Section 172 - Judgment Search Results

Deputy Commissioner of Income Tax Vs. Norasia Lines (Malta) Ltd.

Court: Income Tax Appellate Tribunal ITAT Cochin

..... 234c is leviable in respect of the return filed under s 172 7 sec 172 appears in chapter xv which is entitled liability in special cases ..... the assessee to file the return or not to file the return sec 172 7 gave the assessee the choice of getting the assessment made ..... ship owner or charterer covered by s 172 is required to file the return under that section only the provisions of s 139 cannot .....

income Tax Officer Vs. South India Corporation (A) Ltd.

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (1995)53TTJ(Pune.)315

..... carries passengers live stock mail or goods shipped at a port in india sec 172 occurs in chapter xv which is entitled liability in special cases and ..... see merit in the appeals of the revenue undoubtedly s 172 is a self contained section and is intended to ensure the due recovery of tax ..... tax is governed by the procedure laid down in s 172 of the act 9 sec 147 of the act as it stood at the relevant .....

United Dominion Industries, Inc. Vs. United States

Court: US Supreme Court

..... single entity approach to calculating an affiliated group s pll is straightforward section 172 j 1 defines a taxpayer s product liability loss for a given ..... net operating loss on a separate return 208 f 3d at 460 section 1 1502 79 a 3 provides that f or purposes of this ..... defining sti is suspicious and the suspicion turns out to be justified section 1 1502 79 a 3 unbakes the cake for only one reason .....

United States Vs. Foster Lumber Co., Inc.

Court: US Supreme Court

..... on occasion be subsumed in the greater benefit provided by the alternative tax computation method section 172 does not explicitly address the question of fit between these two tax benefits providing simply ..... described this policy the basic purpose behind the net operating loss carry back provisions of section 172 is to ameliorate the harsh tax consequences that can result from the necessity of .....

First Income-tax Officer Vs. South India Corporation (A) Ltd.,

Court: Income Tax Appellate Tribunal ITAT Pune

..... carries passengers livestock mail or goods shipped at a port in india in addition to section 172 section 44b also contains a special provision for computing profits and gains of shipping business in ..... necessary to briefly deal with the provisions contained in section 172 of the act sub section 1 to section 172 lays down that the provisions of that section shall apply for the purpose of levy and .....

Central Board of Direct Taxes and Others Vs. Chowgule and Co. Ltd. and ...

Court: Karnataka

Reported in: [1991]192ITR40(KAR); [1991]192ITR40(Karn)

..... of the act and therefore obviously subject to section 172 while section 172 operates notwithstanding other provisions of the act section 5 is subject to section 172 thus the question of reading by the provisions ..... a ship as is referred to in section 172 section 172 1 identifies the subject of the levy section 172 2 quantifies the income for taxation sub section 3 provides for the filing of the .....

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

Court: Income Tax Appellate Tribunal ITAT Cochin

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

..... garonne and ors supra held that payment of tax made under section 172 1 r w section 172 4 is to be treated on par with advance tax ..... in this case option was exercised by the assessee under sub section 7 of section 172 at the fag end of the assessment year i e in ..... it act 1922 s 44c wherein there was a heading to the section adjustment section 172 of the act contains no such heading we hold that the .....

Lloyd Triestino Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (1999)70ITD33(Mum.)

..... regular assessment is made only under section 172 7 and not under section 172 4 the assessment made under section 172 4 is only a summary ..... all the years in question the payments were made under section 172 4 and such payments cannot be categorised as taxes paid ..... grant of refund because of the excess payment made under section 172 4 it automatically follows that the assessee is eligible for .....

Azolla Shipping Co. Ltd. Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (1986)15ITD438(Mum.)

..... is entertainable only when adjustment as contemplated in sub section 7 of section 172 is made as already stated remedy under sub section 7 of section 172 is barred in the present case because of expiry ..... no income tax has been paid under section 199 the income tax paid is under section 172 in section 199 income tax paid under various sections is mentioned but section 172 is not one of them this .....

V. M. Salgaocar and Brothers Ltd. Vs. Deputy Controller, Reserve Bank ...

Court: Karnataka

Reported in: (1991)93CTR(Kar)49

..... case considered by him in czechoslovak ocean shipping internationals case supra sec 172 of the act relates to income derived by carrying passengers from ..... the manner at the rate prescribed under the other sub sections of s 172 of the act is liable to be paid and not ..... and this court must therefore decide the issue raised 11 sec 44b and s 172 of the act are as follows 44b 1 notwithstanding anything .....