Deduction - Judgment Search Results

Smt. G. Kamalamba Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (1983)5ITD252(Hyd.)

..... share income from firm what is chargeable to the partner would have necessarily to be deducted deduction to the assessee cannot be disallowed unless such interest is for drawings for personal ..... to tax is agricultural income anti not agricultural receipts from the agricultural receipts must be deducted all expenses which in ordinary commercial accounting must be debited against the receipts there .....

Hillsboro Nat'l Bank Vs. Commissioner

Court: US Supreme Court

..... its shareholders if hillsboro does not recognize income in the amount of the earlier deduction it will have deducted a dividend since the general structure of the corporate tax provisions does not permit ..... flatly rejected the commissioner s position rather than scrutinizing the premises of the prior deduction in the light of subsequent events the court used the subsequent events themselves as its .....

Premier Industrial Drives (P.) Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1984)7ITD800(Mad.)

..... such dividend computed under the provisions of the act by deducting therefrom the deductions specified under section 57 of the act it is ..... computed under the act even though the eligible quantum of deduction or deductions under chapter via may be a larger amount than the ..... that for the purpose of determining gross total income before deduction under section 80hh or other sections of chapter via the .....

income-tax Officer Vs. Shrenikbhai Kasturbhai

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (1983)5ITD242(Ahd.)

..... that income from each source of employment has not to be considered separately and then deductions allowed for each source according to the learned accountant member this section was fully workable ..... of the receipts or incomings from several sources and reducing that total by any definitive deduction provided in the statute thus if an assessee carries on several independent businesses one cannot .....

Ashoka Holdings Ltd. Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (1983)6ITD83(Delhi)

..... turns upon construction of the various provisions relating to the tax deducted at source we may therefore straightaway look to the relevant provisions ..... must be read along with the date on which the deduction is made section 203 envisages every person to furnish a certificate ..... to the person from whose income the tax is deducted at source giving all the necessary particulars these particulars are actually .....

Mueller Vs. Allen

Court: US Supreme Court

..... that state officials must determine whether particular textbooks qualify for the tax deduction and must disallow deductions for textbooks used in teaching religious doctrines is an insufficient basis for ..... over 95 of those students attended sectarian schools although the statute also allows a deduction for the tuition expenses of children attending public schools minnesota public schools are .....

State of Maharashtra Vs. Shrimant Govindrao Narayanrao Ghorpade

Court: Mumbai

Reported in: 1983(2)BomCR487

..... analysis sufficiently answers the government pleader s plea justifying 50 deduction in the compensation payable to the claimant 10 it will ..... above mentioned serious defects in the said evidence 24 the deduction claimed on account of legal expenses and architect s expenses ..... by the learned authors to justify an inference that the deduction for the expenses such an solicitor s costs advertisement expenses .....

Commissioner of Income-tax Vs. New Swadeshi Mills of Ahmedabad Ltd.

Court: Kolkata

Reported in: (1984)39CTR(Cal)220,[1984]147ITR163(Cal)

..... since the liability was created on estimated actuarial valuation the assessee was entitled to the deduction even though the assessee had not made any provision for payment of gratuity in its ..... similar contingent obligations arose from trading there was no rule of law which prevented the deduction of a provision for them in ascertaining annual profits if a sufficiently accurate estimate could .....

Sivakami Finance (P.) Ltd. Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1983)6ITD351(Mad.)

..... to ensure proper recovery of tax without loss of revenue by casting the obligation of deducting tax at source on the person responsible for paying the interest that responsibility continues to ..... burden of proving that there was valid justification on the persons responsible for making the deduction and if there is valid justification crediting of interest to other account is permissible without .....

income-tax Officer Vs. H.M.T. Limited

Court: Income Tax Appellate Tribunal ITAT

Reported in: (1984)8ITD76(Bang.)

..... following figures were submitted name of the division profit before profit 80j relief deduction of after deduction admissible depreciation of depreciation inclusive of and and deficiency investment investment of past ..... allowance on plant and machinery the claim for relief under section 80j even before deduction for current depreciation was however rejected by the commissioner appeals he held that the .....