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4 results for “disallowance”+ Section 94(7)clear

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Key Topics

Section 115J5Section 1544Section 2634Section 260A2Section 11(1)(a)2Deduction2Depreciation2Disallowance2Addition to Income

PR COMMISSIONER OF INCOME TAX, PANCHKULA vs. M/S VENUS REMEDIES LIMITED

ITA/10/2024HC Punjab & Haryana02 Aug 2024

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE SANJAY VASHISTH

Section 115JSection 143Section 154

disallowing the 1961. It is submitted that the 1, are limited and the assessee correction in the original return ducted in the books of account Learned counsel submits that he Karnataka High Court was y dismissal of the LPA of the application U/s 154 of the Act, law as taken by the Karnataka

PRINCIPAL COMMISSIONER OF INCOME TAX FARIDABAD vs. M/S NHPC LTD

The appeals stand disposed of

ITA/336/2015HC Punjab & Haryana20 Sept 2019

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE HARNARESH SINGH GILL

2
Section 115JSection 143(3)Section 2Section 2(24)Section 24Section 260ASection 28

section 28 of the Income Tax Act, 1961, which provides that “income” includes profits and gains and the profits and gains of any business or profession carried on by the assessee at any time during the previous year is taxable?” 3. “Whether, on the facts and in circumstances of the case Anuradha 2019.09.25 11:40 I attest to the accuracy

PR COMMISSIONER OF INCOME TAX-2 CHANDIGARH vs. M/S SMITHKLINE BEECHAM CONSUMER HEALTHCARE LTD

ITA/325/2016HC Punjab & Haryana04 Feb 2026

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

Section 260ASection 80

disallowance of deduction of Rs. 11,94,97,875/- on account of balance of excise duty lying in PLA and RG23 as the payment was made before incurring the liability to pay such levy? 3. Learned counsel for the parties are ad idem that questions No.3, 4, 5, 6, 7 & 8 stand answered by this Court

PR. COMMISSIONER OF INCOME TAX (CENTRAL) GURUGRAM vs. M/S MAHARISHI MARKANDESHWAR UNIVERSITY TRUST

ITA/41/2021HC Punjab & Haryana24 Sept 2024

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE SANJAY VASHISTH

Section 11(1)(a)Section 263

94,59,527.56” 3. The PCIT invoking its powers under Section 263 of the Act revised the assessment order on the premise as under:- “On perusal of records as well as per the enquiries/ investigations conducted by the Investigation Directorate of the Department during the search and post-search enquiries, many discrepancies and violations of provisions of Sections