Neelamalai Agro Industries Ltd. vs CIT
Capital gains - Transfer - destruction of capital asset - A.Y. 1976-77. The destruction of a capital asset in a fire would not come under the definition of the word 'transfer'. Hence the compensation amount r... [LexDoc Id : 199170]
Chennai HC
2002
CIT vs Mahavir Plantations (P) Ltd.
Reference - jurisdiction of High Court - Additional or new plea - A.Y. 1978-79 to 1981-82. The revenue was entitled to raise a legal contention for the first time before the Court when all the necessary findings that... [LexDoc Id : 199169]
Amartaara Ltd. vs CIT
Accrual of income - Ad hoc compensation received - A.Y. 1978-79. The assessee had averred in the plaint that Rs. 8.50 lakhs had been paid on account of the minimum loss suffered by it and by such payme... [LexDoc Id : 199167]