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

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

housing loans to them, without making proper pre-sanction verifications, and accepting forged income tax returns, and without ensuring the end use of funds. Sri.Joy was found guilty and convicted along with the other accused, and he was sentenced to undergo simple imprisonment for two years each and fine, under Section 120B read with Sections

PRINCIPAL COMMISSIONER OF INCOME TAX, RAJAHMUNDRY vs. SRI KAVIVARAPU VENU, E.G.DIST

Appeal is dismissed and disposed of accordingly

Bench: C.V.NAGARJUNA REDDY,T.AMARNATH GOUD

property so as to expand his business. iii. It is alleged that the drawer approached the appellant in the first week of November 2010 and requested for a loan of amount Rs. 4,00,000/-. Since he was known to the appellant prior to this transaction as the latter had lent money to him on several earlier instances, the appellant

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

Bench: The Learned

Section 54F of the Act asserting that the consideration received from the sale of shares of FIITJEE Ltd. — an unlisted company, the gains from which would otherwise be chargeable to tax as capital gains — was invested in acquiring a residential house property bearing the address E- 27

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

Sections 25 and 27 of the Arms Act. It was asserted that Police Post-Mehatpur informed the Police Station Sadar Una that a shooting incident had taken place in plot No. 12B of Mehatpur Industrial Area. SI/SHO Kamaldeep (PW50), ASI Maan Singh (PW28), ASI Anjan Pal, HC Rajiv Kumar, HC Sartaj Singh and Constable Rajat Kumar went to verify

The Commissioner of Income Tax IV vs. Shri Raaj Kumar Jain

properties to CBI Authorities. 16 46 RC Garwaan IO. Proved the FIR registered by the CBI on 11.01.2007 and chargesheet. Proved the seizure panchnama dt. 14.04.2007 and 16.04.2007 of biological material clothes etc. from the drain on the main road facing the row of houses D2-D6 prepared by his colleague Stephen Durairaj. Proved forwarding letter to Forensic Deptt., AIIMS

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

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

Commissioner of Income Tax, Guntur. vs. Agricultural Market Committee, Kangiri.

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

property held under trust wholly or partly for charitable or religious purposes shall not be included in the total income of the previous year of the person in receipt of the income. A market committee, constituted under Section 4 of the AMC Act, as mandated by Section 15 of the AMC Act read with Rule 27 of the Rules

Commissioner of Income Tax, vs. Agricultural Market Committee,

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

property held under trust wholly or partly for charitable or religious purposes shall not be included in the total income of the previous year of the person in receipt of the income. A market committee, constituted under Section 4 of the AMC Act, as mandated by Section 15 of the AMC Act read with Rule 27 of the Rules

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

house or a newspaper. 23. It was contended on behalf of the assessee that the mere letting out of the factory on lease w. e. f. 01.01.1992 does not amount to carrying on of any business. We are unable to accept this contention. Initially the assessee carried on the business itself. The production unit

The Commissioner of Income-tax [Exemptions] vs. Water and Land Management Training AND Research Institute

Bench: The Hon’Ble Mr. Justice R.Nataraj

HOUSE RENT REVISION PETITION NO.56 OF 2017 BETWEEN: 1. M/S MAHENDRA WATCH COMPANY A PARTNERSHIP FIRM, REPRESENTED BY ITS PARTNERS MR. RAJESH KUMAR, S/O SHANTHILALJI, SHOP NO.1, GROUND FLOOR, MARUTHI PLAZA, U.M. LANE, BLOCK-C, CHICKPET, BENGALURU-560053 (THE PRESENT PARTNERS OF THE FIRM ARE SRI ASHISH M. JAIN AND ATUL JAIN) 2. SRI. ASHISH M. JAIN S/O SRI MOHANLALJI

THE COMMISSIONER OF INCOME TAX vs. SRI PINNAMANENI PARANDHAMAIAH

In the result, the appeal is allowed

Bench: C.V.NAGARJUNA REDDY,T.AMARNATH GOUD

property by way of complex commercial activities, in that event it must be held as business income. 27. Sub-section (1) of Section 56 makes it clear that income of every kind which is not to be excluded from the total income under this Act shall be chargeable to income-tax under the head "income from other sources

SMT. SHANTHA VIDYASAGAR ANNAM vs. INCOME TAX OFFICER, WARD-4(2) HYDERABAD

In the result, the orders dated 09

Bench: J SREENIVAS RAO,ALOK ARADHE

27 .1 1.2OOO, wherein the assessee declared her income as Nil. However, in the note accompanying the return, the assessee stated that she had entered into a development agreement on 04.05.1996 with a builder for construction of residential flats on sharing basis A copy of the agreement along with the return was enclosed. According to the assessee, the possession

The Commissioner of Income TAx-IV, vs. M/s. Mahaveer Enterprises (India) Limited

The Appeal is dismissed

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

section 6 of the Urban Land (Ceiling and Regulation) Act, 1976 (hereinafter referred to as “the Act”) in the prescribed Form No.1, on behalf of his family specifying the extent of lands held by his family members all of which are situated in Ahmedabad as under: Sr. No. Name of village Survey No. Area Manner in which acquired Page 27

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

Commissioner of Income Tax, vs. M/s. Kokivenkateswara Reddy AND others,

Appeals of the Revenue are dismissed

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

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

The Commissioner of Income Tax IV vs. M/s. Nava Bharat Ferro Alloys Ltd.,

house in India for himself and his family so as to own, possess and enjoy the same in his old age and visit his mother country India as and when he desires. The RC.REV. 392/2013 & 394/2013 Page 12 of 46 petitioner led the evidence that he has been paying exorbitant prices/charges for the hotel for his stay