M/S FIDELITY BUSINESS SERVICES INDIA PVT LTD vs. ASSISTANT COMMISSIONER OF INCOME TAX

Bench: S.SUJATHA,VINEET KOTHARI

deemed to be the capital gains arising to such shareholder or the holder of other specified securities, as the case may be, in the year in which such shares or other specified securities were purchased by the company. Explanation: For the purposes of this section, “specified securities” shall have the meaning assigned to it in Explanation to section

THE PR COMMISSIONER OF vs. M/S MPHASIS LIMITED

Bench: The Hon'Ble Mr. Justice M. Nagaprasanna

gains or short term capital loss. Therefore, the tax stood cleared in the year 2016 through revised returns. This fact is not in dispute. After the petitioners filed their revised returns complaints come to be registered against all these petitioners invoking Section 200 of the CrPC before the learned Magistrate for offences punishable under Section

PRINCIPLE COMMISSIONER OF INCOME TAX vs. SRI T V VENUGOPAL

Bench: JAYANT PATEL,B.SREENIVASE GOWDA

DEEMED FIT. THESE APPEALS COMING ON FOR ADMISSION THIS DAY, JAYANT PATEL J., PASSED THE FOLLOWING: O R D E R All appeals are preferred by the Revenue by raising the following substantial question of law:- “Whether, on the facts and in the circumstances of the case, that the Tribunal is right in law in directing to treat the sale

PRINCIPLE COMMISSIONER OF INCOME TAX vs. SRI T V VENUGOPAL

Bench: JAYANT PATEL,B.SREENIVASE GOWDA

DEEMED FIT. THESE APPEALS COMING ON FOR ADMISSION THIS DAY, JAYANT PATEL J., PASSED THE FOLLOWING: O R D E R All appeals are preferred by the Revenue by raising the following substantial question of law:- “Whether, on the facts and in the circumstances of the case, that the Tribunal is right in law in directing to treat the sale

PRINCIPLE COMMISSIONER OF INCOME TAX vs. SRI T V VENUGOPAL

Bench: JAYANT PATEL,B.SREENIVASE GOWDA

DEEMED FIT. THESE APPEALS COMING ON FOR ADMISSION THIS DAY, JAYANT PATEL J., PASSED THE FOLLOWING: O R D E R All appeals are preferred by the Revenue by raising the following substantial question of law:- “Whether, on the facts and in the circumstances of the case, that the Tribunal is right in law in directing to treat the sale

M/S T T K PRESTIGE LTD vs. THE UNION OF INDIA REPTD BY ITS FINANCE SECRETARY

Bench: The Hon’Ble Mr.Justice P.B. Bajanthri W.P. No.26037/2005 C/W W.P.No.4464/2007 & W.P.No.27087/2005(It)

dividends paid out of agricultural income would be taxable. It is in this context that the comments of the Court will have to be read (Para 26). Wherefore it is respectfully prayed that this Hon’ble Court may be pleased to allow the above writ petition in the interest of Justice and equity. 11. Question for consideration is Chapter

PR. COMMISSIONER OF INCOME TAX-5 vs. M/S PNB METLIFE INDIA

Bench: S.SUJATHA,RAVI V HOSMANI

DEEMED FIT, IN THE INTEREST OF JUSTICE. - 4 - THESE APPEALS COMING ON FOR HEARING, THIS DAY, S. SUJATHA, J., DELIVERED THE FOLLOWING: J U D G M E N T Since akin and common issues are involved in these matters, the same are clubbed, heard together and disposed of, by this common Judgment. 2. These appeals are filed

M/S SANKHLA POLYMERS (P) LTD vs. THE INCOME TAX OFFICER WARD-12(2)

In the result, the appeal relating to the assessment

Bench: D.V.SHYLENDRA KUMAR,B.SREENIVASE GOWDA

capital gains was concerned, it was held to be at 20%, as laid down in the judgment of this court in the case of The Commissioner of Income Tax vs M/s United Breweries Ltd [ITA No 508 of 2001, decided on 26-11-2007] and therefore submits that this analogy in respect of an exempted income of an assessee

THE PR. COMMISSIONER OF INCOME TAX (4) vs. M/S CHAMUNDI WINERY AND DISTILLERY

Bench: S.SUJATHA,VINEET KOTHARI

gains from the said business of manufacture and sale of liquor by M/S. CHAMUNDI WINERY AND DISTILLERY was not assessable in its hands ? [iii] Whether the method of Accounting or entries made in the Books of Accounts by the Respondent Assessee or maintaining the Bank Accounts under the close control and supervision of DIAGEO INDIA PRIVATE Date of Judgment

PR. COMMISSIONER OF INCOME TAX vs. M/S CHAMUNDI WINERY AND DISTILLERY

Bench: S.SUJATHA,VINEET KOTHARI

gains from the said business of manufacture and sale of liquor by M/S. CHAMUNDI WINERY AND DISTILLERY was not assessable in its hands ? [iii] Whether the method of Accounting or entries made in the Books of Accounts by the Respondent Assessee or maintaining the Bank Accounts under the close control and supervision of DIAGEO INDIA PRIVATE Date of Judgment

M/S CANARA BANK BSCA SECTION vs. THE ASST COMMISSIONER OF INCOME TAX CIRCLE-11(2)

Bench: N.KUMAR,RATHNAKALA

dividends and interest for which the assessee has to incur any expenditure. This is the consequence of computerization, online transaction through NEFT[National Electronic Fund Transfer], RTGS [Real Time Gross Settlement] and also DEMAT Accounts. The assessing authority should take note of these developments in deciding whether any expenditure is incurred in earning the said income. The discussion

THE COMMISSIONER OF INCOME TAX vs. M/S WEIZMANN HOMES LTD

Bench: B.MANOHAR,N.KUMAR

capital [and of the general reserves] of the corporation [or, as the case may be, the company], no allowance under this clause shall be made in respect of such excess. [Explanation.- In this clause.- (a) …........ (b) …........ (c) …........ (d) …........ [(e) “long-term finance” means any loan or advance where the terms under which moneys are loaned or advanced provide for repayment