Bajaj Auto Finance Ltd. vs DCIT
Disallowance of: business expenditure-Personal use of car-telephone-In the case of a company, no adhoc disallowance could be made on the alleged personal use of cars and telephones.
S.37(1) of the Income Tax A [LexDoc Id : 331120]
ITAT (Pune)
2006
Renu Agarwal vs ACIT
Computation of: undisclosed income-Income below taxable limit-The income of a year in block years which was below taxable limit could not be assessed in block assessment.
S.158BB of the Income Tax Act 19 [LexDoc Id : 330341]
Anand Affiliates vs ITO
Manufacture-Assembly of automobile filters-AY 1997-98 – 1999-2000. The process of assembling semi finished automotive filters on job work basis by subjecting various raw materials supplied by t [LexDoc Id : 321575]
ITAT (Chandigarh)
2006
Narendra Kumar Jain and Ors. vs Ahimsa Mines and Minerals Ltd. and Ors.
Oppression and Mismanagement-Absence of conclusive evidence-A petition against alleged acts of oppression and mismanagement of affairs within a company was dismissed as nothing substantial could be established [LexDoc Id : 320281]
CLB
2006
Ashok Kumar Agarwal vs ITO
Validity of reopening assessment-Finding in later year-AY 1997-98, 1999-2000. The reopening of assessment of earlier years on the basis of assessment completed for the AY 2002-03 was valid because it was f [LexDoc Id : 319795]
ITAT
2006
Sudarshan Chemical Industries Ltd. vs ACIT
Business Profits-Interest charged from customers-The interest charged by the assessee from its customers for belated payments formed part of business profits. Such interest was not covered by Explana [LexDoc Id : 319717]
ITAT (Pune)
2006
Sami Khatib vs Optho Remedies (P) Ltd. and Anr.
Registration of Trademark-Opposition against registration-The opposition against registration of the trademark 'B. Tone' was allowed, as the proposed mark was identical to the opponent's registered marks 'R.B [LexDoc Id : 318328]
IPAB
2006
Sarda Plywood Industries Ltd. vs Deputy Registrar of Trade Marks and Anr.
Registration of Trademark-Opposition against registration-The opposition against registration of trademark 'DURO' was rightly allowed. The applicant had not earned distinctiveness for its mark by merely using [LexDoc Id : 318327]
IPAB
2006
Titan Industries Ltd. vs Registrar of Trade Marks and Anr.
Registration of Trademark-Amendment to date of use in application-An Assistant Registrar’s order that had allowed an amendment to the applicant’s trademark application after 11 years was set aside. The amendment soug [LexDoc Id : 318326]
IPAB
2006
Raj Bahadur Gupta and Anr. vs Registrar of Trade Marks and Ors.
Opposition against registration of trademark-Claim of priority user-The opposition filed against the registration of trade mark 'M.P. Jewellers' had been rightly rejected because the opponent was found to be using the [LexDoc Id : 318325]
E-Logistics (P) Ltd. and Anr. vs Financial Technologies (India) Ltd.
Oppression and Mismanagement-Existence of arbitration clause-The grievances of the petitioner styled as acts of oppression and mismanagement within the affairs of the company could not be adjudicated in proceedi [LexDoc Id : 321408]
CLB
2006
Delhi Race Club (1940) Ltd. vs DCIT
TDS: Winning in horse races-Computation of TDS-AY 2001-02. The assessee was a race club organising horse races. In such a case, the tax was to be deducted under s.194BB of the Income Tax Act 1961 o [LexDoc Id : 320214]
Suresh Vyas vs ACIT
Undisclosed Income-Estimate of household expenses-In absence of any material found during search the estimated household expenses could not be included as undisclosed income.
