Judgment Search Results Home > Cases Phrase: nepali Sorted by: old Court: income tax appellate tribunal itat Page 1 of about 212 results (0.095 seconds)

Nusli N. Wadia Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (1993)46ITD31(Mum.)

..... assessee is only a director and not a permanent chairman of the company.21. there is no prohibition under the nepalese company law on investment made in india by any nepali company and this stands proved by page 309 of the assessee's paper book, which is again a certificate from the above-mentioned chartered accountant, n. krishnaswamy and co.22 .....

Virinder Bhatia Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

..... to the assessee.8. he further submitted that the assessing officer was not justified in making arbitrary addition as undisclosed income from garments export business in nepal by treating all nepali parties to be benami on mere suspicion and surmises.9. he further submitted that the assessing officer had not properly considered all the explanations and evidences furnished in the course .....

Virinder Bhatia and ors. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

..... report to the assessee.8. he further submitted that the ao was not justified in making arbitrary addition as undisclosed income from garments export business in nepal by treating all nepali parties to be benami on mere suspicion and surmises.9. he further submitted that the ao had not properly considered all the explanations and evidences furnished in the course of .....

income-tax Officer Vs. Branch Manager, State Bank of

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (2002)255ITR126(Pat.)

..... article 21 of the dtaa than to the provisions of section 69 of the act. it was decided by us that the deposit in the indian bank made by the nepali citizens cannot be taxed in india. this decision vitiates the assessments made in india concerning the deposits made in indian banks by ..... nepali citizens.4. when the assessments under the provisions of section 69 of the act does not stand, the order imposing the penalty under section 271(1)(c) of the act .....

income-tax Officer Vs. Branch Manager, Central Bank of

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (2002)256ITR26(Pat.)

..... enquiry conducted at the bank information was gathered under section 133(6) of the income-tax act for violation of section 195 of the income-tax act relating to a nepali/non-resident. notice under section 142(1) was issued but no return was filed.3. instead a copy of the ledger account of the depositor's account in the bank ..... 1. the department is in appeal against the order of the learned commissioner of income-tax (appeals) who held that unexplained deposits in the name of nepali citizens in the indian banks cannot be taxed under section 69 of the income-tax act, 1961. the main reason asserted by the department is that it is not proved ..... . there is no other finding of fact that the money actually belongs to the residents of india and there is no presumption that it does not belong to the nepali residents in whose names the deposits stand. furthermore, there was no violation of nepali law which, if it may be in the fitness of things, be brought to the notice of the .....

Society for Integrated Vs. Dy. Commissioner of Income-tax

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Reported in : (2004)90ITD493(Hyd.)

..... , signed by mr. vardhan, it was stated that mr. vardhan met the representative of charity international, nepal, an n.g.o. which was contemplating starting a medical college to help nepalies and that during the discussion it was decided that sidur would come forward to render financial aid to facilitate setting up of the college and repayment would be made once ..... the college was established. that in this context he gave rs. 32 lakhs to k.m.c. this explanation is indeed specious. helping set-up a medical college for nepalies is hardly a charitable purpose which was further not put across to the executive committee of sidur. in his deposition mr. vardhan admitted that it was not as if sidur .....

Travel Agents Association of Vs. Eighth Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (1982)1ITD988(Mum.)

1. The only issue raised in this appeal preferred by the assessee, Travel Agents Association of India, Bombay, for the assessment year 1978-79, for which the relevant previous year ended 31-12-1977, pertains to disallowance of Rs. 45,000, out of sum of Rs. 50,000 paid by the assessee to Pacific Area Travels Association (India), being the assessee's share of contribution towards "Food Festival" held at the time of conference. The Commissioner (Appeals) considered the disallowance of Rs. 45,000 under Section 37(2) as entertainment.2. The learned authorised representative for the assessee in detail submitted that the Travel Agents Association of India had incurred the said expenditure in fulfilment of its objects as detailed in the memorandum of association. He submitted at length that at the time of the conference of Pacific Area Travels Association (India) Chapter, more popularly known at PATA, a sum of Rs. 1,30,000 was spent on Food Festival in which about 2,000 people were hosted out...

Wealth-tax Officer Vs. S.P. Jayakumar

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1983)3ITD221(Mad.)

1. These six appeals relating to the assessee, Shri S.P. Jayakumar, involving identical facts and dispute for our consideration are conveniently disposed of by this consolidated common order.2. The appeals are by the department and relate to the levy of penalty under Section 18(1)(a) of the Wealth-tax Act, 1957 ('the Act'), for the assessment years 1970-71 to 1975-76, for the assessee's default in filing the returns of net wealth within the prescribed time. The wealth-tax returns for all these years were filed by the assessee on 27-1-1976 voluntarily, in the sense that before any notice was issued to him to submit the returns. In response to the notice issued by the WTO under Section 18(2) proposing levy of penalty, the assessee submitted that he was not aware of the provisions of the Act and Rules and it is only when the Government of India publicised the Voluntary Disclosure Scheme ('VDS') that he consulted his tax practitioner and it is on his advice, that he filed the returns. The...

Fourth Income-tax Officer Vs. Capt. B.N. Rao

Court : Income Tax Appellate Tribunal ITAT Madras

Reported in : (1984)7ITD536(Mad.)

1. The assessee has been a Captain in Ratnakar Shipping Company Ltd. On account of devaluation of Indian rupee in June 1966, the employees on the ship going into foreign ports were getting less money in foreign currency due to devaluation. The employees' union made representation.It appears ultimately the Indian National Shipowners' Association representing the Indian shipowners, negotiated an agreement with the unions for devaluation compensation to be paid to both the officers and crew. This was to be paid only for the period, the vessel was away from the Indian shores, i.e., it was payable as from the day the vessel sailed from the last Indian port up to the time the vessel returned to the first Indian port. The letter dated 8-7-1982 of the Maritime Union of India, addressed to the assessee, reads as under : We would refer to your enquiry regarding devaluation compensation which was paid to the floating staff officers by Indian Shipping Companies. The relevant facts about this allo...

Rajneesh Foundation Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (1983)4ITD409(Mum.)

1. The first appeal is by the assessee and the second appeal by the department.2. On 11-12-1931 was born in the village of Kuchwara, Madhya Pradesh, Rajneesh Chandra Mohan, who afterwards became Acharya Rajneesh. After obtaining his M.A. Degree, Chandra Mohan taught at the Raipur Sanskrit College from 1957 to 1959 and was a Professor of Philosophy at the University of Jabalpur between 1960-1966. He resigned his professorship in 1966 allegedly to devote himself to spiritual work. He is stated to have travelled extensively delivering lectures between the years 1958 and 1969, until he settled in Bombay in 1969. He is stated to have held a meditation camp for the first time in 1964 in Rajasthan. After 1969, many public lectures and appearances were ascribed to him. He also had written profusely on spiritual and allied subjects.3. By an indenture of trust dated 11-6-1969, Shri Himatlal Haribhai Joshi and Shri Ishwarlal Naranji Shah as settlors drew up a trust deed creating the trust known ...