THE PR COMMISSIONER OF INCOME TAX vs. SHRI.M. ABDUL ZAHID

Bench: KRISHNA S.DIXIT,PRADEEP SINGH YERUR

40A(3); therefore, the Assessing Officer disallowed 100% of the purchases made from unregistered dealers. (c) The assessee took the matter in appeal, being aggrieved by the Assessment Orders; the Principal Commissioner of Income Tax favoured the appeals on the premise that in determining the profits of business, the expenses incurred have to be set off against the receipts from

THE PR COMMISSIONER OF INCOME TAX vs. SHRI.M ABDUL ZAHID

Bench: KRISHNA S.DIXIT,PRADEEP SINGH YERUR

40A(3); therefore, the Assessing Officer disallowed 100% of the purchases made from unregistered dealers. (c) The assessee took the matter in appeal, being aggrieved by the Assessment Orders; the Principal Commissioner of Income Tax favoured the appeals on the premise that in determining the profits of business, the expenses incurred have to be set off against the receipts from

M/S WIPRO LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

40a(ii) of the Act. He also contended that the arguments which were canvassed - 39 - before this Court were not canvassed before the lower authorities and therefore, they had no opportunity to consider the same and therefore on that score those orders cannot be found fault with. As the matter has already been remanded

THE COMMISSIONER OF INCOME TAX vs. M/S WIPRO LTD

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

40a(ii) of the Act. He also contended that the arguments which were canvassed - 39 - before this Court were not canvassed before the lower authorities and therefore, they had no opportunity to consider the same and therefore on that score those orders cannot be found fault with. As the matter has already been remanded