Earned - Judgment Search Results

Honda Siel Power Products Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2001)77ITD123(Delhi)

..... assessee invests surplus funds for short periods accordingly the idle money was utilised and some earnings were earned which arc purely for the purpose of business therefore they have to be considered ..... that would become part of the capital of new industrial undertaking and therefore any income earned by the capital employed would automatically become the business income of the assessee and it .....

Electro Urban Co-operative Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2001)76ITD43(Kol.)

..... case in madhya pradesh rajya sahakari bank s case supra in the aforecited decision assessee earned interest on securities earmarked against reserve and provident fund cit a held that the assessing ..... accepting savings bank accounts and fixed deposit bank accounts and advancing loans to others thereby earning higher rate of interest resulting in a profit from the banking business in the instant .....

Shveta Rangray and Others Vs. Thapar Institute of Engineering and Tech ...

Court: Punjab and Haryana

Reported in: AIR2001P& H13

..... and interest each course is assigned the credits which the students earn after successful completion of the course regulation 17 a of the ..... students performance and that students who obtain a cgpa and also earn the requisite percentage of credits alone are allowed to continue as ..... were offered in the second semester the subjects in which they earned e grade in the first semester 7 we have given our .....

Electro Urban Co-operative Vs. Income Tax Officer. (ito V.

Court: Income Tax Appellate Tribunal ITAT West Bengal

..... in my opinion also the banking activity entails mainly on earning interest and paying interest resulting in a difference to meet ..... facility to the co operative societies members then the interest earned on the investments which are sought to be disallowed on ..... and fixed deposit bank accounts and advancing loans to others thereby earning higher rate of interest resulting in a profit from the .....

Mandideep Engg. and Packaging Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Indore

Reported in: (2001)77ITD307Indore

..... income from other sources which has been spent wholly and exclusively for the purpose of earning that income in support of his contention the learned senior departmental representative has relied upon ..... between the interest received and the interest paid on borrowed capital which was invested for earning the aforesaid interest income should be done while taxing the interest income as income from .....

Honda Siel Power Products Ltd. Vs. Deputy Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Delhi

..... assessee invests surplus funds for short periods accordingly the idle money was utilised and some earnings were earned which are purely for the purpose of business therefore they have to be considered ..... that would become part of the capital of new industrial undertaking and therefore any income earned by the capital employed would automatically become the business income of the assessee and it .....

J.K. Holdings Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... the learned authorised representative therefore submitted that the interest income earned by the assessee is taxable under the head income from ..... the assessee carried on a business activity the interest income earned on the loans advanced should normally be taxed under the ..... intention to make profit mere fact that some income inevitably earned in the process of carrying on a systematic activity does .....

ito Vs. Smt. Kalavati R. Agarwal

Court: Mumbai

Reported in: (2001)71TTJ(Mumbai)792

..... utilised its commercial assets which were lying in the form of surplus cash for earning interest such earning according to the tribunal arising from utilisation of commercial assets would be business income ..... company utilised its commercial assets which were lying in the form of surplus cash for earning interest the interest arises from the utilisation of commercial assets only and would therefore be .....

Bhag Narayan Ram Vs. Sri Manik Sarkar and anr.

Court: Kolkata

Reported in: I(2001)ACC215,2001ACJ1235,(2000)3CALLT350(HC),[2001(88)FLR722],(2001)ILLJ660Cal

..... on 19th august 1996 and claimed compensation for 100 loss of earning capacity the accident occurred when the truck wb 23 1319 ..... fit to make a provision enabling the assessment of loss of earning capacity of the workman by a qualified medical practitioner and ..... amendment act 22 of 1984 providing for assessment of loss of earning capacity by a qualified medical practitioner is an amendment regulating .....

Samajbadi Society Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Cuttack

..... institution was formed and had conducted its business in printing and publication predominantly for earning profit and not wholly for the avowed charitable cause of developing mass consciousness based ..... and other art craft and science institutes schools and institutions of tamil or sanskrit earning hostels for the benefit of students and generally all kinds of educational institutions whether .....