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1 - 10 of 28 (0.61 seconds)Karnataka Industrial Areas Development Act, 1966
Section 11 in Karnataka Industrial Areas Development Act, 1966 [Entire Act]
Section 12A in The Income Tax Act, 1961 [Entire Act]
Section 10 in Karnataka Industrial Areas Development Act, 1966 [Entire Act]
Section 11 in The Income Tax Act, 1961 [Entire Act]
Commissioner Of Income-Tax, ... vs Society Of The Sisters Of St. Anne on 26 August, 1983
The Hon'ble Punjab & Haryana High Court
has also made a reference to the decision of the Hon'ble Karnataka High
Court in the case of CIT v. Society of Sisters of Anne, 146 ITR 28 (Kar),
wherein it was held that u/s. 11(1) of the Act, income has to be computed
in normal commercial manner and the amount of depreciation debited in
the books is deductible while computing such income. In view of the
25
ITA Nos.661 & 882/Bang/2014
aforesaid decision on the issue, we are of the view that the order of the
CIT(A) on the above issue does not call for any interference.
The Finance Act, 2018
Cit vs Market Committee on 14 March, 2007
21. The issue raised by the revenue in the ground of appeal is thus no
longer res integra and has been decided by the Hon'ble Punjab & Haryana
High Court in the case of CIT v. Market Committee, Pipli, 330 ITR 16
(P&H).