Kerala Road Lines vs. CIT (Supreme Court)

Related Judgements

1. M/s Ahmed Anis vs. CIT (Supreme Court) 

   Where the assessee had led satisfactory evidence that its business was that of a commission agent and not a trader and 10-11 years had passed, the assessee could not be held responsible for non-appearance of five traders to whom summons … M/s Ahmed Anis vs. CIT (Supreme…

2. K.C.C. Software Ltd vs. DIT (Inv.) (Supreme Court) 

   Cash in bank is conceptually different from cash in hand. It is not permissible for the Revenue to withdraw money from the attached bank accounts. However, as the order u/s 132B was not challenged, no relief given. Directions given for … K.C.C. Software Ltd vs. DIT (Inv.)…

3. Mangat Ram vs. State (Supreme Court) 

   The Supreme Court deprectaes the practice of the High Court in disposing of matters without recording reasons. Explains that while the Supreme Court itself, being the final court, may pass orders without reasons, the High Courts and lower courts are … Mangat Ram vs. State (Supreme Court)…

4. DCIT vs. Gujarat Alkalies (Supreme Court) 

   Commitment charges paid in respect of borrowed moneys are allowable as a deduction u/s 37(1) of the Act.

5. JCIT vs. United Phosphorus (Supreme Court) 

   The question as to whether the assessee had an option in law to claim partial depreciation in respect of any block of assets is remanded to the High Court to consider in the light of Mahendra Mills 243 ITR 56 … JCIT vs. United Phosphorus (Supreme Court) Read…