Payable - Judgment Search Results

Deputy Commissioner of Income Tax Vs. Glaxo Smithkline Consumer

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2007)107ITD343(Chd.)

..... the statutory expression provided in section 43b the expression any sum payable presupposes the incurring of a prior liability on the assessee ..... year irrespective of the date by which such sum is statutorily payable in fact the circular deals with the short question of ..... would not be possible to ignore expln 2 defining any sum payable while considering impact and application of section 43b the said .....

Rbf Rig Corpn. Lic (Rbfrc) as Agent Vs. Asstt. Commissioner of

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2008)297ITR228(Delhi)

..... of any obligation which but for such payment would have been payable by the assessee 13 shri tulsiyan further pointed out that neither ..... of any obligation which but for such payment would have been payable by the assessee 1 any person responsible for paying any ..... of any obligation which but for such payment would have been payable by the assessee is included in perquisites the interpretation clause .....

Commissioner of Income Tax Vs. Televista Electronics P. Ltd.

Court: Delhi

Reported in: (2007)213CTR(Del)143; [2008]298ITR172(Delhi)

..... xxxxxxxxxxcomputation of advance tax 209 1 the amount of advance tax payable by an assessed in the financial year shall subject to the ..... section and of sections 209a and 212 advance tax shall be payable in three equal installments on the following dates during the financial ..... current income is likely to exceed the amount of advance tax payable according to the statement or estimate by more than thirty .....

Dhirajlal G. Vadgama Vs. Union of India (Uoi) and 2 ors.

Court: Gujarat

Reported in: [2008(119)FLR147]

..... giving direction for payment of back wages then such component becomes payable even if it is otherwise not contemplated or specifically provided ..... as the workman inter alia contended that while calculating the payable amount he was not only entitled to pay but was ..... pensionable service etc or the benefits which are available and payable by virtue of and under express terms of employment and .....

Ruchi Soya Industries Limited Vs. Commercial Tax Officer and ors.

Court: Chennai

Reported in: (2008)12VST546(Mad)

..... that do not fall under the concept of chargeability and that payability under the provision has to be understood as absence of ..... an exemption granted under section 17 with reference to the tax payable under the act cannot be construed as shifting the point ..... under the charging provision is different from the quantification of tax payable on a compensation liability to pay tax and actual payment .....

Assistant Commissioner of Income Vs. Norasia Lines (Malta) Ltd.

Court: Income Tax Appellate Tribunal ITAT Cochin

Reported in: (2007)292ITR31(Coch.)

..... financial year in which the advance tax is paid or payable as reduced by the amount of tax deductible or collectible ..... with a few exceptions first installment second and third installments being payable by 15th september 15th december and 15th march of the ..... income in accordance with other provisions of the act and tax payable thereon the section through fiction provides that whatever non resident .....

Asstt. Cit Vs. Balarampur Chini Mills Ltd.

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2007)109ITD146(Kol.)

..... placed reliance on the various dictionaries and authority wherein the terms income tax paid or payable are defined 4 the assessee thereafter has explained regarding the nature of liabilities considering clause ..... that tax on distribution of profit is identical to fringe benefit tax as both are payable at the time of incurring certain expenditure and therefore the learned commissioner appeals was .....

income Tax Officer Vs. Emrald Construction Co. (P) Ltd.

Court: Income Tax Appellate Tribunal ITAT Jodhpur

Reported in: (2008)304ITR338(Jodh.)

..... hierarchy of appellate and revisional forums will be defeated interest is payable as compensation towards deprivation of the benefit of money which ..... assessee that though no tax was deducted from the amount payable to the contractor the contractor had already paid tax and ..... interest is only compensatory in nature and when no tax is payable no interest can be charged 22 this view analogically finds .....

Maharaja Shree Umaid Mills Ltd. Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Jaipur

..... law lexicon third edition 2005 which defines the term payable as follows the word payable is a descriptive word meaning capable of being paid ..... essentially the deferred tax liability is neither income tax paid or payable nor a provision against the same it is nevertheless an ascertained ..... liability though not an item which is to be paid or payable under the provisions of the act but is nevertheless an .....

The Asst. Commissioner of Income Vs. Real Image Media Technologies

Court: Income Tax Appellate Tribunal ITAT Chennai

Reported in: LC(2008)(2)362

..... respectfully submitted that no disallowance is warranted on the service tax payable shown on outstanding as on 31 3 2002 3 after considering ..... or profitable black s law dictionary sixth edition defines the term payable as under capable of being paid suitable to be paid admitting ..... which was incurred in the accounting year is also not payable according to the statute in the same accounting year we find .....