Sri Lakshmi Finance and Ors. vs DCIT
Computation of: Undisclosed search-Material available on record-Block-period: 1997-1998 to 28 November 2002. In view of the amendment to S.158BB w.e.f. 01-07-2002, the material available on record on the date of th [LexDoc Id : 406085]
CIT vs United Breweries and Anr.
Prima facia adjustment-Interest accrued on sticky loan to sister concern-AY 1997-1998. The assessee was following mercantile system of accounts. It reduced the interest income accrued from even to sister concern on the grou [LexDoc Id : 386550]
CIT and Anr. vs Aslam Ulla Khan
Validity of : Re-asstt-Lack of: Application of mind by AO, Re-opening on dictates of CIT-Where a notice under s.148 is issued by the AO on directions of CIT and without application of mind, the notice is not valid. Sanction for re-openi [LexDoc Id : 384746]
M.B. Ramesh vs ITO
Exemption-Capital Gains-Sale of residential house-House v. mud structure-AY 1997-1998. The assessee claimed exemption under s.54 in respect of gains on sale of a residential house property. There was only a mud-structure wh [LexDoc Id : 381576]
DLF Universal Ltd. vs DCIT
Capital gains-Contribution of stock to firm as capital contribution-The assessee on becoming a partner contributed certain land as his capital contribution. The land was earlier held by it as stock-in-trade.
Ther [LexDoc Id : 379556]
Asian PPG Industries Ltd. vs DCIT
Right in Allotment of land-Extinguishment of right: Transfer-AY 2004-05.
The assessee was entitled for grant of lease of a plot of land for 95 years by MIDC, fulfilled by the assessee. After making certain pa [LexDoc Id : 385235]
