Commissioner of Income Tax vs. M/s.K.Seetha Ramaiah AND Others

The appeal stands dismissed

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

disallowed by the A.O. and confirmed by CIT(A) and whether the finding in respect of the above additions is perverse? 3. “Whether on the facts and circumstances of the case, the learned ITAT was right and justified in holding that Rs. 16 Lac had flown back from unexplained lease payments and whether the finding in respect of the above

Andhra PRadesh Pradesh Fibres Limited vs. Assistant commissioner of Income Tax

In the result, the order passed by the

Bench: V.V.S.RAO,SANJAY KUMAR

disallowed 100% depreciation on pollution control equipments amounting to Rs.4,93,00,000/-. The assessing officer also taxed the notional income on the amount of loan advanced to Madhya Pradesh State Electricity Board. The said order was subject matter of challenge before the Commissioner of Income Tax (Appeals). The Commissioner of Income Tax (Appeals) by an order dated 30.08.2010 held

THE COMMISSIONER OF INCOME TAX-III vs. M/S. SOMA ENTERPRISES LTD

The appeal is disposed off accordingly

Bench: The Hon'Ble Mr. Justice Ravi Malimath

disallowing the expenses on which tax has not been deducted at source. 11. The same is disputed by the learned counsel for the respondent. 12. Section 40(a)(ia) of the Income Tax Act reads as follows: “Section 40 – Notwithstanding anything to the contrary in sections 30 to 38, the following amounts shall not be deducted in 10 computing

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

3 1961 on the income from dividends (full amount of dividend – interest on borrowed capital utilized for investment in units of UTI) as against the claim of the assessee for deduction under Section 80M of the Act, 1961 on the full amount of dividend; and ordered for interest under Section 201(1A). The assessing officer also made certain additions/disallowances

Commissioner of Income Tax, vs. Dr. T.Ravi Kumar,

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani & The Hon’Ble Justice Rajarshi Bharadwaj Date : 10Th April, 2024. Appearance: Mr. J. P. Khaitan, Senior Advocate Mr. Sanjay Bhowmick, Advocate Ms. Swapna Das, Advocate … For The Appellant. Ms. Smita Das De, Advocate … For The Respondent. 1. Heard Sri J. P. Khaitan, Learned Senior Advocate Assisted By Sri Sanjay Bhowmick, Learned Counsel For The Appellant/Assessee & Ms. Smita Das De, Learned Senior Standing Counsel For The Respondent. 2. The Assessment Years Involved In The Present Appeal Are Assessment Year 1999-2000 & Assessment Year 2000-01. By Order Dated 16.08.2012, This Appeal Was Admitted On The Following Substantial Questions Of Law :-

14. In the case of Sun Engineering Works P. Ltd. (supra) Hon’ble Supreme Court had dealt with a reassessment proceeding and in that context held that the Income Tax Officer cannot make an order of reassessment inconsistent with the original order of assessment in respect of matters which are not the subject matter of proceedings under Section

The Commissioner of Income Tax IV vs. M/s Matrix Power Pvt Ltd.,

disallowed, as the income of this unit was exempt from tax. In response, the Assessee furnished its detailed submissions, which, however, were rejected by the AO who was of the opinion that as Section 10B was in Chapter-III of the Act, under the heading ―incomes which do not form part of total income‖, legislative intent was clear that such

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

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

3) The provisions of sub-Section (2) shall also apply in relation to a case where an assesee claims that no expenditure has been incurred by him in relation to income which does not form part of the total income under this Act. Provided that nothing contained in this Section shall empower the Assessing Officer either to reassess under Section

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

COMMISSIONER OF INCOME TAX, vs. M/S G.R.K.PRASAD AND OTHERS

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

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall

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

14] which was affirmed by the Supreme Court in Union of India v A.Sanyasi Rao[15]. These decisions dealt with the constitutional validity of Sections 44AC and 206C of the Act[16]. Section 44AC of the Act inter alia stipulated that the profits and gains of purchaser of goods in the nature of alcoholic liquor for human consumption shall