Advanced Search Results

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

the assessee should be followed as it was held in the case of CIT v. Vegetable Products (1973) 88 ITR 192 (SC) and CIT v.Kullu Valley Transport Co (1970) 77 ITR 518 (SC) Since, in the present … 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,

N. Satish and Others Vs. State of Karnataka, Represented by its Princi ...

Court : Karnataka

Subject : Service Tax

applicant shall not only comply with the rules and regulations prescribed under the Act, but also comply with the Information Technology Act, 2000, including the intermediary guidelines. Rule 5 (3) is as under:- The applicant shall not own or lease any … shall,- (a) be covered with a contract carriage permit issued under section 74 or under sub-section (8) of Section 88 of the Act. (b) Have a display board inside the Taxi containing vehicle permit and the driver's details

Satish N Vs. State of Karnataka

Court : Karnataka

Subject : Land Acquisition

applicant shall not only comply with the rules and regulations prescribed under the Act, but also comply with the Information Technology Act, 2000, including the intermediary guidelines. Rule 5 (3) is as under:- The applicant shall not own or lease any … shall,- (a) be covered with a contract carriage permit issued under section 74 or under sub-section (8) of Section 88 of the Act. (b) Have a display board inside the Taxi containing vehicle permit and the driver’s details

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 … 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 … under:----------------------------------------------------------Asst. yr. Total income STC 63.2% FT 36.8 %Rs. Rs. Rs.----------------------------------------------------------1995-96 1,39,87,788 88,40,282 51,47,5051996-97 39,69,623 25,08,801 14,60,8211997-98 Nil Nil Nil ----------- ------------ 20. The assessee

Varsha Plastics (P) Ltd. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2006)99TTJ(Mum.)487

(iii) creditworthiness of the creditor. A person may have funds from any source and an assessee, on such information received, may take a loan from such a person. It is not the business of the assessee to … of the company--Shri R.P. Goel, appeared before the AO on 28th Feb., 2000, and confirmed the loan transaction. (ii) The learned CIT(A) erred in confirming … (i) The learned CIT(A) erred in confirming the addition of Rs. 12,50,000 under Section 68 of the IT Act as the income of the appellant on account of borrowings made from M/s Fraternity Electronics Ltd. for which

Deputy Commissioner of Income Tax Vs. U.P. Forest Corporation

Court : Income Tax Appellate Tribunal ITAT Lucknow

Subject : Direct Taxation

for the asst. yrs. 1985-86 and 1986-87 respectively, the Tribunal issued notice under Section 254(2) of the IT Act dt. 30th Aug., 2000 requiring the assessee, M/s. U.P. Forest Corporation, Lucknow and the Revenue to state their … Supreme Court is concerned, it only sought that the issue of Section 11 cannot be raised for the first time before the High Court in its writ petition and in respect of Section 11, no issue has … vide its order dt. 17th Jan., 1989 in civil Misc. Petn. Nos. 8883 to 8686 of 1988 in appeal Nos. 180 to 182 of 1989

Shri BhavIn J. Vakil Vs. the D.C.i.T.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

Reported in : (2006)282ITR32(Mum.)

that the action taken by the AO Under Section 147 was unsustainable.The ld. counsel further submitted that full information and all the facts were disclosed by the assessee in the original return of income filed by it … Indore Bench in the case of Rajgarh Liquors (supra), reproduced from page 88 of the Report: "Once a return is filed, AO has full discretion … was served on the assessee on 7.7.97, which was after the time limit prescribed in the Income Tax Act. Since there was no valid notice Under Section 143(2), the proceedings initiated Under Section 143(2) were dropped by

United India Insurance Co. Ltd. Vs. Lanco Rani Joint Venture and Anoth ...

Court : National Consumer Disputes Redressal Commission NCDRC

Subject : Land Acquisition

as to whether the Insurance Company could recover the short charged premium on account of alleged or wrong information given by the Complainant regarding class of construction of building came for hearing in this Commission in the … in revisional jurisdiction under Section 21(b) of CP Act, 1986.? 32. Similarly, in the case of Esys Information Technologies Ltd. v. New India Assurance Co. Ltd., IV (2008) CPJ 30 (NC), wherein on the basis of report … (SC)=88 (2000) DLT 623 (SC)=VIII (2000) SLT 500=Civil Appeal No. 1112 of 2000, the Insurance Company has recovered the amount of Rs. 1,13,13,344 on account

Escorts Ltd. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2007)104ITD427(Delhi)

business management to its partners, so that the assessee could concentrate on its core business of agriculture, telecommunications, information technology and health care. The learned Counsel for the Revenue submitted that health care was also considered as core … Centre, Delhi, as on 31st March, 2000 as income of the appellant under Section 2(24)(iv) of the IT Act, 1961, to Rs. 86,40,00,000 ignoring the details mentioned by the AO in the assessment order.4. The assessee is … the addition made by the AO by assessing a sum of Rs. 88,11,30,349 being 80 per cent of the net book worth of M/s Escorts

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 … The ITA Nos. 881 and 882/Bang./ 2003 have been filed by the revenue and ITA Nos.