Judgment Search Results Home > Cases Phrase: karnataka traffic control act 1960 chapter 5 miscellaneous Court: income tax appellate tribunal itat delhi Page 2 of about 17 results (0.123 seconds)

P.P. Jewellers (P) Ltd., P.P. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2007)111TTJ(Delhi)187

..... individual capacity was effected on the basis of warrant issued in the name of the partnership firm and this action of the department was not approved by hon'ble karnataka high court in the absence of any reference whatsoever in the warrant of authorization that the documents and valuables so seized were found in the possession of the assessee ..... have carried on the business in the name of the assessees, but all the three assessees were separate entities having independent existence.relying on the decision of hon'ble karnataka high court in the case of nenmal shankarlal parmer v. acit(inv.) 195 itr 582, he submitted that the mention of the correct addresses of the assessees in the ..... is useful to refer to the observations recorded by the pune bench of itat in the case of control touch electronics (pune) (p.) ltd. (supra) to the effect that if any income is not taxable by virtue of any provision of the act, then it cannot be taxed merely because it was offered by the assessee in his return of .....

Additional Commissioner of Vs. Nestle India Ltd.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2005)94TTJ(Delhi)53

..... on the spot technical assistance, arrangement for training of technical persons and generally advising the assessee on all the technical matters concerning manufacturing operations, productions, methods, quality control, etc. the payment made by the assessee-company was within the framework of industrial policy of 1991. in the past, the payments had been accepted. during ..... it is the rbi and the rbi alone that has to decide whether permission may or may not be granted under section 29(1) of the act. the act makes it its exclusive privilege and function. no other authority is vested with any power nor may it assume to itself the power to decide the ..... was important to remember that during that period india did not recognize any intellectual property rights. moreover, continuous technological information was not one-way traffic. assessee in india was manufacturing and exporting and gaining experience. assessee also gave technical know-how that enhanced sale of nestle worldwide. it was two-way .....

Farrukhabad Investment (i) Ltd. Vs. Joint Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2003)85ITD230(Delhi)

..... law. these observations were made by us on the basis of record. we also find that the mumbai bench of the tribunal in the case of karnataka ginning & pressing factory v. jt. cit (2001) 72 ttj (mum) 307 : (2001) 77 itd 478 (mum) at p. 486 ..... is the breach of the section. it cannot be termed as venial or technical.an example was given in this regard regarding traffic rules of keeping to the left. if a person violates it and keeps to the right, the breach of law cannot be ..... device, which enables taxpayers to explain away unaccounted cash or unaccounted deposits, the bill seeks to make a new provision in the it act debarring persons from taking or accepting, after 30th june, 1984, from any other person any loan or deposit otherwise than by an ..... decide whether there is something implicit behind the words actually used which would control the literal meaning of the words used in a provision of the statute. it is permissible to control the wide language used in a statute if that is possible by the .....

Escorts Ltd. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2007)104ITD427(Delhi)

..... the said loan of rs. 38.01 crores which has already been a subject-matter of the assessment of the preceding assessment years. the decision of the hon'ble karnataka high court in the case of sridev enterprises (supra) fortifies the aforesaid proposition.123. even otherwise, we find that there is no allegation, much less an averment by ..... we may mention here that the revenue, either in the order of the lower authorities or even before us has not challenged the facts that there existed unity of control, commonality of funds and management in relation to the existing business and the projects in question. thus, in principle, the stand of the assessee is approved that the ..... exhaustive of the powers of the tribunal. the rules are merely procedural in character and do not, in any way, circumscribe or control the power of the tribunal under section 33(4) of the act. we are accordingly of the opinion that the tribunal had jurisdiction to entertain the argument of the department in this case and to .....

Mange Ram Mittal Vs. Asstt. Cit

Court : Income Tax Appellate Tribunal ITAT Delhi

..... he was found driving taxi in hansi. he was summoned and his statement was recorded. furthermore the excise department and police, did regular checking of vends to control illegal sale/adulteration as well as sale from unauthorized vends, etc. by taking license in benami names the assessee could protect himself from being proceeded against any ..... cash to shri manohar singh who prepared su mary sheets of cash, sales, stock, expenses and outgoings. the assessee & thereafter was checking these summary sheets to control his business. the learned assessing officer further found that all the expenditure bills relating to the liquor business were passed and counter signed by the assessee. every ..... thing or any income which has not been or would not have been disclosed for the purposes of the act.the words, "which has not been or would not have been disclosed" are the key words that control assessment of undisclosed income as a result of search. it, therefore, follows that it is not every article .....

Mange Ram Mittal Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2006)103ITD389(Delhi)

..... he was found driving taxi in hansi. he was summoned and his statement was recorded. furthermore, the excise department and police, did regular checking of vends to control illegal sale/adulteration as well as sale from unauthorized vends, etc. by taking license in benami names the assessee could protect himself from being proceeded against any ..... salesmen and other daily expenses. those dealings were done by shri manohar singh after obtaining instructions from shri mange ram. larger and new type of expenses were controlled under the overall supervision of the assessee. all the bills were first countersigned by the assessee before payment was made by shri manohar singh. after meeting the ..... thing or any income which has not been or would not have been disclosed for the purposes of the act.the words, "which has not been or would not have been disclosed" are the key words that control assessment of undisclosed income as a result of search. it, therefore, follows that it is not every article .....

Ashwini Kumar Consultants (P.) Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (1993)47ITD1(Delhi)

..... ) 'export house certificate' or trading house certificate' means a valid export house certificate or trading house certificate, as the case may be, issued by the chief controller of imports and exports, government of india ; (d) 'supporting manufacturer' means a person being an indian company or a person (other than a company) resident ..... has been lack of uniformity amongst the assessing authorities and many assessing authorities are treating export incentives to be a part of the total turnover. the finance act, 1990, has, therefore, clarified the position by inserting the definition for the term "total turnover" in the explanation below section 80hhc. according to ..... sale proceeds (excluding freight and insurance) receivable by the assessee in convertible foreign exchange, in other words, the fob value of exports. the finance act, 1990, has restricted the definition of the term "export turnover" to mean the fob sale proceeds actually received by the assessee in convertible foreign exchange .....