M/S. OIL PALM INDIA LTD. vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

Section 43B and therefore the disallowance of deduction of agricultural income tax paid under Act 1991 is illegal. 8. Senior

M/S OIL PALM INDIA LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

Section 43B and therefore the disallowance of deduction of agricultural income tax paid under Act 1991 is illegal. 8. Senior

M/S. OIL PALM INDIA LTD. vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

Section 43B and therefore the disallowance of deduction of agricultural income tax paid under Act 1991 is illegal. 8. Senior

M/S. KUNNEL ENGINEERS AND CONTRACTORS (P) LTD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Appeals are allowed and remanded with the observations as

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

Section 43B arises only when an issue on fact is stated as to the year in which the amount has to be accounted for but not when the amount is not firstly collected and, secondly, accounted for in the respective accounting years. The Assessing Officer, through Annexure-A order, disallowed

THE COMMISSIONER OF INCOME TAX-I, COCHIN vs. APPOLLO TYRES LTD.

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

43B of the Income Tax Act, the Tribunal is right in allowing the deduction of the bonus in the Asst. Year 2003-04 claimable and paid in the Assessment Year 2002 03? I.T.A. No.172/2013 -3- 2. Whether, on the facts and in the circumstances of the case and for the reasons stated in the grounds, the Tribunal is right

M/S. INDITRADE CAPITAL LIMITED vs. COMMISSIONER OF INCOME TAX

Appeal is allowed, matter remitted to Income Tax

Bench: The Return Was Filed By The Assessee For The Subject Assessment Year. The Other Controversy Is

disallowance of payment of Rs.2,11,115/- by assessee to customers towards settlement of outstanding amount due to customer. The outstanding is stated by the assessee as resulting primarily on account of clerical errors and corrected upon reconciliation of entries between the parties. The provisions of law which have bearing are excerpted before hand. 3.1 Sec.40A(7) of the Income

M/S.APOLLO TYRES LTD. vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

Section 260A of the Act. Hence the question is answered in favour of the Revenue and against the assessee. 8. Next question deals with expenditure incurred on account of payments towards club membership and service charges amounting to Rs.1,48,212/- by the assessee. The extent I.T.A. No.26/2013 -13- to which the expenses can be claimed by the assessee