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3 results for “disallowance”+ Deemed Dividendclear

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Key Topics

Section 804Section 260A2Deduction2Disallowance2Addition to Income2

M/S PANCHSHEEL TEXTILE MANFAC. & TRAD. vs. C I T AND ANR.

ITA/109/2007HC Punjab & Haryana13 May 2025

Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA

disallowed the e amount for inv ground that pur purpose of tradin 6. The Commissioner o 05.10.2004 allo order dated 17.0 1999-2000 and 05.10.2004 and who vide its ord 7. Hen SUBMISSIONS 8. Lea appellant to car amendment in th their meeting da stock-in-trade an learned Assessin the appellant ha (O&M) and other connected ca sessing

COMMISSIONER OF INCOME TAX -II, CHANDIGARH vs. M/S GLAXO SMITHKLINE CONSUMERS, PATIALA

ITA/645/2008HC Punjab & Haryana27 Jan 2026

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

Section 260ASection 80Section 80HSection 80M

dividend for the purpose of deduction under Section 80M of 1961 Act? (iii) Whether on the facts and in the circumstances of the case, the ITAT was right in law in upholding the order of the CIT (Appeals) in deleting the addition made on account of change in the method of valuation of closing stock in respect of excise duty

COMMISSIONER OF INCOME TAX -II, CHANDIGARH vs. M/S SMITHKLINE BEECHAM CONSUMER HEALTH CARE LTD.(NOW GLAXO SMITHKLINE CONSUMER HEALTHCARE LTD.)

Appeal stands disposed of

ITA/269/2009HC Punjab & Haryana19 Jan 2026

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

Section 260ASection 80

dividend income, while computing deduction us 80M of the I.T. Act, ignoring the decision of the jurisdictional High Court in the case of M/s Abhishek Industries. (2006) 286 ITR 1 (P&H)? (iii) Whether on the facts and in the circumstances of the case, the Hon'ble ITAT was right in law in upholding the order of the CIT (Appeals