Judgment Search Results Home > Cases Phrase: sashastra seema bal act 2007 section 142 pardon and remission Sorted by: old Court: income tax appellate tribunal itat indore Page 1 of about 1 results (0.264 seconds)

Devendra Chandra JaIn (Huf) Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Indore

Reported in : (1986)15ITD312Indore

..... sharat chand jain and bipin chand jain. shri s.b. gupta also refers to us to an order dated 23-12-1983 under section 185 of the income-tax act, 1961 ('the act') in the case of devendra bros, to contend that the allocation of the shares having been made in the hands of the hufs, there was no point in ..... made no capital investment whatsoever in the partnership business which was to carry on the activity of buying and selling of real estate and flats in multistoreyed buildings and to act as commission and selling agents thereof. besides, we also significantly noticed that the huf of shri girdharilal jain continued to be intact and that when the partnership in question ..... returns filed having been accepted by the ito, even though on protective basis, had taken the assessments out of the scope of the provisions of section 246 of the act. according to him, a grievance could at the best be made by devendra chandra jain, sharat chand jain and bipin chand jain if the assessments of share incomes had .....

Ayush Ajay Construction Ltd. Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Indore

..... officer has simply stated "charge interest as per law" which does not enjoin the revenue to issue as demand notice of interest under section 234b of the act.21. shri brijesh gupta, the learned senior departmental representative, on the other hand, has submitted that charging of interest under section 234b is of compensatory nature. ..... approval from the state government, a fresh agreement was executed between m/s. ajay construction and the assessee-company and the assessee- company owned and rectified all acts and deeds done by shit. usha agrawal, promoter of the assessee-company.all the expenses incurred by smt. usha agrawal prior to the incorporation of the ..... future and thereafter the entire construction work was undertaken by the promoter of the assessee-company and the assessee-company after its incorporation itself. since the acts and deeds of the promoter of assessee-company were adopted by the assessee-company itself, the entire contract work has been executed by the assessee-company .....

Ayush Ajay Construction Ltd. Vs. Income Tax Officer

Court : Income Tax Appellate Tribunal ITAT Indore

Reported in : (2001)69TTJIndore579

..... the approval from the state government, a fresh agreement was executed between ajay construction and the assessee- company and the assessee- company owned and ratified all acts and deeds done by smt. usha agrawal, promoter of the assessee- company. all the expenses incurred by smt. usha agrawal prior to the incorporation of ..... future and thereafter the entire construction work was undertaken by the promoter of the assessee-company and the assessee- company after its incorporation itself. since the acts and deeds of the promoter of assessee company were adopted by the assessee- company itself, the entire contract work has been executed by the assessee- company ..... .(ii) that the learned commissioner (appeals) erred in appreciation that the appellant had satisfied all the requirements of section 80-ia(4a) of the income tax act, 1961, and as such the disallowance made by the assessing officer is wrong.(iii) that the learned commissioner (appeals) erred in appreciating that the assessing officer .....

income-tax Officer Vs. Motilal Rakhabchand

Court : Income Tax Appellate Tribunal ITAT Indore

Reported in : (2003)86ITD637Indore

..... publication", "circulation", "in the prescribed manner", "for general information" do not cover within their sweep anything relating to chapter xx relating to appeal, revision, etc. of the act.it may be concluded by submitting that the orders referred to in clauses (b) and (c) of sub-section (2) have for their object, avoiding of genuine hardships ..... preliminary objection is two fold; firstly as to - "whether the subordinate authorities are bound by the instructions issued under sub-section (1) of section 119 of the act by the cbdt?" and secondly as to - "whether the assessee can get such instructions enforced against the revenue?" or in other words as to "whether the ..... is advancing fundamental rights/remedies or resuming writ or supervisory jurisdiction of the hon'ble high courts.4.2 for ready reference, the contents of section 119 of the act as well as contents of instruction no. 1903 are being reproduced hereunder: - 119. (1) the board may, from time to time, issue such orders, .....

H.L. Taneja Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Indore

Reported in : (2006)7SOT387Indore

..... case of ambala cant electric supply corpn. ltd. (supra) the retrenchment compensation paid by the assessee-company under section 25ff of the industrial disputes act, 1947 as transfer of its undertaking to the state electricity board during the continuance of business but before actual transfer, held allowable business expenditure under section ..... the above definition it is clear that the payment of non-compete fees will not be covered under section 2(24)(iv) of the income tax act. admittedly shri h.l. taneja, the assessee was neither a shareholder nor a director of the paying company. during the assessment year under consideration, ..... agreements.(vi) compensation for non-compete (consideration) will become due and payable on : (a) transferors obtaining certificate under section 269uc of the income tax act, 1961.(b) inoxap commencing its industrial and medical gases manufacturing activities in madhya pradesh.(c) taneja group and taneja group entities discontinuing its industrial and medical .....