Commissioner of Income Tax-II vs. Hycons Infrastructure (India) Ltd.

The appeals are dismissed

ii. Industries located in the growth centers would also be given Capital Investm ent Subsidy at the rate of 15% of their investment in plant and machinery, subje ct to a maximum ceiling of Rs.30.0 lakhs.  3. Pursuant to the said policy, dated 08-07-1997, a notification is issued by the Central Government, under Section 5A (1) of Central

Commissioner of Income Tax vs. Sri Chirla Rama Reddy, Contract

Appeal is dismissed with costs

Bench: The Hon’Ble Mr. Justice N.K.Sudhindrarao R.S.A.No.70/2007

Section 100 CPC is directed against the common judgment and decree dated 7-10-2006 passed in R.A.Nos.33 and 35 of 2002 by the District and Sessions Judge and Presiding Officer, Fast Track Court –II, Bangalore Rural District, Bangalore, wherein appeal filed by the plaintiff -K.T. Plantations Private Limited in RA 3 No.33/2002 came to be allowed

Commissioner of Income Tax-II vs. M/s.Jayalakshmi Chits

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

35,000 19.2.92 187.00 21.1.92 142.00 Rs.7,50,000/­ Total LossRs.16,88,250/­ 8.2. The   Assessing   Officer   after   verification  found that the assessee had sold the shares  prior in point of time without involving any  broker, and thereafter, purchased the shares  through   brokers.   The   Assessing   Officer  noticed that shares of Mysore Cement were not  sold   at   the   prevailing   market   price

The Commissioner of Income Tax-II, vs. M/S Gulf Oil Corporation Pvt. Ltd.,

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

35,000 19.2.92 187.00 21.1.92 142.00 Rs.7,50,000/­ Total LossRs.16,88,250/­ 8.2. The   Assessing   Officer   after   verification  found that the assessee had sold the shares  prior in point of time without involving any  broker, and thereafter, purchased the shares  through   brokers.   The   Assessing   Officer  noticed that shares of Mysore Cement were not  sold   at   the   prevailing   market   price

The Commissioner of Income Tax - VI vs. M/s. Manikanta Iron AND Hardware

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

35,000 19.2.92 187.00 21.1.92 142.00 Rs.7,50,000/­ Total LossRs.16,88,250/­ 8.2. The   Assessing   Officer   after   verification  found that the assessee had sold the shares  prior in point of time without involving any  broker, and thereafter, purchased the shares  through   brokers.   The   Assessing   Officer  noticed that shares of Mysore Cement were not  sold   at   the   prevailing   market   price

Commissioner of Income tax-VI vs. M/s. Narpat Girji Constructions,

The appeal is allowed

35. Learned Senior Counsel has further submitted that the transfer of the assets by the lease deed was not per se void but void against the liquidator as mentioned in Section 531A of the Companies Act. In support of his submission the learned counsel for the respondent has placed reliance on the following judgments i. RM. NL. Ramaswami Chettiar

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

ii) The assessee has also claimed capital expenditure of Rs. 168600/- as a revenue expenditure. The capital expenditure pertains to fees paid to Registrar of Companies for increasing the authorized capital of the company. This fact was brought to the notice of the assessee vide order sheet entry dated 29.12.2009. No satisfactory reply has been filed. It is therefore, disallowed

M/S VAIBHAV vs. JOINT COMM. OF INCOME TAX RANGE 3 HYD

Appeal is allowed and the judgments and decrees passed by the

Bench: The Learned Trial Court) Was Allowed & The Judgment & Decree Dated 12.12.2000, Passed By Learned Senior Sub Judge, Kullu Was Set-Aside. (Parties Shall Hereinafter Be Referred To In

bogus, as she never paid the 14 consideration for the sale though she admitted the execution of the sale deed before the Registrar. Her story that she was ignorant of the nature of the transaction, it was held, cannot be accepted as she had admitted the execution of the sale deed before the Registrar. 11. A Division Bench of this