Judgment Search Results Home > Cases Phrase: tea companies acquisition and transfer of sick tea units act 1985 chapter i preliminary Sorted by: old Court: income tax appellate tribunal itat delhi Page 1 of about 2 results (0.530 seconds)

Motorola Inc., Erisson Radio Vs. Deputy C.i.T.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2005)96TTJ(Delhi)1

..... user to operate the program, for example, where the transferee is granted limited rights to reproduce the program. this would be the common situation in transactions for the acquisition of a program copy. the rights transferred in these cases are specific to the nature of computer programs. they allow the user to copy the program, for example ..... : i) the object of the contract is to install and run the gsm cellular equipment from the view point of both the parties. ii) the affiliate company is a company controlled by the assessee and, therefore, it is in effect the assessee which is involved in the operations regarding both the supply and the installation of the equipment ..... deleted the interest charged on the ground that no speaking order was passed. the tribunal's order was upheld by the calcutta high court. in cit v. namdang tea co. india ltd.(supra), the gauhati high court held that the levy of interest under section 216 was not mandatory, but was discretionary and if there was under- .....

Shri Manoj Aggarwal, Bemco Vs. Dcit

Court : Income Tax Appellate Tribunal ITAT Delhi

..... .4.1987. according to him, the said treatment, however, was given only because of the difficulty in ascertaining or verifying the exact date of acquisition of jewellery as is evident from the clarification issued in the form of questions and answers under vdis. in this regard, he invited our attention to ..... reduce their profits. the assessee undisputed)' rendered services to these companies also by providing accommodation entries and must have charged commission for the services. the cit (appeals) has also noted that if the assessee has paid ..... the departmental authorities. we are in agreement with the cit (appeals) that the only plausible explanation for receipt of profit cheques could be that the companies, namely, friends portfolio and nits softtech pvt. limited through which the transactions were conducted, issued cheques by showing bogus share transactions or bogus expenses to .....