Personal Expense - Judgment Search Results

Coca Cola India (P) Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2008)116TTJ(Pune.)880

..... and not being in the nature of capital expenditure or personal expenses of the assessee laid out or expended wholly and exclusively ..... to earlier years 27 similarly whether service charges and marketing expenses were incurred wholly and exclusively for the purpose of ..... acceptable if it was demonstrated by the department that the expenses were incurred by the assessee for services rendered to bottlers .....

Commissioner of Income-tax, Gujrat-i Vs. City of Ahmedabad Spg. and Mf ...

Court: Gujarat

Reported in: [1981]129ITR507(Guj)

..... be established that the concerned expenditure was not in the nature of capital expenditure or personal expenses of the assessee and were laid out or expended wholly and exclusively for the purposes ..... without finding whether expenditure incurred in course of business or not question of permitting permissible expenses can only be done after thorough finding of facts held tribunal not justified in .....

Vijay Kumar Aggarwal Vs. Commissioner of Income-tax

Court: Punjab and Haryana

Reported in: (1997)142CTR(P& H)510; [1998]232ITR179(P& H)

..... expenditure incurred by the taxpayer after february 29 1968 expenditure of a capital nature and personal expenses did not qualify for the same the basic objective for the grant of a weighted ..... development allowance under section 35b of the income tax act 1961 on the following expenses i export expenses ii export inspecting agency charges and iii bank commission 2 the assessee derived income .....

Mcdonald Vs. Commissioner

Court: US Supreme Court

..... come within the prohibition of 24 of the internal revenue code in that they constituted personal expenses whether and to what extent deductions shall be allowed depends upon legislative grace and only ..... that he run to succeed himself in campaigning for reelection he incurred certain campaign expenses these expenses according to the circuit court of appeals were legitimate in their entirety and the .....

Siti Cable Network Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2004)82TTJ(Mum.)106

..... exclusively incurred for the existing business of the company and it is neither capital nor personal expenses further the existing continuing business even the cost of projects abandoned is allowed as ..... company the revenue to the appellant company flows from advertisement and subscription the major expenses are 15 per cent commission on advertisement and 15 per cent management charges paid .....

Commissioner of Income-tax Vs. Jamnagar Jilla Sahakari Kharidvechan Sa ...

Court: Gujarat

Reported in: (2006)201CTR(Guj)243; [2006]283ITR116(Guj)

..... and not being in the nature of capital expenditure or personal expenses of the assessee laid out and expended wholly and exclusively ..... tax act requires the computation of total income of every person to be done by including all income on which no ..... intended for agriculture to its members without deducting the proportionate expenses thereof 13 the learned senior advocate mr soparkar submitted that .....

Peurifoy Vs. Commissioner

Court: US Supreme Court

..... the employer s business nor the employee s trade they are personal expenses under 24 a 1 262 of the 1954 internal revenue ..... a harsh result when it provided a deduction for traveling expenses these construction workers do not have a permanent locus of ..... tribunal had unwarrantedly extended the exception to the flowers case for expenses while temporarily away from home both courts agreed that taxpayers .....

East West Hotels Ltd. Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT

..... the expenditure must not be in the nature of capital expenditure or personal expenses of the assessee iii the expenditure must have been laid out or ..... charges staff welfare expenses and vehicle maintenance expenses he also disallowed perquisite to managing director expenses on flowers and plants and entertainment expenses miscellaneous expenses garden expenses telephone expenses and subscription to .....

J and K Cigarettes (P) Ltd. Vs. Additional Commissioner of

Court: Income Tax Appellate Tribunal ITAT Amritsar

Reported in: (2006)102TTJ(Asr.)1028

..... be allowed as deduction which is not a capital expenditure not personal expenses of the assessee and it must be laid out or expended ..... finding that such expenses were not allowable as per provisions of the act i e whether the same were personal in nature or ..... diversification of the existing business it was therefore contended that the expenses incurred by the resort division were revenue in nature and .....

Float Glass India Ltd. Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... departmental representative supported the orders of the revenue authorities and contended that the expenses are in the nature of personal expenses and cannot be said to have been incurred for setting up of ..... the project it is also submitted that entertainment expenses and guest house expenses are otherwise not .....