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Vishesh Entertainment Ltd, Mumbai vs Assessee cites

Siddho Mal & Sons vs Income-Tax Officer on 2 August, 1979

In the case of Siddho Mal & Sons vs. ITO [1980] 122 ITR 839 (Del), there was an agreement with minor son for the purpose of commission. There was evidence to show that no services were rendered hence on facts, the Tribunal has confirmed the addition. The court observed that "Dealing with relatives in contrast with or in preference to strangers is neither prohibited by law nor can be tabooed"
Delhi High Court Cites 39 - Cited by 38 - Full Document

Sakal Papers Pvt. Ltd. vs Commissioner Of Income-Tax, Poona on 9 November, 1977

Reliance was also placed on the decision of Mumbai Bench of the Tribunal in the case of ITO vs. M/s Seftech India Pvt. Ltd. ITA No. 4407/M/2003 & 6119/M/2003 dated 22.7.2005 wherein the Tribunal following the decision of Hon'ble Bombay High Court in Sakal Papers Pvt. Ltd. (supra) held that in the instant case the person was working as a director before proceeding to higher studies and continued to serve the assessee even after getting the training which in turn helped the assessee company in furthering its business, allowed the expenses claimed by the assessee.
Bombay High Court Cites 0 - Cited by 29 - Full Document

Shahzada Nand & Sons vs The Commissioner Of Income Tax, Patiala on 12 April, 1977

that Director's educational expenses on higher education are allowable. Reliance was also placed in the case of Shahzada Nand and Sons vs. CIT [1977] 108 ITR 358 (SC) wherein Their Lordships held that commercial expediency must be tested in the context of socio economic thinking. The amount was spent for the purpose of business and the training has bearing on the business of the company, hence the same may be allowed as business expenditure. The ld. counsel for the assessee further submits that the decisions relied on by the A.O. and ld. CIT (A) are not applicable to the facts of the present case.
Supreme Court of India Cites 3 - Cited by 114 - P N Bhagwati - Full Document

Commissioner Of Income-Tax vs Hindustan Hosiery Industries on 24 September, 1993

assessee further submits the ratio of decision in the case of CIT vs. Hindustan Hosiery Industries [1994] 209 ITR 383 (Bom) has been distinguished by the Mumbai Bench of the Tribunal in the case of J.B. Advani & Co. Ltd. (supra) wherein it has been held that there was no agreement entered upon by the partner with the firm in the earlier case whereas there is an agreement entered upon by the Director with the assessee company to work wholly and exclusively for the company for five years, therefore, the same is distinguishable and hence not applicable.
Bombay High Court Cites 1 - Cited by 34 - Full Document

Commissioner Of Income-Tax vs M/S. Sun Engineering Works (P.) Ltd. on 17 September, 1992

Reliance was also placed on the decision of Hon'ble Supreme Court in the case of CIT vs. Sun Engineering [1992] 198 ITR 297 (SC) at page 320 for the proposition that the judgment must be read as a whole and the observations from the judgment have to be considered in the light of the questions which were before the court and while applying the decision to the later case, courts must carefully try to ascertain the true principle laid down by the decision.
Supreme Court of India Cites 46 - Cited by 1062 - Y Dayal - Full Document
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