Earned - Judgment Search Results

Brown Vs. Legal Foundation of Wash.

Court: US Supreme Court

..... and added thus as cost effective subaccounting services become available making it possible to earn net interest for clients on increasingly smaller amounts held for increasingly shorter periods of ..... mistakenly placed into the iolta account client funds that could have generated net earnings independently thus rendering even the court s first theory factually inapplicable compensation would still .....

Dcit Vs. S.G. Investments and Industries

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2004)89ITD44(Kol.)

..... to its indivisible business activities comprising of dealing in papers shares securities etc and the earning of dividend cannot be identified as an independent business activity and so apportionment of ..... taxable business income the pro rata expenses on account of interest as relatable to earning of exempted dividend income and appropriating the same against exempted dividend income is justified .....

Oriental Insurance Company Vs. M. Usharani and ors.

Court: Chennai

Reported in: (2003)3MLJ530

..... rs 2 lakhs in all under the head of loss of earning transport to hospital extra nourishment damage to cloth and articles ..... 30 000 towards permanent disability rs 40 000 towards loss of earning capacity this quantum is being challenged vehemently by the counsel ..... claimed rs 6 lakhs under various heads such as loss of earning cost of private treatment additional transport expenses compensation for pain .....

Deputy Commissioner of Vs. Mira Industries

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2003)87ITD475(Ahd.)

..... for procuring bank guarantee and obtaining overdraft facilities thereagainst the interest on deposit was earned in the course of carrying on the business of industrial undertaking and was eligible ..... and effective source of interest income is the deposit the sequence of events of earning interest suggests that industrial undertaking is degrees away from the effective source industrial undertaking .....

Assistant Commissioner of Vs. Shri Debajit Bezbarua

Court: Income Tax Appellate Tribunal ITAT Guwahati

Reported in: (2004)89ITD387(Gau.)

..... apportioning or application of his income the accrual of income or earning of income by the appellant precedes the act of surrender ..... is application of income and not diversion by overriding title because earning preceded surrender but the term surrender is used by the ..... apportionment or application of his income the accrual of income or earning of income by the assessee precedes the act of surrender .....

The Madras High Court Staff Association, Represented by Its Secretary, ...

Court: Chennai

Reported in: (2004)1MLJ223

..... of the maximum qualifying service that had been provided for to earn full pension right from the period october 1970 up to ..... the pensioners who retired prior to the specified date had to earn pension on the average emoluments on 36 months salary just preceding ..... financial unsustainability the accrued rights of the petitioners for encashment of earned leave which was prevailing at the level of 330 days .....

Om Prakash Suresh Kumar Vs. Asstt. Cit

Court: Delhi

Reported in: (2004)91TTJ(Del)193

..... kumar was alone dealing in under had business transactions and earning the money without involvement of other three partners 16 next ..... pointed out that after 30 11 1992 there was no earning of undisclosed income out of premium and the business of ..... of india deli censed the milk business which was source of earning undisclosed income after that volume of moneylending business also substantially .....

Vidarbha Irrigation Development Vs. Additional Commissioner of

Court: Income Tax Appellate Tribunal ITAT Nagpur

Reported in: (2005)93ITD184(Nag.)

..... the business of the assessee was not investing funds and earning interest secondly there was no business compulsion or inextricable link ..... otherwise the borrowings were not made to make investments and earn interest from them the borrowed amounts kept in short term ..... the period prior to commencement of business if the assessee earns some income from utilization of the business assets and such .....

Mafatlal Holdings Ltd. Vs. Additional Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2004)85TTJ(Mum.)821

..... had carried out activities of the nature of purchase and sale of shares and earned dividend income and had also incurred various business expenditures like legal and professional expenses ..... of shares of different companies in order to acquire controlling interest not only for earning dividends but for managing administering financing and rehabilitating companies under control would be allowable .....

Punjab Tractors Ltd. Vs. Dy Cit

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)89TTJ(Chd.)439

..... officer that interest income from deposits in the bank was earned by utilizing the surplus funds however the assessing officer was ..... because the issue before the supreme court was whether interest earned on money deposited to open a letter of credit for ..... undertaking but for payment of interest the assessee would have not earned profit from export of goods or even indigenous business therefore .....