REPL Enterprises Ltd. vs ITO
Interest on borrowed capital-Subscription to developed shares-AY 1996-1997. The assessee borrowed funds for placement of preferential shares to 'RL'. It could not procure allotment and refunded the amount with in [LexDoc Id : 392816]
Mukesh Malhotra, Rakesh Malhotra and Jai Dev Malhotra vs CIT
Estimate of income-Hotel business-Estimate of hotel receipts, Finding of fact-AY 1994-1995 and 1995-1996. The assessee was running a hotel in Shimla. The AO estimated receipts taking 105 days as occupancy even though occupancy i [LexDoc Id : 383499]
Pioneer Overseas Corpn. vs ADIT and DDIT
Income deemed to accrue in India-Income of Branch Office in India-The assessee was a non resident company of USA had a branch office in India.
The branch office for:
1. Conducting research in agricultur [LexDoc Id : 380552]
CIT vs Kishori Lal Construction Ltd.
Cash credits-Onus of proof-AY 2000-2001. The assessee had filed confirmation from creditor for the amount taken on sale of shares. The amount was received thru bank. It had prov [LexDoc Id : 392786]
