The Director of Income Tax, (Exemptions) vs. Royal Education Society

In the result, the appeal is disposed of

Bench: ANIS,SANJAY KUMAR

u/s 148 of the Act on the facts and circumstances of the case? (3) Whether the Tribunal is justified in law in holding that the appellant is not entitled to make additional claim of loss incurred of Rs.8,28,65,052/- in the re- assessment proceedings under section 147 of the Act on the facts and circumstances of the case

PR COMMR OF INCOME TAX-2, HYDERABAD vs. K RAVINDER REDDY, HYDERABAD

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

reassessment proceedings. The assessees resisted the move to assess them, contending that they were not subjected to income tax laws of India as they had no permanent establishment. The AO by order dated 31.12.2008 held that the appellant has a fixed place PE and DAPE in India. Further, the AO also deemed 10% of the value of supplies made

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

loss of Rs.12,218.73 is reflected in the P& L a/c. Audit report & ITR-V of M/s. Mrigiya Electronics Industries P Ltd. is annexed with this order as Annexure-A.” 4.1. Taking into consideration the above factual position the AO held as under:- 16. The assessee has claimed expenditure under various heads. These expenditures have been charged to project work