incentive of Rs.
18,98,162/- under Goa VAT Deferment cum Net Compulsory
Payment Scheme 2005. The assessee claimed 80IB benefit
on the above income
repairable, therefore, hereby agree to
and accept settlement of the claim on Net of salvage basis for consideration of
Rs.546413/- (Rs.Five lacs forty ... Towing, lifting, estimation & allied charges)
Less
Rs.1,000/- (Compulsory
Excess)
Net Payable
Rs.3,95,413/-
Kanta
Mathur
Signature
Name: Kanta Mathur
Address
land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting ... land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting
land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting ... land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting
land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting ... land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting
land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting ... land
9. Erred in not considering the net long term capital gains on
sale/compulsory acquisition of land amounting
returned income. The assessment
for the year has come under the net of compulsory scrutiny as per Action Plan for the
Financial Year ... disclosed gross bill received at
Rs.2,48,32,607/- and shown Net Profit at Rs.52,934/-. Books of A/c. and other relevant
M/S. Bata India Ltd., Kolkata vs Dcit, Circle-2(1), Kolkata, Kolkata on 6
case where amounts are deducted from a gross figure and only the net amount is available to the assesses, apart from any reliance ... India cannot be different in concept from a compulsory expenditure or other outgoing. Only the net constitutes the assessee's income accrued or receivable
compulsory item of expenditure. A reading of the provision of the Societies Act , however, does not indicate for what purpose the 'net profits ... payment to the fund compulsory, whereas Section 62 of the Tamil Nadu Co-operative Societies Act was based on a net profit of the society
