Realization - Judgment Search Results

Fidelity Northstar Fund and ors.

Court: Authority for Advance Rulings

..... the foreign exchange regulation act would enable the registered fii to buy sell and realize capital gains on investments made through initial corpus remitted to india subscribe renounce rights ..... the corpus emphasis supplied accounts of remittances to india for investments in india and realizing capital gains on investments made from such remittances emphasis supplied 2 the foreign institutional .....

Kisan Discretionary Family Trust Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2008)113TTJ(Ahd.)918

..... bonds accrues continuously over the period of holding and can be realized at any time by selling the bond taxing income from such ..... to offer income to tax as the erstwhile i e on realized basis and therefore as capital gains or business income where held ..... cannot imply accrual of income which can only be on its realization on actual sale transfer or redemption the argument is misconceived there .....

Aztec Software and Technology Vs. Acit

Court: Income Tax Appellate Tribunal ITAT

Reported in: (2007)107ITD141(Bang.)

..... in the instant case computation of net margin with reference to a suitable base realized by the assessee taxpayer from relevant international transaction on onsite software services and ..... or returns observed among independent enterprises with comparable functions i the net profit margin realized by the enterprise from an international transaction entered into with an associated enterprise is .....

Allahabad Bank Vs. Indo Marketing and ors.

Court: Kolkata

Reported in: AIR2008Cal40,(2008)1CALLT140(HC),2008(1)CHN56

..... made a desperate attempt in collusion with the admitted debtors of the bank to frustrate realization of the bank s dues against its admitted debtors with the knowledge of hypothecation 26 ..... by entering into fraudulent and clandestine dealings with the admitted debtor to frustrate the speedy realization proceeding under the said act 51 the expressions any liability and or otherwise appearing in .....

Tata MaIn Hospital Vs. the State of Jharkhand and ors.

Court: Jharkhand

Reported in: [2008(2)JCR174(Jhr)]

..... pal learned senior counsel appearing for the petitioner submitted that the charges which are being realized from the non employee indoor patients by tmh are composite charge or package charge for ..... like registration blood bank pathology accommodation plus doctor fees etc and these charges which are realized are composite charges and it cannot be broken or segregated the supply of medicines surgical .....

Deputy Commissioner of Vs. Dalmia Cement (Bharat) Ltd.

Court: Income Tax Appellate Tribunal ITAT Delhi

..... to stock in trade of the assessee therefore the excess price realized in view of exemption under the sugar incentive scheme was of ..... to sell more sugar in free market with a view to realize higher price and thereby reduce its debt liabilities which will lead ..... the case the tribunal was justified in law in holding that realization through additional free sale of sugar quota under the sampath incentive .....

Commissioner of Income Tax, Udaipur Vs. Hindustan Zinc Ltd.

Court: Supreme Court of India

Reported in: (2007)210CTR(SC)282; [2007]291ITR391(SC); 2007(7)SCALE772; (2007)4SCC705

..... zinc concentrate and therefore it became necessary to write down the inventory to the net realizable value that in accordance with the principles of prudential accounting the assessee did not carry ..... for this reason that auditors in their report have categorically stated that if the net realizable value stood estimated in accordance with the past accounting policy at domestic prices the profits .....

Uniflex Industries (P.) Ltd. Vs. Ito

Court: Income Tax Appellate Tribunal ITAT Lucknow

..... the valuation of closing stock at lower of cost or net realizable value was the only recognized accounting principle in support of which ..... closing stock of finished goods and work in progress at net realizable value since last many years and there appeared no reason to ..... 2 inventories should be valued at lower of cost and net realizable value therefore assessee had no option but to value its closing .....

Nagendra Sah Vs. Bihar State Cooperative Bank Ltd. and ors.

Court: Jharkhand

Reported in: [2007(1)JCR595(Jhr)]

..... on the charges of irregularities and unsatisfactory performance of the appellant in the matter of realization of loan amount from the lonees in the departmental proceeding the appellant was held guilty ..... purpose of improving the performance of the branch particularly for improving the percentage of loan realization in para 15 it is stated that the appellant failed in achieving the required target .....

Federal Bank Ltd. and ors. Vs. State of Kerala and ors.

Court: Supreme Court of India

Reported in: [2007]137CompCas44(SC); 2007(2)CTC848; JT2007(5)SC91; 2007(3)KLT106(SC); 2007(4)SCALE613; (2007)4SCC188; (2007)6VST736(SC); 2007AIRSCW2411

..... ornaments therefore according to the banks appellants auction sale of pledged ornaments by banks for realization of security will not fall in the course of banking business and therefore such transactions ..... carrying on and transacting every kind of guarantee and indemnity business f managing selling and realizing any property which may come into the possession of the company in satisfaction or part .....