whole of income as well as corpses only on attaining
majority and not on earlier date. It is also a relevant fact that the
beneficiary ... trust income on attaining majority. During the year such
beneficiary has not attained majority. Hence payment was left to absolute
discretion of trustees, beneficiary
accepted the claim of the assessee in this regard in respect of major portion of the investments including even the investments in Units ... investments by way of fixed deposits with CESC. There is absolutely no reason to make a distinction between other general investments and the investments
based on reasonable certainity and not at all at the absolute certainity. Therefore, it makes the provision for deferred tax liability as reasonably unascertained liability ... obligation on the company to account for the tax expenses creates two major limbs on this account i.e. current tax and deferred tax. Both
proposed order of the Members so that there is a majority to dispose of the case in accordance with law in terms of Section ... agree with the course adopted by the learned Accountant Member. There is absolutely no question of holding that addition
Group at more than 10
locations and therefore it was absolutely essential that the Head Office of the Group at
Kolkata exercised tighter control over ... cost of sales and therefore managing material
consumption was the major challenge for achieving better productivity as well as
profitability for the Group. In that
written submission to show the name of his fifteen foreign major clients, besides the major Indian Multi-national and domestic companies which are as under ... intellect, yet God has indeed been extremely fair, in providing everybody absolutely equal 24 hours a day and had the assessee been squandering the period
business run on modern lines. In competitive environment, the
services are absolutely essential but it is very difficult for the company to
employ experts ... services of their experts readily,
as and when required, though at cost. Major areas where services are provided by RPG
Enterprises Ltd include, amongst others
Burnpur Cement Ltd., Asansol vs Department Of Income Tax on 19 October, 2016
IN THE
Raguvalika Trading Pvt Ltd ( Since ... vs D.C.I.T Cir - 4,Kolkata, Kolkata on
business run on modern lines. In competitive
environment, the services are absolutely essential but it is very difficult for
the company to employ experts ... services of their
experts readily, as and when required, though at cost. Major areas where
services are provided by RPG Enterprises Ltd include, amongst others
