“Section 4(1)(c)”

Section References (mined)Section 4Section 4(1)(c)3 judgments

LATE S. YOGARATHINAM, REP. BY L/H Y. SHANMUGA DURAI,CHENNAI vs. ACIT, CIRCLE-1(2), CHENNAI

In the result the appeal of the assessee is allowed

ITA 626/CHNY/2024[2010-11]Status: DisposedITAT Chennai17 Mar 2025AY 2010-11

Bench: Shri George George Kand Shri S.R. Raghunathaआयकर अपील सं./Ita No.:626/Chny/2024 िनधा"रण वष"/Assessment Year:2010-11 Shri Y. Shanmuga Durai, L/H Of Acit Late S.Yogarathinam Vs. Circle -1(2) Old No.24, No.14, Chennai. 17/24, Ramanathan Street, T.Nagar, Chennai-600 017. Pan: Aakpy-9845-P (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/Appellant By : Mr. N. Arjun Raj, Advocate ""यथ"क"ओरसे/Respondent By : Mr. Ar.V. Sreenivasan, Cit सुनवाई क" तारीख/Date Of Hearing : 06.03.2025 घोषणा क" तारीख/Date Of Pronouncement : 17.03.2025

For Appellant: Mr. N. Arjun Raj, AdvocateFor Respondent: Mr. AR.V. Sreenivasan, CIT

Section 122Section 2(47)Section 250Section 45Section 47

under gift to relatives and it would not attract tax. Even settlement of properties amongst various co-owners would not be covered by section 4(1)(c) of the Gift Tax Act. iv) The section 2(24) of the Indian Stamp Act 1899 reads “settlement” means any non-testamentary disposition

DCIT CENTRAL CIRCLE 16 NEW DELHI, DELHI vs. COMPTECH SOLUTIONS PVT LTD, NEW DELHI

In the result, appeal of the Revenue is dismissed

ITA 1773/DEL/2022[2016-17]Status: DisposedITAT Delhi17 Nov 2023AY 2016-17

Bench: Dr. Brr Kumar & Ms. Astha Chandraasstt. Year: 2016-17

For Appellant: NoneFor Respondent: Shri Vivek Vardhan, Sr. DR

Section 143(3)Section 56(2)(viib)

subsidiary of the U.S. company for the purposes of the Act. The meaning given to the term 'subsidiary company' under section 4(1)(c) of the Companies Act must be imported into section 108. Of course, the further condition laid down under section 108(b) must also be fulfilled, Thus ... cent owned sub-subsidiary of a 100 per cent owned subsidiary would be a subsidiary within the meaning of section 4(1)(c) of the Companies Act and also within the meaning of section 108(b). The assessee fulfilled the condition of section 108(b) inasmuch as throughout the previous

DCIT 2(2)(1), MUMBAI vs. L & T FINCORP LTD, MUMBAI

Accordingly, the appeal filed by the Revenue is dismissed

ITA 385/MUM/2017[2008-09]Status: DisposedITAT Mumbai20 May 2022AY 2008-09

For Appellant: Shri Soumen AdakFor Respondent: Shri Mehul Jain

Section 143(3)Section 147Section 250Section 47

nothing to prevent the Legislature from making such an express provision. The question is when that is not done, whether the provisions of section 4(1)(c) are required to be read into section 47(iv) and (v) by necessary implication. 10. As we have already indicated earlier, section 4