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4 results for “disallowance”+ Section 239clear

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Key Topics

Section 373Section 2602Section 260A2Section 115J2

The Director of Income Tax-(Exemptions), vs. Vasavi Academy of Education

ITTA/601/2016HC Telangana29 Nov 2016

Bench: ANIS,SANJAY KUMAR

Section 109Section 13Section 13(2)Section 401

disallowed and similarly, the rent paid by others have been discarded. Without any basis, it is simply stated that the vehicle was purchased by paying Rs.3,50,000/- from out of the ill gotton money in the hands of the husband of the petitioner. It was contended that the father of the petitioner, who is a retired Central Government employee

The Commissioner of Income Tax - Central vs. M/s. Himagiri Biotech Pvt. Ltd.,

ITTA/526/2013HC Telangana30 Oct 2013
Section 36

disallowance can be made.” 9. It is argued by the revenue that ITAT has failed to appreciate that for the claim of interest, it is necessary that, firstly, the money ITA Nos.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 10 must have been borrowed by the assessee, secondly, it must have been borrowed for the purpose of business and thirdly

Commissioner of Income Tax vs. J Charan Kumar [HUF]

The appeals are dismissed

ITTA/211/2017HC Telangana17 Apr 2017

Bench: J. UMA DEVI,V RAMASUBRAMANIAN

Section 260ASection 37

disallowed in terms contemplated by Explanation 1 forming part of Section 37. 21. Appearing for the respondent assessee, Mr. Vohra, learned senior counsel submitted that it would be wholly incorrect to view the Bar Council of India Rules as amounting to a prohibition imposed by law and thus fall within the ken of Explanation 1. Mr. Vohra submitted that

The Commissoner of Income Tax I , vs. M/s. Alpha Thought Technologies P Ltd.,

In the result, the orders passed by the

ITTA/191/2011HC Telangana21 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 115JSection 260Section 260A

239/- being income from other sources. The return of income was selected for scrutiny and a notice under Section 143(2) of the Act was issued to the assessee. 5. The Assessing Officer passed an order of assessment on 30.11.2007 under Section 143(3) of the Act and disallowed