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222 results for “capital gains”+ Section 2(24)(vi)clear

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Key Topics

Section 260134Section 80121Section 260A45Deduction36Section 230Section 5629Addition to Income15Section 26312Section 512Section 80P(4)

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

WP/26037/2005HC Karnataka06 Dec 2019

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)

Section 115

vi) in Section 17(2) of the Act w.e.f. 1st April, 2001, suffers from excessive delegation of essential legislative functions. 60 8. Section 4 of the Act is a charging section, which authorises levy of income-tax on any income of any person. It clearly provides that where any Central Act enacts that income-tax shall be charged

SRI. P S SESHADRI. vs. THE CHIEF COMMISSIONER OF INCOME TAX

In the result, this petition is allowed in part

WP/42424/2012HC Karnataka02 Jul 2013

Bench: The Hon'Ble Mr.Justice Ram Mohan Reddy

Section 119(2)(c)

Showing 1–20 of 222 · Page 1 of 12

...
12
Exemption8
Depreciation5
Section 143
Section 143(1)
Section 154
Section 234
Section 234A
Section 54E

vi) petitioner’s application and investment when accepted led to issue of ‘Capital Gains Bonds’ for Rs.50 lakhs during January, 2007; (vii) the limitation for making investment under Section 54EC was extended upto 31.3.2007 by letter dated 7.11.2007 enclosed to Annexure-J. W.P.42424/12 11 9. In order to appreciate the rival contentions it is useful to refer to relevant provisions

THE COMMR OF INCOME TAX vs. M/S DYNAMIC ENTERPRISE

The appeal stands dismissed

ITA/1414/2006HC Karnataka16 Sept 2013

Bench: This Bench.

Section 148Section 2(47)Section 45(4)

24. In this view of the matter we answer the first question in the affirmative in favour of the Revenue holding that there was a transfer of capital asset attracting the capital gain transaction in terms of s.45(4) of the Act. 11 25. The second question is answered in the negative in favour of the Revenue and against

THE COMMISSIONER OF INCOME TAX vs. M/S.KURUHINSHETTY URBAN CO- OPERATIVE

In the result, the above questions are answered in favour

ITA/100036/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. 16 Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

SREE RENUKA CO-OPERATIVE CREDIT SOCIETY LTD vs. THE INCOME TAX OFFICER

In the result, the above questions are answered in favour

ITA/100096/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 56Section 80

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 22 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. THE MERCANTILE CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100110/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI MAHALAXMI URBAN CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100082/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. THE MERCANTILE CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100112/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. THE ATHANI CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100077/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI MAHALAXMI URBAN CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100081/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. BRAMHANATH CO-OPERATIVE CREDIT SOUHARD

In the result, the above questions are answered in favour

ITA/100128/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI BRAMHANATH CREDIT SOUHARD

In the result, the above questions are answered in favour

ITA/100073/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI MAHATAMA BASAVESHWARA

In the result, the above questions are answered in favour

ITA/100071/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI MAHATAMA BASAVESHWARA

In the result, the above questions are answered in favour

ITA/100072/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI SHIVABODHARANGA URBAN CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100094/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI SIDDHESHWAR CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100078/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. DR.PRABHAKAR KORE CREDIT SOUHARD

In the result, the above questions are answered in favour

ITA/100113/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. M/S.KURUHINSHETTY URBAN CO OPERATIVE

In the result, the above questions are answered in favour

ITA/100035/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. SHRI BEERESHWAR CRDIT SOUHARD SAHAKARI LTD.,

In the result, the above questions are answered in favour

ITA/100109/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation

THE COMMISSIONER OF INCOME TAX vs. CHIKODI TALUKA SHREE SARASWATI SOUHARD

In the result, the above questions are answered in favour

ITA/100095/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

vi) ……………….. (vii) ……………….. The whole of the amount of profits and gains of business attributable to any one or more of such activities. Section 80P(4) which came to be introduced in the statute by the Finance Act, 2006, with effect from 1.4.2007, reads as under: 80P(4) The provisions of this section shall not apply in relation