Court : Income Tax Appellate Tribunal ITAT Guwahati
Decided on : Apr-30-2003
Reported in : (2003)87ITD99(Gau.)
..... : (1) the main issue in this case is in a narrow compass and the determination thereof depends upon the true and correct interpretation of section 10(22) of the it act. section 10(22) of the act, as it stood at the material time, reads as under : in computing the total income of a previous year of any person, any income ..... the assessee viz., cit v. a.p. transport corporation and the surat art silk manufacturers associations' case concerned the exemption of income under sections 11 and 12 of the it act, 1961. section 10(22) of the it act, 1961 requires the institution to exist solely for educational purposes and not for the purpose of profit. the example of the tamil nadu ..... above extent.(35) the other ground of appeal was directed against the upholding by the cit(a) of the order of the ao in levying interest under section 139(8) and section 215 of the act without giving an opportunity of being heard to the assessee.(36) in banshidhar sewbhagowan & co. v. cit (1996) 222 itr 16, 26 (gau) .....
Tag this Judgment!Court : Income Tax Appellate Tribunal ITAT Guwahati
Decided on : Jun-05-2003
Reported in : (2004)88ITD61(Gau.)
..... dated 6-9-92, details of agricultural land along with land pattas and land revenue rules, returns of income filed from year to year, provisions contained in section 171 of the act and various case laws relied on by the assessee huf. the first appellate authority has also observed that not an iota of evidence has been brought on record ..... opinion between the accountant member, and the judicial member, the matter is being referred to the hon'ble president of the income-tax appellate tribunal under section 255(4) of the income-tax act, 1961 with a request that the following question may be referred to a third member or to pass such orders as the president may desire. ..... there is difference of opinion between the members. in view thereof, the issue is referred to the hon'ble president of the income- tax appellate tribunal under section 255(4) of the income-tax act, 1961, for opinion of the third member on the issue which are framed as under :- (1) whether, in view of the facts and circumstances .....
Tag this Judgment!Court : Income Tax Appellate Tribunal ITAT Guwahati
Decided on : Jun-10-2003
Reported in : (2004)267ITR37(Gau.)
..... dt. 6th sept., 1992, details of agricultural land along with land pattas and land revenue rules, returns of income filed from year to year, provisions contained in section 171 of the act and various case laws relied on by the assessee-huf. the first appellate authority has also observed that not an iota of evidence has been brought on record ..... us ?".in these appeals, there is difference of opinion between the members.in view thereof, the issue is referred to the hon'ble president of the tribunal under section 255(4) of the it act, 1961, for opinion of the third member on the issue which are framed as under: (1) whether, in view of the facts and circumstances of the ..... the above, there was a difference of opinion between the two members constituting the bench, a reference was made to the hon'ble president, it tribunal under section 255(4) of the it act for opinion of the third member on the issues which are as under: "(1) whether, in view of the facts and circumstances of the case, when .....
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