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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 … lamp division should not be treated as short-term capital gain as per the provisions of Section 50(2) of the IT Act, 1961. In response to the notice, it was submitted on behalf of the assessee that the Sonepat unit … 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

Mascon Global Limited Vs. Gmail.Com and Another

Court : Cyber Appellate Tribunal New Delhi

Subject : Right to Information

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 … without exhausting the alternative remedy of approaching the Controller of Certifying Authorities or the Adjudicating Officer appointed under the IT Act,2000.? (ii) Whether the ingredients made in the appeal amounted to an offence under the provisions of the Information … 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

Aruna Kashinath Vs. Gmail.Com and Another

Court : Cyber Appellate Tribunal New Delhi

Subject : Right to Information

without exhausting the alternative remedy of approaching the Controller of Certifying Authorities or the Adjudicating Officer appointed under the IT Act, 2000.? (ii) Whether the ingredients made in the appeal amounted to an offence under the provisions of the Information … 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

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

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Direct Taxation

is subject to tax @ 60% 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 @ 20% Under Section 112 which lays … which are to the rate of tax for application, in this case are Section 112 and 113 of the IT. Act.These are as under: 112(1) Where the total income of an assessed includes any income, arising from the transfer … no dispute that income was assessed consequent to a search carried on 4.1.96 at the premises of the assessee under Section 132 of the Income-tax

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 … or generation and distribution of power 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, following the decision of the Hon'ble … pay capital gains tax.Now, the issue remains as to whether the assessee's case falls under Section 43 of the IT Act. The Taxation Laws (Amendment and Miscellaneous Provisions) Act, 1986, has introduced w.e.f. 1st April, 1988, a new scheme

Assistant Commissioner of Income Vs. Yokogawa India Ltd.

Court : Income Tax Appellate Tribunal ITAT

Subject : Direct Taxation

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

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 … and depreciation of the non-l0A unit. (ii) The CIT(A) ought to have noted that under Section 10(1) of the IT Act, 1961, the deduction in respect of profits and gains derived by an undertaking from the export of articles … in the context of Section 10A, the provision of Sections 28 to 44D are however to be applied to each undertaking and not to each

Commissioner of Income Tax Vs. Hotel Meriya

Court : Kerala

Subject : Direct Taxation

Acts : Income Tax Act - Sections 131, 132, 132(4), 158B, 158BA, 158BB, 158BC, 158BFA(1) and 260A; ;Evidence Act - Section 3; ;Indian Income Tax Act, 1922; ;Indian Income Tax Act, 1911; ;Finance Act, 2002 - Section 113; ;Finance Act, 2001; ;Code of Civil Procedure (CPC) , 1908

is liable to be assessed for the block period as contemplated under Chapter XIV B of the Income Tax Act. The dispute is only regarding … hotel and was subjected to assessment with PAN.FV.4140. On 28.6.2001 a search was conducted under Section 132 of the IT Act. During the search, though no material was disclosed to show that there was suppression of business, it was … CIT (Appeals) held that there was 5% suppression of turnover of liquor for the assessment years 1996-'97 to 2000-'01. For the assessment year 2001-'02 the concealment of income was determined at 7% of the turnover and for … IT Act. In response to the notice, a return was filed on 4.1.2002 as Sl. No. 866. Subsequently, a modified return was filed on 5.2.2006.

Peggy Fen., vs Central Board of Film Certification,

Court : Kerala

This content classification Rules are seen complied with by SonyLIV, with respect to movie "Churuli".12) Section 67 of the IT Act 2000 provides punishment for publishing or transmitting or transmitting obscene material in electronic form. The said provision is not … Level II-self regulation by self-regulating bodies of the publishers and Level III- oversight mechanism by the Central Government. Chapter I in Part III deals with the grievance redressal mechanism. Chapter II deals with self- regulating mechanism - … TIRUVALLUM, THIRUVANANTHAPURAM-695 027. 2 MANAGING DIRECTOR, SONY PICTURES NETWORK INDIA PRIVATE LIMITED, 4TH FLOOR, INTERFACE BUILDING NO. 7, OFF MALAD LINK ROAD, MALAD WEST, MUMBAI

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 … only one 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, … R2) THIS WRIT PETITION IS FILED 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, 2005 WITH EFFECT FROM14.2005 AS OFFENDING … 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