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Whether this amount, would be considered in the nature of contingent liability as the refund is yet to be disbursed and paid to the assessee alongwith interest.
M/s MAFATLAL INDUSTRIES LTD. Vs. COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4048 (HC-BOMBAY)
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Whether a writ petition filed can be entertained to balance the equation and safeguard the interest of the assessees and the Revenue, even when the assessment order is still pending for disposal.
THE JANATHA CO-OPERATIVE BANK Vs. THE COMMISSIONER OF INOME TAX (TDS), THE ADDITIONAL COMMISSIONER OF INCOME TAX (TDS), THE DEPUTY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4047 (HC-KARNATAKA) · Income Tax - Sections 156, 194A, 220(1), 22(1), 56(o)
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Whether an assessee can be denied exemption under Section 10(23C)(iiiad) on the basis of conversion of a capital asset from one form to another.
COMMISSIONER OF INCOME TAX Vs. MADRASA E-BAKHIYATH-US-SALIHATH ARABIC COLLEGE BAKHIYATH-US-SALIHATH STREET
(2014) TaxCorp(LJ) 4046 (HC-MADRAS) · Income Tax - Sections 10(23C)(iiiad), 12A
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Whether the claim of bad debts in relation to non-rural branches of assessee bank is allowable without first setting off against the provision already allowed u/s 36(1)(viia), when no distinction was made between advances relating to non-rural and rural advances.
THE COMMISSIONER OF INCOME TAX-II Vs. CITY UNION BANK LIMITED
(2014) TaxCorp(LJ) 4045 (HC-MADRAS) · Income Tax - Section 36(1)(viia)
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Whether orders passed under block assessment could be widened to include in its ambit regular assessment proceedings.
M/s ESKAY K'n' IT (INDIA) LTD Vs DEPUTY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4044 (HC-BOMBAY) · Income tax - Sections 139(5), 143(3), 147, 148, 149, 150
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Whether such an addition can be deleted following their earlier decision on the identical issue, without considering the criteria for calculating the limits for sum assured prescribed by the insurance company which has been regulated by IRDA and without which the value of a Keyman.
COMMISSIONER OF INCOME TAX-III Vs P G FOILS LTD.
(2014) TaxCorp(LJ) 4043 (HC-GUJARAT)
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Whether credit for TDS made by the employer from the employee's salary is to be allowed, even if it has not uploaded the same in the Department's system through filing proper TDS return.
SRI JOHN MATHEWS, M/s LOTS SHIPPING LTD Vs THE INCOME TAX OFFICER, THE CENTRAL BOARD OF DIRECT TAXES
(2014) TaxCorp(LJ) 4042 (HC-KERALA) · Income Tax - Section 143(1)
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HC – Cost Sharing Agreement only a device to avoid tax; payment to use intranet facility taxable as “royalty”
CIT, ITO vs. CGI Information Systems and Management Consultants Pvt Ltd
(2014) TaxCorp(LJ) 4041 (HC-KARNATAKA) · Section 9
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Whether assessee could claim deduction for payments made towards employees contribution of ESIC and PF which was however not paid within the 'due date'.
DEPUTY COMMISSIONER OF INCOME TAX Vs ENTRACO POWERS SYSTEMS PVT LTD.
(2014) TaxCorp(LJ) 4040 (ITAT-PUNE) · Income Tax - Sections 40(a), 40A(2), 133A, 139(1), 194C, 201(1)
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Whether provision for diminution in the value of investment could be excluded from the taxable income upon reversal of such provision.
GUJARAT STATE FINANCIAL SERVICES LTD Vs DEPUTY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4039 (ITAT-AHMEDABAD) · Income Tax - Sections 14A, 41(4), 143(3)
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Whether there is any apparent error on the face of the record, when assessment order has been passed after due verification and examination.
S B M & CO (P) LTD. Vs. INCOME TAX OFFICER
(2014) TaxCorp(LJ) 4038 (ITAT-DELHI) · Income Tax - Sections 143(2), 144, 154
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Whether in case the legal issue challenging the validity of assessments was not given up by the assessee, it is entitled to raise the same for the first time even before the Tribunal during appeal.
PRITHVI DEVELOPERS & BUILDERS Vs THE DEPUTY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4037 (ITAT-BANGALORE) · Income Tax - Sections 69, 132, 133A, 153A, 153C
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Whether provisions of section 40(b)/40(ba) relating to disallwoance of Director's allowance also apply to a co-operative society
NORTHERN RAILWAY PRIMARY COOPERATIVE BANK LTD Vs ASSTT COMMISSIONER OF INCOME TAX, RANGE-II
(2014) TaxCorp(LJ) 4036 (ITAT-LUCKNOW) · Income tax - Sections 40(b), 40(ba), 40(a)(ia), 194A
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Whether an outstanding amount in the name of a borrower would represent that the money was lent in the ordinary course of business of money lending, in absence of any loan agreement.
M/s J K FINANCE CO Vs ASSTT COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4035 (ITAT-AMRITSAR) · Income Tax - Sections 2, 36, 155
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Whether this interest can be said to be an income derived from this eligible activity of the assessee.
U P STATE INDUSTRIAL DEVELOPMENT CORPORATION LTD. Vs. ASSTT COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4034 (ITAT-LUCKNOW) · Income Tax - Sections 10(2)(xv), 12A, 12AA, 40A(7), 80IA, 143(2), 143(3), 147, 148
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Whether when the revenue authorities failed to show that there is any failure on part of the assessee to disclose fully and truly all material facts in the assessment finally made, the notice issued u/s 148 beyond 4 years from the end of the relevant assessment year is barred by limitation.
GULF OIL CORPORATION Vs. ASSTT COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4033 (ITAT-HYDERABAD) · Income Tax - Sections 35DDA, 50C, 143(3), 139, 142, 143(3), 147, 148, 151(1)
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Whether bad debts written off during assessment year could be claimed u/s 36(1)(vii) only if such debts were treated as income by the assessee during previous year in relation to the assessment year in question.
M/s SCOOTERS INDIA LIMITED Vs DY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4032 (ITAT-LUCKNOW) · Income tax – Sections 32, 35DDA, 40A(7), 43B, 36(1)(vii), 36(2)
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Whether change in the chemical composition of raw material during manufacturing process was indespensible for claiming deduction u/s 80IC on such process
DEPUTY COMMISSIONER OF INCOME TAX, CIR 4(1) Vs LEGANCY FOODS PVT LTD.
(2014) TaxCorp(LJ) 4031 (ITAT-DELHI) · Income tax - Sections 2(29BA), 80-IC
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Whether the nature of a transaction depends on the question whether the excess is an enhancement of the value by realizing the security or a gain in an operation of profit making.
DEPUTY COMMISSIONER OF INCOME TAX Vs. M/s KETAN S SHAH (HUF)
(2014) TaxCorp(LJ) 4030 (ITAT-MUMBAI)
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Whether the said deduction can be claimed if the assessee is neither engaged in the marketing of agricultural produce nor providing credit facilities to its members.
M/s CANE DEVELOPMENT COUNCIL Vs DEPUTY COMMISSIONER OF INCOME TAX
(2014) TaxCorp(LJ) 4029 (ITAT-LUCKNOW) · Income Tax - Sections (2), 80P, 80P(2)(a)(iii), 143(3)
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