Chargeable - Judgment Search Results

H.P. State Indl. Dev. Corporation Vs. Joint Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2001)80ITD639(Chd.)

..... the assessing officer has in consequence of information in his possession reason to believe that chargeable interest assessable for any assessment year has escaped assessment or has been under assessed ..... for its assessment the statutory provisions noted above oblige a credit institution to disclose total chargeable interest accruing or arising in the previous year the assessee did not disclose this .....

Lloyds Insulations (India) Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2002)80ITD465(Delhi)

..... consequently no disallowance can be made with reference to wealth tax chargeable under section 40 of finance act 1983 which is a ..... the following amounts shall not be deducted in computing the income chargeable under the head profits and gains of business of profession ..... 280zd provided for such certificate only with reference to excise duty chargeable to tax under excise act the said decision can be .....

Cwt Vs. Vasavi Pratap Chand

Court: Delhi

Reported in: (2001)172CTR(Del)190

..... this nature thereforee an attempt must be made to give effect to both the expressions chargeable and payable having regard to the intention of the parliament as reflected in different provisions ..... mischief rule or heyden s rules must be applied having regard to the different expressions chargeable and payable carry particularly when the said expression are not interchangeable in this connection we .....

Highway Cycle Industries Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Chandigarh

..... be summarised as follows i that total income of the assessee chargeable to tax should include income under the head profits and gains ..... qualify and be eligible for deduction the assessee must have income chargeable under the head profits and gains of business or profession ..... 56 that the assessee had excluded dividend income from the income chargeable to tax under the head income from business and the .....

Commercial Motors Finance Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Lucknow

Reported in: (2002)82ITD176Luck

..... the interest charged on the loan transactions and such interest was chargeable to tax under the interest tax act since the grounds ..... advances and the same have been rightly held to be chargeable under the interest tax act 28 we have carefully considered ..... of finance transactions then interest on such financing transactions shall be chargeable to interest tax act hence for proper examination of the .....

Highway Cycles Industries Ltd. Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2002)255ITR105(Chd.)

..... summarised as follows i that the total income of the assessee chargeable to tax should include income under the head profits and ..... qualify and be eligible for deduction the assessee must have income chargeable under the head profits and gains of business or profession ..... 56 that the assessee had excluded dividend income from the income chargeable to tax under the head income from business and the .....

Highway Cycle Industries Ltd. Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2002)74TTJ(Chd.)171

..... be summarised as follows i that total income of the assessee chargeable to tax should include income under the head profits and gains ..... qualify and be eligible for deduction the assessee must have income chargeable under the head profits and gains of business or profession ..... 56 that the assessee had excluded dividend income from the income chargeable to tax under the head income from business and the .....

Wealth Tax Officer Vs. Smt. Rati M. Fyzee

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2002)82ITD548(Mum.)

..... on or incurred in relation to any assets which are not chargeable to wealth tax cannot be deducted the reason is obviously to ..... the words that fell for interpretation of the court were not chargeable to wealth tax appearing in section 2 m ii and not ..... a proportionate disallowance once it is found that wealth tax was chargeable in respect of the concerned asset though after granting exemption upto .....

Sol Pharmaceuticals Ltd. Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2002)83ITD72(Hyd.)

..... or special order the appropriate proportion of such sum so chargeable and upon such determination tax shall be deducted under sub ..... or for determination of the appropriate proportion of such sum so chargeable or for grant of certificate authorising the recipient to receive ..... remittances made by it to the non residents were not incomes chargeable to indian income tax as far as the recipients are .....

indopel Garments (P) Ltd. Vs. Deputy Cit

Court: Chennai

Reported in: (2001)72TTJ(Mad)702

..... arise only if payment of commission to the non resident was chargeable to tax in india according to sri narayanaswamy if the assessee ..... found that sum payable to the non resident was not chargeable to tax there was no need for deduction under section 195 ..... facts of the present case where the assessees claim regarding non chargeability to tax is supported by the circulars issued by the board .....