Income Tax Judgements

Held by the Hon`ble Bench that section 244A(1)(b) applies to "in any other case" which includes refund of tax as a result of payment of self assessment tax. It is further provided that interest shall be payable on the amount held and utilised by the

Section 234A read with sections 211 and 234B of the Income-tax Act, 1961 – Return of income – Interest for default in furnishing – Assessment year 1996-97 – Whether term advance tax used in section 234A would cover all taxes paid in advance of tax li

Section 234B read with sections 115JA, 207 and 234C of the Income-tax Act, 1961 – Advance Tax – Interest for default in payment of – Assessment year 2000-01 – Whether total income computed under provisions of section 115JA is liable to advance tax an

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