Court : Karnataka Kalaburagi
..... its employees is available for deduction? the tribunal having held that it is so deductible, is sought to be questioned in the light of section 36(1)(v) of the income tax act, 1961. however, even this has been answered by a division bench judgment of this court as early as in the case of chief commissioner (admn) and another vs. karnataka electricity board ..... view of this, the provisions of the section 194(3)(v) of the income-tax act have been amended so as to expressly provide that the exemption provided from deduction of tax from payment of interest to members by a co-operative society under section 194a(3)(v) of the income tax act shall not apply to the payment of interest on time deposits by the co .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... for deduction?. the tribunal having held that it is so deductible, is sought to be questioned in the light of section 36(1)(v) of the income tax act, 1961. however, even this has been answered by a division bench judgment of this court as early as in the case of chief commissioner (admn) and another ..... co-operative bank limited., at post: sindagi, bijapur 586 101, pan: aaaat3801f (shri g. venkatesh, advocate for shri a. shankar, advocate) respondent this income tax appeal is filed under section 260a of the income tax act, praying to formulate the substantial question of law stated above. allow the appeal and set aside the orders passed 6 by the ..... urban co-operative bank limited., at post: sindagi, bijapur 586 101 pan: aaaat380if (shri g. venkatesh, advocate for shri a. shankar, advocate) respondent7this income tax appeal is filed under section 260a of the income tax act, praying to formulate the substantial question of law stated above. allow the appeal and set aside the orders passed by the .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... compensation amount.8. shockingly, the special land acquisition officer (for short hereinafter referred to as slao ) furnished the information stating that in terms of section 194la of income tax act, 1961 (for short, hereinafter referred to as it act ), 10% would be deductible on interest on the compensation, in the event of pan card details are furnished and in case pan card details are not furnished ..... no.201497 of 2023 15. the short point that would arise for consideration in the present matter is whether tax is required to be deducted at source on compensation amount paid on account of acquisition of land?.16. section 194la of the income tax act, 1961, is reproduced hereunder for easy reference. 194la. payment of compensation on acquisition of certain immovable property. any person responsible .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... , then the penalty for non- deduction of tds is prescribed under section 201(1a) of the income-tax act, 1961.8. therefore, in case the income of the victim is only from salary , the presumption would be that the employer under section 192(1) of the income-tax act, 1961 has deducted the tax at source from the employee s salary. their lordships, in the case of vimal kanwar supra ..... "salaries" one should keep in mind that under section 192(1) of the income-tax act, 1961, any person responsible for paying any income chargeable under the head salaries shall at the time of payment, deduct income-tax on estimated income of the employee from salaries for the financial year. such deduction is commonly known as tax deducted at source ( tds for short). when the employer fails in 8 .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... in not upholding the addition made on account of unaccounted purchases , by ignoring the provisions of section 69b of the income tax act, 1961? 2. whether the itat is justified in deleting the addition made by the cit(a) on account of unaccounted sales/suppressed sales , when the itat has not disbelieved the amount of closing stock arrived ..... on business as wholesale cloth merchants. consequent upon a search conducted under section 132 of the income tax act, 1961 (hereinafter referred to as the i.t. act , for brevity) the assessee is said to have filed a return of income declaring a total income of rs.21,46,550/-. however, based on the material seized by the assessing authority and ..... is filed under section 260a of the income-tax act, 1961 against order passed in income tax appeal no.161/pnj/2010 dated 08-06-2011 on the file of the income tax appellate tribunal, panaji bench, panaji, partly allowing the appeal filed by an assessee.) anand byrareddy, j. 1. these appeals are disposed of by .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... post chandachan taluk indi, district bijapur 586 205. (shri ashok kulkarni & shri k.r. prasad, advocates) respondent3this income tax appeal is filed under section 260a of the income-tax act, 1961 against order passed in income tax appeal no.164/pnj/2010 dated 08-06-2011 on the file of the income tax appellate tribunal, panaji bench, panaji, partly allowing the appeal filed by the revenue. these appeals having been ..... & shri k.r. prasad, advocates) this income tax appeal is filed under section 260a of the income-tax act, 1961 against order passed in income tax appeal no.161/pnj/2010 dated 08-06-2011 on the file of the income tax appellate tribunal, panaji bench, panaji, partly allowing the appeal filed by an assessee. income tax appeal no.5028/2011: between:1. the commissioner of income tax khemjibai complex, dr. ambedakar road, belgaum .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... and it is profitable to refer the decision of the apex court in commissioner of income tax and others vs. chhabil dass agarwal reported in 2014 (1) scc603 if for any reason, it is found that the authorities of the state have acted arbitrarily or in violation of the principles of natural justice, more particularly when the ..... registered address. the department therefore sent out letters to freeze the bank account of the proprietor of the supplier and obtained information from the income tax about the returns filed by him.27. it is therefore clear that the department has initiated an action under section 67 of the cgst ..... day, the court made the following:- 3 order the petitioner, a transporter registered under the central goods and services tax act, 2017 (henceforth referred to as cgst act ) and integrated goods and services tax act, 2017 (henceforth referred to as igst act ) was engaged by m/s. venkataramana traders, a registered supplier in karnataka (henceforth referred to as the supplier .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... be given its due and full effect as the fiction created by section 18-a(9)(b) of the indian income-tax act, 1922, was given by this court in commissioner of income-tax, delhi v. s. teja singh, 1959 supp (1) scr394 (air1959sc352. it was held in that case ..... that the fiction that the failure to send an estimate of tax on income under section 18-a(3) is to be deemed to be a failure to send a return, necessarily involves the fiction ..... admitted the contents of paragraph nos.2 to 5 in the plaint. he however, denied that the plaintiffs and defendants had agricultural income or that the suit properties are fertile lands. he denied that sy.no.101 of takali village was purchased in the name of ..... creating the fiction that when a person fails to send an estimate of tax on his income under section 18-a(3) he shall be deemed to have failed to furnish a return of his income. the section did not provide further that in the circumstances therein stated, .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... as whole body functional disability, considering the profession carried on by the claimant. it is further submitted that the disability suffered would deprive the claimant to continue her profession. income tax returns are at ex.p-31 to 33 for - 6 - nc:2024. khc-k:1887-db mfa no.202275 of 2023 the assessment years 2016-17, 2017- ..... the claimant against the judgment and award in mvc no.1138/2019 dated 17.11.2022.3. the petitioner/claimant has filed a petition under section 166 of mv act, claiming compensation for accidental injuries sustained in a road traffic accident that took place on 09.04.2019. it is stated that the claimant while proceeding by walk ..... -585101. respondents (by smt. preeti patil melkundi, advocate for r4; vide order dated2610.2023 notice to r1 to r3 dispensed with) this mfa is filed under section1731) of mv act, praying to allow the appeal by modifying the judgment and award dated1711.2022, passed by the ii addl. senior civil judge & mact at kalaburagi, in mvc no.1138/2019 .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... to have public effect and are intended to affect the actings and conduct of those to whom they are addressed and must be construed objectively with reference to the language used in the order itself. 14. in mangalore ganesh beedi works vs. commissioner of income tax, mysore2 the apex court observed that recording of reasons is ..... gazette the proposal to declare ujani as the headquarters for the ujani gram panchayat, exercising jurisdiction under sub-section (1) of section 4 of the kpr act, followed by the notification dated 04.02.2015 annexure-c4 declaring ujani as the headquarters, the regional commissioner revised and modified the said order in exercise of ..... respondent authority rejecting the claim of the petitioners as at annexure h , as contrary to the procedure contemplated under section 4 (3) of the karnataka panchayat raj act 1993, etc. these petitions coming on for dictating judgment this day, the court made the following: order common questions of law and that of fact arise for .....
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