Commissioner of Income Tax -II vs. M/S Sri Ramanjaneya Poultry Farm Pvt., Ltd.,

Bench: CHALLA KODANDA RAM,G.CHANDRAIAH

7. In the present case, it is seen that there is no dispute that what are the dues of the plaintiff towards the defendants that stood determined in terms of the Order dated 7.7.2003 passed by the Income Tax Settlement Commission, and which Settlement Commission was approached by the plaintiff for settlement of the disputes and determination of the entitlement

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

94,62,056 as interest to Indian Overseas Bank on enjoying the working capital facility. Hence in view of the above, I hold that there is a direct nexus between the payments made to DD Properties (P) ltd. out of the interest, ITA Nos.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 7 bearing funds taken from Indian Overseas Bank and thus

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

Section 2(15) of the Act?. 44. We are dealing with a taxing statute. The intention of the legislature in a taxation statute is to be gathered from the language of the provisions particularly where the language is plain and unambiguous. In a Taxing Act, it is not possible to assume any intention or the governing purpose of the statute

The Commissioner of Income Tax III, vs. M/s. Swagath Seeds Private Limited

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

94,26,600/- as long term capital being transfer of land in “Devagiri Farms” by the assessee when the assessee was the owner of the said land and had gifted the same to his wife Smt. Anitha Purnesh through a registered Gift Deed dated 20.1.2003 subsequently assessee’s wife in turn transferred the said lands to the firm known

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

disallowed. These were put during the cross-examination of Bankey, PW 30. They are: Q. Did you state to the investigating officer that the gang rolled the dead bodies of Nathi, Saktu and Bharat Singh and scrutinized them, and did you tell him that the face of Asa Ram resembled that of the deceased Bharat Singh? Q. Did you state

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal

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

7]). The power to make best judgment assessment is not an arbitrary power. These principles of law are well settled. As observed by the Supreme Court in State of Orissa v Maharaja Shri B.P.Sing Deo[8], the scope of the best judgment assessment power has been explained by the Supreme Court in number of decisions. In Raghubar Mandal Harihar Mandal