Income Tax : The predominant activities of the centre was not to earn income but to provide facilities for disseminating or exchanging knowledg...
Income Tax : Protective assessment made by the Assessing Officer in the present case cannot be sustained because substantive addition has been ...
Income Tax : The assessee has filed its return of income on 31-12-2006 declaring total income at Rs. Nil. The assessee had claimed deduction at...
Income Tax : Brief Facts:Assessee, an individual,proprietor of M/s. Hydro Pure System,is engaged in the business of installation,erection and s...
Income Tax : The assessee submitted that the retention money which was payable after expiry of plant performance guarantee period is over, did ...
The assessee was not satisfied as the assessing officer did not allow the depreciation which was subsequently claimed during the course of assessment proceedings. The assessee in Cross Objection has challenged the order of the learned CIT (Appeals) in upholding the disallowance of claim of Rs.2, 57, 90,420/- made by the trust in respect of excess utilization made in the earlier years.
