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Profitable - Judgment Search Results

Home > Cases Phrase: profitable Year: 2005 Page 1 of about 300 results (0.024 seconds)
Jun 21 2005 (TRI)

Wipro Ltd. Vs. Dy. Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT

Decided on : Jun-21-2005

Reported in : (2005)96TTJ(Bang.)221

..... to the assessing officer not to exclude the above receipts income while determining the profits of industrial undertakings coming under section 10a sri indrakumar in reply has filed written ..... in the manufacture with a view to avoid litigation the legislature deliberately provided that the profits of the entire business including exports must be ascertained irrespective of whether separate accounts .....

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Jun 23 2005 (TRI)

B. Sorabji Vs. Ito, Ward 20(1)(2)

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Jun-23-2005

Reported in : (2005)95ITD540(Mum.)

..... a or 3 b in arriving at the figure of positive profit both the profits and losses will have to be considered if the net figure ..... have to be considered if the net figure is a positive profit both the profits and the losses will have to be considered if the net ..... act is it was held in both these cases that such profit means positive profit and not loss no deduction under section 80hhc 3 is permissible .....

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Jul 28 2005 (TRI)

Smartchem Technologies Ltd. Vs. Income Tax Officer

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Decided on : Jul-28-2005

Reported in : (2005)97TTJ(Ahd.)818

..... on revenue account because such expenditure can be appropriately said generally speaking to improve the profitability of the assessee s business 3 if expenditure incurred on facing and conquering competition ..... had pleaded that the expenditure in question had resulted in enhancement of assessee s profitability sales by observing that in those cases the assessees were carrying on similar business .....

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Nov 22 2005 (TRI)

G.G. Diamond International Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Nov-22-2005

Reported in : (2006)104TTJ(Mum.)809

..... the year under consideration ao held it was not realistic profit the profit could be somewhere 5 to 6 per cent he ..... the appellant has deliberately shown an unusually high rate of profit by understating the purchase consideration hence in order to arrive ..... he submitted recomputation of deduction under section 80hhc and the profit is on the right steps learned departmental representative submitted the .....

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Nov 09 2005 (TRI)

Vahid Paper Converters and ors. Vs. Ito and ors.

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Decided on : Nov-09-2005

Reported in : (2006)98ITD165(Ahd.)

..... jurisdictional high court thus decided that the assessee cannot exclude depreciation allowance while computing profits derived from a newly established undertaking referring to explanation 5 to section 32 ..... 27 another section involved is section 80ia providing for deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development etc sub .....

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Sep 30 2005 (TRI)

Essar Steel Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Decided on : Sep-30-2005

Reported in : (2005)97TTJ(Ahd.)985

..... by itself does not establish that the contracts were taken and or cancelled to make profit profit motive otherwise also is not decisive of the question whether a particular receipt is capital ..... by itself does not establish that the contracts were taken and or cancelled to make profit profit motive otherwise also is not decisive of the question whether a particular receipt is capital .....

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Sep 30 2005 (TRI)

Essar Steel Ltd. Vs. Deputy Cit

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Decided on : Sep-30-2005

Reported in : (2005)97ITD125(Ahd.)

..... by itself does not establish that the contracts were taken and or cancelled to make profit profit motive otherwise also is not decisive of the question whether a particular receipt is capital ..... by itself does not establish that the contracts were taken and or cancelled to make profit profit motive otherwise also is not decisive of the question whether a particular receipt is capital .....

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Sep 09 2005 (TRI)

Deputy Commissioner of Vs. Paramount Trading Corpn.

Court : Income Tax Appellate Tribunal ITAT Delhi

Decided on : Sep-09-2005

Reported in : (2006)98ITD77(Delhi)

..... the assessee the assessing officer at page 4 proceeded with the figure of net profits as per profit and loss account and after making certain adjustments computed the total income he has ..... interest paid and interest received is to be netted for the purpose of computing business profits under section 80hhc if such payment and receipt are directly linked with the business activity .....

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Aug 22 2005 (TRI)

Abn Amro Bank Nv Vs. Assistant Director of Income-tax

Court : Income Tax Appellate Tribunal ITAT Kolkata

Decided on : Aug-22-2005

Reported in : (2006)280ITR117(Kol.)

..... of which it is permanent establishment in any case where the correct amount of profits attributable to a permanent establishment is incapable of determination or the determination thereof ..... presents exceptional difficulties the profits attributable to the permanent establishment may be estimated on the basis of an .....

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Sep 19 2005 (TRI)

Parshuram D. Patil Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Sep-19-2005

Reported in : (2006)102ITD241(Mum.)

..... the fresh assessments the assessing officer has taxed the profits as business profits in respect of these two plots of land at ..... of land the assessing officer has rightly taxed the profits as business profits the sale consideration has also been rightly adopted by ..... 6th the capital gains in the original assessments and business profits in the fresh assessments were determined accordingly 23 the ld .....

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