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Mahindra Holidays justified in treating only 60 % of its membership fee collection as its income

Case Name : Mahindra Holidays and Resorts India Ltd. Vs Deputy Commissioner of Income-tax (ITAT Chennai)
Appeal Number : IT Appeal Nos. 1614, 1615, 1762 & 1763 (MDS.) of 2011
Date of Judgement/Order : 17/10/2012
Related Assessment Year : 2006-07 & 2007-08
Courts : All ITAT (14953) ITAT Chennai (858)
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S. 80-IB Process of conversion of limestone into lime and lime dust is a manufacturing process

Case Name : Commissioner of Income-tax, Shimla Vs Smt. Supriya Gill (Himachal Pradesh High Court)
Appeal Number : IT Appeal Nos. 29 TO 31 of 2008
Date of Judgement/Order : 04/10/2012
Related Assessment Year :
Courts : All High Courts (13954) Himachal Pradesh HC (97)

Penalty shall not be imposed if income not offered to tax due to unintentional mistake

Case Name : Commissioner of Income Tax-I, Mumbai Vs M/s. Bennett Coleman & Co. Ltd. (Bombay High Court)
Appeal Number : Income Tax Appeal (LOD) No.2117 OF 2012
Date of Judgement/Order : 26/02/2013
Related Assessment Year :
Courts : All High Courts (13954) Bombay High Court (1882)

Penalty not imposable for bonafide claims which gets disallowed

Case Name : Commissioner of Income Tax, Delhi Vs. Madhushree Gupta (Delhi High Court)
Appeal Number : Appeal No. ITA 47/2013
Date of Judgement/Order : 27/02/2013
Related Assessment Year :
Courts : All High Courts (13954) Delhi High Court (3377)
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Deduction U/s. 80HHC is allowable only after adjustment of unabsorbed depreciation of earlier years from current year profit

Case Name : J.K. Industries Ltd. Vs Assistant Commissioner of Income-tax (Karnataka High Court)
Appeal Number : IT Appeal No. 1105 of 2006
Date of Judgement/Order : 19/02/2013
Related Assessment Year :
Courts : All High Courts (13954) Karnataka High Court (635)
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ADIT has power to take action in cases of search & seizure u/s.132

Case Name : Commissioner of Income-tax, Faizabad Vs Sri Trilochan Pratap Singh (Allhabad High Court)
Appeal Number : IT Appeal No. 117 of 2008 & 46 TO 64 OF 2009
Date of Judgement/Order : 29/08/2011
Related Assessment Year :
Courts : All High Courts (13954) Allahabad High Court (800)

Writ petition cannot be accepted if issue raised is already pending before any appellate forum

Case Name : Super Spinning Mills Ltd. Vs Assistant Commissioner of Income-tax, Co. Circle-I(2), Coimbatore (Madras High Court)
Appeal Number : W.P. No. 29285 of 2012
Date of Judgement/Order : 08/01/2013
Related Assessment Year :
Courts : All High Courts (13954) Madras High Court (1763)
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Air pollution control equipment eligible to 100% depreciation despite forming part of regular plant & machinery

Case Name : Deputy Commissioner of Income-tax, Central Circle-II, Kolkata Vs UAL Industries Ltd. (ITAT Kolkata)
Appeal Number : IT Appeal Nos.2004 (Kol.) of 2009 AND 1668 & 1669 (Kol.) of 2011
Date of Judgement/Order : 01/01/2013
Related Assessment Year : 2005-06, 2006-07 & 2008-09
Courts : All ITAT (14953) ITAT Kolkata (1035)

TDS on income not chargeable to tax should be refunded even if assessee files return belatedly

Case Name : North Eastern Electric Power Corpn. Employees Provident Fund Trust Vs Union of India (Gauhathi High Court)
Appeal Number : W.P. (C) NO. 85 (SH) OF 2011
Date of Judgement/Order : 16/12/2011
Related Assessment Year :
Courts : All High Courts (13954) Guwahati High Court (119)

Mere pendency of PIL would not extinguish liability of assessee to pay tax on income received

Case Name : The Commissioner of Income-tax Vs M/s. Sapthagiri Enterprises (Karnataka High Court)
Appeal Number : IT Appeal No. 1139 of 2006
Date of Judgement/Order : 05/03/2013
Related Assessment Year :
Courts : All High Courts (13954) Karnataka High Court (635)
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