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Cit Vs. P.V.A.L. Kulandagan Chettiar

Court : Supreme Court of India

Subject : Direct Taxation

Government in that regard.2. Learned counsel for the revenue also drew our attention to Pandian Chemicals Ltd. v. CIT : [2003]262ITR278(SC) . However, on a reading of the judgment we find that that also deals with section … ORDER1. There is inordinate delay of 1027 days in filing of the review petitions and no satisfactory explanation has been offered. Even otherwise, we do not find any ground, whatsoever, to entertain

Commissioner of Income-tax Vs. P.V. Gore and Co.

Court : Mumbai

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 37

Reported in : (1982)29CTR(Bom)110; [1983]143ITR922(Bom)

governed by the ratio of the decision of the Supreme Court in the case of Ramchandra Shivnarayan v. CIT : [1978]111ITR263(SC) . In that case the Supreme Court held that if there is a direct and proximate … Sujata V. Manohar, J.1. The assessee-firm is doing wholesale business in ' kirana ' (grains and provisions). It is a partnership firm having five partners. The dispute relates to the assessment year 1970-71, In that

Commissioner of Income-tax Vs. P.V.S. Beedies (P.) Ltd.

Court : Karnataka

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 139(8) and 214

Reported in : [1987]163ITR846(KAR); [1987]163ITR846(Karn)

date of delivery of cheque. We place reliance on the principle laid down by the Supreme Court in CIT v. Ogale Glass Works (P) Ltd. : [1954]25ITR529(SC) . It, therefore, follows that the assessee when he tendered the

Commissioner of Income-tax Vs. P.V. Rangaiah Sons and Co.

Court : Andhra Pradesh

Subject : Direct Taxation

Acts : Income Tax Act, 1922 - Sections 10(2)

Reported in : [1973]88ITR42(AP)

has to be seen whether it is in the nature of a capital expenditure or a revenue expenditure.5. Very often Sharp distinctions are drawn between capital and revenue expenditure. Pollock M. R. in Atherton v. British Insulated, … assessee's business and, therefore, it was a capital expenditure and disallowed the same. On appeal, the Appellate Assistant Commissioner considered it to be comparable to an acquisition of goodwill and as asset of a capital nature and … Whether, on the facts and in the circumstances of the case, thecommission paid by the assessee to the Mineral Products & Co. of Calcuttawas allowable

Commissioner of Agricultural Income-tax Vs. P. V. Jagannath Rao.

Court : Orissa

Subject : Direct Taxation

Reported in : [1962]45ITR396(Orissa)

for the use or occupation of the land held by the tenant. In the well known case of Commissioner of Income-tax v. Kamakhaya Narayan Singh, the controversy with regard to the interest on arrears of rent whether … Agricultural Income-tax Act, 1947, by which the following question of law was referred to this court :'If a person holding zeraity lands in the district of Ganjam and deriving bhag produce by letting out those lands can

Commissioner of Income Tax Vs. P.V.A.L. Kulandagan Chettiar (Dead) Thr ...

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act, 1961 - Sections 2(24), 4, 5, 6, 10(15), 33, 80J, 80K, 80M, 90, 90(2), 91 and 91(1); Companies (Profits) Surtax Act, 1974; Income Tax (Amendment) Act, 1967; Supplementary Income Tax Act, 1967; Petroleum (Income Tax) Act, 1967; Investment Incentives Act, 1968; Finance Act

Reported in : (2004)189CTR(SC)193; [2004]267ITR654(SC); 2004(6)SCALE36; (2004)6SCC235

subsequent year assessments have been finalised pursuant to the law laid down by the Karnataka High Court in CIT v. K.M. Muthaiah (2000) ITR 508; that the parties have arranged their affairs and accounts have been finalised for … assets are situated?2. The facts leading to these appeals are that the respondent is a firm owning immovable properties at Ipoh, Malaysia; that during the course of the assessment year the assessee earned income of Rs. 88,424/-

Commissioner of Agricultural Income-tax Vs. P.V. Balakrishnan Nair and ...

Court : Supreme Court of India

Subject : Direct Taxation

Reported in : (2004)186CTR(SC)101; [2003]264ITR563(SC)

appears to have been decided against the Revenue and in favour of the assessee in Progressive Financers v. CIT : [1997]224ITR595(SC) , in connection with Section 184(2) of the Income-tax Act, 1961, which is in pari materia … The same issue appears to have been decided against the Revenue and in favour of the assessee in Progressive Financers v. CIT : [1997]224ITR595(SC) , in connection with Section 184(2) of the Income-tax Act, 1961, which is

Commissioner of Income Tax Vs. P.V.S. Beedies Pvt. Ltd.

Court : Supreme Court of India

Subject : Direct Taxation

Acts : Income Tax Act - Sections 80G and 147

Reported in : [1999]237ITR13(SC); JT1998(9)SC118; (1998)9SCC272

in the Tribunal. The Tribunal after considering all aspects of the cases remanded the cases back to the Income Tax Officer for passing a fresh order in accordance with law. One of the points raised before the … relevant accounting years ended on 31-3-1974 and 31-3-1975 respectively. Originally the assessment was completed on 21-6-1977. There were various other proceedings which ended in the Tribunal. The Tribunal after considering all aspects of the cases remanded the … respectively. Originally the assessment was completed on 21-6-1977. There were various other proceedings which ended in the Tribunal. The Tribunal after considering all aspects of

Sir Sobha Singh and Sons (P) Ltd. Vs. Inspecting Assistant Commissione ...

Court : Delhi

Subject : Direct Taxation

Reported in : (1996)55TTJ(Del)699

ORDERB. S. SALUJA, J. M. :The assessed and the Department are in cross appeals against the order of CIT(A)-I, New Delhi, dt. 17th Nov., 1987. The appeals are being disposed of by a consolidated order for the … of the exclusive residential areas of New Delhi and its source of income disclosed was the rent from various residential flats, servants quarters and garages, etc., in the Sujan Singh Park Complex.3.1 The AO noted that during … June, 1985 showing total income of Rs. 4,48,980. The company owned the property known as Sujan Singh Park in one of the exclusive residential areas

Commissioner of Income-tax Vs. P.V. Kumar

Court : Delhi

Subject : Direct Taxation

Reported in : (2005)199CTR(Del)429; [2005]279ITR9(Delhi)

B.C. Patel, C.J.1. This appeal is filed by the appellant, Commissioner of Income-tax against the order made by the Income-tax Appellate Tribunal in I. T. A. No. 3301/Del/1998 on … proper service and after the proper service on the party, it ought to have decided the matter.3. In view of this, the ends of justice would be met if the impugned order is set aside and the … B.C. Patel, C.J.1. This appeal is filed by the appellant, Commissioner of Income-tax against