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1 - 10 of 89 (0.35 seconds)Section 131 in The Income Tax Act, 1961 [Entire Act]
Section 73 in The Income Tax Act, 1961 [Entire Act]
The Advocates Act, 1961
Commissioner Of Income Tax Gurgaon vs Principal Officer M/S Hill View ... on 20 January, 2016
The Court also took note of the decision of the Hon'ble Supreme
Court in Bilahari Investment (P) Ltd. (supra) in Commissioner of
Income-Tax Vs. Principal Officer, Hill View Infrastructure (P.) Ltd.,
reported in (2016) 384 ITR 451 (P & H). Similar question arose as
to whether the percentage completion method ought to have been
followed by the assessee therein.
Section 145 in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
The Commissioner Of Income Tax vs M.B. Stockholding Pvt. ... on 23 April, 2015
The Court after taking note of
the decision of the Hon'ble supreme Court in Bilahari Investment
(P) Ltd. (supra) and that of Manish Build Well (P) Ltd. (supra) held
that the assessee has been consistently following one of the
recognised methods of accounting that is project completion
method for computation of income and in the absence of any
prohibition or restriction under the provisions of the Income Tax
Act. For doing so it cannot be held that approach of the CIT(A) and
the tribunal was erroneous or illegal in any manner so as to call for
interference by Court. Accordingly, the appeal filed by the revenue
was dismissed.