Deduction - Year 2016 - Judgments

Mar 04 2016 (HC)

M/S. Singlo (India) Tea Ltd. Vs. Commissioner of Income Tax, Central I ...

Court: Kolkata

Decided on: Mar-04-2016

..... central government the assessee shall subject to the provisions of this section be allowed a deduction such deduction being allowed before the loss if any brought forward from earlier years is set ..... tax rules between agricultural income and non agricultural income should be made after the said deduction is allowed in the computation of composite income briefly stated the facts and circumstances of .....

Tag this Judgment! Ask ChatGPT

Feb 02 2016 (HC)

m/s.karnataka Power Transmission Vs. The Deputy Commissioner Of

Court: Karnataka

Decided on: Feb-02-2016

..... thereof provides that the provision for interest is liable for deduction of tax at source non compliance of the said provision ..... circumstances we have to examine the obligation of the assessee in deducting the tax at source towards the provision of interest made ..... conclusive factor in deciding the right of the assessee claiming deduction the said judgment is squarely applicable to the facts of .....

Tag this Judgment! Ask ChatGPT

Feb 29 2016 (HC)

M/s. IVRCL-KBL (JV) Vs. Assistant Commissioner of Income Tax, Circle-7 ...

Court: Andhra Pradesh

Decided on: Feb-29-2016

..... hand and its constituent sub contractor on the other both seeking credit for the tax deducted at source by the government necessitating retention of these amounts by the revenue till resolution ..... to the limited extent the assessing authority denied credit to the petitioner for the tax deducted at source from their bills by the government the impugned assessment orders rectification orders are .....

Tag this Judgment! Ask ChatGPT

Jun 16 2016 (HC)

The Commissioner of Income Taxc Vs. M/S Ncr Corporation India Pvt Ltd

Court: Karnataka

Decided on: Jun-16-2016

..... excise duty is not the sum given under the permissible deductions under the mercantile method of accounting as stated earlier the ..... the effect of provisions of section 43b providing for certain deductions 21 under the circumstances we find that the distinction as ..... observations and discussion the resultant situation would be that the deduction so claimed and made permissible by the tribunal in the .....

Tag this Judgment! Ask ChatGPT

Apr 07 2016 (HC)

CEAT Ltd. Vs. Central Board of Direct Taxes

Court: Delhi

Decided on: Apr-07-2016

..... refund can be granted only in respect of excess tax deducted and or deductible under section 192 to 194d of the i t act ..... free of any restriction or condition and in particular without any deduction or withholding for or on account of any tax imposed levied ..... procedure for regulating refund of amounts paid in excess of tax deducted at source she also referred to the subsequent circulars that had .....

Tag this Judgment! Ask ChatGPT

Dec 02 2016 (HC)

The Commissioner of Income Tax and Another Vs. Wipro GE Medical System

Court: Karnataka

Decided on: Dec-02-2016

..... by the authorities below that the expenditure is incurred by various units claiming exemption deduction artificial way of allocating is not justifiable the profits of undertaking under section 10a ..... mind which distinguishes section 80hhe from section 80hhc is the head note of deduction section 80hhe allows deductions in respect of profits from export of computer software etc secondly section 80hhc .....

Tag this Judgment! Ask ChatGPT

Dec 09 2016 (HC)

Interbulk Trading SA, Switzerland Vs. Adam and Coal Resources Private ...

Court: Chennai

Decided on: Dec-09-2016

..... prescribed form and that the certificate was required to indicate whether applicable taxes had been deducted at source from such remittances and since there was no clarity as to whether withholding ..... withholding tax had to be paid then remittance would be made to interbulk only after deducting the amount payable towards withholding tax learned counsel thus submitted that despite such clear and .....

Tag this Judgment! Ask ChatGPT

Dec 19 2016 (HC)

Bharti Airtel Ltd. And Anr. Vs.uoi and Anr.

Court: Delhi

Decided on: Dec-19-2016

..... default as it made payments on account of interconnection charges to various foreign entities without deduction of tax under section 195 of the act thereafter an additional show cause notice ..... argued that the basis and or reasoning of not applying the limitation in respect of deduction from non residents on grounds of administrative convenience is arbitrary discriminatory and violative of article .....

Tag this Judgment! Ask ChatGPT

Dec 16 2016 (SC)

C.I.T and Anr Vs. M/S Yokogawa India Ltd.

Court: Supreme Court of India

Decided on: Dec-16-2016

..... the former circular the provision i e section 10a is referred to as providing for deductions whereas the later circular uses the expression exemption while referring to the provisions of sections ..... the learned counsels even if section 10a is understood to be providing for deductions the stage of such deductions would be immediately after computation of profits and gains of business and before .....

Tag this Judgment! Ask ChatGPT

Apr 25 2016 (HC)

Commissioner of Income Tax, Coimbatore Vs. P.V. Chandran

Court: Chennai

Decided on: Apr-25-2016

..... the assessee then notwithstanding anything contained in that section for the purpose of computing the deduction under that section the amount of income of that nature as computed in accordance ..... different from those which prevailed with the tribunal there being no carry forward of allowable deductions under the head depreciation or development rebate which needed to be absorbed against the income .....

Tag this Judgment! Ask ChatGPT

Deduction - Judgment Search Results