Co Ltd V Ito - Judgment Search Results

income-tax Officer Vs. Dwarka Prasad. (Dwarka Prasad V. Ito).

Court: Patna

of the Act. The Honble Patna High Court in the case of Addl. CIT v. Bahri Bros. (P) Ltd. : [1985]154ITR244(Patna) have laid down that if the loan transaction is routed through bank channels, i.e., the account … was doing separate business and was separately assessed to income-tax by the ITO, A Ward, Gaya, and he should be called upon to explain the … shall first take up assessees appeal.ITA No. 352/Pat/1989 :2. Ground Nos. 2 and 3 state that the Appellate Commissioner (A/C) erred in confirming the deposit by Smt. Girja Devi of a sum of Rs. 18,000 treating it

Assistant Commissioner of Income Tax Vs. Narang Hotels and Resorts (P) ...

Court: Mumbai

Reported in: (1998)60TTJ(Mumbai)524

company. The Supreme Court in Marshal Sons & Co. (I) Ltd. vs. ITO (1996) 89 Taxman 619 had on occasion to consider the date from … is not in dispute is given hereunder. The assessee, who used to be known as Sudarshan International Pvt. Ltd., was carrying on the business of hotels and had been following the accounting year 1st of August to … the assessee relating to the same assessment year are grouped together and are being disposed of by this common order for the sake of facility.2. The grounds raised in the appeal filed by the Department read as … He ought to have sustained addition to the extent of its scrap value or sale price on estimated basis.(4) directing that the income of NMPL

Assistant Commissioner of Income Tax Vs. Alpana Investments (P) Ltd. ( ...

Court: Mumbai

Reported in: (1994)48TTJ(Mumbai)525

CIT, setting aside the assessment order for asst. yr. 1984-85 in so far as it related to the computation of income chargeable under the head capital gains and directing the ITO to make a fresh assessment after … Assessing Officer has observed in the assessment order that the assessee was holding 94,800 shares of Maheshwari Mills Ltd., on which the assessee got right to subscribe 47,400 convertible debentures issued by Maheshwari Mills Ltd. The assessee … gains and directing the ITO to make a fresh assessment after properly verifying all the relevant facts and circumstances, in accordance with law. Subsequently a

income Tax Officer Vs. B. D. Traders, (Also B.D. Traders V. Ito).

Court: Allahabad

Reported in: (1993)45TTJ(All)87

being carried on by them. Since the learned ITO on the basis of R. C. Mitter & Sons vs . CIT : [1959]36ITR194(SC) , had some doubt about the genuineness of the firm, required the assessee to … ORDERS. S. MEHRA, J. M. :These matters are consolidated for being disposed of by a single order for the sake of convenience.2. To start with, we take

Assistant Commissioner of Income Tax Vs. Shyam Lal Saraf (Also Shyam L ...

Court: Delhi

Reported in: (1993)46TTJ(Del)385

ORDERR. M. MEHTA, A.M. :These are cross-appeals directed against the order passed by the CIT(A) raising for our consideration the common issue of penalty imposed on the assessed by the ITO under S. 271(1)(c) and on further … acquisition of a silver bar by her and in the ultimate analysis accepting that a part of it vis. to the extent of 29.960 kgs. stood established. A reference was also made to the gold ornaments owned

Akshay Finance and Trading Co. Vs. Income Tax Officer. (Also Arihant I ...

Court: Delhi

Reported in: (1993)46TTJ(Del)630

in the light of decision of Kerala High Court in the case of CIT vs. Amalgamated Tea Estate Co. Ltd. (1970) 77 ITR 454 which in turn followed the decision of the Supreme Court in the case of … appeals is that the CIT(A) erred in confirming the action of the ITO imposing additional tax under S. 104 of the IT Act, 1961. While … losses, availability of surplus money, reasonable requirements of future and other similar considerations. Reliance was also placed on various case law cited in the order of the CIT(A). However, the CIT(A) rejected the contention of the assesseds

income Tax Officer Vs. Late Shri Jawahar Lal JaIn (Smt. Archana JaIn V ...

Court: Delhi

Reported in: (1994)48TTJ(Del)653

are directed against the orders of the learned CIT(A), Agra dt. 17th Aug., 1990. As the issue is common, for the sake of convenience, these are disposed of by a single order.2. The facts briefly are that … full. He held that no satisfactory Explanationn was given in respect of source of acquisition of the jewellery valued at Rs. 1,03,065 found at the residence. He, accordingly, added the same in the hands of the husband

income Tax Officer Vs. Food Specialities Ltd. (Food Specialities Ltd. ...

Court: Delhi

Reported in: (1994)48TTJ(Del)621

manufacture' but did not form part of the cost of manufacture;(i) That the Tribunal decisions in Hindustan Computers Ltd. v. ITO (supra), Durametalic (India) Ltd. vs. IAC (1991) 38 ITD 211 (Mad), Southern Asbestos Cement Ltd. v. Dy. CIT … not include excise duty;(k) That the decision of the Hon'ble Supreme Court in the case of McDowell & Co. Ltd. vs. CTO : [1985]154ITR148(SC) was not an authority for the proposition that cost of manufacture/production include excise duty

Apogee International Ltd. Vs. Union of India and anr. (Anil Kapoor V. ...

Court: Delhi

Reported in: (1997)137CTR(Del)93

Matched in: Parties Apogee International Ltd. Vs. Union of India and anr. (Anil Kapoor V. Ito and Anr).

Dr. Gurmeet Singh V Ito

Court: Rajasthan

Reported in: (2004)89TTJ(NULL)362

ORDERS.R. Chauham, J.M.This is an appeal by assessee for assessment year 1989-90 directed against the order of Commissioner (Appeals), Jodhpur dated 24-1-1997.2. I have heard the arguments of both the sides and also perused the records … addition of Rs. 50,650 made by the assessing officer in the cost of construction on the basis of valuation report of AVO. The learned authorised representative of assessee has contended that the assessee has maintained regular books