Income Tax Judgements

rule 46a of the income-tax rules, 1962 - Commissioner (Appeals) - production of additional evidence before - assessment year 1993-94 - assessee filed additional evidence before Commissioner (Appeals) - Commissioner (Appeals) called for a remand

Section 194C of the Income-tax Act, 1961 - Deduction of tax at source - Contractors/ Sub-contractors, payments to - Assessment years 1997-98 to 2001-02 - Assessee-company which was dealing in car, spares and services of vehicles - Entered into a busi

Section 170 of the Income-tax Act, 1961 – Succession to business other than on death - Assessment years 1999-2000 to 2001-02 – Whether amalgamating company is assessable in respect of income up to date of amalgamation- Held, yes - Whether when after

Section 23 of the Income-tax Act, 1961 - Income from house property - Annual value - Assessment year 2003-04 - Whether words ‘property is let’ as appearing in section 23(1)(c) means actual letting out of property - Held, no - Whether if a property is

Section 11 of the Income-tax Act, 1961 – Charitable or religious trust – Exemption of income from property held under – Assessment year 2001- 02 - Assessee-society having several branches in India was registered under sections 12A and 80G – Main

Section 12A read with sections 11 and 12 of the Income-tax Act, 1961 – Charitable or religious trust – Registration of – Assessee-trust was created on 21-9-1988 – Assessee after omission of section 10(22), with effect from 1-4-1999 applied for regist

Section 14A read with sections 10(33), 57, 115-O of the Income-tax Act, 1961 – Expenditure incurred in relation to exempt income – Assessment year 2001-02 – Whether where income earned by assessee in terms of provisions of Act is exempt from tax, no

Held by the Hon`ble Court that, it is not necessary to establish that debt had become bad only to write it off as irrecoverable in its accounts is enough to claim deduction u/s 36(1)(vii).

Held by the Hon`ble Court that, any `forced illness` of the machinery cannot disentitle to the assessee to claim the depreciation allowance, form the director report it is clear that the assessee was prevented form using the machinery because of the

'Chargeable gift'- Hindu law - Settlement of share of HUF on unmarried daughter The assessee were members of an HUF known as CD family.'C' the karta died on 29 January 1987. Due to some disputes arising among family members, a family arrangement wa