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Financial Corporation - Judgment Search Results

Home > Cases Phrase: financial corporation Court: income tax appellate tribunal itat madras Page 1 of about 51 results (0.13 seconds)
Feb 05 2001 (TRI)

Overseas Sanmar Financial Ltd. Vs. Joint Commissioner of Income-tax

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (2003)86ITD602(Chennai)

..... 1997 issued to all chief commissioners of income tax on the subject assessment of state financial corporation change in method of accounting of interest from mercantile to cash it referred to the ..... the system of accounting of interest from mercantile to cash basis by the concerned state financial corporation is legal valid and bona fide the income tax department may accept the cash system .....

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Mar 24 1984 (TRI)

State Bank of Travancore Vs. Wealth-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1984)8ITD529(Mad.)

..... section 3 of the act is not restricted to human beings and includes a corporation like financial corporation constituted under a central or state act it is further held that though sections ..... in section 3 is not restricted to human beings and includes a corporation similar to the kerala financial corporation constituted under a central provincial or state act after considering the decisions .....

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Mar 16 2006 (TRI)

Kwality Milk Foods Ltd. Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (2006)100ITD199(Chennai)

..... the explanation clause iii of sub section 5 of section 11 b state financial corporation means a financial corporation established under section 3 or section 3a or an institution notified under ..... interest on any loan or borrowing from any public financial institution or a state financial corporation or a state industrial investment corporation in accordance with the terms and conditions of the .....

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Jun 12 2006 (TRI)

Alankar Business Corporation Vs. the Dcit

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (2007)105ITD629(Chennai)

..... lease basis he also relied on the following decisions m p financial corporation ltd v cit 16 on the other hand the id dr ..... mentioned that name of the company was changed to alankar business corporation ltd which was approved by the registrar of companies tamil nadu ..... he further submitted that applying the ratio of madras industrial investment corporation ltd v citcit v madras auto services p ltd what is .....

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Jul 25 2001 (TRI)

Cresent Housing (P) Ltd. Vs. Income Tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (2002)80ITD317(Mad.)

..... provisions were not applicable in respect of any payment to a financial corporation established by or under a central state or provincial act ..... in respect of such income credited or paid to any financial corporation established by or under a central state or provincial act ..... government we are not satisfied that this is a financial corporation established by or under a central state or provincial act .....

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Jun 08 1989 (TRI)

C.M. Kothari Charitable Trust Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1989)31ITD46(Mad.)

..... units of unit trust of india deposits with scheduled banks approved financial corporations etc investment in immovable properties will however continue to be ..... 617 of the companies act 1256 1 of 1956 or a corporation established by or under a central state or provincial act ..... being debentures issued by or on behalf of any company or corporation acquired by the trust or institution before the 1st day .....

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Sep 13 1995 (TRI)

Thirumalai Motors (P.) Ltd. Vs. Assistant Commissioner

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1996)57ITD102(Mad.)

..... 31st march 1986 and taken for a period of three years or more from a financial corporation etc will be eligible for the allowance as provided in section 32ab the learned counsel ..... 31st march 1986 and taken for a period of three years or more from a financial corporation which is engaged in providing long term finance for industrial development in india or from .....

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May 17 1990 (TRI)

Tamilnadu Transport Dev. Finance Vs. Inspecting Assistant

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1990)35ITD230(Mad.)

..... be run on such routes at concessional rates of interest the corporation borrows monies from public financial institutions like life insurance corporation of india and disburses the same to various stus for their ..... turn have accepted their liability to pay such one time service charges to the assessee corporation while preparing the profit and loss account for this year the assessee had accounted for .....

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Nov 05 1993 (TRI)

Pondicherry Industrial Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1994)49ITD190(Mad.)

..... view essentially to improving the financial position in general and the working capital requirements in particular of which institution the deposit insurance and credit guarantee corporation dicgc for short evolved ..... for the resolution of the issue before us may briefly be indicated the assessee corporation was established for the specific purpose of financing and developing industries in the union .....

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May 08 1985 (TRI)

income-tax Officer Vs. First Leasing Co. of India Ltd.

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1985)13ITD234(Mad.)

..... allowance will facilitate investment in priority industries and reduce the dependence of the corporate section on public financial institutions the investment allowance was given to provide a fillip to industries which ..... income tax officer had not only the jurisdiction to bring the other two items regarding corporation tax rebate and the profit under section 10 2 vii in the reassessment proceedings .....

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