Dana Corpn., In re
Capital Gains vs Reorganization of business-Transfer of shares without consideration-The applicant was a company of USA. It transferred its equity shares in three Indian Companies without consideration under a share transfer agreement [LexDoc Id : 377429]
Alka Luthra vs ACIT
Penalty - Concealment of income-Surrender of income to buy peace-AY 2002-2003. The assessee had shown receipt of a gift of Rs. 3.50 lakhs. The interest accruing on deposit of the said sum was assessed in her hands. [LexDoc Id : 388122]
ACIT vs Bony Polymers (P) Ltd.
Commission paid to directors-Application of S.36(1)(ii)-The assessee had paid commission to its directors. There was nothing record to show that had this amount not been paid as commission, it would have be [LexDoc Id : 385302]
ITAT (Delhi)
2009
Mangal Singh (HUF) vs ACIT
Accrual of capital gains-Performance of part of contract-AY 1998-99 and 1999-2000.
The assessee owned agricultural land situated at a distance of more than 2kms from National highway. He transferred lend to [LexDoc Id : 385298]
IFCI Ltd. vs Modi Industries Ltd. and Ors.
Suit for recovery of dues-Dismissal of suit by DRAT unsustainable-The petitioner was a secured creditor of the respondent, which had become sick. On the basis of communication dated May 2000, the petitioner filed a s [LexDoc Id : 377204]
CIT vs M. Thankamma
Duty of Tribunal-Consideration of facts-Block-period 1 April 1989 to 17 September 1998. The Tribunal must consider the material on record and facts of the case before cancelling the asstt.LexDoc Id : 397707]
HC (Kerala)
2009
CIT vs Sir Shadi Lal Enterprises Ltd.
Validity of: fresh asstt. order-Order under s.263 set aside by Tribunal-AY 1986-1987. The original asstt. order passed by the AO was set aside by the CIT under s.263. The order under s.263 was set aside by the Tribunal. Th [LexDoc Id : 394578]
