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3 results for “house property”+ Section 43Bclear

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Key Topics

Section 36(1)(vii)4Section 37(1)2

M/S. SOUTHERN TECHNOLOGIES LTD. vs. JOINT COMMNR. OF INCOME TAX, COIMBATORE

C.A. No.-001337-001337 - 2003Supreme Court11 Jan 2010
Section 145Section 2(24)Section 36(1)(vii)Section 37Section 37(1)

property by other persons; 45-IA. Requirement of registration and net owned fund *** *** *** Explanations.-For the purposes of this section,- (I) "net owned fund" means- (a) the aggregate of the paid-up equity capital and free reserves as disclosed in the latest balance-sheet of the company after deducting there from- (i) accumulated balance of loss; (ii) deferred revenue expenditure

M/S SNOWTEX INVESTMENT LIMITED vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL -2, KOLKATA

The appeal is dismissed in terms of the signed reportable

C.A. No.-004483-004483 - 2019
Supreme Court
30 Apr 2019

Bench: HON'BLE THE CHIEF JUSTICE

Section 143(1)Section 143(2)Section 260ASection 43(5)Section 43(5)(d)Section 73

house property”, “Capital gains” and “Income from other sources”, or a company the principal business of which is the business of trading in shares or banking or the granting of loans and advances) consists in the purchase and sale of shares of other companies, such company shall, for the purposes of this section, be deemed to be carrying

INCOME TAX OFFICER,MUMBAI vs. VENKATESH PREMISES COOP.STY.LTD

C.A. No.-002706-002706 - 2018Supreme Court12 Mar 2018

Bench: HON'BLE MR. JUSTICE NAVIN SINHA

Section 79

properties and   then   inducting   such   purchasers   as   members.       The validity   of   the   notification   dated   09.08.2001   having   been upheld by the Bombay High Court in  The New India Co­ operative Housing Society vs. The State of Maharashtra, 6 2013 (2) MHLJ 666, any receipt by the society beyond that permissible in the law under the notification, was not only illegal