Category: High Courts

Deduction 33AB first allowed from composite income before apportionment under Rule 8(1) between agricultural non-agricultural

The deduction u/s 33AB of the Income Tax Act, 1961 shall be allowed from the total composite income derived from growing and manufacturing tea and only after such deduction is made, Rule 8(1) shall be applied to apportion income between agricultural and non-agricultural income . HIGH COURT AT CALCUTTA ITA 360 …

TDS default proceedings u/s 201(3) for a period earlier than 4 years prior to 31-03-2011 not authorized by CBDT Circular-05/2010

THE HIGH COURT OF DELHI W.P.(C) 8535/2011 & CM APPLS 19305/2011, 9781/2012  W.P.(C) 8536/2011 & CM APPLS 19307/2011, 9778/2012  W.P.(C) 8537/2011 & CM APPLS 19309/2011, 9776/2012 VODAFONE ESSAR MOBILE SERVICES LIMITED (NOW KNOWN AS VODAFONE MOBILE SERVICES LIMITED) ….. Petitioner vs. UNION OF INDIA & ORS …… Respondents W.P.(C) 8641/2011 …

Penalty 271(1)(c) interest on income-tax refund not added to income but disclosed in notes to accounts as contingent income

HIGH COURT AT CALCUTTA ITA 291 of 2009 CIT-II Ves.  PILANI INVESTMENT & INDUSTRIES CORPORATION LTD. Coram: Hon’ble Justice Girish Chandra Gupta And Hon’ble Justice Asha Arora Date on which Judgment delivered: 02.02.2016 GIRISH CHANDRA GUPTA J. The Revenue has come up in appeal u/s.260A of the Income Tax Act, …