CIT and Anr. vs H. Anil Kumar and Hasanand Shobharaj
Capital gains-Transfer of : Right to specific performance-A.Y.1998-1999. The assessee had paid Rs.1 Lakh as advance for purchase of property. He withdraw his suit against seller for specific performances for [LexDoc Id : 416765]
CIT and Anr. vs Islamic Academy Education
Interest on refund of tax-Refund of tax adjusted out of seized amount-A.Y.2004-2005. The return was filed after search, admitting huge tax liability. the tax payable was adjusted against cash seized. On asstt. there was [LexDoc Id : 408801]
Madhya Pradesh State Electricity Board vs UOI
Condonation of delay for filing returns-Genuine hardship-A.Y.2000-2001, 2002-2003. The assessee had shown a loss of Rs.1500 crores. It delay was not condoned there would be hardship since loss would not be c [LexDoc Id : 406330]
M.P. State Electricity Board vs UOI
Powers of: CBDT-Condo nation of delay- Genuine hardship-AY 2001-2002 and 2002-2003. The assessee was a State Electricity Board. There was a delay in filing loss return due to bifurcation of State. There wou [LexDoc Id : 402461]
HC (Madhya Pradesh)
2011
DLF Ltd. vs Addl. DG, CCI
Writ petition-Challenge to order of Competition Commission of India-The petitioner had challenged the order passed by the Competition Commission of India under s.26(1) of the Competition Act 2002 principally on the gro [LexDoc Id : 401389]
HC (Delhi)
2011
Friends Clearing Agency (P) Ltd. vs CIT
Business expenditure- Rule of consistency-No ad hoc disallowance-AY 1992-1993. There could be no ad hoc disallowance of business expenditure. Further such disallowance was deleted by Tribunal in earlier year. Rule o [LexDoc Id : 401350]
Shanker Raju vs UOI
Interpretation of words-Term and tenure-The expression ‘term’ signified a fixed period or a determined or prescribed duration. The word ‘term’, when used in reference to the tenure of office [LexDoc Id : 400951]
CIT vs State Farming Corpn. of Kerala Ltd.
Sale of rubber v. Agricultural income-Sale of: Scrap rubber-Taking yield of rubber was an agricultural operation. The income from sale of scrap-rubber viz- tree scrap,shell scrap and earth scrap was agricultura [LexDoc Id : 410932]
HC (Kerala)
2011
CIT vs M.E. Meeran
Right of appeal vis-à-vis Agreed asstt. - Powers of Tribunal-Appeal against agreed asstt.-The assessee had two units at 'T' and 'K'. The unit at 'K' was eligible for deduction u/s 80-IB. Goods from unit 'T' were transferred to unit 'K' at c [LexDoc Id : 410045]
