Disallow - Judgment Search Results

South Eastern Coalfields Ltd. Vs. Jt. Cit

Court: Income Tax Appellate Tribunal ITAT Nagpur

Reported in: (2002)77TTJ(Nag.)401

..... the learned departmental representative submitted that the decision of the learned commissioner appeals in disallowing the claim of the assessee for deduction on account of provision made for interim ..... of commercial expediency and the learned commissioner appeals was not justified in confirming the disallowance of the same made by the assessing officer we therefore reverse his impugned order .....

South Eastern Coalfields Ltd. Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Nagpur

Reported in: (2003)260ITR1(Nag.)

..... the said expenditure incurred by the assessee on rehabilitation as capital in nature accordingly he disallowed the deduction claimed by the assessee on this count for this conclusion he also derived ..... resultant asset the expenditure was allowable as a revenue expenditure he therefore urged that the disallowance made by the revenue on this count treating the expenditure as capital expenditure may be .....

Meenakshi Synthetics (P) Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Lucknow

Reported in: (2003)84ITD563Luck

..... to the bank and interest recovered from the directors the tribunal however deleted the disallowance on reference the disallowance of interest was upheld by the hon ble high court by observing as ..... account of utili2ation of fund for non business purposes and if it exceeds the proportionate disallowance can be made the ahmedabad bench of tribunal in the above mentioned case placed reliance .....

S.A. Builders Ltd. Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2003)86ITD58(Chd.)

..... as made before the assessing officer were reiterated however the commissioner appeals upheld the disallowance on the ground that assessee failed to produce any evidence from the parties that ..... apart from the judgments relied upon by the assessing officer in making the impugned disallowance the learned departmental representative further relied on the below mentioned judgments i indian metals .....

Bajaj Auto Limited Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2004)90ITD153(Mum.)

..... itr 485 sc we accordingly direct the ao to recompute the disallowance under section 40a 5 of the act excluding the remuneration paid ..... employees and considered 75 of the expenditure for working out the disallowance under section 37 2a of the act however the entire ..... have been delivered after the date of assessment order and the disallowance has to be recomputed in the light of those binding decisions .....

Mehar Projects India (P) Ltd. Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)89TTJ(Chd.)1004

..... learned assessing officer b that without prejudice to above the appellant disputes the quantum of disallowance upheld as excessive 3 a that the learned commissioner appeals is not justified in ..... learned counsel submitted that commissioner appeals was not justified in sustaining the addition as regards disallowance of rs 64 690 learned counsel submitted that the assessee could not produce the wage .....

Network Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2003)84ITD67(Delhi)

..... as the revenue authorities had allowed proportionate expenditure incurred towards the debenture portion and disallowed the balance amount attributable to the shares portion we are of the considered ..... the revenue authorities had by allowing proportionate expenditure incurred towards the debenture portion and disallowing the balance attributable to the share portion had acted in accordance with law .....

Dy. Cit Vs. Assam Industrial Development Corpn. Ltd.

Court: Guwahati

..... facts stated above in our considered opinion the commissioner appeals was justified in deleting the disallowance of interest pertaining to the advances made out of non interest bearing fund of ..... him to ascertain that the same were business expenses the commissioner appeals confirmed the above disallowance before us it was submitted that the assessee during the year under consideration completed its .....

Harbanslal Aurora Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2000)82ITD1(Pune.)

..... the information available in such return accounts or documents is prima facie inadmissible shall be disallowed in the present case we are concerned only with the third circumstance since the dispute ..... an expenditure incurred wholly and exclusively in connection with such transfer then it cannot be disallowed merely on the ground that the assessee had not specifically stated the head under which .....

Harbanslal Aurora Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2002)82ITD1(Pune.)

..... the information available in such return accounts or documents is puma facie inadmissible shall be disallowed in the present case we are concerned only with the third circumstance since the dispute ..... an expenditure incurred wholly and exclusively in connection with such transfer then it cannot be disallowed merely on the ground that the assessee had not specifically stated the head under which .....