JCIT vs Arathi Shenoy and Ors.
Income : Capital receipts-Share of profit from firm pending disolution of firm-The assessee was apartner in a firm. He received hid share of profit for 234 days pending dissolution of firm by courts order. It was his taxable inco [LexDoc Id : 408802]
HC (Karnataka)
2010
ADIT and Ors. vs Apparasu Ravi
Residence - Citizen of India-Stay in India-The assessee was in India for 365 days in past 4 years and for 96 days in the previous year. He was resident in India
S.6(1)(c), Expln. of the In [LexDoc Id : 407562]
ABN Amro Bank vs CIT
Computation of : income of Indian branch-Interest paid to head office-The assessee was the bank of Netherland. Its Indian branchpaid interest to it. the interest received was not chargeable to tax. The interest paid was [LexDoc Id : 405086]
CIT and ITO vs Meena Goyal
VDIS 1997-Pendency of : Prosecution proceedings-A.Y.1993-1994. An FIR was lodged against the assessee but the same was withdrawn. No prosecution proceedings were pending on date of declaration under [LexDoc Id : 400823]
CIT vs Sociedade de Fomento Industrial Ltd.
Business Profits- Interest as business income-Interest on deposits-The assessee was mining and exporting iron ore. The activity of making deposits for interest was part of its business activity. It was so found by Tri [LexDoc Id : 400407]
Aurora Educational Society vs Chief CIT and Ors.
Condonation of delay-Law applicable- proviso xiv to S. 10(23C)-The delay in application under s.10(23C) could not be condoned after insertion of proviso xiv.
Proviso xiv, S.10(23c) of the Income Tax Act 1961 [LexDoc Id : 422491]
