Inventorying - Judgment Search Results

Utkal Steels Ltd., Utkal Alloys Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Cuttack

Reported in: (2002)82ITD120Ctk

..... materials and finished products therefore the searching party straightaway took up the preparation of inventories of the goods when they did not find anything worth seizing the learned departmental ..... representative also submitted that the estimation and quantification of the inventory is not an eye estimate as stated by the learned authorised representative of the .....

Utkal Alloys P. Ltd., Utkal Steels Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Cuttack

Reported in: (2004)269ITR20Ctk

..... materials and finished products therefore the searching party straightaway took up the preparation of inventories of the goods when they did not find anything worth seizing the learned departmental ..... representative also submitted that the estimation and quantification of the inventory is not an eye estimate as stated by the learned authorised representative of the .....

Dy. Cit Vs. Hindustan Zinc Ltd.

Court: Rajasthan

Reported in: (2004)86TTJ(NULL)389

..... research and development costs and interest are usually considered not to relate to putting the inventories in their present location and condition they are therefore excluded from determining the valuation ..... principles the interest in head office expenses were excluded while valuing the closing stock inventories the change in the method of accounting which was bona fide and strictly according .....

R. Vinit and Co. Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

1 this appeal by the assessee is directed against the order dt 5th july 1995 passed by the cit a...

R. Vinit and Co. Vs. Ito

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2002)76TTJ(Ahd.)673

this appeal by the assessee is directed against the order dated 5 7 1995 passed by the commissioner appeals confirming...

Mahesh Kumar Agarwal Vs. Deputy Director of Income-tax and ors.

Court: Kolkata

Reported in: (2003)180CTR(Cal)517,[2003]260ITR67(Cal)

..... was held on that very day respondent no 1 prepared an inventory of bank accounts demat accounts foreign exchange machineries shares finished ..... section 132 of the income tax act 1961 and list of inventories were served only on september 25 2001 simultaneously with the ..... act at the residence of the petitioner and after making an inventory of the articles namely credit card jewellery books of account .....

Baron International Ltd. Vs. Commissioner of Customs

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

Reported in: (2003)(155)ELT503Tri(Mum.)bai

..... this contention is therefore entirely unacceptable 8 apart from this the contention that the inventories reflected in the balance sheet are as carried cost and do not reflect the ..... represents material changes and commitments affecting the financial position of the enterprise the stock and inventory is certainly an event that represents the material changes affecting the financial position the .....

General Secretary, Kovai Mavatta Poriyiyal Pothu Thozhilalar Sangam (A ...

Court: Chennai

Reported in: (2002)IIILLJ450Mad

n v balasubramanian j 1 both the writ petitions are admitted 2 sri r chandrasekaran learned government advocate takes notice...

Guptajee Tent and Decorators Vs. Ito

Court: Delhi

Reported in: (2002)74TTJ(Del)927

..... the retraction of surrender called upon the appellant to reconcile the inventories of the assets as per his books of accounts as on ..... consolidated chart of assets furnished by the appellant with the quantity inventories by the survey team the assessing officer admitted that the quantity ..... compilation along with a copy of the list of inventory drawn by the survey team perusal of the same indicates that .....

Guptajee Tent and Decorators Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Delhi

..... of the retraction of surrender called upon the appellant to reconcile the inventories of the assets as per his books of accounts as on 4th ..... the consolidated chart of assets furnished by the appellant with the quantity inventories by the survey team the ao admitted that the quantity as per ..... the compilation along with a copy of the list of inventory drawn by the survey team perusal of the same indicates that .....