Tata Infomedia Ltd. vs ACIT
Deduction: Income from publication of books-Publication of: Directory-The assessee published a directory of telephone numbers known as 'Yellow Pages'. The directory was a book. To be a book it was not necessary that it m [LexDoc Id : 334681]
ITAT (Mumbai)
2008
CIT vs Arjun Prasad and Ajit Kumar
Appeal to High court-Deletion of penalty by Tribunal, Penalty: Income estimated-AY 1984-85. The income of the assessee was estimated by estimating sales and applying net profit rate, by applying s.145(1). The explanation of the as [LexDoc Id : 332180]
HC (Allahabad)
2008
State of Himachal Pradesh vs Paras Ram and Ors.
Duty of the high court to give reasons for dismissing an appeal-Absence of reasons gendered the order unsustainable-The high court was duty bound to give reasons, howsoever brief, for dismissing an appeal in its order indicative of an application of its mind, partic [LexDoc Id : 331575]
SC
2008
Kaliyamma and Ors. vs Deputy Commnr. Chitradurga Distt. and Ors.
Affirmation of high court’s order-Alienation of property within non-alienable period-The Supreme Court affirmed the high court’s order that the land alienated within the non-alienable period was void and that the possession of the gran [LexDoc Id : 331572]
SC
2008
CIT vs Rajendra Kumar
Undisclosed Income-No evidence found in search-Block period 1 April 95 to 5 December 2004. The assessee was in the business of purchase and sale of wheat etc. The AO presumed on the basis of certai [LexDoc Id : 360290]
CIT vs Pithampur Steels (P) Ltd.
Validity of: Re-assessment-Change of opinion-AY 1995-96. The amount of sales tax refund received was shown in the original return. This was allowed as a deduction by the AO on basis of facts on r [LexDoc Id : 348934]
HC (Madhya Pradesh)
2008
CIT vs Ishwar Das Madho Prasad
Penalty: Compulsory audit of account-Belated filing of audit report-AY 1990-91. The assessee had got his accounts audited and had obtained the audit report in time. However it was filed belated with the return filed un [LexDoc Id : 347456]
CIT vs Dalip Chand and Sons and Vice Versa
Payment in cash-Absence of exceptional circumstances-The assessee made payments in cash in excess of specified limits for purchase of goods. There were no exceptional circumstances. The amount paid in ca [LexDoc Id : 342760]
CIT vs Silver Streak Trading (P) Ltd.
Validity of assessment-Not service of notice-AY 1997-98. As per the AO a notice under s.143(2) was issued on 28 November 1998, fixing the hearing on 8 December 1998. The assessee filed an affidav [LexDoc Id : 331747]
Mahamaya Agencies vs State of Tripura and Ors.
Value added tax-Rate of tax-A registration dealer of components and spare parts of motor vehicles was liable to pay vat at 4 per cent on sale of bearings, under a specific entry [LexDoc Id : 334357]
