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2 results for “disallowance”+ Section 15Aclear

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Key Topics

Section 403Section 143(3)2

KERALA STATE BEVERAGES MANUFACTURING AND MARKETING CORPORATION LIMITED vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1(1)

Accordingly, the civil appeal filed by the assessee is dismissed

C.A. No.-000011-000011 - 2022Supreme Court03 Jan 2022

Bench: HON'BLE MR. JUSTICE R. SUBHASH REDDY

Section 143(3)Section 263Section 40

disallowance made in this regard is liable to be set aside.  24. In the result the assessment completed against the appellants with respect to the assessment years 2014­ 2015,   2015­2016   are   hereby   set   aside.   The   matter   is remitted to the Assessing Officer to pass revised orders, after   computing   the   I.T.   Appeal   Nos.   135,   146   & 4 C.A.@S.L.P.(C)No.12859

ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS) vs. AHMEDABAD URBAN DEVELOPMENT AUTHORITY

C.A. No.-021762-021762 - 2017Supreme Court
19 Oct 2022

Bench: HON'BLE THE CHIEF JUSTICE

Section 12AA(1) of the IT Act, on 18.05.1979 and is engaged in the activity of promotion of the export of all kind of ready-made garments, knitwear, and garments made of leather, jute and hemp. It does not per se engage in any activity for profit, and its mandate is to ensure that Indian apparel manufacturers, are given forums