COMMISSIONER OF INCOME-TAX(CENTRAL) vs. M/S. GWALIOR RAYON SILK MFG.(WVG.)CO.LTD

The appeal is partly allowed

1,52,767 made during the previous year relevant for the assessment year 1971-72. The High Court by order dated 12.10.1984 held that the same covered by a consolidated order passed on June 15, 1983 in favour of the assessee. The question was, therefore answered against the revenue and in favour of the assessee. As regards the second question

CHELMSFORD CLUB vs. COMMISSIONER OF INCOME TAX, DELHI

The appeals are allowed and the judgment impugned herein is set aside

1) the identity of the contributors to the fund and the recipients from the fund, (2) the treatment of the company, though incorporated as a mere entity for the convenience of the members and policy holders, in other words, as an instrument obedient to their mandate and (3) the impossibility that contributors should derive profits from contributions made by themselves

COMMISSIONER OF GST AND CENTRAL EXCISE vs. M/S CITIBANK N.A

Bench: HON'BLE MR. JUSTICE K.M. JOSEPH

property, by way of sale, gift or in any other manner; or (ii) such transfer, delivery or supply of any goods which is deemed to be a sale within the meaning of clause (29A) of article 366 of the Constitution; or (iii) a transaction in money or actionable claim; (b) a provision of service by an employee to the employer

RAJASTHAN STATE WAREHOUSING CORPN. vs. COMMR. OF INCOME TAX

The appeal is allowed with costs

256(1) of the Income Tax Act, 1961 (for short the Act), in the affirmative, that is, in favour of the Revenue and against the assessee: Whether on the facts and in the circumstances of the case and the business of the assessee being one and indivisible, the Tribunal was right in law in holding that the expenses have

THE COMMISSIONER OF INCOME TAX, LUCKNOW. vs. U.P. FOREST CORPORATION

Appeals are allowed

256 of the Income Tax Act, the respondent chose to file three writ petitions in the Allahabad High Court challenging the order of the Tribunal in respect to the assessment years 1977-78 and 1980-81 and order of the Assessing Authority for assessment year 1984-85 which had been made by it. These writ petitions were entertained

AKBAR BADRUDDIN JIWANI vs. THE COLLECTOR OF CUSTOMS

256 1990 SCALE (1)176 ACT: Customs Act, 1962: Sections III(d), 112 and 125--Calcar- eous stone imported by appellant--Whether ’marble’ under Import & Export Policy April 1988--March 1991 Entry 62, Appendix 2, Part B-Whether can be confiscated on that ground--Whether option to clear goods for home consumption on payment of fine valid: the term ’marble

C0MMNR. OF INCOME TAX, NEW DELHI vs. ORIENTAL FIRE & GENERAL INSURANCE CO.LTD

Bench: The Controller Of Insurance.

256 of the Income Tax Act, 1961 (for short, ’the 1961 Act’). "1. Whether on the facts and in the circumstances of the case, and on a true interpretation of section 44 of the Income Tax, 1961 read with Rule 5 of the First Schedule to the said Act, the Tribunal was right in confirming the addition of the following

OXFORD UNIVERSITY PRESS vs. COMMR. OF INCOME TAX

The appeals are allowed accordingly

256(1) of the Income Tax Act, 1961 read : Whether on the facts and in the circumstances of the case the Tribunal was justified in holding that Oxford University Press, Bombay, which is part of Oxford University, is exempt under section 10(22) of the Income Tax Act, 1961 ? The question was answered by the High Court in the negative

RAMNATH AND CO. vs. THE COMMISSIONER OF INCOME TAX

Bench: HON'BLE MR. JUSTICE DINESH MAHESHWARI

property or information concerning industrial, commercial or scientific knowledge to the foreign countries so as to augment the foreign exchange earnings of our country and at the same time, earning a goodwill of the Indian technical know-how in the foreign countries, the provisions like Section 85-C earlier and Section 80-O later were inserted