THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX) vs. TIGER GLOBAL INTERNATIONAL II HOLDINGS

Bench: HON'BLE MR. JUSTICE R. MAHADEVAN

transfer of the CGP share and not by virtue of various clauses of SPA. In a case like the present one, where the structure has existed for a considerable length of time generating taxable revenues right from 1994 and where the court is satisfied that the transaction satisfies all the parameters of “participation in 66 investment” then in such

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

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

INCOME TAX OFFICER AND ANR. vs. V.MOHAN AND ANR

Bench: HON'BLE MR. JUSTICE A.M. KHANWILKAR

253  (1999) 8 SCC 266 19 23. It is then contended that on account of inordinate and undue delay, the proceedings suffer from the vice of arbitrariness and irrationality.  In that, the convict was convicted on 23.11.1969 for an   offence   punishable   under   the   1962   Act.     The   properties   in question belonging to the respondents were acquired between 1959 till   1980.     Whereas

DY.COMMR.OF INCOME TAX vs. STATE BANK OF INDIA & ORS

price can be taken and not the entire amount. 253 Unexplained Stocks Consent decrees passed by the Supreme Court were not challenged by the appellant. 101 Unexplained money/ Deposits in Banks For an amount of Rs. 18.75 crores decree of Special Court in favour of SBI, w.r.t 64.94 and 17.77 crores Bank filing affidavit stating that the amount never transferred

RAMNATH AND CO. vs. THE COMMISSIONER OF INCOME TAX

Bench: HON'BLE MR. JUSTICE DINESH MAHESHWARI

5 RC-CN” shall also do everything that is required to ensure highest standards of quality hygiene and freshness of products including supervision at various stages. Article 4: HOKO pays to RC-CN 0.7% of the invoice amount on the C & F basis and US$ 2,000.00 per month as commission. When the quality of goods is found

THE LIQUIDATORS OF PURSA LIMITED vs. COMMISSIONER OF INCOME-TAX, BIHAR

Appeal is allowed and the

253 1954 SCR 767 CITATOR INFO : E 1954 SC 470 (65) D 1961 SC 398 (7,10,12,16) R 1965 SC 33 (6) F 1965 SC1358 (11,23) RF 1969 SC 869 (5) R 1971 SC 794 (12) ACT: Income-tax Act (XI of 1922) s. 10(2) (vii) proviso 2--Any such machinery or plant must have been

PINGLE INDUSTRIES LTD., SECUNDERABAD vs. COMMISSIONER OF INCOME TAX, HYDERABAD

In the result, the appeal fails, and will be dismissed with

section reads as follows: " 12 (1). The tax shall be payable by an assessee under the head profits and gains of business, profession or vocation in respect of the profits and gains of any business, profession or vocation carried or by him. (2) Such profits or gains shall be computed after making the following allowances, namely:- ...................................................... (XV) Any expenditure

MISS DHUN DADABHOY KAPADIA vs. COMMISSIONER OF INCOME-TAX, BOMBAY

transfer the right, and the amount which she lost in the form of depreciation of her original shares in order to acquire that right. [5 A-E] 2 C.I.T,. Bihar v. Dalmia Investment Co. Ltd. [1964] 7 S.C.R. 210 followed. JUDGMENT: CIVIL APPELLATE JURISDICTION : Civil Appeal No. 757 of 1965. Appeal from the judgment and order dated August 24/25

M.J.EXPORTS LTD. vs. CUSTOMS,EX.&GOLD(CONTROL)APP.TRI

5. The goods in question, being the photographic films (colour), fall under App.7, List 8, Part II, Serial No.41 of the Import and Export Policy, 1988- 91, and their import is allowed by all persons for actual use/stock and sale. The contention of Mr. aggarwal is that since the goods were imported for stock 319 and sale, these could