Judgements by Mr. PURNA P

What is the nature of expenditure incurred by an assessee

Mr. PURNA P 27 September 2008 at 13:51

Neset Holdings (P) Ltd. v. CIT (2006) Relevant section: 37(1)

Posted in Income Tax | 31 Views

CIT v. Rajasthan Spinning and Weaving Mills Ltd. (2006)

Mr. PURNA P 27 September 2008 at 13:51

3. Can the value of bus donated by the assessee-employer to a school where the employees’ children were receiving education be allowed as deduction? CIT v. Rajasthan Spinning and Weaving Mills Ltd. (2006) Relevant section: 37

Posted in Income Tax | 134 Views

Relevant section: 37(1) and 57(iii)

Mr. PURNA P 27 September 2008 at 13:50

2. Are refunds of liquidated damages made, not voluntarily but solely to comply with the directions of an authority, allowable as deduction? Mahanagar Telephone Nigam Ltd. In re (2006) Relevant section: 37(1) and 57(iii)

Posted in Income Tax | 46 Views

CIT, Mumbai v. General Insurance Corporation (2006)

Mr. PURNA P 27 September 2008 at 13:49

Profits and Gains of Business or Profession Special 1. Are expenditure incurred by a company on account of stamp duty and registration fees for the issue of bonus shares allowable as revenue expenditure? CIT, Mumbai v. General Insurance Corporati

Posted in Income Tax | 75 Views

Companies Act, 1956 - Section 633 - Power of the court

Mr. PURNA P 30 July 2008 at 11:41

Companies Act, 1956 - Section 633 - Power of the court to give relief against prosecution - minor defaults by the company-ROC sought to prosecute the highest ranking officers of the company- Whether relief could be granted to the officers of the comp

Posted in Corporate Law | 29 Views