Deduction - Judgment Search Results

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 .....

Eveready Industries India Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT West Bengal

..... trading liability apart from considering the question as to whether the payment is allowable as deduction in the year under consideration since the quantification of the payment did not crystallise ..... operated by the assessee company it was therefore submitted that the expenditure is allowable as deduction against the profits of the assessee company 54 on the other hand ld departmental representative .....

Core Health Care Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2001)70TTJ(Ahd.)490

..... entry will not be decisive or conclusive in relation to allowability of a particular deduction the deductibility of an expenditure will depend on the relevant provision of law as has ..... return as an afterthought thereafter the commissioner appeals discussed the question relating to the deduction of expenditure of salaries wages travelling expenses telephone and telex expenses professional fees lease .....

Secure Meters Ltd. Vs. Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Jodhpur

..... current year without setting off the brought forward losses and allowances once the deduction is computed that deduction shall be restricted to profits and gains of business or profession computed after ..... is included in the git consequently the controversy regarding the allowance and computation of deduction on different amounts gets automatically settled as the basis for working out the computation .....

Core Health Care Ltd. Vs. Deputy Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

..... entry will not be decisive or conclusive in relation to allowability of a particular deduction the deductibility of an expenditure will depend on the relevant provision of law as has been ..... insurance company for insuring deferred payment of the purchase consideration of machinery was an admissible deduction under s 37 179 the learned senior departmental representative has also placed reliance on .....

B. Shylaja Vs. Dy. Cit

Court: Income Tax Appellate Tribunal ITAT Cochin

Reported in: (2001)79ITD103(Coch.)

..... the assessment year 1986 87 making the following claims the necessary formalities for claiming the deductions have also been complied with it is humbly requested that the proceedings under reference may ..... hence the appellant cannot invoke section 154 and require the assessing officer to allow deduction under section 80hhc accordingly i hold that the assessing officer was justified in rejecting the .....

Smt. B. Shylaja Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Cochin

..... the assessment year 1986 87 making the following claims the necessary formalities for claiming the deductions have also been complied with it is humbly requested that the proceedings under reference may ..... hence the appellant cannot invoke section 154 and require the assessing officer to allow deduction under section 80hhc accordingly i hold that the assessing officer was justified in rejecting the .....

ipca Laboratories Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2002)81ITD422(Mum.)

..... export turnover of trading goods in favour of supporting manufacturers the profit otherwise eligible for deduction under the main provision is to be further reduced by applying the formula contained in ..... that in assessment year 1983 84 there was no provision for supporting manufacturers getting the deduction hence according to learned counsel decision reported at sea pearl industries no 1 case supra .....

S.M. Sundaram Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (2003)84ITD199(Mad.)

..... the assessment of the firm in the computation all deductions including the deduction under section 48 2 were allowed section 48 2 ..... the partner there was no question of again allowing the deduction aggrieved with the finding of the appellate authority the ..... with the learned counsel for the assessee that previously when deduction was allowable under section 80t the legislature intentionally provided in .....

Associated Cement Co. Ltd. Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2000)74ITD369(Mum.)

..... prescribes a particular situation viz that when the company fails to deduct or after deducting fails to pay the tax it shall be deemed to ..... 93 the assessee had paid salaries to its employees and had deducted tax at source on the basis of estimated incomes of the ..... provisions cast an obligation on the payers of certain incomes to deduct tax at source however this does not denude the primary charge .....