Earned - Judgment Search Results

O'Brien and Others (FC) (Appellants) Vs. Independent Assessor (Respond ...

Court: House of Lords

..... a life the maintenance of that life requires expenditure for personal living expenses hence the earnings which the award represents are conditional on personal living expenses having been incurred it ..... making deductions in respect of board and lodging from the wages of prisoners on enhanced earnings schemes four prisoners had brought proceedings for judicial review of the deductions the instruction .....

Assistant Commissioner of Income Vs. Nishith M. Desai

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2008)116TTJ(Mum.)681

..... as the assessee himself has offered reduction of direct expenses from the eligible professional earning and the ao has not identified any other expenses which are directly incurred for ..... gross total income in respect of income however to compute eligible foreign exchange earnings gross eligible foreign exchange earnings are to be reduced by expenses incurred for that purpose when professional .....

Chairman, Employees State Insurance Corporation Vs. Swaminath Singh an ...

Court: Andhra Pradesh

Reported in: 2007(5)ALD166; [2007(115)FLR125]

..... these matters the court below went wrong in assessing the earning capacity far beyond the extent of disability which the injured ..... means such disablement of a permanent nature as reduces the earning capacity of an employee in every employment which he was ..... permanent total disablement as is proportionate to the loss of earning capacity as assessed by the qualified medical practitioner permanently caused .....

Sujay Trading Pvt. Ltd. Vs. Joint Commissioner of Income Tax,

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... expenses was disproportionate increase during the year under consideration vis is assessee s activity of earning interest since the details were already there before the ao further remanding the matter back ..... about commencement of new business the learned judicial member has given following findings the income earned by the assessee will be taxed under the head income from business or profession .....

Galileo International Inc. Vs. Dcit

Court: Income Tax Appellate Tribunal ITAT Delhi

..... the remand proceedings the expenses under the following heads as allowable business expenditure incurred for earning income from indian operations 1 marketing expenses para 5 1 of the cit a order ..... gains and some activity in the taxable territories which contributes directly or indirectly to the earning of those profits or gains it predicated an element of continuity between the business of .....

Amadeus Global Travel Vs. Dy. Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2008)113TTJ(Delhi)767

..... gains and some activity in the taxable territories which contributes directly or indirectly to the earning of those profits or gains it predicates an element of continuity between the business of ..... is communicated the result of the activity performed it cannot be said that the appellant earns income by virtue of installation of computers and providing telecommunication network to the travel agents .....

Kisan Discretionary Family Trust Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2008)113TTJ(Ahd.)918

..... the expenditure has been incurred to meet with statutory obligations which is very essential for earning income under the head income from other sources your good office have referred to accounting ..... out of commercial expediency and are definitely expenditures incurred for the purpose of making or earning of income further the expenditure incurred is not in the nature of capital expenditure or .....

First Global Stockbroking (P) Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2008)115TTJ(Mum.)173

..... s contention that the assessee initially conducts transaction in stock exchange on its own account earning profits and subsequently these transactions are shown to have taken place on behalf of ..... inference and reappreciated the transaction they have calculated the notional profit alleged to have been earned by the assessee thus taking into consideration all the facts and circumstances we allow this .....

Asstt. Cit, Rg. 4(1) Vs. Claridges Investments and

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... assessing officer to show that any expenditure was actually incurred in earning dividend income the tribunal held that nothing could be disallowed ..... that no expenditure was separately incurred for the purpose of earning such income as long as there was exempt income and ..... in this respect is put beyond debate as respects the dividend earned on shares acquired for trading purposes by the judgment of .....

Aztec Software and Technology Vs. Acit

Court: Income Tax Appellate Tribunal ITAT

Reported in: (2007)107ITD141(Bang.)

..... by reference to the cost plus mark up with the supplies of functional similarity earned in a comparable uncontrolled transaction cost plus method is adopted in situations where comparable ..... comparable uncontrolled transactions where this is not possible the net margin that would have been earned in comparable transactions by an independent enterprise may serve as guide 145 the departmental .....