Court : Kolkata
..... be admitted. let the appeal be heard on the following questions which have been reframed: 1. whether the tribunal was justified in law in holding that the amendment of section 50c of the income tax act, 1961 by the finance (no.2) act, 2009 was retrospective and section 50c was applicable in the appellant s case ?. 2. whether and in any event, having held that ..... section 50c was applicable the tribunal should have remanded the matter to the commissioner of income tax (appeals) for determination of the value to be adopted for computing capital gains particularly .....
Tag this Judgment!Court : Kolkata
..... assessee. therefore, it is crystal clear that the arguments made by the ld.counsel for the assessee has to be accepted in the light of the explanation given in sec.73 of the act as has been elaborately discussed at length during the cours.of the hearing. accordingly, we hold that the department has no case and as such the order of ..... was made to the finding of the cit(a) that the appellant has inadvertently shown such income as commission on sales whereas the ao has treated the income from such financing as income from business rejecting the appellant s contention that such income has been derived by way of interest/lc facility charges from the business of banking, granting of loans .....
Tag this Judgment!Court : Kolkata
..... of the case the tribunal was justified in law to allow the claim of deduction made under section 80-1a of the said act without considering the explanation to sub-section 13 of section 80-1a of the said act as substituted by finance (2) act, 2009. iii) whether on the facts and in the circumstances of the case the tribunal was ..... justified in law to set aside the order passed by the c.i.t.under section 263 of the said act on ..... the impugned assessment year i.e.2009-2010 did not satisfy the twin conditions required for invoking the revisionary jurisdiction under section 263 of the said act, in so far as its claim for deduction under section 801a was concerned. let requisite number of paper books be prepared containing all relevant papers within six weeks from the date .....
Tag this Judgment!Court : Kolkata
..... a contractor therein, the assessee company is not eligible for deduction under section 80ia(4) of the said act ?. (b) whether the learned tribunal failed to appreciate that in terms of the explanation appended to section 80ia (13).as introduced by the finance act, 2007, and amended by finance act, 2009, clarifies that a person who enters into a contract with another person ..... for executing a works contract will not be eligible to claim deduction under section 80ia of the said act and exemption will be denied to him ?. let ..... dismissed. let the appeal appear in the monthly list of january, 2015. g.a.no.1983 of 2014 is thus disposed of. all parties concerned are to act on a signed photocopy of this order on the usual undertakings. (soumitra pal, j.) (arindam sinha, j.) km ar(cr)
Tag this Judgment!Court : Kolkata
..... order sheet in the high court at calcutta ordinary original civil jurisdiction original side ap no.658 of 2014 l & t finance ltd.versus simplex projects ltd.ap no.726 of 2014 l & t finance ltd.versus sinplex projects ltd.before: the hon'ble justice biswanath somadder date : 6th august, 2014. mr.p.sinha, adv. for the petitioner mr.deepak agarwal, adv. for ..... the respondent the court : both these applications, being a.p.658 of 2014 and a.p.726 of 2014, are under section 9 of the arbitration and conciliation act, 1996. the .....
Tag this Judgment!Court : Kolkata
..... order sheet ga no.2181 of 2014 apot no.347 of 2014 ap no.1347 of 2013 in the high court at calcutta civil appellate jurisdiction original side srei equipment finance limited versus sree metaliks limited & anr before: the hon'ble chief justice mrs.manjula chellur the hon'ble justice banerjee date : 6th august, 2014. appearance: mr.swatarup banerjee, ld. advocate ..... for the appellant. the court :- this appeal would relate to an order dated june 18, 2014. the learned judge discharged the receiver from further acting. hence, this appeal. mr.appearing swatarup banerjee, for the appellant would learned advocate inform this court, service was attempted but postal authority returned the undelivered packet with the remark gone .....
Tag this Judgment!Court : Kolkata
..... receivers at an initial remuneration assessed at 600gms.each to be paid by the decree-holder. the joint receivers shall be entitled to appoint an agent. the joint receivers may act jointly and/or severally. the judgment debtors shall render all possible assistance to the joint receivers or the agent to be appointed by the joint receivers for the purpose of ..... order sheet ec no.155 of2012in the high court at calcutta ordinary original civil jurisdiction original side in the matter of : srei equipment finance pvt.ltd.versus karendra kalita & anr. before: the hon'ble justice soumen sen date : 5th august, 2014. mr.swatarup banerjee, ms.arunima maitra, advocates for decre holder the court : this ..... as the local police authorities shall render all possible assistance to the joint receivers in implementing this order. matter is made returnable four weeks hence. all parties concerned are to act on the basis of a server copy. (soumen sen, j.) sb. .....
Tag this Judgment!Court : Kolkata
..... as the local police authorities shall render all possible assistance to the receiver to comply with this order. matter is made returnable four weeks hence. all parties concerned are to act on the basis of a server copy. (soumen sen, j.) sb.
Tag this Judgment!Court : Kolkata
..... 2014 apot no.382 of 2014 ap no.212 of 2014 in the high court at calcutta civil appellate jurisdiction original side l & t finance ltd versus mandeep gupta and anr before: the hon'ble justice banerjee,acting chief justice the hon'ble justice sahidullah munshi date : 1st august, 2014. appearance: mr.partha banerjee, ld. advocate for the appellant. the court :- despite .....
Tag this Judgment!Court : Kolkata
..... payment, some accommodation should be given to it in view of its financial constraints. the petitioner says that this is the second petition under section 9 of the arbitration and conciliation act, 1996, the firs.having been disposed of on the basis of the terms agreed to by the parties. the petitioner says that the ..... had been adjourned previously since the respondent had submitted that the disputes would be resolved after a meeting with the chief 2 executive officer of the finance company. the finance company says that there is no attempt at settlement. since a substantial sum remains due under the agreed terms recorded in the order disposing of ..... the previous petition under section 9 of the arbitration and conciliation act, 1996, it is necessary that the respondent be put on terms.the petitioner says that the agreement covers .....
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