Advanced Search Results

Bharatiya Janata Party Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2002)80ITD89(Delhi)

(1975) 101 ITR 796 (SC). The learned standing counsel also relied on a Departmental Circular dt. 19th Oct., 2000, according to which provisions of Section 44AB r/w Section 271B were held not to be applicable.16. It was … vocation of the assessee. (4) CIT v. Distributors (Baroda) (P) Ltd. (1972) 83 ITR 377 (SC)--In this case it was held that when the legislature … is registered as a National Party with the Election Commission of India. A notice under Section 142(1) of the IT Act, 1961 (hereinafter called the "Act") and a letter bearing No. 363 dt. 30th Nov., 1995 were issued on

Sterlite Industries (India) Ltd. Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Land Acquisition

Reported in : (2006)102TTJ(Mum.)53

Thalanga Copper Mines (P) Ltd. Monte Cello Corporation NV subsequently sold Monte Cello BV to Sterlite. In July, 2000, Sterlite's telecommunications cables and optical fibre business was demerged into a new company, Sterlite Optical Technologies Ltd. ("SOTL").66. … in India at Tuticorin in 1997. The group in 1995 acquired an 83 per cent interest in MALCO as part of MALCO's financial restructuring and … of the Court. The expression "sufficient cause or reason" as provided in Sub-section (5) of Section 253 of the IT Act is used in identical position in the Limitation Act and the CPC. Such expression has also been used

Ramkumar Jalan Vs. Income Tax Officer.

Court : Mumbai

Subject : Direct Taxation

Reported in : (1996)56TTJ(Mumbai)545

Shivnarayan, and (iv) Sri Parasuram had been examined and as per their evidence it was proved (a) that 2000 acres of land had been allotted to Shri Uma Shankar Lohia for farming, (b) that the lands were … 5 above, the ITO proceeded to investigate/verify the genuineness of the same as required under s. 68 of the IT Act. Before completing the assessment, the ITO tried his best to get some information or evidence from the assessee … six appeals for the asst. yrs. 1976-77 to 1980-81 are dismissed. - Section 10: [Swatanter Kumar, C.J., A.P. Deshpande & Smt. Nishita Mhatre, JJ] Admission

Bidesh Singh Vs. Madhu Singh and ors.

Court : Jharkhand

Subject : Election

Acts : Conduct of Election Rules, 1961 - Rules 52(2) and 56(2); Representation of People Act, 1951 - Sections 82, 86(4) and 97

Reported in : [2005(1)JCR173(Jhr)]

one of the contesting candidates of 318 Panki Assembly constituency of Bihar Legislative Assembly held in the year 2000, to set aside the election of the Returned Candidate i.e. respondent No. 1 and further for his dec-laration … of waiver, estoppel and acquiescence and besides that it is not in strict compliance of the provisions of Section 83 of the Representation of People Act, 1951 (hereinafter referred to as the said Act) as it is miserably

Assistant Commissioner of Income Vs. Vindhya Telelinks Ltd.

Court : Income Tax Appellate Tribunal ITAT Jabalpur

Subject : Direct Taxation

Reported in : (2007)107TTJJab149

IT Appeal No. 112 which is stated to be pending.5. The notice under Section 148 dt. 23rd Oct., 2000 was issued for the reasons that: (1) Original assessment was completed under Section 143(3) on 23rd Nov., 1994 … v. Dy. CIT (2001) 168 CTR (Del) 521 : (2002) 253 ITR 83 (Del); (xii) Amiya Sales & Industries & Anr. v. Asstt. CIT , … CIT(A), Jabalpur which was disposed of by him on 7th Feb., 1995. Subsequently order under Section 263 of the IT Act was passed on 25th March, 1998 by the CIT, Jabalpur. Against this order, the Tribunal accepted the appeal

Kasturi and Sons Ltd. Vs. Union of India Rep. and ors.

Court : Chennai

Subject : Banking

Acts : Finance Act, 1994 - Section 65(19);Central Excise Act, 1944 - Section 37B; Constitution of India - Article 265; Income-tax Act - Section 119

Circular dated 7.10.2005 issued by the second respondent, the Central Board of Excise and Customs as ultra vires section 83 of Finance Act, 1994 read with sections 37B and 65(19) of the Central Excise Act, 1944 and is

Harish Kumar Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Subject : Land Acquisition

Reported in : (2003)85ITD366(Hyd.)

much prior to the date stated in the invoices. To demonstrate this aspect, he. took us through pp. 83 to 111 of the paper book wherein he has demonstrated that the dated initials, for example, with dates … the addition of Rs. 51,92,750 being the sale proceeds of diamonds as unexplained credit under Section 68 of the IT Act is unsustainable in law. 2. The learned CIT(A)-V, Hyderabad, failed to note that all the purchasers of diamonds

Farrukhabad Investment (i) Ltd. Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2003)85ITD230(Delhi)

out of the order of the CIT(A) dt. 18th July, 2000, sustaining the penalty under Section 271D of the IT Act for asst. yrs. 1992-93 to 1995-96, 1997-98 and 1998-99 and against sustaining penalty under Section 271E of the … the decision of Hon'ble Supreme Court in the case of Hindustan Steel Ltd. v. State of Orissa (1972) 83 ITR 26 (SC). The learned counsel further referred to various cases on the interpretation of the statute. The

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

the case of Malabar Industrial Co. Ltd. v. CIT (2000) 243 ITR 83 (SC) wherein it was held that merely because one view is preferable … the nature of the receipt under the general law that determines its nature for the purpose of the IT Act but the receipt would have to be considered under the provisions of the IT Act from the commercial … of the Revenue in respect of 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. The appeal in ITA No.949/Ahd/1998, is

The Faridkot Bathinda Kshetriya Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Amritsar

Subject : Direct Taxation

State Bank of India v. CIT (ITA No. 620/Asr/1999, orders for the asst. yr. 1999-2000, dt. 31st Aug., 2000); (6) Arjan Dass Amrit Lal v. AO (ITA No. 124/Asr/1998, asst. yr. 1989-90, dt. 9th Aug., 2000) and … in the case of Hindustan Steel Ltd. v. State of Orissa (1972) 83 ITR 26 (SC). Alternatively, it was also submitted before the CIT(A) that … Jan., 2001 confirming the penalty of Rs. 24,80,037 imposed by the Jt. CIT, Bhatinda under Section 271E of the IT Act, 1961.2. Briefly stated, the facts of the case are that the assessee is a Regional Rural Bank established