Search Results Page
Search Results
1 - 10 of 15 (0.38 seconds)Section 194C in The Income Tax Act, 1961 [Entire Act]
M/S. Merilyn Shipping & Transports vs Commissioner Of Central Excise, ... on 13 May, 2014
He also submitted that in any case the provisions of
section 40(a)(ia) are attracted only in cases where the amounts
remain payable as at the end of the year and not to the
amounts which have already been paid in view of the decision
of Special Bench in case of Merilyn Shipping 7 Transport V.
Addl CIT, Range-I, Visakhapatnam, 136 ITD 23
(Visakhapatnam)(SB).
The Income Tax Act, 1961
Section 36 in The Income Tax Act, 1961 [Entire Act]
Commissioner Of Income Tax vs United Rice Land Ltd. on 12 May, 2008
21 On the other hand, the ld. counsel of the assessee relied
on the decision of CIT V. United Rice Land Ltd. 322 ITR 594
(PH).
Abhishekh Steel Industries Ltd.,, ... vs D.C.I.T. Central Cricle, Raipur on 25 October, 2021
In this background
subsidy received by the assessee company was treated as of
revenue nature particularly following the decision of Hon'ble
Punjab & Haryana High Court in case of CIT V. Abhishek
Industries, 286 ITR 1 and the amount of subsidy was added to
the income of the assessee.
The Commissioner Of Income Tax vs M/S.Lsakhani Rubber Works on 30 March, 2010
7. After considering the rival submissions we find Hon'ble
Punjab & Haryana High Court in case of CIT V. Lakhani Rubber
Works (supra) while following the decision of Hon'ble Supreme
Court in case of CIT V. Alom Extrusions Ltd. 319 ITR 306 (S.C)
held even if payment is made late, the same is allowable.
Respectfully following this decision, we hold that late payment
of provident fund dues within grace period is allowable
expenditure and accordingly we confirm the order of the ld.
CIT(A).
Section 115 in The Income Tax Act, 1961 [Entire Act]
The Commissioner Of Income-Tax ... vs M/S Area Manager, District Office, Food ... on 22 October, 2018
22(1) As far as the inclusion of freight in the purchase bill
is concerned, identical issue came up for consideration before
the Hon'ble Punjab & Haryana High Court in case of CIT V.
Asstt Manager (Accounts) Food Corporation of India, 326 ITR
106 (PH). In that case it was held as under: