Forwarding - Judgment Search Results

Commissioner of Income-tax Vs. R. Chidambaranatha Mudaliar

Court: Chennai

Reported in: [1999]240ITR552(Mad)

..... capital loss for the assessment year 1972 73 would be carried forward to subsequent years in accordance with the law accordingly the ..... had determined the loss and allowed the loss to be carried forward to subsequent years is concerned it is not sustainable in law ..... the commissioner has said that the loss would be carried forward to subsequent years according to law the commissioner however in .....

Goodearth Engines (P) Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Delhi

..... several additions disallowances and without giving benefit of carry forward or brought forward losses which was challenged in appeal the cit a ..... years as the income from other sources without allowing brought forward losses of earlier years against the interest income of ..... income from other sources and disallowing setting off of brought forward losses of earlier years against the other income on .....

Brahmavar Chemicals Pvt. Ltd. Vs. Commissioner of Income-tax and anr.

Court: Karnataka

Reported in: (1999)153CTR(Kar)617; [1999]239ITR867(KAR); [1999]239ITR867(Karn)

..... and the provisions of section 139 1 would not apply to the benefit of carry forward of unabsorbed depreciation and unabsorbed investment allowance 3 learned counsel for the petitioner has submitted ..... stipulated time under section 139 1 there is no reference to the provision for carry forward of depreciation or investment allowance in section 80 section 72a contains provision relating to carry .....

Commissioner of Income-tax A.P.-ii, Hyd. Vs. P.B. Jai Sing

Court: Andhra Pradesh

Reported in: 1998(6)ALD709; 1998(6)ALT431

..... tribunal held that the income tax officer while allowing the carry forward tosses and setting them off against the income of the assessee ..... firm therefore the loss of an unregistered firm can be carried forward and set off against the income of a registered firm since ..... year the loss incurred by the unregistered firm can be carried forward in the subsequent year in spite of the registration one of .....

S. Rajendran Vs. Union of India and ors.

Court: Supreme Court of India

Reported in: 1998IIAD(SC)276; AIR1998SC1713; JT1998(1)SC669; 1998(1)SCALE556; (1998)3SCC620; [1998]1SCR786; 1998(1)LC550(SC); (1998)2UPLBEC992

..... scheduled tribe it should be treated as unreserved and filled accordingly and the reservation carried forward to subsequent three recruitment years but in the subsequent recruitment year s even if there ..... is only one vacancy it should be treated as reserved against the carried forward reservation from the initial recruitment year and a scheduled caste scheduled tribe candidate unavailable .....

D. Gowramma Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT

Reported in: (1998)66ITD552(Bang.)

..... had included special and exclusive provisions indicating the manner of carry forward of losses of a registered firm and an unregistered firm treated ..... pleaded that the authorities were not justified in not allowing carry forward of loss in the hands of the partners 5 the ..... the provision in other sections of the act in allowing carry forward of business loss he rejected the claim of the appellant that .....

Commissioner of Customs Vs. Sterliteinds. (i) Pvt. Ltd.

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Tamil Nadu

Reported in: (1999)(63)ECC312

..... international trade since the relevant time of import being futuritive hence forward contract price are not acceptable in view of the fact ..... as the custom house did not accept the system of forward contract and the provisional invoice and goods could not be ..... pushed to the wall by the custom house not accepting the forward contract read with the provisional invoice even for provisional assessment .....

Commissioner of Income Tax Vs. A.R. Alagappan

Court: Chennai

Reported in: [2000]110TAXMAN257(Mad)

..... subsequent year it presupposes the permissibility and possibility of the carried forward loss being absorbed or set off against the profits and ..... year before the assessee can claim the benefit of the carried forward loss incurred in relation to that business the computation of that ..... the earlier year the tmabsorbed loss was allowed to be carried forward does not render the loss as the loss froin the .....

Commissioner of Income-tax Vs. Century Flour Mills Ltd.

Court: Chennai

Reported in: [1999]239ITR23(Mad)

..... the subsequent year and the balance remaining can be carried forward to the subsequent assessment year the provision makes it clear ..... legal effect is to grant the statutory benefit of carrying forward of the unabsorbed investment allowances of the earlier year therefore ..... for investment allowance and allowed the same to be carried forward since the assessee is statutorily entitled to the benefit of .....

Assistant Commissioner of Vs. Electrical Transformer Co.

Court: Income Tax Appellate Tribunal ITAT Indore

Reported in: (1999)70ITD48Indore

..... allocation of loss there remains nothing with the firm to carry forward and set off 5 before us the learned departmental representative has ..... the loss cannot be determined much less can it be carried forward and set off under the above provisions mr gupta further ..... section was seriously affected section 80 places a bar on carry forward and set off of non speculative and speculative business losses .....