The commissioner of Income Tax vs. M/s.M.Narayana Choudary and Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

The Commissioner of Income Tax vs. M/s.B.Satyanarayana AND Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

The Commissioner of Income Tax vs. M/s.G.V.Krishna Reddy AND Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

COMMISSISONER OF I.T. RAJAHMUNDRY vs. M/S.Y RAMAKRISHNA AND OTHERS

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

Commissioner of Income Tax vs. Ms. B.krishna Murthy AND Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

COMMR.OF I.T. RKAJAHMUNDRY vs. T.RAMI REDDY AND ORS

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

The Commissioner of income tax, vs. M/s.Y.Ramulu and Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

The Commissioner of Income Tax-II vs. m/S.M.Ventakteswara Rao AND Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

The Commissioner of Income Tax vs. M/s GRK Prasad AND others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

Commissioner of Income Tax, Rajahmundry. vs. m/s Ganesh Arrack Contractors,

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

The Commissioner of Income tax vs. M/s.V.Satyanrayana AND Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

COMMISSIONER OFINCOEMETAX vs. M/S. V.SATYANARAYANA AND OTHERS

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

Commissioner of Income Tax, vs. M/s Y.Ramakrishna and Others

In the result, for the above reasons, we set aside the orders

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

23 of the Indian Income Tax Act requires the Income Tax Officer to assess the total income of the assessee and determine the sum payable by him on the basis of such assessment, by “an order in writing”; but clause (b) of sub-section (2) of Section 10 of the Act requires the Commissioner to assess the amount

Principal Commissioner of Income Tax-2 vs. M/s Indur Green Power Private Limited

In the result, all the appeals fail and are hereby

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

10,00,000 (Ten Lacs.) Equity shares of Rs. 10/-(Rupees Ten only) each. IX. True accounts shall be kept of all sums of money received and expended by the Company and the matters in respect of which such receipts and expenditure take place and of the property, credits and liabilities of the Company; and, subject to any reasonable restrictions

THE PR COMMISSIONER OF INCOME TAX (CENTRAL) vs. BHAVANASI ANJANEYULU

Appeals are allowed in part

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowance to the extent of 10% is just and proper without adjudicating upon the challenge made by the Revenue in respect of the allowance of speed money charges to the extent of 90% i.e., over and above Rs.26/- per ton. Indeed the appeals filed by the assessee are pending consideration before the jurisdictional Tribunal. In the Miscellaneous Petitions filed

The Commissioner of Income Tax-III vs. Smt.Anitha Sanghi

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

23,249/-. The assessee declared Rs.2,06,92,53,033/- as book profit under Section 115JA of the Act. The return was processed under Section 143(1) of the Act resulting in refund of Rs.10,62,37,618/-. Thereafter a notice was issued under Section 143(2) of the Act. The Assessing Officer by an order dated 31.12.2002 inter alia

Commissioner of Income Tax-2, vs. Agricultural Market Committee,

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani & The Hon’Ble Justice Rajarshi Bharadwaj Date : 28Th February 2024. Appearance: Mr. J. P. Khaitan, Senior Advocate Mr. Somak Basu, Advocate … For The Appellant. Mr. Vipul Kundalia, Advocate Mr. Anurag Roy, Advocate Ms. Oindrila Ghosal, Advocate … For The Respondent. 1. Heard Sri J. P. Khaitan, Learned Senior Advocate Assisted By Sri Somak Basu, Learned Counsel For The Appellant Assessee & Vipul Kundalia, Learned Senior Standing Counsel For The Respondent. 2. This Appeal Was Admitted By This Court By Order Dated 19.08.2011 On Four Substantial Questions Of Law. Learned Counsel For The Appellant Has Stated That The Appellant Does Not Want To Press The Substantial

10 SCC 153 (paragraphs 31 and 32) Hon’ble Supreme Court again explained the provisions of Section 14A of the Act 1961, in the matter and held as under: 17 “31. The aforesaid discussion and the cited judgements advise this Court to conclude that the proportionate disallowance of interest is not warranted, under Section 14-A of the Income

The Commissioner of Income Tax (Exemptions0 vs. Kalinga Cultural Trust

In the result, we do not find any

Bench: ANIS,SANJAY KUMAR

disallowed the assessee's claim for deduction under Section 10B of the Act. 5. The Assessing Officer inter alia held that assessee is entitled to deduction under Section 10B of the Act only after verification and the contention of the assessee that old machinery from FFIPL was transferred to it only in April 2007 does not deserve acceptance