Payable - Judgment Search Results

Sahara India Mutual Benefit Co. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Allahabad

..... investigate the issues relating to the correctness of the liability provided on account of interest payable on deposits under ggf and gfda schemes and the allowability of such liability on accrual ..... invited under these schemes were interest bearing the deduction of allowability on account of interest payable on the deposits under these two schemes was being claimed on accrual basis since inception .....

Commissioner of Income Tax Vs. United Provinces Electric Supply Compan ...

Court: Supreme Court of India

Reported in: (2000)160CTR(SC)248; [2000]244ITR764(SC); JT2000(4)SC635; 2000(3)SCALE377; (2000)5SCC101

..... became owner of the undertaking and its assets against that revenue contended that money payable became due after their determination the court negatived the said contention and accepted the contention ..... 41 2 nowhere provides that such balancing charge would be taxable in which moneys payable are determined finally by the arbitrators or the appellate authority or such other authority provided .....

Gopal Singh Vs. Indian Railway Const. Company Ltd.(ircon)

Court: Delhi

Reported in: (2000)IILLJ845Del

..... of six months rounded off to another completed year of service as payable under clause b of section 25 f sub section 2 of section ..... to you through bank draft no 544 205631 dated 25 05 1998 payable at indian overseas bank new delhi in your favor in full and ..... settlement of your dues 4 miscellaneous dues if any as may be payable to you may however be collected from the corporate office accounts branch .....

income Tax Officer Vs. Kalyan Kumar Roy Trust

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2000)75ITD36Cal

..... the validity of the assessments on the ground that the tax payable had not been computed in the assessment order itself it was ..... for completion of the assessment has expired in which the tax payable is determined the form usually styled as the assessment form need ..... such fresh assessment and determine where necessary the amount of tax payable on the basis of such fresh assessment b in an appeal .....

Haryana Wareshousing Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2000)75ITD155(Delhi)

..... s 2 allows an assessee to subsequently revise the advance tax payable in the remaining instalments in accordance with the revised estimate of ..... to estimate his current income where the amount of advance tax payable on the current income is likely to be higher than the ..... material information and later on additional amount was found to be payable then dealer would not be liable to pay interest on the .....

Eveready Industries India Ltd. Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT West Bengal

..... under 212 with regard to the first issue regarding compensation payable vide a i amp ii the same relates to deduction of a sum ..... c mehta supra what is the extent of actual damages payable and how would the quantum of damages be computed is explained by the ..... dropped thus the hon ble court while quantifying the compensation payable is not oblivious of the fact that criminal negligence on the part .....

Haryana Warehousing Corporation Vs. Deputy Commissioner of Income Tax

Court: Delhi

Reported in: (2001)69TTJ(Del)859

..... following that financial year such income on which advance tax is payable is to be called as current income emphasis here italicised ..... section 2 allows an assessed to subsequently revise the advance tax payable in the remaining installments in accordance with the revised estimate ..... to estimate his current income where the amount of advance tax payable on the current income is likely to be higher than .....

Commissioner of Income Tax Vs. Sitaram Textile Ltd.

Court: Kerala

Reported in: (2000)164CTR(Ker)252; [2000]113TAXMAN241(Ker)

..... there is always a distinction between accrual of liability and payability of such liability accrual of liability may precede in point ..... shall send an intimation to the assessee specifying the sum payable this intimation is deemed as demand under section 156 it ..... filed along with the return will show that the interest payable to the industrial financial corporation and the industrial development bank .....

income Tax Officer Vs. Kalyan Kumar Roy Trust

Court: Kolkata

Reported in: [2001]75ITD36(Cal),[2001]75ITD36(Cal)

..... the act in consequence of which any tax on interest was payable by the assessee and therefore the notice of demand was equally ..... is that the income tax officer has not determined the tax payable on the basis of assessment of total income and in appeal ..... prescribed for completion of the assessment has expired in which the tax payable is determined the form usually styled as the assessment form need .....

Commissioner of Income-tax Vs. Alkeensons Agencies

Court: Jammu and Kashmir

Reported in: (2000)164CTR(J& K)605,[2000]246ITR125(J& K)

..... deductions rebates reliefs and adjustments available to the assessee the calculation of the net tax payable is a process which is mostly arithmetical but generally time consuming if therefore the income ..... income tax officer along with the assessment order the statutory requirement of calculating the tax payable has thus been complied with there is therefore no illegality in the assessment order on .....