Co., India) Ltd.'s, Rule 6D, Rule 6D, CIT, Chase Bright Steel Ltd., Reliance, Tribunal, R.K. Swamy Advertising Associates, IAC, CIT v. Addison &amp, Co. Ltd., Tribunal, Chase Bright Steels Ltd.'s, Tribunal, Rule 6D of the Rules, Tribunal, ITO, the Andhra Pradesh High Court, CIT, Coramandel Fertilizers Ltd., ITR, the Mumbai Benches, High Court, Crawford Bailey &amp, Co., A.F. Ferguson &amp, Co., Crawford Bailey &amp, A.F. Fergusan, Maker Tower Flat, Tribunal, the Supreme Court, CIT, Mafatlal Gangabhai &amp, ITR, the Supreme Court, the Supreme Court, CIT, Dhamodayam Co., Rajeswar Prasad Misra, the Gujarat High Court, CIT, Tribunal, upheld.8, the Supreme Court, Mafatlal Gangabhai &amp, Co., CIT, Tribunal, Tribunal, Tribunal, ITO v. Food Specialities Ltd., ITD 21, Rohtas Industries Ltd., Customer Service Centres, the Customer Service Centres.13.1, the Tribunal in First Leasing Co. of, India Ltd., ITO, Data Processing Equipment and Computers, Data Processing Equipment, Schedule 11, Central Processing Units, Finance, Data Processing Equipment and Computers, Indian Drugs &, Pharmaceuticals Ltd., Punjab National Bank, Rail India Technical &, Economic Services Ltd., BHEL, Binny Ltd., Syndicate Bank, W.S. Insulators, Tribunal, ITO, First Leasing Co., India Ltd., ITD 234, CIT, CIT, the Division Bench, the Tribunal in First Leasing Co., First Leasing Co., the Madras High Court, the High Court, CIT, First Leasing Co., ITR, Karnataka High Court, CIT, ITR, Tribunal, The Supreme Court, CIT, ITR, CIT, Narang Diary Products, ITR, the Tribunal in Dy, CIT, Sonia International, the Supreme Court, Tribunal, Mazda Industries &, Leasing Ltd., CIT, the Supreme Court, the Delhi High Court, CIT, Northern India Iron &amp, Steel Co. Ltd., the Supreme Court, Supreme Court, First Leasing Co., the Eleventh Schedule, the Eleventh Schedule, the 'Investment Allowance Reserve Account', the Eleventh Schedule.14.5 The Division Bench, the Tribunal in First Leasing Co. of, India Ltd.'s, Government, First Leasing Co., India Ltd.'s, First Leasing Co., India Ltd.'s, the Appellate Tribunal, the Appellate Tribunal, Tribunal, the Appellate Tribunal, Legislature, the Eleventh Schedule, Parliament, Parliament, section 32A., the Budget Speech, Vide, ITR, Shaan Finance, P.) Ltd.'s, Court, CIT, Pandyan Bank Ltd., the Supreme Court, CIT, Co. Ltd., ITR, Bajaj Tempo Ltd., CIT, ITR, Bajaj Tempo Ltd.'s, CIT, CEPT, Shri Lakshmi Silk Mills Ltd., the Eleventh Schedule, Shaan Finance, P.) Ltd.'s, Legislature, Shaan Finance, P.) Ltd.'s, Tribunal, Tribunal, Sundaram Finance Limited, the Delhi High Court, Northern India Iron &amp, Steel Co. Ltd.'s, Court, Tribunal, Tribunal, the High Court, Messrs Haryana State Financial Corporation, Messrs Northern India Finance Co., inter alia, Messrs Northern India Finance Company, Beas Purchase Organisation, Beas Project Works, the Beas Project Authorities, Messrs Northern India Finance Co., P.) Ltd., Appellate, The Appellate Tribunal, The Appellate Tribunal, Beas Project, the Appellate Tribunal, the Supreme Court, Court, the Delhi High Court, Madras High Court, the Karnataka High Court, Shaan Finance, P.) Ltd.'s, Delhi High Court, the Court "Take, the Supreme Court, Court, Tribunal, Tribunal, Prayagchand Periwal, Hanumanmal Periwal, Messrs Periwal and Co. P. Ltd., Prayagchand, Hanumanmal Periwal, Calcutta, Periwal and Co. P. Ltd., Periwal and Co. P.Ltd, Messrs Mahabir Cold Storage, Messrs Prayagchand Hanumanmal, Shri Mahabir Cold Storage, Appellate, Tribunal, ITR, Messrs Prayagchand Hanumanmal, Messrs Mahabir Cold Storage, Messrs Prayagchand Hanumanmal, Calcutta, Messrs Prayagchand Hanumanmal, Periwal and Co., P.) Ltd., Periwal and Co., P.) Ltd., Prayagchand Hanumanmal, Periwal and Co., the Supreme Court, Lordships, the Apex Court, the Delhi High Court, the Supreme Court, the Supreme Court, The Supreme Court, Narang Dairy Products', Tribunal, ITO, ITO, ITO, AAC, Tribunal, ITO, Tribunal, ITO, ITO, Blue Bay Fisheries, CIT, ITR, the Allahabad High Court, Tribunal, Shaan Finance, P.) Ltd.'s, the Supreme Court, The Supreme Court, Tribunal, Mazda Leasing's, the Supreme Court, Data Processing Equipment, Computers, the Madras High Court, Data Processing Equipment and Computers, Schedule, Data Processing Equipment and Computers, Data Processing Equipment and Computers, Processing Equipment, the Data Processing Equipment, CIT, I.B.M. World Trade Corpn, ITR 739/8, Data Processing Equipment, Data Processing Equipment, Data Processing Equipment and Computers, Plant and Machinery, Assessing, the Tribunal for the assessment, CIT(A).16, Chase Bright Steel Ltd.'s, CIT(A).18, Chase Bright Steel Ltd.'s, Mfg. Co. Ltd., CIT, ITR, CIT, Ocean Carriers (P.) Ltd., Raja Bahadur Motilal Poona Mills Ltd., CIT, Chase Bright Steel Ltd.'s, Mfg. Co. Ltd.'s, Ocean Carriers (P.) Ltd.'s, Raja Bahadur Motilal Puna Mills Ltd.'s, Division, another High Court, the Supreme Court, CIT, Chase Bright Steel Ltd.'s, Mfg. Co.Ltd.'s

DATE: 1961, the Assessment year, the same assessment year, the same assessment year, 1992, 1962, 1989, 1993, 1995, an earlier assessment year, the year, 1983, a year, 1996, a year, the earlier years, 1996, 1965, 1971, 1974, section 17(3, a previous year, 1976-77, the year, the year, the year, the earlier years, 1994, the year, 5,58,480, the earlier years, the previous year, 1982, the earlier years, the assessment, year 1983-84, 1977, the earlier years, 1987, 1987, 1985, year 1981-82, the later years, year 1983-84, 1987, 1995, 1993, 1991, 1996, 1875, 1990, year 1988-89, 1995, the previous year, previous year, that previous year, the 31st day of March, 1976, the 31st day of March, 1976, the last day, the previous year, the previous year, the 1st day of August, 1980, the previous year, the 31st day of July, 1980, the 18th day of March,, 1985, the previous year, the 17th day of March,, 1985, any previous year, earlier previous year, a previous year, earlier than the year, ten years, the previous year, the expiry of eight years, the end of the previous year, ten years, the previous year, 1986, the year 1976-77, 1976, 1969, 1992, 149/62, 1992, 188/62, 1967, the expiry of eight years, the end of the previous year, the previous year, eight-year, the previous year, 1983, 1986, May 8, 1985, 1961, the assessment year 1971-72, the assessment year 1971-72, 1961, 1971-72, every year, March 31, December 28, 1968, May 31, 1970, one year, June 1, 1970, March 30, 1970, June 1, 1970 :, one year, from 1st day of June 1970 to 30th day of September, 1970, 1,20,000 per month, October 1, 1970, today, June 1, 1970, year, year, December 31, October 6, 1975, August 31, 1976, October 29, 1975, eight months, January 1, 1976 to August 31., 1976, 1973, October 1973, 1973, 1971-72, 19,92,365, the previous year, 1961, the previous year, the previous year, the previous accounting year, the previous accounting year, the previous accounting year, the previous accounting year, the previous accounting year, 1961, November 10, 1958, May 3, 1956, the assessment year 1960-61, the assessment year 1959, year 1962-63, the assessment year 1959-60, year 1962-63.Acquisition, 1932, year 1960-61, year/years, year, years, eight years, the eight assessment years, the expiry of eight years, 27th August 1969, the assessment year 1965-66, 29th June, 1968, 27th August, 1969, three years, 30th March, 1970, the assessment year 1970-71, the year 1965-66, 27th August, 1969, three years, 30th March, 1970, the expiry of eight years, the end of the previous year, 27th August, 1969, a period of, eight years, the end of the previous year, the expiry of eight years, the end of the previous year, 30th March, 1970, 1987, the expiry of eight years, the end of the previous year, the previous year, the expiry of eight years, the end of the previous year, 1987, 1981, 98, 1980-81, 31, 1991, 31, 1995, 42, 1995, 1973

GPE: upon.3, India, S.V. Ghatalia v., Assessing, India, India, India, Faridabad, Purnea, Purnea, Purnea, Purnea, Purnea, Century

MONEY: 583, 256(1, as section 32(1)(vi, 9 1/2 per cent, ten per cent, 50 per cent, 25 per cent, 50 per cent, 25 per cent, 50 per cent, 256(1

PERSON: H.H. Maharajidhiraja, Madhav Rao Jivaji Rao Scindia Bahadur v. Union, Chunilal Khushaldas, Schedule, Taxman 480, Ajodhya Prasad, Karnataka, Karnataka, bailee, Railways, Prayagchand Hanumanmal, Gauri Shankar, Coch, Karnataka, Schedule, Schedule, Schedule 11, Collective, Century Spg, Century Spg

EVENT: SC 530

PRODUCT: 369, ITD 808, 1/31 Taxman, 357/80

WORK_OF_ART: Salary, The Assessing Officer, Shaan Finance, Tax Case No, Tax Case Nos, The Assessing Officer

PERCENT: 20%, the remaining, 80%, 10%, 80%, 10%

ORDINAL: third, first, first, second, second, third, second, second, third, First, first, second, second, First, first

NORP: Computers, Hanumanmal, Indian, Hanumanmal

FAC: the Lok Sabha, Mahabir Cold Storage, Mahabir Cold Storage's, Mahabir Cold Storage's, Mahabir Cold Storage's, Mahabir Cold Storage's, Mahabir Cold Storage's

TIME: 11 to the Act, 11 to the Act, 11 to the Act