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Ece Industries Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2007)111TTJ(Delhi)11

Whereas the parties hereto have applied to and are ... (not legible) in the agreement and amendment in Chapter 4 in relation to the purchase consideration. 1. Chapter 4 of the principal agreement shall be amended to read … copy of the application form has been filed on pp. 124 to 126 of the paper book. Relevant information given in column 16 is as under: 16. The lamp unit of the company at Sonepat is being … profit for the current year.3.3 The AO invoked Section 50 of IT Act and issued a notice to the assessee vide letter dt. 29th Jan., … two different orders of the learned CIT(A) for asst. yrs. 1999-2000 and 2000-01. As common facts are involved in these two appeals and further as … the learned CIT(A) for asst. yrs. 1999-2000 and 2000-01. As common facts are involved in these two

Aruna Kashinath Vs. Gmail.Com and Another

Court : Cyber Appellate Tribunal New Delhi

Subject : Right to Information

concerned records, documents and all electronic records pertaining to the aforesaid contraventions and violations of the provisions of the Information Technology Act, 2000 as amended using computers, computer systems, computer networks, computer resources and communication devices of the respondents as well … Adjudicating Officer. It reads as under:- 46. Power to adjudicate.- (2) For the purpose of adjudging under this Chapter whether any person has committed a contravention of any of the provisions of this Act or of any … Tribunal” means the Cyber Appellate Tribunal established under sub-section (1) of Section 48. Section 48 of the IT Act reads as under:- “48. Establishment of

Mascon Global Limited Vs. Gmail.Com and Another

Court : Cyber Appellate Tribunal New Delhi

Subject : Right to Information

concerned records, documents and all electronic records pertaining to the aforesaid contraventions and violations of the provisions of the Information Technology Act, 2000 as amended using computers, computer systems, computer networks, computer resources and communication devices of the respondents as well … Adjudicating Officer. It reads as under:- 46. Power to adjudicate.- (2) For the purpose of adjudging under this Chapter whether any person has committed a contravention of any of the provisions of this Act or of any … Tribunal” means the Cyber Appellate Tribunal established under sub-section (1) of Section 48. Section 48 of the IT Act reads as under:- “48.Establishment of Cyber

Subhash Chand Chopra Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2005)92TTJ(Delhi)1087

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." 7. We, after considering the above provisions, … AO and the material pointed out by parties in their paper books.6. Chapter XIV-B starts with s, 158B and provides the definition of "block period" … assessee/appellant and by resorting to conjectures and surmises. 4. That the assessment order passed by the learned … to 1996-97 upto the period 13th Oct., 1995, passed under Section 143(3) r/w Section 158BC of the IT Act.2. Since large number of issues are involved in this appeal, therefore, it is necessary to reproduce all the … Bank of Baroda. According to the enquiries, for the draft Nos. 0005745, 20005754 which were purchased by the assessee from Bank of India and draft

Mr. Parashuram D. Patil Vs. Asst. Commissioner of I.T.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

as provided Under Section 113 being part of undisclosed income assessed under Chapter XIV-B of I.T. Act or the same is subject to tax @ … portion of the Architect's letter [written to the assessee] dated 1-12-1989 is extracted below - This is to inform-you that as per our discussion, we have visited the Site thoroughly, bearing Land Survey No. 165 (Part), Kharigaon, … 1. This is an order under Section 255(4) of the Income-tax Act. The following question has been referred by Hon'ble Members of the Bench on account of difference of opinion … 1. This is an order under Section 255(4) of the Income-tax Act. The following question has been referred by Hon'ble

Assistant Commissioner of Income Vs. Tea Agency Trading Centre

Court : Income Tax Appellate Tribunal ITAT Guwahati

Subject : Direct Taxation

Reported in : (2004)88ITD96(Gau.)

of the provisions of Section 43(6)(c) r/w Expln. 4 in the same Chapter of the Act for arriving WDV of such assets which in this … losses for asst. yr. 1992-93 against the appellant's income for asst. yr. 1993-94." 2. In respect of the first ground of appeal, the relevant facts are as follows. The AO observed that the assessee has claimed Rs. … only. Further, Section 45(1A) was inserted in the Act w.e.f. 1st April, 2000, and the same was not applicable in the year under consideration. Hence, … Rs. 29,48,511 was an additional benefit derived in the course of the business under Section 28 of the Act. In this view of the matter, be added Rs. 29,48,511 to the income of the assessee for the

Assistant Commissioner of Income Vs. Yokogawa India Ltd.

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

Reported in : (2007)111TTJ(Bang.)548

3 divisions: 7. The software service division is registered as a Software Technology Park Unit with STPI. The software service division is making profits and … its inception, Section 10A excluded certain incomes from being charged to tax. Section 10A was substituted by Finance Act, 2000 w.e.f. 1st April, 2001. In the substituted section, a deduction of the profits derived by the undertaking from … deduction under Section 10A(1) is to be allowed. (a) Income enumerated in Chapter III are not only to be excluded from the total income at … in the Act. (iii) The CIT(A) ought to have held that as the 'total income' has to be first computed before allowing the deduction under Section 10A, the losses from the non-10A units have to be first … Section 10A, the provision of Sections 28 to 44D are however to be applied to each undertaking … against the order of learned CIT(A)-III, Bangalore, dt. 26th Oct., 2005. (i) The learned CIT(A) erred in

United Phosphorus Ltd. Vs. Joint Commissioner of Income-tax

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2002)81ITD553(Ahd.)

that the Notes of accounts given in Schedule R in the audited Balance Sheet gives necessary details and information which are required to be given by way of disclosure of significant Accounting Policy as required by Parts … 31-3-1997 in the Compilation and drew our attention to various clauses of Chapter VII dealing with Duty Exemption Scheme. Under the Duty Exemption Scheme, import … and in the circumstances of the case and in law, the Commissioner of Income-tax erred in upholding the action of the Assessing Officer in including in the total income, advance licence benefit receivable amounting to Rs. 8,29,87,603. … consider as to whether such a litigation from assessment years 1992-93 to 2000-2001 in relation to the aforesaid point is going to give any real … Spg. & Wvg. Mills Ltd. v. IAC [1992] 41 ITD 142. Further, in the computation of total … the Revenue are directed against the order dated 28-10-1999 passed by the learned CIT(A)-I, Surat for assessment

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

required to be carried forward in the computation of income under the provisions of IT Act, other than Chapter XII-B which contains Section 115J. In our view, on plain reading of Section 115J(2), there is no doubt … 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, … was subsequently found that the income assessable under Section 115J was Rs. 47,56,772 The assessment was therefore, rectified by bringing to tax the amount of

M/S T T K Prestige Ltd Vs. The Union of India Reptd by Its Finance Sec ...

Court : Karnataka

Subject : MRTP

free of cost or at concessional rate for the purposes of this sub-clause. (iii) Omitted by the Finance Act, 2000, w.e.f. 1st April, 2001. 63 (iv) any sum paid by the employer in respect of any obligation which, … UNDER ARTICLES226AND227OF CONSTITUTION OF INDIA PRAYING TO STRIKE DOWN THE PROVISIONS OF CHAPTER XII-H INSERTED IN THE INCOME TAX ACT, 1961 BY THE FINANCE ACT, … wherein fringe benefit is not part and parcel of income. Sub Section 43 of Section 2 of the Act, 1961 relates to Tax wherein fringe … to the written propositions of the... RESPONDENTS states as under:1. The constitutional attack is based on three premises. First, the Income-tax Act is relatable to entry 82, list 1 of schedule VII26income does not of the constitution