Derived From - Judgment Search Results

Micoperi S.P.A. Milano Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2002)82ITD369(Mum.)

..... legislature has directly used the expression attributable to having a wider import than the expression derived from thereby intending to cover receipts from services other than actual conduct of the ..... rendering services for the prospecting of or extraction or production of mineral oil therefore the derivation of income is directly connected with the three activities therefore the income has been .....

Assistant Commissioner of Vs. Gallium Equipment (P.) Ltd.

Court: Income Tax Appellate Tribunal ITAT Delhi

..... observe that the legislature has deliberately used the expression attributable to and not the expression derived from it cannot be disputed that the expression attributable to is certainly wider in ..... of industrial undertaking the fact that the legislature has used the expression profits and gains derived from the industrial undertaking has some significance and it connotes that the immediate and .....

Shiva Shankar Granites (P) Ltd. Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2002)81ITD106(Hyd.)

..... electricity board even though made out of the statutory compulsion cannot be regarded as profit derived from industrial undertaking and so cannot be taken into account in computing the special ..... observe that the legislature has deliberately used the expression attributable to and not the expression derived from it cannot be disputed that the expression attributable to is certainly wider in import .....

Assistant Cit Vs. Gallium Equipment (P) Ltd.

Court: Delhi

Reported in: (2001)73TTJ(Del)130

..... of industrial undertaking the fact that the legislature has used the expression profits and gain derived from the industrial undertaking has some significance and it connotes that the immediate and ..... earned on the fdrs purchased under the business compulsion of the assesseds industrial undertaking was derived from the said undertaking case would have been certainly different if assessed was having .....

In Re: Xyz/Abc, Equity Fund

Court: Authority for Advance Rulings

..... is available about such companies the main source of information is derived from the legal and accounting due diligence carried out by the ..... place of effective management of the enterprise is situated 4 gains derived by a resident of a contracting state from the alienation of ..... wide amplitude and impose a tax on income of every person derived during the preceding year 22 the applicant company which is .....

Deputy Commissioner of Vs. Metro Tyres Ltd.

Court: Income Tax Appellate Tribunal ITAT Delhi

..... with industrial undertaking and accordingly such income cannot be excluded while computing the profits derived from industrial undertaking consequently it was argued by him that sales tax refund duty ..... activity of such industrial undertaking and accordingly the same forms part of the income derived from such industrial undertaking the order of cit appeals is therefore upheld with reference .....

Pearl Polymers Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

..... under s 80hhc 1 was 50 per cent of the profits derived from exports 7 subsequently however an additional ground was raised ..... the resultant amount alone shall be deemed to be the profit derived from export turnover another important departure of section 80hhc compared ..... turnover irrespective of the source from which the domestic turnover was derived provided it is in respect of profits and gains of .....

United Phosphorus Limited Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

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

..... counsel contended that deductions under sections 80 i and 80 la is eligible on profits derived from new industrial undertakings and there is no provision which provides for restricting such deduction ..... claim for grant of deduction under sections 80 i and 80 ia on the profits derived by the eligible industrial undertakings without deducting depreciation therefrom the assessee also submitted before the .....

British Airways Plc. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2002)80ITD90(Delhi)

..... mike rawlings corporate tax manager of british airways appeared and was told that the income derived from engineering technical handling was taxable in india as a consequence of the aforesaid meeting ..... the source country in view of the aforesaid the cit appeals held that the income derived from rendering engineering services ground handling services to aircraft of other airlines was not exempt .....

inductotherm (India) Ltd. Vs. Dy. Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2002)75TTJ(Ahd.)728

..... learned counsel could not show any material to prove that such commission income was derived by the assessee from activities of the industrial undertaking the learned senior departmental representative ..... business of the industrial undertaking hence the interest could not be treated as income derived from an industrial undertaking for purposes of relief under section 80hh the aforesaid judgments .....