Chawla Properties (P) Ltd. vs DCIT
Unexplained investment vs Undisclosed income-No incriminating evidence found-Block Period: 1 April 1995 to 9 October 2001. On facts of case, the Tribunal had found that there was no seizure of No incriminating evidence found wh [LexDoc Id : 371146]
Apollo International Ltd. vs DCIT
Business expenses-Computer software expenses etc.-The assessee incurred expenses on computer software, on Export Management software and on Cost of Fox Pro Package. These were claimed as business expe [LexDoc Id : 368178]
ITAT (Delhi)
2008
DCIT vs Anuj Kumar Jain
Reasonableness of business expenditure-Job charges paid to close relative-AY 2003-04. The assessee paid certain amount as job-charges to his father for rendering job work. A sum was paid for doing jobs like fabrication and e [LexDoc Id : 367986]
ITAT (Delhi)
2008
DCIT vs Ranbaxy Laboratories Ltd.
Rectification of mistake-Computation of book-profits: Deduction under s.80HHC-AY 2004-05. Debatable Issue. The AO had allowed 100 per cent deduction under s.80HHC while computing book-profits under s.115JB. The AO later r [LexDoc Id : 367985]
BPL Display Devices Ltd., In re
Winding up: Recommendation by BIFR-Harmonising of statutes, Duty of company court to protect interest of workmen-The high court held that where recommendation of winding up had been made by the Board for Industrial and Financial Reconstruction and that court was [LexDoc Id : 363177]
HC (Allahabad)
2008
CWT vs Kanhi Ram Sihi
Valuation of Assets-Right to receive compensation under land Acquisition Act-AY 1973-74, 1977-78 to 1979-80. On the valuation date the assessee had a right to receive compensation under land Acquisition Act, 1894, which was yet [LexDoc Id : 362647]
Gloric Investments Ltd. vs DCIT
Refund of TDS-Rectification of assessment-AY 2002-03. The assessee made request for refund of TDS after filing the original return. The application made was well within time under s.239 and un [LexDoc Id : 357990]
ANZ Reality (P) Ltd. vs ITO
TDS: Deemed dividend-Advance to non shareholder-AY 2005-06. The assessee company had advanced certain amounts to three companies who were not its shareholders. The liability for TDS under s.164 was [LexDoc Id : 355292]
ACIT vs Ashima Syntex Ltd.
Advertisement Expenses: Business expenditure-Deferred revenue expenditure-AY 1997-98 and AY 1998-99. The expenses incurred on advertisement expenditure was deductible in the year of incurring even if the assessee had treated [LexDoc Id : 354865]
T. Two International (P) Ltd. vs ITO
Profits of Export Oriented Unit-Local sales-The value of local sales was to be included in the total sales for computing the relief under s.10A as part of total turnover. The local sales were to [LexDoc Id : 354276]
