Judgements and Orders, Supreme Court and High courts of India

Justification of Interest levied u/s 234.

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

Case Fact: Whether deletion of interest under section 234 is justified if there is no direction in the Assessment order to levy interest.

Posted in Income Tax | 45 Views

Liability of Director of (P) Ltd. Co. on Liquidation

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

Case Fact: Whether before initiating recovery action u/s 179 for dues of Pvt. Co against directors on liquidation , it is necessary to prove that recovery cannot be made against the company.

Posted in Income Tax | 55 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 | 65 Views

Definition of Business as per Section 35

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

Case Fact: Whether the term "Business" u/s 35 would includes the consultancy services offered.

Posted in Income Tax | 52 Views

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

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