Income Tax Judgements

Change in constitution of the firm

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether separate assessments have to be made by the I.T.O on the two returns filed by the firm which was dissloved and reconstitued.

Posted in Income Tax | 48 Views

Voluntary contributions within the meaning of Section 12

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether membership fee received by the society from its members can be treated as voltunary contribution u/s 12

Posted in Income Tax | 61 Views

Income u/s 28(i)

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether where assesse used to collect deposit/security from customers against bottles sold ,which was refundable subject to certain conditions, the surplus in bottle deposit account could be treated as income.

Posted in Income Tax | 70 Views

Clubbing of income u/s 64(1)(i)

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether there was obligation on the assessee to disclose the income which arose to his wife and so the assessment could be reopened u/s147(a) of the Income Tax Act,1961.

Posted in Income Tax | 60 Views

Assessment of deceased person

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether assessment framed by the Assessing officer against a dead person without bringing the legal representative on record was justified.

Posted in Income Tax | 50 Views

Order Passed by Income Tax Authorities must be speaking orde

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether the Tribunal can confirm the order of Commissioner (Appeals) without giving reasons.

Posted in Income Tax | 61 Views

Rent u/s 194(I)

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether landing of aircraft or parking aircraft amount to user of land of airport and the landing fee and parking fee will amount to rent within meaning of Explanation (i) to section 194(I) ?

Posted in Income Tax | 45 Views

Waiver of Penalty u/s 273B

CA. A. Kumar 10 July 2008 at 17:57

Case Fact: Whether the Commissioner (Appeals) has power to waive the penalty imposed u/s271D.

Posted in Income Tax | 51 Views

REVISION

CA. A. Kumar 07 July 2008 at 18:39

Case Fact: Whether mere opinion of the commissioner that the order is prejudicial to the interest of revenue leads to revision of the order passed by A.O.

Posted in Income Tax | 41 Views

Income from House Property

CA. A. Kumar 07 July 2008 at 18:39

Case Fact: Whether A.O. is justified in adding interest on interest free loan given by lessee to the lessor as notinal rent to compute the Income from House Property

Posted in Income Tax | 52 Views