The Commissioner of Income Tax (Central) vs. G Radha Charan Reddy

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

disallowed to the petitioner. It is contended that like any other fiscal statute, the grant of input tax is a concession or relaxation and nobody is expected to claim it as a matter of vested right. The denial of the benefit of availing input tax credit to the purchases from dealers who opt for compounding facility cannot

Principal Commissioner of Income Tax vs. M/s Nara Constructions,

Bench: CHALLA KODANDA RAM,C.V.NAGARJUNA REDDY

disallowed while computing the total income is not deemed to be income in respect of which particulars have been concealed. 6. In the context of the present case, we would like to first reproduce clause (viii) of Section 36(1) of the Act as applicable in the Assessment Years 2003-2004 to 2009-2010, which reads:- “36. (1) The deductions

Commissioner of Income Tax -II vs. The Agrasen Coop. Urban Bank Ltd.,

In the result, for the above reasons, these appeals fail and

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

c) read with Section 6 of the BR Act. In so far as the income earned from these deposits is concerned, Section 80P(2)(a)(i) of the Act does not make any difference nor it is possible to read any such limitation having regard to the language of the said provision. Every income “attributable to any or more

The Commissioner of Income Tax-II vs. The Andhra Bank Employees Co.Operative Bank Limited

In the result, for the above reasons, these appeals fail and

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

c) read with Section 6 of the BR Act. In so far as the income earned from these deposits is concerned, Section 80P(2)(a)(i) of the Act does not make any difference nor it is possible to read any such limitation having regard to the language of the said provision. Every income “attributable to any or more

Commissioner of Income Tax-II, vs. M/S The A.P.Mahesh Coop. Urban Bank Ltd,

In the result, for the above reasons, these appeals fail and

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

c) read with Section 6 of the BR Act. In so far as the income earned from these deposits is concerned, Section 80P(2)(a)(i) of the Act does not make any difference nor it is possible to read any such limitation having regard to the language of the said provision. Every income “attributable to any or more

COMMISSIONER OF INCOME TAX-II, HYDERABAD vs. M/s. The A.P.Vardhaman(Mahila)Cooperative Urban

In the result, for the above reasons, these appeals fail and

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

c) read with Section 6 of the BR Act. In so far as the income earned from these deposits is concerned, Section 80P(2)(a)(i) of the Act does not make any difference nor it is possible to read any such limitation having regard to the language of the said provision. Every income “attributable to any or more

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

Commissioner of IncomeTax-2, vs. Mr. Mustafa Alam Khan,

Appeal is allowed

Bench: SANJAY KUMAR,GUDISEVA SHYAM PRASAD

disallowed and in its place, depreciation of Rs.6,30,864/- is allowed and difference amount of Rs.18,92,500/- is added back to the income declared.” (emphasis supplied) 9 12. It is forthcoming that it has been held that the deduction is required to be made under Section 32(1) of the IT Act. 13. Section 32(1

Commissioner of Income tax-V, vs. M/s. INTRACK INC,

C R BUILDING QUEENS ROAD BANGALORE … APPELLANTS (BY SRI KAMALADHAR G, ADV.) AND: 9 SMT. VIMALA S.W. WARAD PROP: M/S MAHENDRA ROAD LINES NO.13, RANGAPPA REDDY COMPLEX R V ROAD, MINERVA CIRCLE BANGALORE - 560004 .. RESPONDENT (BY SRI S PARTHASARATHI, ADV.) THIS APPEAL IS FILED UNDER SECTION 260-A OF I.T. ACT, 1961, ARISING OUT OF ORDER DATED 11/06/2013, PASSED

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

disallowance. We feel the assessee should be allowed to write back the depreciation for this year and even for previous and then allow the same to be carried forward for application for subsequent years. It is for the assessee to write back depreciation and if Hi >- V II done the Assessing Officer will modify the assessment determining higher income

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing

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

6], the Supreme Court was required to consider whether the expression ‘assessment order’ in Section 35 of the 1922 Act includes an order made under Section 23A which authorized the Income Tax officer to levy super tax at specified rates. Referring to Khemchand Ramdas as approved in C.A.Abraham, the Supreme Court held that, “the word ‘assessment’ is capable of bearing