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Deputy Commissioner of Income Tax Vs. Dipesh Chandak, Dipesh Chandak

Court : Income Tax Appellate Tribunal ITAT Patna

Subject : Direct Taxation

Reported in : (2007)110TT(JP.)at366

the said assessment years in the names of the following concerns during the relevant previous years as per information available from various sources wore taxed as income of the assessee on substantive basis: 4. Being aggrieved, the … of insurance carried on by a mutual insurance company or by a co-operative society, computed in accordance with Section 44 or any surplus taken to be such profits and gains by virtue of provisions contained in the First … would raise bogus bills of supply of feed on the Department without actually making them. In support of these supplies, the assessee would raise fictitious

Garrick D'Silva Vs. Joint Commissioner Of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2006)105TTJ(Delhi)445

stock option by the assessee in the previous year relevant to asst. yr. 1998-99. In response, the following information was furnished by the assessee in regard to grant, exercise and sale of stock options:S.No Date Grant/ Basis … shares, was liable to tax as income from 'capital gains'. This sub-Clause (iii)(a) was deleted by the Finance Act, 2000 w.e.f. 1st April, 2001 and a new proviso to sub-Clause (iii) of Clause 2 of Section 17 was … Chancery Division in the case of Abbott v.Philbin Inspector of Taxes (1962) 44 ITR 144 (HL) in support of his contentions that difference between the

Arjun Panditrao Khotkar Vs. Kailash Kushanrao Gorantyal

Court : Supreme Court of India

Subject : Election

electronic records.13. It is now necessary to set out the relevant provisions of the Evidence Act and the Information Technology Act, 2000. Section 3 of the Evidence Act defines “document” as follows: “Document.-- "Document" means any matter expressed or described upon … extremely narrow, namely 296 votes - the RC having secured 45,078 votes, whereas Shri Kailash Kishanrao Gorantyal secured 44,782 votes. ii. The entirety of the case before the High Court had revolved around four sets of nomination

Delhi High Court Legal Services Committee Vs. Uoi and anr.

Court : Delhi

Subject : MRTP

and protection of children; (l) declare “fit persons”; (m) declare a child legally free for adoption; (n) keep information about and take necessary follow-up action in respect of missing children in their jurisdiction; Crl Rev.No.443/2009 & Crl.M.A.No.3071/2010 … the matter was to be examined in the light of the Juvenile Justice (Care & Protection of Children) Act, 2000 (‗JJ Act, 2000‘ hereafter) and not by the Magistrate under Section 17A of the IT Act, 1956. It … juvenile police unit or a designated police officer; Crl Rev.No.443/2009 & Crl.M.A.No.3071/2010 44 (ii) any public servant; (iii) childline, a registered voluntary organisation or by

Assistant Commissioner of Income Vs. Fertilizer Traders [Alongwith

Court : Income Tax Appellate Tribunal ITAT Allahabad

Subject : Direct Taxation

Reported in : (2004)83TTJ(All.)473

entries of two sets and gave the copies of printsout. It is necessary to mention that as per information supplied by the counsel for the assessee, the position of the regular returns of both the assessees are … on facts in upholding the validity of the order dt. 4th Oct., 2000 that had been passed earlier by the Dy. CIT, Central Circle, Gorakhpur … by the lower authorities and substitute the same by its own discretion." 44. The Punjab High Court in the case of Bipan Lal Kuthiala v. … against different orders of the CIT(A)-I, Kanpur dt. 14th Aug., 2002 passed under Section 158BC/154 of the IT Act, 1961.3. In both the cases of the assessees, undisclosed income was computed and thereafter it was bifurcated in

Assistant Commissioner of Income Vs. Marina Hotel

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2008)112ITD159(Delhi)

to asst. yr. 2001-02, the assessee imported one more car on the basis of import licence dt.25th April, 2000, granted by the Foreign Trade Office. The justification for the import was that old Honda and Mercedez Benz … the Bench is whether the assessee is entitled to depreciation on car imported by the assessee under the first proviso to Section 32(1) of IT Act, 1961 ('the Act') which provides that no deduction by way of

Ellenbarrie Industrial Gases Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Subject : Direct Taxation

Reported in : (2002)83ITD111(Kol.)

the search was deferred for a collateral purpose. In the instant case, in the absence of any definite information about the actual state of affairs, we are not in a position to come to the conclusion which … the CIT(A) confirming mostly the additions made in the block assessment completed under Sections 143(3)/158BC(c) of the IT Act, 1961.2. The search and seizure operations took place in the premises of the assessee-company on 22nd Jan., 1997 … CIT(A) confirming mostly the additions made in the block assessment completed under Sections 143(3)/158BC(c) of the IT Act, 1961.2. The search and seizure operations took … Asstt. CIT (1999) 63 TTJ (Bang) 701 : (1998) 67 ITD (Bang) 446. and (4) Kirloskar Investments & Finance Ltd. v. Asstt. CIT (1998) 67

infosys Technologies Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2003)86ITD342(Bang.)

of interest under Section 201(1A) of the Act.3. Infosys Technologies Ltd. is a public limited company in the information technology industry. It has formulated an Employee Stock Option Plan (ESOP). A trust was set up by the Infosys … Act, 1999, was only by way of an abundant caution. The proviso introduced to Section 17(2)(c)(iii) by Finance Act, 2000, only removed what was already there in the IT Act.The learned Departmental Representative also stated that the employees … Lords in the case of Abbot v. Philbin (Inspector of Taxes) (1962) 44 ITR 144 (HL) is not in support of the stand urged by

Deputy Commissioner of Income Tax Vs. Borosil Glass Works Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2004)83TTJ(Mum.)361

ground raised in this appeal It relates to interpretation of the provisions of Section 115J(2) of the IT Act, 1961. The facts of the case in brief are as follows : 3. For the asst. yr. 1988-89, … Hon'ble Supreme Court in the case of Gurupad Khandappa Magdum v.Hirabai Khandappa Magdum and Ors. (1981) 129 ITR 440 (SC), interpretation which furthers the legislative intent ought to be accepted.6. The learned authorised representative for the assessee

Gorakhpur Petro Oils Ltd. Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Allahabad

Subject : Direct Taxation

Reported in : (2005)95TTJ(All.)489

itself should communicate the reason or contain the details of income escaping assessment, the omission to contain such information was held to be of procedural nature, which would not go to vitiate the proceeding. In the case … v. CIT (1991) 187 ITR 688 (SC), was admitted on 14th March, 2000, and it was only thereafter, that the appeal was heard with respect … has challenged the assessment for the block period completed under the provisions of Chapter XIV-B of the IT Act, 1961 (hereinafter called the Act).2.1. The assessee has listed as many as 11 grounds of appeal in the … making the following additions/disallowances while determining undisclosed income within the meaning of Section 158BB of the IT Act, 1961 : (a) Rs. 1,28,856 addition in … vide para 78.2 of the Order. (c) Rs. 44,000 addition in financial year 1994-95 for alleged income