High Court of Judicature at Madras Hears Writ Petition Challenging Penalty Order Passed Under Section 271D of Income Tax Act, 1961. The Penalty Was Imposed for Alleged Violation of Section 269SS Regarding Cash Loans.
25 Feb 2025...
Search Results for "section 260-A"
333 result(s) found
Found 333 result(s)
High Court
High Court of Bombay at Goa Dismisses Revenue's Appeal in Cash Receipt Addition Case — Tribunal's Deletion of Unaccounted Cash Receipts Upheld as Findings of Fact Not Perverse. The court held that the Tribunal's findings were based on appreciation of evidence and were not perverse, and no substantial question of law arose.
14 Oct 2020The case involves two tax appeals filed by the Commissioner of Income Tax, Karnataka (Central), Bangalore, against the respondents Sadiq Sheikh and Sa...
- 13
High Court
High Court of Karnataka Allows Revenue Appeal in Income Tax Case on Amalgamation Loss Set-off — Unabsorbed Depreciation of Amalgamating Company Cannot Be Set Off Against Amalgamated Company's Business Income Under Section 72A of Income Tax Act, 1961. The court held that the condition of three years business under Section 72A(1)(a) was not satisfied as the power generation business commenced less than three years before amalgamation.
16 Oct 2015The Revenue appealed against the order of the Income Tax Appellate Tribunal (ITAT) dated 10.07.2009, which had allowed the assessee-company to set off...
- 19
High Court
Bombay High Court Dismisses Revenue's Appeal in Service Tax Disallowance Case Under Section 43B of Income Tax Act. Tribunal's deletion of disallowance upheld as service tax liability had not accrued since amount not received from clients.
17 Apr 2015The present appeal was filed by the Revenue under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal (ITA...
- 86
High Court
Bombay High Court Dismisses Revenue's Appeal in Income Tax Case Regarding Taxability of Sale Proceeds of Self-Generated Trade Mark and Brand Name. The Court held that the receipt of consideration for trade mark and design was not taxable as capital gains in the absence of a specific provision for cost of acquisition of self-generated assets prior to the amendment to Section 55(2) of the Income Tax Act, 1961 effective from 1/4/2002.
12 Jun 2012The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961, challenging an order of the Income Tax Appellate Tribunal d...
- 25
High Court
Bombay High Court Allows Revenue's Appeal on Indexation Benefit for Redemption of Non-Cumulative Preference Shares. Redemption of preference shares is a 'transfer' under Section 2(47) of the Income Tax Act, 1961, and indexation benefit under Section 48 is not available as preference shares are in the nature of debt.
27 Apr 2012The appeal by the Revenue under Section 260A of the Income Tax Act, 1961, arose from a decision of the Income Tax Appellate Tribunal dated 19 December...
- 104
High Court
Bombay High Court Dismisses Revenue Appeal in Goregaon Sports Club Case — Club Promoting Sports Held Charitable Under Section 2(15) of Income Tax Act, 1961. Principle of Mutuality Not Applicable as Facilities Open to General Public Without Restriction.
14 Feb 2012The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961 against the decision of the Income Tax Appellate Tribunal (I...
- 81
High Court
Bombay High Court Allows Department's Appeal in Part, Upholds Revenue Treatment of Transformer Repairs. Expenditure on repairs of damaged transformer held to be current repairs under Section 31 of Income Tax Act, 1961, not capital expenditure.
21 Oct 2011The case involves three Income Tax Appeals filed by the Commissioner of Income Tax-I, Nagpur, under Section 260A of the Income Tax Act, 1961, against ...
- 36
High Court
Bombay High Court Dismisses Revenue's Appeal in Income Tax Case — Foreign Exchange Fluctuation Gains and Interest on EEFC Account Held Part of Business Income for Section 80HHC Deduction. The Court affirmed that receipts on account of foreign exchange fluctuation on EEFC Account and interest on EEFC Account are includible in business profits for computing deduction under Section 80HHC of the Income Tax Act, 1961.
22 Apr 2010The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal (ITA...
- 26
High Court
Bombay High Court Dismisses Revenue's Appeal in Income Tax Case on Deduction Under Section 80IB for Interest Income from Bill Discounting. Interest received on bill discounting held to be derived from industrial undertaking and eligible for deduction under Section 80IB of the Income Tax Act, 1961.
21 Apr 2010The appeal was filed by the Revenue under Section 260A of the Income Tax Act, 1961, against an order of the Tribunal dated 15 June 2009 for assessment...
- 16
