Longing - Judgment Search Results

Kwality Ice Creams (India) Ltd. Vs. Securities and Exchange Board of

Court: SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... of section 54eb and the government notification dated 19 12 1996 issued thereunder identifying long term specified assets for the purpose of the section he submitted that the units ..... specified period it cannot reach other assets specifically prevented from converting to money etc expression long term specified assets need be taken into consideration while deciding the characteristics of units .....

N.D. Shroff (Smaller Huf) Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2004)82TTJ(Mum.)626

..... argued that merely because no appeal has been filed against computation of long term capital gains that by itself is not sufficient to levy ..... valuation report of the registered valuer that the assessee huf computed the long term capital loss of rs 34 12 000 it would appear ..... the return it has also been vehemently argued before us that long term capital loss was computed by the assessee on the basis .....

United Phosphorus Limited Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2001)73TTJ(Ahd.)404

..... provision in the income tax act for amortization of such capital expenditure incurred for acquiring long term leasehold rights in factory land shed the purchase price paid for acquiring leasehold rights ..... gidc the payment of premium of leasehold in fact represents purchase price for acquisition of long term lease for 99 years which is transferable assignable and alienable subject to certain .....

United Phosphorus Ltd. Vs. Joint Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2002)81ITD553(Ahd.)

..... is no provision in the it act for amortization of such capital expenditure incurred for acquiring long term leasehold rights in factory land shed the purchase price paid for acquiring leasehold ..... gidc the payment of premium of leasehold in fact represents purchase price for acquisition of long term lease for 99 years which is transferable assignable and alienable subject to certain restrictions .....

thermax Babcock and Wilcox Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Pune

..... submitted that the assessee has worked out the profits on the long term contract as per well accepted norms of accountancy in this ..... 16th edition page 301 by spicer amp pegler under the head long term credits it has been stated provision should be made for ..... and gains the ordinary principles of commercial accounting should be applied so long as they do not conflict with any express provision of the .....

thermax Babcock and Wilcox Ltd. Vs. Dy. Cit

Court: Income Tax Appellate Tribunal ITAT Pune

..... and for arriving at the portion of the profit of the long term contracts whose execution is spread over more than one accounting ..... submitted that the assessee has worked out the profits on the long term contract as per well accepted norms of accountancy in this ..... gains the ordinary principles of commercial accounting should be applied so long as they do not conflict with any express provision of the .....

Weikfield Products Co. (i)(P) Vs. Dy. Cit

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2001)71TTJ(Pune.)518

..... normal rates whereas the special rate is provided for taxing the long term capital gain under section 112 secondly there are different ..... thereto if the gain arises from the transfer of a long term capital asset then sub section 2 thereof provides for ..... to other provisions dealing with the exemptions provided in charging the long term capital gain by prescribing a different method for computing .....

Srinivasa Resorts Limited and anr. Vs. State of Andhra Pradesh and ors ...

Court: Andhra Pradesh

Reported in: 2002(1)ALD598; 2002(1)ALT738

..... is to provide a retiring benefit to workmen who have rendered long and unblemished service to the employer and thereby contributed to ..... provisions of the shops act would be entitled thereto for rendering long satisfactory service in express newspapers v union of india it ..... employees of a particular class ii cannot be faulted so long as the classification made is intelligible and has rational nexus .....

BipIn Shantilal Panchal (ii) Vs. State of Gujarat and anr.

Court: Gujarat

Reported in: (2002)1GLR355

..... or both delay caused in culminating the trial would be unreasonably long or if it is found that protraction of trial resulted ..... the apex court has said that pendency of criminal proceedings for long period operates as engine of oppression depending on nature of ..... appropriate stringent conditions as discussed earlier the petitioners have undergone long period of more than 7 years and 4 months in .....

M. Visvesvaraya Industrial Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2002)83ITD511(Mum.)

..... was an expenditure incurred by the assessee on holding general assembly 1988 which went a long way to promote trade and industry in the country and thus promoted a charitable purpose ..... building called commerce centre or centre 1 inviting applications for allotment of office flats on long term lease basis the prospective allottees entered into a standardised lease agreement which stipulated payment .....