Forwarding - Judgment Search Results

T.P.S. Builders (P) Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (1996)59ITD220(Kol.)

..... sections dealing with these two items unabsorbed business loss is carried forward and set off against the assessments of the partners exclusively ..... case of the firm the business loss cannot be automatically carried forward and absorbed in the case of the assessee partner without ..... the acceptance of the claim of the assessee to carry forward and set off the unabsorbed loss of previous years would .....

T. P. S. Builders (P) Ltd. Vs. Assistant Commissioner of Income Tax.

Court: Kolkata

Reported in: (1997)57TTJ(Cal)96

..... sections dealing with these two items unabsorbed business loss is carried forward and set off against the assessments of the partners exclusively ..... case of the firm the business loss cannot be automatically carried forward and absorbed in the case of the assessee partner without ..... the acceptance of the claim of the assessee to carry forward and set off the unabsorbed loss of previous years would .....

Shriram Investments Ltd. Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1996)59ITD570(Mad.)

..... adjustment over unabsorbed depreciation and unabsorbed investment allowance there are also provisions regarding carry forward and set off of capital loss speculation loss etc etc these provisions are given ..... amounts of unabsorbed loss unabsorbed depreciation unabsorbed investment allowance etc were to be carried forward the commissioner appeals was of the view that inasmuch as no depreciation was .....

Poddar Tyres Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (1996)59ITD548(Mum.)

..... to the unabsorbed depreciation as well as unabsorbed investment allowance and ultimately allowed carry forward of unabsorbed depreciation and investment allowance relating to assessment years 1986 87 to 1988 ..... decision the order of the assessing officer which impliedly conveyed his refusal to carry forward and set off the unabsorbed depreciation or investment allowance is not binding against the .....

D and H Secheron Electrodes (P.) Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Indore

Reported in: (1997)60ITD27Indore

..... claimed before the assessing officer that after adjusting current year s depreciation and carry forward business losses the inter se priority between different kinds of allowances as admissible under ..... 80j should be given first before allowing deduction for carried forward losses or carried forward development rebate or carried forward depreciation when the matter came up before the tribunal the .....

income Tax Officer Vs. Hind Filders [P.] Ltd.

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (1982)1ITD323(Mum.)

..... provides that on receipt of the draft order the assessee may forward his objections to such variation within seven days of the receipt ..... 180 days and in cases where the assessment is finalised without forwarding the objections the exclusion will be only 30 days in the ..... seven days mentioned in sub section 2 they have to be forwarded to the iac if they have actually been received before completing .....

Pennar Steels Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Hyderabad

..... year 1989 90 the issued involved in this appeal are carry forward of depreciation and charging of interest under sections 234b and 234c ..... balance thereafter the provisions of section 115j 2 deal with carry forward of loss depreciation etc as if section 115j 1 was ..... income and therefore the assessee had lost the right to carry forward losses to overcomes this situation section 115j 2 provided that the .....

Mannalal Nirmal Kumar Soorana Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Jaipur

Reported in: (1982)1ITD412(JP.)

..... cbdt with regard to the scope of immunity that will be conferred on assessees coming forward with voluntary disclosures under the voluntary disclosure scheme it was submitted that once the disclosure ..... the assessment proceedings 53 however to encourage persons with unaccounted income or wealth to come forward and file declarations under the act the government as well as the chairman cbdt issued .....

Mahindra D. Mathani Vs. C.D. Singh, Secretary to the Government of Mah ...

Court: Mumbai

Reported in: 1996(4)BomCR385

..... 7th june 1995 it was marked to the additional commissioner for necessary action who forwarded it to the concerned assistant commissioner which was the sponsoring authority the assistant commissioner ..... for necessary action the concerned officer in the adjudication cell made necessary inquiry and forwarded the information that the adjudication proceedings were still pending and that hearing was fixed .....

Lakshmi Precision Screws Ltd. Vs. Deputy Commissioner of Income Tax.

Court: Delhi

Reported in: (1996)56TTJ(Del)455

..... had only unabsorbed depreciation and that there was no brought forward loss he also observed that according to the boards ..... loss or the loss was less than brought forward unabsorbed depreciation the brought forward depreciation was not to be taken into account ..... depreciation and loss were treated as distinct concepts unabsorbed carry forward business loss could be set off only against business income .....