Both - Judgment Search Results

Bal Krishan Vs. Collector of Customs

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Reported in: (1995)LC398Tri(Delhi)

..... feel there is a distinction between confiscation and personal penalty although both of them are penal in nature penalty cannot be equated at ..... that the imposition of penalty on the appellant was not sustainable both on facts and in law 9 at the time of hearing ..... and imposition of penalty 11 during the course of the hearing both the sides had been given liberty to file written submissions also .....

Deputy Commissioner of Vs. A.P. State Textiles Development

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (1995)53ITD142(Hyd.)

..... the assessee corporation was the one meant for the upliftment of the weavers the objects both main and ancillary should speak of ways and means of providing various facilities financial infrastructural ..... cotton wool and silk powerloom all types of including leather garment manufacturing and sericulture industries both within and outside the co operative fold would be an object of general public .....

Balbir Singh Narula Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (1995)53ITD88(Delhi)

..... not liquid assets 8 we have carefully considered the arguments of both the sides the undisputed facts are that the assessee s daughter ..... incurred was explained by the assessee 9 to appreciate the arguments of both the sides it would be relevant to reproduce the query made ..... penalty under section 271 1 c addition as well as penalty both were confirmed by the high court on reference the supreme court .....

income-tax Officer Vs. Dr. B.K. Jain

Court: Income Tax Appellate Tribunal ITAT Jaipur

Reported in: (1995)52ITD367(JP.)

..... 1 1991 passed in the manner mentioned above caused grievance to both the sides in its appeal revenue is aggrieved against dc appeals ..... of relief in respect of income which has suffered taxation in both the countries or for the avoidance of double taxation of the ..... have certain elements of similarity but the distinction is clear though both deal with the same subject of double taxation relief 15 now .....

Sidhivinayak Chemicals (P.) Ltd. Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (1995)52ITD226(Mum.)

..... 1 c for concealment of particulars of income the facts in both the appeals are identical the assessee is a private limited company ..... assessing officer imposed penalty for concealment of particulars of income for both the years under section 271 1 c vide his orders dated ..... let us examine whether the respective burden have been discharged by both the parties the word concealment has not been defined in .....

Mola Bux Vs. Income Tax Officer.

Court: Income Tax Appellate Tribunal ITAT Jaipur

Reported in: (1995)51TTJ(JP.)1

..... that is done the next step is to prove his creditworthiness both these ingredients having been proved the very character of the ..... by the cit a on the ground that the creditworthiness of both the depositors was satisfactorily proved by the fact that they ..... fully agree with the learned cit a that the identity of both these creditors their creditworthiness and the genuineness of the transactions stood .....

income-tax Officer Vs. Goyal Trading Co.

Court: Income Tax Appellate Tribunal ITAT Allahabad

..... sugar bags to basti sugar mills basti and basti sugar mills walterganj both of which are private limited companies which used to be under ..... had disclosed only 3 32 per cent the consolidated gross profit of both the periods was worked out to 3 82 per cent as ..... completely gone through the record as well as heard the arguments of both sides i agree with the conclusions reached by the learned accountant .....

income-tax Officer Vs. R. Krishnaswamy

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1995)54ITD145(Mad.)

..... ltd and premier breweries ltd from 1969 on 9 11 1983 both the assessees claimed to have converted the investments held by them ..... case of minor rajesh there cannot be a debit and credit both appearing in the account he stated that it is the normal ..... for 50 shares each of malayalam plantations and ennore foundaries for both krishnaswamy associates and rajesh associates he stated that this activity had .....

Patel Management Consultancy Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (1995)52ITD15(Mum.)

..... of calico dyeing amp printing works v cit 1958 34 itr 265 both of which were considered by the gujarat high court itself in ..... to cover expenditure of revenue nature as well as capital nature because both types of expenditure can be incurred for business purposes then their ..... the denial of set off relief prayed for by the assessee by both the lower authorities is sound in law and does not require .....

Unitika Ltd. Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (1995)52ITD249(Delhi)

..... the agreement was admittedly approved by the governments and boards of both the companies modipon limited remitted 25 of first instalment i e ..... after allowing the assessee to raise the additional grounds we permitted both the parties to address us on all the grounds 6 dr ..... shall forthwith become null and void unless otherwise agreed upon by both parties para 4 3 1 referred to above provides that 33 .....