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Minor irregularities (non-production of vouchers) cannot be a ground for rejection of renewal of recognition of a charitable trust under section 80G

Case Name : M. J. Education Trust Vs. DIT (Exemptions) (ITAT Bangalore)
Appeal Number : Appeal No: ITA No. 890/Bang/2009
Date of Judgement/Order : 30/04/2010
Related Assessment Year :
Courts : All ITAT (14953) ITAT Bangalore (1081)
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A computer software when put into a media and sold, it becomes goods like any other audio cassette

Case Name : Kansai Nerolac Paints Ltd. Vs. Addl. DIT (ITAT Mumbai), Appeal No: ITA No. 568/Mum/2009
Appeal Number : 22/06/2010
Date of Judgement/Order :
Related Assessment Year :
Courts : All ITAT (14953) ITAT Mumbai (3584)
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Payment for warding off competition in business even to a rival dealer will constitute capital expenditure and to hold them capital expenditure it is not necessary that non-compete fee is paid to create monopoly rights

Case Name : Tecumseh India Pvt. Ltd. Vs. Addl. CIT (ITAT Delhi), Appeal No: ITA No. 3759/Del/2003
Appeal Number : 22/07/2003
Date of Judgement/Order : 1995- 96
Related Assessment Year :
Courts : All ITAT (14953) ITAT Delhi (3706)
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When assessee makes a provision of interest in its account, in account of creditor, provisions of section 194A would be applicable

Case Name : ITO Vs. Executive Officer Cum Secretary Marketing Committee (ITAT Delhi)
Appeal Number : Appeal No: ITA Nos. 1005 & 1006/Delhi of 2009
Date of Judgement/Order : 29/04/2010
Related Assessment Year : 2006- 07
Courts : All ITAT (14953) ITAT Delhi (3706)
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Holding period for purposes of computation of capital gain is relevant only in relation to shares held as investment

Case Name : Walfort Financial Services Ltd. Vs. Addl. CIT (ITAT Mumbai)
Appeal Number : Appeal No: ITA No. 847/M/2009
Date of Judgement/Order : 30/06/2010
Related Assessment Year : 2005- 2006
Courts : All ITAT (14953) ITAT Mumbai (3584)
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Unless a sense of hierarchical discipline is observed, while implementing fiscal legislation, exercise of powers would be rendered arbitrary and subject to whim and caprice of Assessing Officers

Case Name : McKinsey and Company Inc. Vs. Union of India (Bombay High Court)
Appeal Number : Appeal No: Writ Petition (L) No. 805 of 2010
Date of Judgement/Order : 27/04/2010
Related Assessment Year :
Courts : All High Courts (13956) Bombay High Court (1882)

Award by arbitrator is within ambit of transmission by operation of law

Case Name : Dinesh Nagindas Shah Vs. Pankaj Aluminum Industries Pvt. Ltd. (Bombay High Court)
Appeal Number : Appeal No: Company Appeal No. 59 of 2009
Date of Judgement/Order : 07/07/2010
Related Assessment Year :
Courts : All High Courts (13956) Bombay High Court (1882)

An unregistered private trust cannot open a Demat account in its name and in the name of Gods or Goddesses

Case Name : Shri Ganpati Panchayatan Sansthan Trust Vs. Union of India (Bombay High Court)
Appeal Number : Appeal No: Writ Petition No. 4778 of 2009
Date of Judgement/Order : 16/07/2010
Related Assessment Year :
Courts : All High Courts (13956) Bombay High Court (1882)

Raising a legal claim, even if it is ultimately found to be legally unacceptable, cannot amount to furnishing of inaccurate particulars of income.

Case Name : Equest India Pvt. Ltd. Vs. ITO (ITAT Mumbai)
Appeal Number : Appeal No: ITA No. 1548/Mum/06
Date of Judgement/Order : 06/03/2006
Related Assessment Year : 1999- 2000
Courts : All ITAT (14953) ITAT Mumbai (3584)
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When an assessee-company exploits its property to earn income in form of rent, rental income received by assessee is chargeable to tax under head "income from house property" and not under head "profits and gains of business"

Case Name : Batra Gulati Hotels Vs. ITO (ITAT Mumbai)
Appeal Number : Appeal No: ITA No. 655/Mum/2009
Date of Judgement/Order : 25/06/2010
Related Assessment Year : 2005- 2006
Courts : All ITAT (14953) ITAT Mumbai (3584)
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