The Commissioner of Income tax vs. M/s. ragamayee bAr AND Restaurant,

The appeals stand dismissed

Bench: V.V.S.RAO,RAMESH RANGANATHAN

capital gains; or (b) income of the nature referred to in sub-clause (ix) of clause (24) of section 2, (c) income under the had “Profits and gains of business or profession” in case where the income accrues or arises under the said head for the first time, and the assessee has paid the whole of the amount

The Commissioner of Income Tax - III, vs. M/s. Suven Pharmaceuticals Limited,

Appeals are dismissed

264 or an order of the  Settlement Commission under sub­section (4)  of section 245D, the amount on which interest  was   payable   under   sub­section   (1)   or   sub­ section (3) has been increased or reduced, as  the   case   may   be,   the   interest   shall   be  increased or reduced accordingly, and­ (i) in   a   case   where   the   interest   is  increased,   the   Assessing   Officer   shall

The Commissioner of Income Tax-I vs. Ascend Telecom Infrastructure Private Limited

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

gains, or other sources, the word `income’ should be understood in its Date of Judgment 14-08-2018 I.T.A.No.346/2015 Commissioner of Income Tax & another Vs. M/s Academy of Liberal Education 17/21 commercial sense, i.e., book income, after adding back any appropriations or applications thereof towards the purposes of the trust or otherwise, and also after adding back any debits

The Commissioner of Income Tax - IV vs. M/s. Mekins Agro Product (P) Ltd.

gains, or other sources, the word 'income' should be understood in its commercial sense, i.e., book income, after adding back any appropriations or applications thereof towards the purpose of the trust or otherwise, and also after adding back any debits made for capital expenditure incurred for the purposes of the trust or otherwise.lt should be noted, in this connection, that

The Commissioner of Income Tax IV vs. Shri Raaj Kumar Jain

Section 27 begins with a proviso and states that when any fact is deposed to as discovered, in consequence of information received from a person accused of any offence, in the custody of a police officer, so much of such information as relates distinctly to the fact thereby discovered may be proved, 49 whether it amounts to a confession

PR COMMR OF INCOME TAX-2, HYDERABAD vs. K RAVINDER REDDY, HYDERABAD

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

264 of the Survey documents PB contain profile of Nalin Jain duly signed by him which shows his designation in India as 'Sales Director' of GE Transportation, Aircraft engines. 'Job description' has been given as 'Market Intelligence and Support to Headquarters.' He has indicated his 'Reporting Manager' as William Blair, who is one of the seven expats from GEII working

M/s. Canara Securities Ltd vs. Dy. Commissioner of Income Tax

Bench: M.S.RAMACHANDRA RAO,T.AMARNATH GOUD

Section 178 of the Companies Act, 2013. Therefore, the Chairman of the company, HVL cannot arrogate unto himself the power to cause such appointment when such power ultimately rests with the Board of Directors. The observation of the two Joint APLs that the evident performance of BCrL, the flagship company of MP Birla Group is deteriorating ever since, HVL became