COMMISSIONER OF INCOME TAX vs. C.J.INTERNATIONAL HOTELS LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX DELHI I vs. ANANT RAJ INDUSTRIES P. LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

CIT vs. OCL INDIA LTD

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX vs. CADENCE DESIGN SYSTEMS I.P.LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

C.I.T vs. INDIAN SUGAR EXIM CORPORATION LTD

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

THE COMMISSIONR OF INCOME TAX vs. NIS SPARTA LTD

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX DELHI II vs. LEROY SOMER & CONTROLS INDIA P.LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX vs. NEHRU PLACE HOTELS LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX DELHI I vs. ANANT RAJ INDUSTRIES P. LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX vs. BRIJBASI ART PRESS LIMITED

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

COMMISSIONER OF INCOME TAX vs. BIOSEED RESEARCH (INDIA) PVT. LIMITED

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

THE COMMISSIONER OF INCOME TAX vs. NOKIA INDIA LTD.

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

CIT vs. NEGOLICE INDIA PVT LTD

The appeals are dismissed

234B can only be computed after the tax credit under section 115JAA is set off against the tax payable on the current income. 17. Reliance was placed on paragraph 45 of Circular No. 763 (230 ITR 54 [St], 81) which contained the Explanatory Notes on provisions relating to Direct Taxes in the Finance Act, 1997. The relevant portions

M/S. PRAKASH INDUSTRIES LTD,NEW DELHI vs. ACIT, HISAR

In the result, the appeal of the assessee in ITA No

Bench: Shri N.K. Billaiya & Ms Astha Chandra

Sections 234B and 234C of the Income-tax Act. he amounts to be carried forward like unabsorbed depreciation, unabsorbed investment

GEODIS OVERSEAS PVT. LTD.,GURGAON vs. DCIT, NEW DELHI

The appeal of the assessee is allowed

Bench: Shri N. K. Billaiya & Ms Suchitra Kamble

depreciation claimed under section 32(1 )(ii) of the Act, on the amount of goodwill. 4.2 That on the facts and circumstances of the case and in law, the AO/ DRP erred in holding that goodwill does not qualify as 'business or commercial right’ as envisaged under section 32(1 )(ii) of the Act. 4.3 That on the facts

ACIT, CIRCLE-7(1),DELHI, DELHI vs. EBERSPAECHER SUETRAK BUS CLIMATE CONTROL SYSTEMS INDIA PRIVATE LIMITED, DELHI

The Appeal of the appellant is partly allowed

depreciation, and warranty provisions. The CIT(A) deleted the additions made by the AO. The Tribunal found no infirmity in the CIT(A)'s order.", "result": "Allowed", "sections": ["Section 68", "Section 143(2)", "Section 142(1)", "Section 144", "Section 234B

BG EXPLORATION & PRODUCTION INDIA LTD.,MUMBAI vs. DCIT, INTERNATIONAL TAXATION, CIRCLE-1, DEHRADUN

In the result, the appeals filed by the assessee for assessment years 2013-14 and 2014-15 are allowed as discussed hereinabove

Bench: Sh. N. S. Saini & Smt. Beena A. Pillaiita No. 7476/Del/2018 : Asstt. Year : 2013-14

section 234B from Assessee, which is pending for adjudication. However the decision of the Hon high court is to be followed by us, if the same is not stayed by the Hon’ble Supreme Court, therefore respectfully following the decision of the Hon’ble high court we direct the Ld. Assessing Officer to not to charge interest under section 234B