Visvesvaraya Technological University vs ACIT
Exemption from Tax-University-Condition precedent-A.Y. 2004-2005 to 2009-2010. For exemption under s.10(23C)(iiiab), the university must exist for imparting education without any motive for profit. LexDoc Id : 460112]
HC (Karnataka)
2013
CIT vs Udham Singh and Sons
Cash Credit in Partner's Capital A/C-Unexplained Credit in Partner's Capital A/C-A.Y. 1989-1999. 'SP' was a partner in assessee-firm. The credit of Rs. 1 lac in his capital a/c was explained as gift. It was explained that it was a [LexDoc Id : 459964]
MDLR Resorts (P) Ltd. and Ors. vs CIT and Ors.
Validity of search-Lapse in Panchnama-A.Y. 2002-2003 to 2008-2009. The details of 22 persons to be searched recorded in search warrant and some names mentioned at bottom of first page and [LexDoc Id : 458946]
HC (Delhi)
2013
ACIT vs Sanjay Kumath
Date of acquisition of flat-Allotment of flat-A.Y. 2009-2010. A flat was purchased by the assessee from a builder. The flat was allotted to assessee by issue of an allotment letter on 22.1.2005. T [LexDoc Id : 463210]
CIT vs Krishna Chandra Gandhi Jan Shiksha Nyas
Cancellation of: Registration of trust-Discretionary powers with trustees-The trust-deed gave powers to the Board of Trustees to do any work as deemed fit by it. No part of income of the trust was spent on any object other t [LexDoc Id : 462167]
CIT and Anr. vs Sasken Communication Technologies Ltd.
Total turnover–Export business-Multiple Units-Units eligible for deduction-Units eligible for exemption-A.Y. 2001-2002. The assessee was exporting computer software and also selling it in domestic market.
The total turnover included total export [LexDoc Id : 459748]
HC (Karnataka)
2013
CIT vs Bharti Hexacom Ltd.
Business expenditure-Interest on delayed payment of license fees-A.Y. 1999-2000 to 2007-08.
The question was whether interest paid/payable on delayed payment was or was not business expenditure.
If the int [LexDoc Id : 458871]
HC (Delhi)
2013
M. Jaffer Saheb (Dead) through L.Rs vs CIT
Accrual of income - refund of tax-Interest on refund of tax-A.Y. 1990-91.
The assessee become entitled to refund of tax consequent on appeal. The quantification of refund would not postpone the accrual of [LexDoc Id : 458524]
HC (Andhra Pradesh)
2013
DIT and Anr. vs Dolphin Drilling Ltd.
FTS vis-ŕ-vis salary-Salary exempt u/s 10(6)(viii)-A.Y. 2004-05.
Besides paying a fixed sum, the assessee also took over personnel of the foreign concern as its own employees. The salary paid to f [LexDoc Id : 456905]
