Mira Kulkarni vs ACIT
Business expenses-Expenses not for assessee’s business-A.Y. 2003-04
The expenses incurred on property which was used for personal purpose were not deductible.
S. 37(1)
[LexDoc Id : 421156]
Delhi Music Society vs Director General of Income Tax
Exemption- Educational institution –Music & Dance School-Relevant considerations-The assessee society was promoting and teaching all forms of music & dance. It was being run like a school with regular classes. It did not conduct it [LexDoc Id : 420843]
Janata Co-op. Bank Ltd. vs CIT and Ors.
Rectification of mistake-Mistake in Revisional order u/s 264-A.Y. 2007-08.
The apparent mistake occurred in revisional order passed by CIT u/s 264. The CIT could rectify his order u/s 264.
Ss. 154(1A), [LexDoc Id : 436742]
HC (Bombay)
2011
CIT vs Kailash Chandra Dhanuka
Set off of loss - Dealings in securities under certain circumstances-Conditions precedent - Cumulative conditions-A.Y. 2004-05.
The 3 conditions stated u/s 94(7) are all to be satisfied, these being cumulative, to attract the provision.
It all the 3 cond [LexDoc Id : 428681]
HC (Madhya Pradesh)
2011
Manish Prakash Gupta vs CIT
Validity of: Block- Asstt-Not issuing notice u/s 143(2)-No notice u/s 143(2) was issued before making asstt u/s 158BC. The A.O’s order u/s 158BC was without jurisdiction. S.292BB is a rule of evidence and a [LexDoc Id : 427508]
Gopal Lal Bhadruka, Avadesh Bhadruka, Ahura Holdings and Ors. vs CIT
Block-Assessment - Effect of S. 158BI-Materials other than discovered in search-Block ending 27.6.2006.
After insertion of S. 158BI, the A.O. could take into consideration material not found in search. The receipt of, 'on mon [LexDoc Id : 426658]
Maheshwari Agro Industries vs UOI and Ors.
Powers of CIT(A)-Stay of demand- Ay- 2008-09. The CIT (A) or Dy. CIT (A) has inherent power to grant stay of recovery of disputed tax while an appeal is pending before him.
S. 2 [LexDoc Id : 422324]
HC (Rajasthan)
2011
Orissa Rural Housing Development Corpn. Ltd. vs ACIT
Maintainability of: appeal-Merger with Re-visional orders u/s 264-Once the jurisdiction u/s 264 is invoked and CIT passes an order, the order of asst merges with order u/s 264. No appeal against order passed u/s 264 [LexDoc Id : 422297]
