Cit V S - Judgment Search Results
Commissioner of Wealth Tax Vs. S. Muthukumaraswamy Udayar (Cit V. S. S ...
Court: Chennai
Decided on: Feb-18-1997
Reported in: [1998]232ITR864(Mad)
gifts made by each family within the meaning of the expression considered in the Supreme Court decision in CIT vs . C. M. Kothari : [1963]49ITR107(SC) . According to the ITO, the effect of these transfers by … firm by their respective HUF. The HUF of Subramania Udayar made gifts of Rs. 10,000 on each day, viz., 31st Dec., 1967 and 31st Dec., 1968 to Smt. Kamalthachi, wife of S. Muthukumarasamy Uydar, the assessee's brother;
Commissioner of Income Tax Vs. S. Varadarajan. (Also Cit V. S. Esakki ...
Court: Chennai
Decided on: Mar-05-1996
Reported in: (1997)141CTR(Mad)10
A similar question came up for consideration before the Delhi High Court in K. S. Malik vs . CIT : [1980]124ITR522(Delhi) According to the facts arising in that case, the assessee, a director of a private company, … the Tribunal was justified in holding that the price paid by the assessee for the acquisition of five vehicles from Seethapathy Transports (P) Ltd., at a consideration which is admittedly lower than the true market value, is
Commissioner of Wealth Tax Vs. S. Muthukumaraswamy Udayar (Cit V. S. S ...
Court: Chennai
Decided on: Feb-18-1997
Reported in: (1997)139CTR(Mad)203
gifts made by each family within the meaning of the expression considered in the Supreme Court decision in CIT vs . C. M. Kothari : [1963]49ITR107(Bom) . According to the ITO, the effect of these transfers by … firm by their respective HUF. The HUF of Subramania Udayar made gifts of Rs. 10,000 on each day, viz., 31st Dec., 1967 and 31st Dec., 1968 to Smt. Kamalthachi, wife of S. Muthukumarasamy Uydar, the assessees brother;
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