How many judgments cite CIT v. VGR Foundations?

21 judgments on BharatTax cite CIT v. VGR Foundations (298 ITR 132), spanning 2017 to 2026.

Which sections of the Income Tax Act does CIT v. VGR Foundations come up under?

It is most often cited in judgments turning on Section 143(3), Section 246A, Section 250, Section 253, Section 73.

CIT v. VGR Foundations

298 ITR 132High Court2008#5494 most cited

What is CIT v. VGR Foundations authority for?

Interest earned by a company on share application money deposited in banks is taxable as income from other sources, even if the funds are intended for the business.

judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2017 to 2026.

Also referred to as

CIT v. VGR Foundations · 298 ITR 132 · interest on share application money · income from other sources · taxable income · company interest income · section 57 · business income

Sections most often in play

Section 143(3)Section 246A Section 250 Section 253 Section 73

Issues it is cited on

section 57 income from other sources previous year company india business interest total income

Judgments citing CIT v. VGR Foundations

ITO, Bangalore vs. M/S Bank Note Paper Mills India Pvt. Ltd., Bangalore

In the result, Revenue’s appeal for asst

ITA 1162/BANG/2016[2012-13]Status: DisposedITAT Bangalore10 Nov 2017AY 2012-13

Bench: Shri Sunil Kumar Yadav & Shri Jason P Boazthe Income-Tax Officer, Ward-1(1)(3), Bengaluru. . Appellant Vs. M/S Bank Note Paper Mill India Pvt. Ltd., 1St Floor, S.R Complex, No.2, Thavarekere Main Road, S.G Palya, Drc Post, Bengaluru. . Respondent Pan – Aaecb3245M Appellant By : Shri B.R Sunil Kumar Singh, Cit Respondent By : Smt. Prathiba, Advocate Date Of Hearing : 7-11-2017 Date Of Pronouncement : -11-2017 O R D E R

For Appellant: Shri B.R Sunil Kumar Singh, CITFor Respondent: Smt. Prathiba, Advocate

Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL, BANGALORE BENCH ‘A’ BEFORE SHRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI JASON P BOAZ, ACCOUNTANT MEMBER The Income-tax Officer, Ward-1(1)(3), Bengaluru. . Appellant Vs. M/s Bank Note Paper Mill India Pvt. Ltd., 1st Floor, S.R Complex, No.2, Thavarekere Main Road, S.G Palya, DRC Post, Bengaluru. . Respondent PAN – AAECB3245M Appellant by : Shri B.R Sunil Kumar Singh, CIT Respondent by : Smt. Prathiba, Advocate Date of Hearing : 7-11-2017 Date of Pronouncement : -11-2017 O R D E R PER SHRI JASON P BOAZ, ACCOUNTANT MEMBER : This appeal by Revenue is directed against the…