reply of the
assessee and imposed penalty amounting to
Rs.79,72,552/- u/s 271(1)(c) of the Act for concealing his
income
made an addition of Rs.58,60,552/- u/s
43B of the Act which was confirmed by the DRP.
15. Before us, the counsel
Naresh Agarsinh Chhara @ Nariyo vs State Of Gujarat on 20 April, 2018
Author: Harsha Devani
year at Rs.67,350/- in as much as the
provision of section 55(2)(b)(i) of the I.T. Act, 1961 for
exercising ... failed to appreciate that
provision of section 552(2)(b)(ii) of the act would be
applicable only when both the figures of original cost
Disallowance of depreciation on software expenses
under section 40(a)(ia) read with section 194J of the Act.
1 6. 1 That on the facts ... that
once the assessee has violated the provisions of section
IT(TP)A No.552/B/15
24
195, then, even the expenditure is capitalized
Court, in Rathnasamy v. Komalavalli 95
L.W. 552 : 1981 T.L.N.J. 288, in Section 29(2)
of the new Act, there ... Division Bench
of this Court in 95 L.W. 552 in Section
29(2) of the new Act, there is no
restriction as found
appointment. Given this position, Mr. Krishnan contended
that the bar under Section 9 of the 1996 Act would not apply in this case ... Kaiser aluminium Technical Services Inc1, (2012) 9 SCC 552.
1
"... 96. Section 2(1)(e) of the Arbitration Act, 1996 reads as under
disallowance of Rs. 4,24,540/- out of interest
expenditure u/s 36(i)(iii) of the Act.
14. The facts and the issue involved ... This ground is in relation to disallowance of Rs.
3,29,552/- made u/s 36(1)(iii) of the Act. In view
section 29 provides that income from
profits and gains of business shall be
computed in accordance with section
30 to section 43C , That, section ... argument on behalf of the revenue that
section 32 of the Income Tax Act was
the only section granting benefit of
deduction on account
Author: Vibha Kankanwadi
Bench: T.V. Nalawade , Vibha Kankanwadi
1 CriApl 547,552/18
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD ... Downloaded on - 06/09/2018 00:10:17 :::
2 CriApl 547,552/18
Sections 397 , 307 of the Indian Penal Code, under
Section
