Judgment Search Results Home > Cases Phrase: agricultural income tax act 1957 section 19a omitted Court: income tax appellate tribunal itat delhi Page 2 of about 26 results (0.111 seconds)

Arvind Construction Co. Ltd. Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1994)51ITD79(Delhi)

..... same plea.5. we have carefully considered the rival submissions. the decision of the kerala high court relates to allowing deduction under section 5 of the kerala agricultural income-tax act, 1950 and has considered the meaning of the word "jeep" keeping in view the said provisions.similarly, in the decision of the tribunal mentioned above, ..... hope plantation (supra), the learned counsel pointed out that the said decision was for interpretation of entry iiib(i) of rule 9 of the kerala high court agricultural income-tax rules, 1951 for the purpose of allowing deduction and that the said decision should not be relied upon for including "jeep" within the expression "motor-car ..... included in the net wealth of the assessee since motor car includes jeeps. relying on the decision of the kerala high court in the case of commissioner of agricultural income-tax v. good hope plantation [1988] 170 itr 173, the assessing officer included the value of jeeps in the taxable wealth of the assessee-company.2. .....

Ess Aar Exports Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2005)95TTJ(Delhi)1083

..... knowledge of the assessee. to attribute such constructive knowledge, the substituted service must be in accordance with the prescribed procedure, that is, by section 64 of the agricultural income-tax act, 1950, in this case, which provides that a notice can be served as if it were a summons issued by a court, that is, as provided in ..... considered or decided by us and the same is wide open.8. we have already noted relevant observation of ao justifying action under section 144 of the income-tax act. the learned cit(a), while upholding ex parte assessment, held as under: "further on going through the assessment order, it is observed that for non compliance of various ..... counsel foplassessee, stressed that no service in accordance with law was affected on the assessee or his partners and, therefore, ex parte order under section 144 of income-tax act was bad in law. he read out relevant portion of the impugned orders and cited cases which we would be discussing hereinafter. as above point is likely .....

D.C.i.T. (Asstt.), Spl. Range Vs. Paramount Trading Corpn.

Court : Income Tax Appellate Tribunal ITAT Delhi

..... c.i.t. v. plantation corporation of kerala ltd. (2001) 247 itr 155(sc) was dealing with the interprevation of explanation to provision in the context of agricultural income-tax act. it was noted by it that explanation is intended to either explain the meaning of certain phrases and expressions contained in a statutory provisions or depending upon its language ..... its wisdom did not qualify the word "receipts" with the pre-fix "net", it would not be prudent to import it in the language of the explanation. income-tax act, being a fiscal statute has to be interpreted strictly and the interpretation of the provisions has to be done on the "basis of the plain language used in it ..... opinion on the only issue raised in the captioned appeal, the following question is referred to the hon'ble president of the tribunal under section 255(4) of the income-tax act, 1961: whether in law and on the facts and in the circumstances of the present case, the profits of the business, as defined in explanation (baa) .....

Deputy Commissioner of Vs. Paramount Trading Corpn.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2006)98ITD77(Delhi)

..... v. plantation corporation of kerala ltd. [2001] 247 itr 155 : 114 taxman 103. was dealing with the interpretation of explanation to provision in the context of agricultural income-tax act. it was noted by it that explanation is intended to either explain the meaning of certain phrases and expressions contained in a statutory provisions or depending upon its ..... below section 80hhc(4b) refer to receipt of net interest 1. the following point of difference has been referred to me under section 255(4) of the income-tax act:- whether in law and on the facts and in the circumstances of the present case, the profits of the business, as defined in explanation (baa) below section ..... on the only issue raised in the captioned appeal, the following question is referred to the hon'ble president of the tribunal under section 255(4) of the income-tax act, 1961 : whether in law and on the facts and in the circumstances of the present case, the profits of the business, as defined in explanation (baa) .....

impsat (P) Ltd. Vs. Ito

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2004)91ITD354(Delhi)

..... the question whether the assessee can consent to the ao making an assessment upon it, though there is no provision in the income tax act to do so. in asit kumar ghose v. commissioner of agricultural income tax (22 itr 77) the calcutta high court held that should an assessee file a return or intervene in an assessment proceeding pending ..... itr 823). it was held that though under the partnership law every change in the constitution of the firm had the effect of dissolving the firm, the income tax act conferred on the firm a personality which survived such reconstitution and that the assessment should be framed on the firm as constituted at the time of assessment in ..... requirement. if he is a natural person, and if he dies before the assessment proceedings are set in motion, there have to be express provisions in the income tax act to enable the revenue authorities to initiate proceedings for assessing the person. such provisions, in the case of an individual, are now to be found in section .....

Additional Cit Hisar Range Vs. Jindal Steel and Power Ltd.

Court : Income Tax Appellate Tribunal ITAT Delhi

..... manmatha nath mukherjee , which has been relied on by the assessee before us. the issue before the hon'ble calcutta high court was in the context of the bengal agricultural income tax act, 1944. shorn of other details, the question considered by the hon'ble high court, relevant for the present, was whether the procurement rate of paddy offered by the ..... amount shown by the concerned depositor. the difference amounting to rs. 4,06,000 in relation to four parties was held assessable as income in terms of section 68 of the income tax act, 1961 (in short, 'the act'). the said addition has since been deleted by the commissioner (appeals) against which the revenue is in appeal before us.4. before ..... on this ground.24. in ground no. 3, the issue is with regard to the premium payable to mutual fund which has been treated as income under section 28(iv) of the act. the said ground has not been pressed on behalf of the assessee in the course of hearing. accordingly, the same is dismissed as not pressed. .....

Suraj Mal, Huf Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2007)109ITD327(Delhi)

..... of information that the assessee sold his agricultural land measuring 18b-08b situated in village ishlampur to the company kareshekh builders (p.) ltd. for a consideration of ..... in the assessment order). i have already noted reasons under section 148(2) of income-tax act for issuing the said notice. the said notice suffers from several legal infirmities. in the first place, the transaction noticed related to sale of some agricultural land sold to kale shekh builders pvt. ltd. and not by the assessee. further ..... mai and his brother bharat singh inherited agricultural land in vill. ishlam-pur, distt.gurgaon on the death of their father intestate. as per assessment order, the assessment proceedings in this case was initiated on 22-12-2000 by issue of notice under section 148 of the income-tax act to suraj mai individual on the basis .....

Shri Suraj Mal, Huf Vs. Income Tax Officer

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2007)110TTJ(Delhi)834

..... of information that the assessee sold his agricultural land measuring 18b-08b situated in village ishalampur to the company kareshekh builders pvt. ltd. for a consideration of ..... in the assessment order). i have already noted reasons under section 148(2) of income tax act for issuing the said notice. the said notice suffers from several legal infirmities. in the first place, the transaction noticed related to sale of some agricultural land sold to kale shekli builders pvt. ltd. and not by the assessee. further ..... mal and his brother bharat singh inherited agricultural land in vill. ishlampur, distt.gurgaon on the death of their father in-testate. as per assessment order, the assessment proceedings in this case was initiated on 22.12.2000 by issue of notice under section 148 of the income tax act to suraj mal individual on the basis .....

Asstt. Cit Vs. P.Z. Estates (P) Ltd.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2005)2SOT563(Delhi)

..... for agricultural purposes; (ii) the performance by a cultivator or receiver or rent-in-kind of any process ordinarily employed by ..... golf courts the grass is grown and taken for use in the golf courts. according to him cit(a) the decision does not call for any interference.we have considered the rival submissions. we shall first refer to the definition of agricultural income as contained in the income tax act.(a) any rent or revenue derived from land which is situated in india and is used .....

NavIn Verma Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2006)100ITD73(Delhi)

..... 2003 available at page 90 of the paper book, the assessee made following specific submissions in support of this ground: your honour, jurisdiction of the assessee under the income-tax act, vested with the assessing officer ward 1(3), faridabad and not with acit, range-1, faridabad and, therefore, the assessment having been framed without jurisdiction, is ..... 11,000 in m/s. nasa systems was undisclosed income of the assessee being from unexplained sources. 4. the id. commissioner of income-tax (appeals) erred on facts as well as in law in holding that investment of rs. 1 lakh in agriculture land measuring 20 kbm was undisclosed income of the assessee being from unexplained sources. 5. the ..... id. commissioner of income-tax (appeals) erred on facts as well as in law in holding that the investment of rs. 43,750 .....