Commissioner of Income Tax, vs. Agricultural Market Committee,

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

Sections 10(20) and (29) read as under. 10(20) the income of a local authority which is chargeable under the head ‘Income from house property

The Commissioner of Income Tax-IV vs. M/s Pokarna Limited

The appeals are dismissed

Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA

10. Section 22 of the Act deals with income from House property which reads as under: Income from house property

THE COMMISSIONER OF INCOME TAX-IV vs. M/S NMDC LIMITED

In the result, this Appeal Suit is partly allowed by modifying the

Bench: The Madurai Bench Of Madras High Court Reserved On : 19.03.2024 Delivered On : 18.06.2024 Coram The Hon'Ble Mrs.Justice L.Victoria Gowri A.S.(Md)No.110 Of 2015 1.S.Govindasamy 2.S.Rajaraman 3.S.Kalaiselvan ... Appellants

10. All the suit schedule properties are the self acquired properties of the grandfather of the plaintiffs, the defendants 1, 3 and 4 namely Panchanatham Pillai and their grandmother namely Kasiammal. Categorically contending that no pleading elaborating joint family business has been made and that the same does not figure out in the schedule of property, the learned counsel contended

The Commissioner of Income Tax - I vs. M/s. BBL Foods (Earlier Amber Biscuits P Ltd.)

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

10. During subsistence of their marriage, several properties were acquired by them jointly and severally and after their separation, Sri.Joy filed O.P No.559 of 2006 for declaration with respect to item No.1 to 17 properties as his own and Smt.Mini filed O.P No.775 of 2006 claiming absolute right with respect to 'A' to 'P' schedule immovable properties and 'Q' schedule

The Commissioner of Income Tax III, vs. Sri Ravi Sanghi

The appeal is allowed

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

house property. The CIT (Appeal) allowed the appeal of the assessee and held the income to be income from business. The ITAT, after referring to section 27 (iiib) of the Income Tax Act defining the term “deemed owner” and Section 269UA(f) of the Act defining the word “transfer”; 10

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

The appeal is disposed of

10) of the Act in the light of the fact whether the assessee had applied the income for charitable purposes. However, the Tribunal held that Section 13(8) of the Act was incorporated with effect from 01.04.2009 and by virtue of Section 13(8) of the Act, the income of the assessee from developing housing project by virtue of Section

DIR OF INCOME TAX [INTERNATIONAL TAXATION], HYDERABAD vs. NIMMAGADDA PRASAD, SECUNDERABAD

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

Property is required for personal occupation of the Appellant/Petitioner? 3) Whether there are reasons to interfere with the orders passed by the learned Rent Controller-cum-Principal Junior Civil Judge, Guntur in RCC.No.13/2008 Dt.26.07.2010? 11. The Rent Control Appellate Authority had considered issues 1 and 2 jointly and held both the issues against the petitioner. Issue No.3

M/s. Maruthi Movies vs. Income Tax Officer

Bench: This Court & Making The Same A Rule Of Court, Alongwith Decree Against Respondents Awarding Rs.5,35,920/- Paid By The Petitioner To The Arbitrator As Their Share Of Fees As Per Order Dated 21.12.2010. 2. Respondent No.1 Has Filed Its Objections To The Award Under Section 30 & 33 Of The Act In Form Of I.A. No.9067/2011. Respondent No.2 Has Also Filed Its Objections To The Award.

house was unreasonable as compared to the market rent. On the same day, the respondent No.1 addressed the second letter dated 17.05.1986 enclosing therewith the list of properties from the property broker. The petitioner vide its letter dated 21.05.1986 replied to the above letter seeking confirmation from the respondents to the effect that they have seen those properties and found

The Commissioner of Income Tax(Central) vs. M/s.Madhu Enterprises

Bench: The Learned

property bearing address D-6/5, Vasant Vihar, New Delhi. According to the AO, the basement and second floor were required to be considered as two separate residential houses. 13. In terms of clause (i) to the proviso to Section 54F(1) of the act, the said section would not apply if the assessee owned more than one residential house

ANDHRA BANK FINANCIAL SERVICES LTD, HYDERABAD vs. THE COMMISSIONER OF INCOME TAX-I, HYDERABAD

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

Section 13 confers overriding effect on the Special Court Act. It says that provisions of the Special Court Act shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or in any instrument having effect by virtue of any law other than this Act or in any decree or order

ANDHRA BANK FINANCIAL SERVICES LIMITED vs. THE COMMISSIONER OF INCOME TAX-I

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

Section 13 confers overriding effect on the Special Court Act. It says that provisions of the Special Court Act shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or in any instrument having effect by virtue of any law other than this Act or in any decree or order

ANDHRA BANK FINANCIAL SERVICES LTD,. HYDERABAD vs. THE COMMISSIONER OF INCOME TAX-I, HYDERABAD

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

Section 13 confers overriding effect on the Special Court Act. It says that provisions of the Special Court Act shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or in any instrument having effect by virtue of any law other than this Act or in any decree or order

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

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

10 of 16 Meetings were held and the opinion expressed then was that the respondent-assessee bank would be eligible for deduction. Legal opinion was also taken from a Chartered Accountant. 14. The respondent-assessee bank, in the return of income filed by them, had taken care and caution to make a specific disclosure in respect of deduction claimed under

The Commissioner of Inccome Tax-III vs. Speectra Shares AND Scrips Pvt Ltd

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

House Estate Ltd. illustrate the contrary proposition. There, the property, though dealt with by a company intending to do business, was dealt with as landowner. The intention in those cases was not to derive profit by business done with those properties but to derive .income by renting them out Where a Company acquires properties which it sells or leases

The Commissioner of Income Tax-V vs. M/s.Sri Somnath Wood Industries

In the result, revision application succeeds

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Houses (Rent, Eviction and Lease) Control Act (20 of 1954), S.26(c) – Power of High Court in revision under section – It is narrower than in appeal and is similar to one under Section 115, Civil P.C. - High Court commits error in reappreciating evidence.” (iii) Vasant Mahadeo Gujar Vs. Baitulla Ismail Shaikh, CRA No.770 of 2013 dt. 04th August, 2015 (Bom.H.C

Commissioner of Income Taxd vs. M/sA.,Venjkatarao AND Others

Inasmuch as all that is required is for the settler of the trust to declare that the

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

houses are not really the objects, but were clauses stipulating the powers of the trustees. Having thus made a distinction between the objects and powers, the CIT (Appeals) proceeded to examine Section 11(4A) vis-à- vis Section 11(4) of the Act. He held that the amended provisions of Section 11(4A) would apply from the assessment year

M/S.A.G.BIOTECH LABORATORIES [INDIA] LTD vs. INCOME TAX OFFICER

Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA

section 10 of the t('. 4.3 Applrcability: This amendment has been made a) tlicable with effect from 1" Aprtl, 2009 and shall according t apply for assessment year 2009- 1O and subsequent assessment ears." 2L. It would also be relevant to take note of a fe\, judgments on the subject matter. Firstly, the Madras High CoLrrt in the case

THE COMMISSIONER OF INCOME TAX III, vs. M/S. SAVIJANA SEA FOODS PVT. LTD.,

Appeals of the Revenue are dismissed

Bench: J SREENIVAS RAO,ALOK ARADHE

HOUSING PVT.LTD ...... Respondent Through: Mr. M.S. Syali, Senior Advocate with Mr. Arta Trana Panda and Ms. Gargi Sethee, Advocates. CORAM: JUSTICE S. MURALIDHAR JUSTICE SANJEEV NARULA ITA 210/2003 & connected matters Page 5 of 36 J U D G M E N T Dr. S. Muralidhar, J.: 1. These are 11 appeals under Section 260-A of the Income