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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

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

145(3) of the Act indicate that the computation of total income should be by adopting an objective method, and subjectivity in arriving at the taxable income is not contemplated under law. The word ‘assessment’ is, therefore, to be understood in each Section with reference to the context in which it has been used. In some Sections

The Commissioner of Income tax III, vs. Biraj Kavar Galada

The appeals are disposed of

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

disallowed? (ii) Whether the provisions of Section 14A of the Act read with Rule 8D of the Income Tax Rules should be made applicable to all pending matters as the same is clarifactory in nature in view of the consistent stands taken by the department? (iii) Whether the tribunal was correct in holding that the estimated expenditure cannot be treated

The Commissioner of Income Tax (Central) vs. K. V. Srinivasa Rao

2. “Did you state to the investigating officer about the presence of the gas lantern?” 44. Learned Sessions Judge disallowed the questions holding that omission does not amount to contradiction and cannot be put under section 161 of Cr.P.C. He held: “Therefore, if there is no contradiction between his evidence in court and his recorded statement in the diary

The Commissioner of Income Tax IV vs. Margadarshi Chit Fund Pvt. Ltd.,

The appeal is dismissed

2 were completed and addition of Rs.1,01,016/- was made and keeping in view the provisions of Section 40 (a) (ia) of the Act 1961 payment of Rs.1,01,016/- made to Satake India Engg (P) Ltd on account of AMC was disallowed. Further Rs.56,650/- incurred on purchase of UPS held to be capitalized and depreciation was ordered

Commissioner of Income Tax-II vs. Energy Solutions International India Pvt Ltd.,

Bench: J. UMA DEVI,V RAMASUBRAMANIAN

2. The Revenue in its Memorandum of Appeal filed under Section 260A of the Income Tax Act, 1961 (hereinafter ‘1961 Act’) had framed the following question, as the substantial question of law: “Whether on the facts and in the circumstances of the case, the Tribunal is justified in law in setting aside the disallowance of Rs.5,89,49,503/- claimed

The Prl Commissioner of Income Tax [Central] vs. G Sanjay Chowdhary

Bench: CHALLA KODANDA RAM,G.CHANDRAIAH

section 145(3) of the Act, 1961. 2. Whether the Hon’ble Member of ITAT erred in law in deleting the AO to reduce the disallowance