Balanced - Judgment Search Results

Meenakshy Lucky Centre Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Cochin

..... learned departmental representative is that if they were correct balances how different balances are shown in the fair ledger it is also ..... egregious blunders like the omission of the canara bank balance in the balance sheet was considered the entire issue it is ..... taken into consideration in the personal ledger less inter branch balances wrongly considered as debtors by the assessing authority less .....

Meenakshy Lucky Centre Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Cochin

..... learned departmental representative is that if they were correct balances how different balances are shown in the fair ledger it is also ..... egregious blunders like the omission of the canara bank balance in the balance sheet was considered the entire issue it is ..... taken into consideration in the personal ledger less inter branch balances wrongly considered as debtors by the assessing authority less .....

Usha Rectifier Corpn. (i) Ltd. Vs. Collector of C. Ex.

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Reported in: (2001)(73)ECC771

..... companies act the learned dr contended that the collector appeals had rightly relied upon the balance sheet and the annual report which clearly says that the appellants had manufactured certain equipments ..... not reach the finished stage and they were destroyed from the fact that note on balance sheet profit and loss account specifically mentions about the fabrication and capitalisation and belies the .....

Fenoplast Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2002)82ITD178(Hyd.)

..... profits only to the extent of business profits available and the balance has to be considered only in the next assessment year in ..... leaving nil profit there would be no loss because the unadjusted balance of depreciation cannot be deducted this year since section 32 2 ..... the depreciation of that previous year under section 32 1 the balance of the depreciation not absorbed is to be carried forward to .....

Commissioner of Income Tax Vs. Income Tax Settlement Commission

Court: Mumbai

Reported in: (2000)163CTR(Bom)440; [2001]112TAXMAN523(Bom)

..... for various years ascertained the applicant s contention that the trial balance as found during the course of search should be made ..... relevant evidence it will have to be seen if this trial balance records the transactions completely and correctly and can be made ..... not disclosed anything about their activities outside india the said trial balance sought to be relied upon by the assessee is incomplete .....

General Secretary, All India Tourism Development Corporation Employees ...

Court: Chennai

Reported in: (2001)ILLJ834Mad

..... units mentioned supra is maintaining separate accounts or accounts on balance sheets drawn separately on profit and loss accounts and based ..... on such legality taking some sporadic activities of preparing the balance sheet based on the profit and loss accounts arrived ..... manner without any distinction or discrimination based on the consolidated balance sheet prepared on the profit and loss accounts of .....

Core Health Care Ltd. Vs. Deputy Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

..... debentures was covered under the provisions of s 35d and the balance expenditure which was attributable to non convertible part of debentures ..... to the assessee under s 35d 60 with regard to the balance claim of expenditure relating to partly non convertible debentures which will ..... for each business and separate p amp l a c and balance sheet were prepared in respect of each business although ultimately .....

Ardee Finvest (P.) Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

..... place upto 31st march 1996 the amount was reflected in the balance sheet the assessing officer took the sliare application money received ..... set out in schedule vi of the companies act 1956 the balance sheet was audited by the chartered accountant in conformity with ..... companies act 1956 the amount was reflected as such in the balance sheet accounts were prepared perfectly in accordance with the norms .....

Dolly Farms and Resort (P) Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2000)74ITD147(Delhi)

..... typed statement of the list of unsecured loans as attached with the balance sheet as on the period ending 15th september 1995 p 89 ..... it was contended that the addition made is in respect of credit balances lying to the account of the following parties in the books ..... proceedings it was noticed that annexures 31 to 38 are vouchers trial balance etc of the assessee company drawn by the assessee on month .....

C.i.T. Mumbai City Xiv, Mumbai Vs. the Income Tax Settlement Commissio ...

Court: Mumbai

Reported in: 2000(4)ALLMR604; 2001(1)BomCR167; [2000]246ITR63(Bom)

..... for various years ascertained the applicant s contention that the trial balance as found during the course of search should be made ..... relevant evidence it will have to be seen if this trial balance records the transactions completely and correctly and can be made ..... not disclosed anything about their activities outside india the said trial balance sought to be relied upon by the assessee is incomplete .....