Search Results for "income tax appellate tribunal"

1770 result(s) found

Scroll Down To Discover

Found 1770 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Assessee's Appeal in Income Tax Case Regarding Exemption Under Section 4(3)(vii) of Income-tax Act, 1922. Receipt Held to be Business Income, Not Exempt as Casual or Non-Recurring Receipt, as it Arose from Services Rendered in the Course of Business.

The assessee firm, Ram Kumar Agarwalla and Brothers, carried on business as share brokers and paper merchants. Together with D, a chartered accountant...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Revenue's Tax Assessment of Contract Transfer Consideration. Transfer of Benefit of Purchase Contract for Parachutes Held to be Venture in the Nature of Trade, Amount Received Taxable as Revenue Receipt.

The appeal before the Supreme Court of India arose from a reference under the Income-tax Act, 1922, concerning the assessment year 1947-48. The appell...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petitioner's Writ Petition and Income Tax Appeal for Non-Prosecution Due to Repeated Absence. Petitioner failed to appear on multiple hearings, leading to dismissal for default under Order 17 Rule 2 CPC read with Section 151 CPC.

The petitioner, Vaibhav Maruti Dombale, filed a Writ Petition (No. 1489 of 2025) and an Income Tax Appeal (No. 21746 of 2025) before the Bombay High C...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal in Motor Accident Claim, Sets Aside Contributory Negligence Finding. Deceased motorcyclist hit by tempo from behind; court holds tempo driver solely negligent, enhances compensation to Rs.2,58,44,336/- with 9% interest.

The appellants, legal representatives of the deceased Anil Yadav, filed a first appeal under Section 173 of the Motor Vehicles Act, 1988, challenging ...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal in Motor Accident Claim — Negligence of ST Bus Driver Established. Compensation Enhanced from Rs. 1,08,000 to Rs. 3,24,000 with 6% Interest.

The appellants, being the parents and minor brother of the deceased Jakir Tamboli, filed a claim for compensation under the Motor Vehicles Act, 1988, ...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Unconditional Stay of Tax Demand for Statutory Authority in Income Tax Exemption Case — Strong Prima Facie Case Based on Consistent Appellate History. Section 220(6) of Income Tax Act, 1961 invoked to stay demand of Rs.961.92 Crores pending appeal before CIT(A).

The Petitioner, Mumbai Metropolitan Region Development Authority (MMRDA), a statutory authority established under the Mumbai Metropolitan Region Devel...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal in Income Tax Case: Investment in Shares of Private Company for Acquiring Control Held as Capital Asset, Not Stock-in-Trade. Shares held for 31 months with transfer restrictions cannot be treated as trading asset under Income Tax Act, 1961.

The appellant, Accra Investments Private Ltd., filed an appeal under Section 260A of the Income Tax Act, 1961 against the order dated 25 April 2012 of...