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Smt. Mina Deogun Vs. Income Tax Officer

Court : Income Tax Appellate Tribunal ITAT Kolkata

Subject : Land Acquisition

Reported in : (2008)117TTJ(Kol.)121

in a residential let out property, situated at Panchsheel Park, New Delhi.7.1 The facts giving rise to the first two material issues are as follows : A residential house property at 47, Golf Links, New Delhi, was … not striking down the reference to the Valuation Officer made by the AO under Section 55A of the Act and was not justified in upholding the reference under Section 55A(2)(b) even though the said provision was not … 'Cost of acquisition' to the assessee was to be determined under Section 49(i)(ii) r/w Section 55(2)(b)(ii) of the Act. Indexed cost of acquisition should have

Christian Louboutin Sas vs.nakul Bajaj & Ors

Court : Delhi

Subject : MRTP

platform be termed as intermediary?.11. Does e-commerce website automatically come under the definition of intermediary?. As per the Information Technology Act, 2000 (hereinafter, ‘IT Act’) an `intermediary’ is defined as under: company which every runs an “Section 2(w) “intermediary”, with … to the actual content, which is being infringed.” Thereafter, another Division Bench of this Court in Department of 49. Electronics and Information Technology v. Star India Pvt. Ltd. [R.P. 131/2016 in FAO(OS) 57/2015 decision dated 29th July,

All India Children Care and Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Allahabad

Subject : Direct Taxation

can issue notice under Section 148 if he is satisfied that income has escaped assessment, even if the information relating to such escapement is all along on the record.15.A The learned standing counsel for the Department referred … "the AO") on 7th July, 1999.3. The AO issued notices under Section 143(2) and 142(1) of the IT Act dt. 18th Jan., 2000, along with a detailed enquiry letter for each year separately. In response to these … High Court in the case Rakesh Aggarwal v.Asstt. CIT (1997) 225 ITR 496 (Del). In this case, the Hon'ble Delhi High Court held that under

Wipro Limited Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2005)96TTJ(Bang.)211

Explanation to Section 80HHE of the IT Act, 1961 (43 of 1961), the CBDT hereby specifies the following information technology enabled products or services, as the case may be, for the purpose of said clauses, namely : includes … Systems Division, STPK/G175/97- 18-11-1997 1999-2000 1999-2000Chennai 111, Mount Road, 98/2761 Guindy, Chennai-600Pune Wipro Ltd., CTS, 685/2B STP/P/VIII(A) 10-3-2000 2000-01 2000-01Gurgaon Wipro Ltd., Flat No.201, PCMG/PSE/5 19-3-2000 2000-01 2000-01Mysore -- -- -- 2000-01 2000-01__________________________________________________________________________________________ was filed by the … back of credit 11,12,922 50,77,520 -- -- 11,12,922 50,77,520Reversal of sundry -- 49,37,397 -- -- -- 49,37,397Scrap sales of 62,797 9,42,643 -- -- 62,797 9,42,643Employees

Wipro Ltd. Vs. Dy. Cit

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2006)5SOT805(Bang.)

2,3 & 4, Plot Nos. 72 & 73, KEONICS Electronics City, Bangalore-561 229 ITPL, 5th & 6th Floors, Information Technology Park, Whitefield Road, Bangalore-560 066 Wipro Ltd., Flat No. 201, Block A STP Complex, Electronic City, Sector 18, … in the books of account in order to arrive at the profits exempt under section 10A of the Act." The Commissioner (Appeals) has granted full relief by deleting the addition by the assessing officer. We are unable … No. STP/P/VIII(A)/ 270/2000/2459, dated 19-9-2000.3. STPI, Bangalore-Letter No. STPIB/WIPRO Systems /Expan / 2000051901 / 2053 dated 20-52000.6. Letter dated 19-8-1998 of Under Secretary, Government of … paras 64 and 65. The first component of a sum of Rs. 49,32,097 was held to be in the course of trade and was allowed

Kisan Discretionary Family Trust Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2008)113TTJ(Ahd.)918

and your notice dt. 25th Nov., 2005 received by us on 29th Nov., 2005. over and above the information furnished so far, we furnish hereunder the following information as desired: Your goodself have referred to the brokerage … manufacturing as well as from dividend and interest, etc. till 28th March, 2000. On 28th March, 2000, the assessee sold away its running business as … CIT(A) has erred in confirming levy of interest under Sections 234A, 234B, 2340 and 234D of the IT Act. 7. Your appellant craves leave to add, alter, amend, omit all or any of the above grounds of … case, the learned CIT(A) has erred in confirming levy of interest under Sections 234A, 234B, 2340 and 234D of the IT Act. 7. Your appellant … been sold on which capital gain of Rs. 49,88,607 has been offered. The interest income offered in

Essar Steel Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2005)97TTJ(Ahd.)985

148 and in that context their Lordships of the Gujarat High Court held that there was no new information but only a change of opinion. The assessee had disclosed the material to the AO who was satisfied … under the Indian IT Act, 1922, the provisions of Sections 48 and 49 shall be subject to the following modification : "(1) where the full … capital goods from abroad. (iv) The gains from cancellation of forward exchange contracts was of revenue nature. The action of the AO in reducing the value of block of assets was erroneous and also prejudicial to the … certain items. The CIT, therefore, gave a notice to the assessee under Section 263 and set aside the assessment on various issues with certain directions.

N.K. Proteins Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2004)83TTJ(Ahd.)904

a result of search or requisition of books of account or other documents and such other materials or information as are available with the AO and relatable to such evidence, as reduced by the aggregate of the … course of search.14. The AO issued a show-cause notice dt. 4th Dec., 2000 to the assessee which has been reproduced on pp. 2 to 4 … Rasik K Patel aged about 28 residing at 49, First Floor, Abhishek Society, Meghaninagar, Ahmedabad and proprietor … 3 relating to an addition of Rs. 11.99 crores made in respect of alleged bogus purchases. The main activities of the group concerns are manufacture and trading of castor oil and micro refined cotton seed oil. M/s … that block assessment is void ab initio since the notice issued under Section 158BC does not mention the status of the assessee and does not

P. Govinda Satyanarayana Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Vizag

Subject : Land Acquisition

Reported in : (2005)98TTJVisakha908

the block period. The relevant portion of the statement is reproduced as under: "17 Q. As per the information available with us you have invested Rs. 6.12 lakhs as share capital and Rs. 31.5 lakhs as unsecured … Feb., 2000, which were presumed by the AO to have been recorded under Section 132(4) of the IT Act. Vide statement dt. 10th Feb., 2000, the assessee made a disclosure of Rs. 30.29 lakhs as unaccounted income … returned by the assessee and completed assessment on an income of Rs. 49,67,720 under Section 158BC of the IT Act.1. Undisclosed income introduced in the

Tirumala Devi Eada and Others Vs. the State of Andhra Pradesh, Law (La ...

Court : Andhra Pradesh

Subject : Education

in the A.P. State Gazette is immaterial. At the outset, we may refer to Section 8 of the Information Technology Act, 2000: “8. Publication of rule, regulation, etc., in Electronic Gazette:- Where any law provides that any rule, regulation, order, … rules to carry out the purposes of Chapter-III of the Act i.e., admission and enrolment of advocates. Similarly Section 49 empowers the Bar Council of India to make rules for discharging its functions under the Act, particularly with