Deduct - Judgment Search Results

Niraj Petrochemicals Ltd. Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Hyderabad

..... done so it was rightly treated as assessee in default in respect of the tax deducted deductible on the payments made towards basic engineering 40 the next issue that arises for consideration ..... under s 201 treating the indian company as assessee in default in respect of tax deducted deductible on the sums remitted to foreign company towards engineering fees and levying of interest under .....

United Phosphorus Ltd. Vs. Joint Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2002)81ITD553(Ahd.)

..... here to refer to some of the provisions which specifically provide for grant of deduction amortization in relation to capital expenditure incurred for certain specified activities section 35a ..... necessarily implies that profits of such eligible new industrial undertakings will have to be deducted by the amount of depreciation attributable to depreciable assets of the respective industrial .....

United Phosphorus Limited Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2001)73TTJ(Ahd.)404

..... amount of premium on leasehold rent should be allowed and in the alternative proportionate deduction should be allowed as stated hereinabove shri girish dave the learned commissionerdepartmental representative ..... to refer to some of the provisions which specifically provide for grant of deduction amortization in relation to capital expenditure incurred for certain specified activities section 35a .....

Abn Amro Bank Nv Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2005)96TTJ(Kol.)1041

..... june 1994 providing exemption from penalty and prosecution to those employers who paid the tax deducted deductible at source by the specified date in the circular the said circular is quoted for ..... rival submissions there is no dispute as to the allowability of the remuneration and tax deducted deductible at source as revenue expenditure both the members have agreed on this point and in .....

Punjab State Industrial Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2007)292ITR268(Chd.)

..... has put in category a cases where proportionate management expenses are not to be deducted while computing deduction under section 80m of the it act according to him the view is supported by ..... whereas in the provision under consideration there is restriction or conditions are attached for allowing deduction the deduction can be allowed only if conditions are satisfied for purpose of section 80m the .....

Commissioner Vs. Estate of Hubert

Court: US Supreme Court

..... her position the regulation says 105 the value for the purpose of the marital deduction of any deductible interest which passed from the decedent to his surviving spouse is to be determined ..... its first sentence recites with t he value for the purpose of the marital deduction of any deductible interest which passed from the decedent to his surviving spouse emphasis added a materiallimita .....

Core Health Care Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

..... below the assessee further submitted revised working of capital employed for the purpose of deduction under section 35d as under the assessing officer after considering the submissions of the ..... has held that the entire expenditure for raising partly convertible debentures is an allowable deduction as revenue expenditure if the partly convertible debentures are not converted into equity shares .....

Van Oord Acz India (P) Ltd. Vs. Acit

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2008)112ITD79(Delhi)

..... section 195 1 the same cannot be avoided unless nil deduction or deduction at a lower rate is authorized by the assessing officer ..... service providers was irrelevant for determining the appellant s obligation to deduct tax at source from the aforesaid amount reimbursed by the ..... and permits allowances in the year in which tax is deducted at source and thus provisions of indo netherlands dtaa cannot .....

income Tax Officer Vs. Emrald Construction Co. (P) Ltd.

Court: Income Tax Appellate Tribunal ITAT Jodhpur

Reported in: (2008)304ITR338(Jodh.)

..... not agreeing all the payees also assured the assessee company that they would file non deduction certificate after obtaining from their assessing authorities the assessee had debited the accounts of the ..... into consideration various factors the interest is chargeable on the amount of tax to be deducted in case the chargeable tax at source increases or decreases the interest amount varies accordingly .....

Deputy Commissioner of Income Tax Vs. Glaxo Smithkline Consumer

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2007)107ITD343(Chd.)

..... not bring out the true intent and purpose of section 43b an expense becomes deductible or non deductible in the light of the enabling provisions like sections 32 36 37 etc section ..... the contention of the revenue authorities that the expression otherwise allowable under this act means deduction available only for the year of incurring liability is without any basis the correct interpretation .....