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Documents citing Commissioner Of Income-Tax vs Karuna Mica Co. on 20 February, 1987

Karnataka Power Transmission ... vs Assessee on 13 December, 2011

11.8 At para 4.3, the Assessing Officer has cited that in CIT v British India Corpn. Ltd. (165 ITR 51) (SC) and CIT v Karuna Mica Co. (167 ITR 292) that it was held that the aim and object of the expenditure would determine the character of the expenditure. In British India, it has been held that Rs.50,000/- fixed amount paid to distributor for establishing distributorship is revenue in nature. In Karuna Mica, it has been held that there was a new construction and the ultimate object was the protection of mines as also the safety of the labourers was capital expenditure.
Income Tax Appellate Tribunal - Bangalore Cites 12 - Cited by 0 - Full Document

Karnataka Power Transmission ... vs Assessee on 15 October, 2012

11.8 At para 4.3, the Assessing Officer has cited that in CIT v British India Corpn. Ltd. (165 ITR 51) (SC) and CIT v Karuna Mica Co. (167 ITR 292) that it was held Page 13 of 14 13 ITA No.249/Bang/2012 that the aim and object of the expenditure would determine the character of the expenditure. In British India, it has been held that Rs.50,000/- fixed amount paid to distributor for establishing distributorship is revenue in nature. In Karuna Mica, it has been held that there was a new construction and the ultimate object was the protection of mines as also the safety of the labourers was capital expenditure.
Income Tax Appellate Tribunal - Bangalore Cites 11 - Cited by 0 - Full Document

G. D. Apte & Co. vs Assistant Commissioner Of Income Tax on 23 December, 1999

In support of his conclusion he relied on the decision of the Madras High Court in CIT vs. Mahalaxmi Textiles Mills Ltd. (1965) 56 ITR 256 (Mad), the decisions of Bombay High Court in CIT vs. Ballimal Naval Kishore (1979) 119 ITR 292 (Bom), 147 ITR 222 (sic) and Fancy Corpn. Ltd. vs. CIT (1986) 162 ITR 827 (Bom), the decision of Patna High Court in CIT vs. Karuna Mica Co. (1987) 167 ITR 292 (Pat) and decision of Delhi High Court Delhi Cloth & Gen. Mills Co. Ltd. vs. Addl. CIT (1986) 160 ITR 857 (Del). Aggrieved by the said order, the assessee is in appeal before the Tribunal.
Income Tax Appellate Tribunal - Pune Cites 15 - Cited by 0 - Full Document

G. D. Apte & Co. vs Assistant Commissioner Of Income Tax on 23 December, 1999

In support of his conclusion he relied on the decision of the Madras High Court in CIT v. Mahalakshmi Textile Mills Ltd (1965) 56 ITR 256 (Mad), the decisions of Bombay High Court in CIT v. Ballimal Nawal-kishore (1979) 119 ITR 292 (Bom) 147 ITR 222 (sic) and Fancy Corporation Ltd v. CIT (1986) 162 ITR 827 (Bom), the decision of Patna High Court in CIT v. Karuna Mica Co. (1987) 167 ITR 292 (Pat)and decision of Delhi High Court in Delhi Cloth & General Mills Co. Ltd v. Addl. CIT (1986) 160 ITR 857 (Del). Aggrieved by the said order, the assessee is in appeal before the Tribunal.
Income Tax Appellate Tribunal - Pune Cites 14 - Cited by 0 - Full Document
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