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High Court of Karnataka Quashes Reassessment Order and Notice Under Section 148A(d) and 148 of Income Tax Act, 1961 for Lack of Proper Application of Mind. Reassessment Initiated Based on Information from Investigation Wing Without Independent Satisfaction by Assessing Officer.

The petitioner, Mr. Sanath Kumar Murali, filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Court of Karnat...

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Bombay High Court Allows Petition Challenging Reclassification of Graduate Teacher as Assistant Teacher. Transfer of Teacher Between Zilla Parishads Does Not Alter Entitlement to Graduate Pay Scale Under Rule 6(8) of Maharashtra Zilla Parishad District Services (Recruitment) Rules, 1967.

The petitioner, Dinesh Babanrao Deshmukh, was serving as an Assistant Teacher in a school run by Zilla Parishad, Nagpur, and was granted the graduate ...

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Bombay High Court Rules on Disallowance Under Rule 6D and Allowability of Spouse's Foreign Travel Expenses. Disallowance under Rule 6D of Income-tax Rules, 1962 must be computed on annual per employee basis, not per trip; expenditure on wife's foreign trip allowable if wholly and exclusively for business.

The case is an income tax reference under Section 256(1) of the Income-tax Act, 1961, arising from a dispute between the Commissioner of Income-tax, B...

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High Court Dismisses Review Petition in Property Partition Case - Husband's Inheritance Rights Upheld Under Hindu Succession Act Section 15(1) Despite Property Being Inherited from Father

The High Court dismissed a review petition challenging its earlier judgment in a Hindu succession case. The petitioners sought review of a judgment th...

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Bombay High Court Dismisses Revenue's Appeal in Keyman Insurance Premium Deduction Case. Partnership Firm's Premium on Partner's Life Insurance Held Allowable as Business Expenditure Under Section 37(1) of Income Tax Act, 1961.

The appeal by the Revenue under Section 260A of the Income Tax Act, 1961 challenged the order of the Income Tax Appellate Tribunal (ITAT) which had co...

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Bombay High Court Dismisses State Appeal Against Acquittal in Dowry Death Case Due to Lack of Evidence of Cruelty Soon Before Death. Presumption under Section 113B of Evidence Act cannot be invoked without proof of demand of dowry and cruelty within seven years of marriage.

The case pertains to an appeal by the State of Maharashtra against the acquittal of four respondents (Shaikh Ajij Shaikh Musa, Kamarunnisa, Shahnaz, a...

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Bombay High Court Dismisses Revenue's Appeal in Capital Gains Indexation Case. Assessee Allowed Indexation on Sale of Shares Other Than Bonus Shares Under Section 112(1) of Income Tax Act, 1961.

The Revenue appealed against the order of the Income Tax Appellate Tribunal which allowed the assessee's claim of indexation on long term capital gain...