Convert - Judgment Search Results

Network Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2003)84ITD67(Delhi)

..... to the debentures were rightly allowed by the ao whereas the proportionate expenses incurred towards convertible portion into shares could not be allowed as deduction 7 we have considered the rival ..... the controller of capital issues while granting permission had referred to the issue of partly convertible debentures and not shares and attention was also drawn to the allotment advice allotment money .....

Asian Hotels Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2002)81ITD127(Delhi)

..... to the services provided to foreign tourists and receipt in relation thereto in convertible foreign exchange the term convertible foreign exchange was explained in expln b to the section 80hhd to ..... exchange regulation act hereinafter referred to as fera act 1973 with reference to the term convertible foreign exchange and government notification dt 20th aug 1981 dealing with the payments in foreign .....

Sebi Vs. Vls Finance Ltd.

Court: SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... price of ocntw by the promoters would in no way change them from optionally convertible into compulsorily convertible warrants 22 the lead manager to the issue was sbi capital markets ltd ..... amongst the listed finance companies booming primary market etc moreover as the warrants were optionally convertible no investor could be induced by options available to the promoters the disclosures regarding .....

Eimco-kcp Ltd. Vs. Commissioner of Central Excise

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Tamil Nadu

Reported in: (2002)(84)ECC307

..... required by a driven shaft and that certain automobiles with automatic transmission use torque converters they explained after noting the definitions that if a device which merely produces rotatory ..... point will be covered by transmitting we should understand torque converter as converted into torque instead of understanding it as converting one level of torque to another in the circumstances the .....

East West Rescue (P) Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2002)81ITD160(Delhi)

..... purely a professional or technical information or which the appellant receives the payment in convertible foreign exchange from foreign enterprises it was also argued that such technical information supplied ..... purely of a professional and technical nature for which the payment was received in convertible foreign exchange from the foreign enterprises vii that such technical information supplied by the .....

Salim Akbarali Nanji and ors. Vs. Union of India (Uoi) and ors. and De ...

Court: Mumbai

Reported in: 2003(2)ALLMR278; 2003(2)BomCR557; [2003]113CompCas141(Bom); [2003]48SCL1(Bom)

..... granted otherwise the petitioners would suffer irreparable loss and that the entire society would be converted into a company which cannot be undone subsequently as against this learned counsel for the ..... companies act defines joint stock company and nowhere contemplates that an incorporated society can be converted into a company or that a joint stock company includes a co operative society or .....

Shakti Insulated Wires Ltd. Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2003)87ITD56(Mum.)

..... learned counsel for the assessee submitted that the land which was converted into stock in trade was with various restrictions as per the ..... two letters referred to above clearly show that the assessee had converted the land into stock in trade and had intention of ..... that these developmental rights were non existent when the land was converted into stock in trade cannot be upheld because these rights .....

Mountview Exports Pvt. Ltd. and anr. Vs. Commissioner of Income-tax an ...

Court: Kolkata

Reported in: (2002)178CTR(Cal)517,[2002]258ITR46(Cal)

..... extensions were allowed to the petitioner for more than two years to bring in the convertible foreign exchange the distinguishing feature therefore contends mr talukdar is that during the said period ..... filed much after two years from the end of the relevant assessment year besides the convertible foreign exchange was brought in much beyond the period limitation prescribed under section 153 within .....

Octavius Steel and Co. Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2002)83ITD87(Kol.)

..... measuring 914 sq mt was transferred from the investment account and converted into assessee s stock in trade during the accounting year ended ..... was enacted for computing capital gains in respect of transfer of converted asset into stock in trade of a business it has been ..... out of such transfer in the present case the asset was converted into stock in trade before 1st april 1985 even assuming that .....

Smt. Aruna A. Bhat Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2002)81ITD218(Pune.)

..... business or is nothing but a device or ruse to convert the personal asset into money substantially for the benefit of ..... even otherwise the only intention in creating the partnership was to convert their interest in the land into money without paying tax ..... could be said that it was merely a colourable device for converting asset into money which would substantially remain available for assessee .....