carnifex2ms Bookmarks zu high

Payment for infringement of patent, being purely c...

http://taxguru.in/income-tax-case-laws/payment-inf...

Desiccant Rotors International Pvt. Ltd. Vs. CIT, Delhi (Delhi HC) – Payment made by the assessee on settlement of dispute with a company of USA being neither a fine or a penalty for a proved offenc...

high court judgments

Un-quantified and disputed ratable value as determ...

http://taxguru.in/income-tax-case-laws/unquantifie...

CIT Vs DCM Limited (Delhi HC)- Whether a mere proposal for enhancement of property tax would result in crystallization of liability qua that portion of rateable value which was sought to be enhanced....

: high court judgments

If two views are possible than Assessing Officers ...

http://taxguru.in/income-tax-case-laws/views-asses...

CIT Vs Mahavir Irrigation Pvt Ltd (Delhi HC)- In this case, there is no finding that any details supplied by the assessee in its Return were found to be incorrect or erroneous or false. Such not being...

high court judgments

Madras High Court ruling on the applicability of P...

http://taxguru.in/corporate-law/madras-high-court-...

Reynolds Pens India Pvt. Ltd. vs. Regional Provident Fund Commissioner (Madras High Court) - The Madras High Court in aforesaid case has held that certain allowances such as conveyance, educational ...

high court judgments

Gujarat HC upholds constitutional validity of serv...

http://taxguru.in/service-tax/gujarat-hc-upholds-c...

Cinemax India Limited V. UOI & Anr. (Gujrat HC) - While upholding Sec.65[105][zzzz] of Finance Act, 1994 as amended by Sec.75[5][h] and Sec.76 of the Finance Act, 2010, we hold that the provision of ...

high court judgments

Depreciation at 100% cannot be claimed on the LP g...

http://taxguru.in/income-tax-case-laws/depreciatio...

CIT Vs M/s Anantha Gas Suppliers (Andhra Pradesh HC) – In the instant case before us the container mounted on the chassis of the truck is nothing but a gas cylinder and it fits in the description of...

high court judgments

Discretion lies with the Tribunal to admit additio...

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CIT vs Text Hundred India Pvt. Ltd(Delhi HC)- Rule 29 of the ITAT Rules – Additional evidence should be allowed to be submitted at the Tribunal to prove benefit received by receipt of management se...

high court judgments

Appellate authority has every right to remand a ma...

http://taxguru.in/income-tax-case-laws/appellate-a...

Surajmall Lalchand & Sons v ACIT-XI (Calcutta High Court)- In the case of CIT vs. H. P. State Forest Corporation Ltd (supra), a Division Bench of Himachal Pradesh High Court was considering a case whe...

high court judgments

TRO can sell the right, title and interest of the ...

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CIT Vs M/s Monoflex India Pvt Ltd (Delhi HC)- Whether when the property, which was auctioned by the TRO for recovery of tax, is a leased property to the defaulter under a perpetual lease agreement, th...

high court judgments

Computer peripherals entitled to depreciation at 6...

http://taxguru.in/income-tax-case-laws/computer-pe...

The expenditure was incurred by the assessee on ad films in respect of an ongoing business and there was no enduring benefit on the same. Hence, it was assessable as revenue expenditure, An expenditur...

high court judgments