Earned - Judgment Search Results

Shanker Lal Ved Prakash Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

..... expended wholly and exclusively for the purposes of making or earning such income the nexus with income and that of expenditure ..... was incurred wholly and exclusively for earning the income were essential ingredients of the section he also ..... as well as the learned departmental representative the appellant has earned certain dividend income on the units purchased by it which .....

Smt. Madhu Chawla and anr. Vs. Delhi Development Authority and anr.

Court: Delhi

Reported in: 82(1999)DLT7; 1999(51)DRJ594; 1999RLR558

..... dda to issue the demand note for payment of un earned increase and the no objection certificate expeditiously simultaneously vide their ..... debtsrecovery tribunal could not go into the question of un earned increase payable by thepetitioners in respect of the subject plot ..... booklet containing guidelines on simplified procedure for calculation of un earned increase due to the dda according to the learned .....

Jme Employees Co-operative Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Jaipur

Reported in: (2000)73ITD296(JP.)

..... are exempted where an assessee has maintained a composite account of the expenses incurred for earning the taxable as well as exempted income the expenditure has to be apportioned after observing ..... representative that the assessee has borrowed funds from outside sources and paid more interest than earned therefore there was no surplus funds with the assessee the funds collected from the members .....

Petroleum India International Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2000)241ITR43(Mum.)

..... available to the foreign enterprise technical and professional services expertise of which it possesses for earning foreign exchange for the country 42 we have therefore no hesitation in accepting the ..... need not necessarily be achieved by granting deductions with reference to the gross foreign exchange earnings the objectives could be achieved by providing some incentive it is for the legislature .....

Harshad P. Mehta and Others Vs. Competent Authority

Court: Income Tax Appellate Tribunal ITAT IT

Reported in: (1999)238ITR79ITAT

..... out of the country through hawala channels and that he earned crores of rupees out of his illegal activities and hence ..... made to the inspecting officer that the major source of his earnings was through commission received from hawala activities which has gone ..... detenus the property acquired by him by means of income or earning by contravening the provisions of law is illegally acquired properties .....

Commissioner of Income-tax Vs. Amritaben R. Shah

Court: Mumbai

Reported in: [1999]238ITR777(Bom)

..... obtain controlling interest in the company the immediate purpose of acquisition of shares was to earn income from dividends the tribunal accepted the above contention of the assessee and held that ..... not be regarded as expenditure incurred wholly and exclusively for the purpose of making or earning income from other sources we have carefully considered the above submissions section 57 sets out .....

Pink Star Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2000)72ITD137(Mum.)

..... imports control order 1955 on exports effected by it thus assessee earned this incentive on fulfilling its export obligation the licences could ..... under the import export policy of the government is an incentive earned by the exporter this incentive could not be put to ..... by the high court by observing as follows however while interest earned by investing borrowed capital in short term deposit is an .....

Hollyhock Engineering (P) Ltd. Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

..... ao the said profit belonged to the assessee company although the profit earned by val and viil has been shown by them in their respective ..... in the assessment order that because the transaction is illegal the profit earned by vil val must be deemed to be that of the ..... the ao in view of the alleged illegality or impropriety the profits earned by vil val on transfer of shares really belonged to the .....

Blue Dart Express Ltd. Vs. Joint Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2000)75ITD414(Mum.)

..... furnishing of commercial information by using its skills technology equipments and communication facilities for earning their fees in foreign exchange under the agreement in support of the various contentions ..... outbound shipment and international inbound shipments inbound shipment in respect of which it earned foreign exchange the technical and other aspects of the above activities were also explained .....

Sangeeta Vs. Ved Parkash

Court: Punjab and Haryana

Reported in: I(2000)DMC470

..... application that the husband was a registered medical practitioner and was earning more than rs 10 000 per month 4 this application was ..... stated that there were some unavoidable factors which prevented him from earning higher amount during the course of hearing it was also stated ..... therefore it is not possible to believe that a doctor cannot earn an amount more than a skilled labourer i would have no .....