Showing : 31-40 of 196 Results

SUPREME COURT OF INDIA
Year of decision: 2017
Details
Income Tax Act, 1961, Section 2(22)(e)-- Explanation 3(a) - Deemed dividend - Expression `concern' - Means HUF or firm or association of persons or body of individuals or company - Therefore, as per Explanation 3(a) of the Act, person shall be deemed to have substantial interest in HUF if he is, at anytime during previous year,..........
SUPREME COURT OF INDIA
Year of decision: 2017
Details
Income Tax Act, 1961, Section 2(22)(e)-- Deemed dividend - Payment made to assessee/HUF - In the instant case, shares are held by Karta of HUF and being member of HUF he has substantial interest in assessee/HUF - Even, he is entitled to not less than 20% of income of HUF - Therefore, provision of S.2(22)(e) of the Act gets attracted and..........
SUPREME COURT OF INDIA
Year of decision: 2016
Details
Income Tax Act, 1961, Section 10A-- Introduction of word `deduction' in S.10-A of the Act by amendment - Computation - Stage of deduction will be taken while computing gross total income of eligible undertaking under Chapter IV of the Act and not at stage of computation of total income under Chapter VI of the Act...........
SUPREME COURT OF INDIA
Year of decision: 2016
Details
Income Tax Act, 1961, Section 10(19A), 60A-- Part-B States (Taxation Concessions) Order, 1950, Para 15 - Exemption from payment of tax - Residential palace of Ruler - If Legislature intended to spilt palace in parts alike houses for taxing the subject, it would have said so by employing appropriate language in S.10(19A) of the Act - Even,..........
DELHI HIGH COURT
Year of decision: 2016
Details
Criminal Procedure Code, 1973, Section 156(3)-- Application u/s 156(3) Cr.P.C. - Rejection - Dispute between parties are primarily a dispute between partners of firm - Allegation against accused is that he had taken away income tax files relating to partnership business from advocate when he was not authorized to do so at all - Petitioner was..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2016
Details
Criminal Procedure Code, 1973, Section 125, 127-- Maintenance pendente lite - Enhancement - In the instant case, wife claiming maintenance for herself and her minor daughter who is suffering from disease - As per income tax return of husband, income of husband is Rs.1,56,200/- - Award of maintenance pendente lite of Rs.15,000/- p.m. is on higher..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2016
Details
Criminal Procedure Code, 1973, Section 125, 127-- Maintenance - Award of maintenance pendente lite to wife and minor daughter - Alteration - As per income tax return of the husband, income of husband is Rs.1,56,200/- - Award of maintenance pendente lite of Rs.15,000/- p.m. is on higher side - Maintenance reduced to Rs.7,000/-...........
DELHI HIGH COURT
Year of decision: 2016
Details
Criminal Procedure Code, 1973, Section 439, Indian Penal Code, 1860, Section 409, 420, 467, 471, 120B-- Bail - Offence u/ss 409, 420, 467, 471, 120-B IPC - Multi-victim scam - Nature and gravity of offences - 870 complaints in three FIRs filed and a total of around 400 crores involved in scam - More than 1500 investors duped by accused by painting a rosy picture of getting lucrative returns on..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2016
Details
Criminal Procedure Code, 1973, Section 439, Prevention of Money Laundering Act, 2002, Section 3, 4, 45(1)-- Bail - Proceeds of crime - Accused is not rustic or illiterate lady as she has been working as Visa Officer in Greek Embassy - Crores of rupees spent by her in purchasing immovable assets and also having credit entries of Rs.2 crore in bank - She has never filed her Income Tax Return - All her..........
DELHI HIGH COURT
Year of decision: 2016
Details
Hindu Marriage Act, 1955, Section 24-- Maintenance pendente lite - Non-disclosure of true income by husband - Keeping in view income tax returns, machinery deployed and number of workmen engaged by husband, inference can be drawn that income tax returns do not truthfully reveal his income - Monthly income generated by husband under no..........

Showing : 31-40 of 196 Results