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Cit vs ghanshyam huf

WebApex Court in the case of CIT Vs. Ghanshyam(HUF), 315 ITR 1 (SC) in support of its above contention. The AO dismissed . ITA No.1591/Chd/2024 A.Y. 2010-11 4 the contention of the assessee stating that the issue of taxability of interest on enhanced compensation was now covered by the amended provisions of sections 56(2)(viii), ... WebAggrieved, the assessee preferred an appeal to the CIT(A). In the appellate proceedings before CIT(A) it was contended that the Supreme Court has in CIT vs. Ghanshyam Dass (HUF) [2009] 315 ITR 1 held interest on enhanced compensation to be a part of compensation and therefore the same is exempt u/s. 10(37) of the Act.

No Tax on Compensation for Compulsory Acquisition of

WebAug 11, 2015 · [ITO vs. Amarlal (2007) 14 SOT 239 (Del-Trib)] Interest received on delayed payment of compensation is determined and taxable under the head income from other sources on year to year basis. [CIT v Ghanshyam (HUF) (2009) 315 ITR 1 (SC)]. WebSep 30, 2024 · It is observed that the Hon’ble Supreme Court in the case of CIT v/s Ghanshyam (HUF) 315 ITR 1 has held that interest paid on the excess amount, u/s 28 … devon out of hours https://mygirlarden.com

ghanshyam (huf) Indian Case Law Law CaseMine

WebJul 16, 2009 · The controversy in the present batch of civil appeals pertainsto the interpretation of Section 45(5)of the Income-tax Act, 1961,as it stood prior to 1.4.2004. … WebJun 19, 2024 · During the arguments before us, the ld. AR argued that the issue before us stands covered by the orders of the higher Courts, Coordinate Benches mentioned … WebIn these circumstances the decisions of the Hon'ble Supreme Court in the case of CIT vs. Ghanshyam (HUF) (Supra) and CIT Rajkot Vs. Govindbhai Mamaiya are not applicable … devon on the office

ITA NO. 5084. ITO VS. GIRISH KUMAR - taxguru.in

Category:Hindu Undivided Family Under - Voice of CA

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Cit vs ghanshyam huf

Hindu Undivided Family Under - Voice of CA

WebThe said issue has been considered by the Hon'ble Supreme Court in the case of CIT Vs. Ghanshyam HUF 315 ITR 1 held that the interest paid on the excess amount u/s 28 of Land Acquisition Act, 1894, depends upon a claim by the person whose land is acquired, where as interest u/s 34 of Land Acquisition Act is for delay in making payment. Interest ... WebNov 8, 2024 · Placing rejoinder to the above, the ld. AR again drew our attention to the copy of the order of ITAT Delhi ‘F’ Bench in the case of Ram Kishan (supra) and submitted that in this order, the Tribunal has considered lead judgement of the Hon’ble Supreme Court in the case CIT vs. Ghanshyam (HUF) (supra) as well as the judgement of the Hon ...

Cit vs ghanshyam huf

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WebJul 12, 2024 · “curious case of ghanshyam huf: Another question, which arises for anybody’s concern is Hon’ble Aprex Court in the case of CIT v. Ghanshyam (HUF), … WebHUF of his son, his wife & minor children . For avoiding the clutches of sec 64 (1)(vi) such gifts better be avoided {CIT Vs Smt. T. Suryamani Kothavalsala (2003) 263 ITR 271} {CIT Vs S.N. Malhotra (1989) 178 ITR 380 (Cal)}3 • HUF can accept gifts from relations who may not be the member of the family.

WebJul 16, 2009 · Commissioner Of Income Tax, Faridabad v. Ghanshyam (Huf) . S.H Kapadia, J.— Delay condoned. Leave granted. The controversy in the present batch of … WebKamla Devi, Hisar vs Ito,Ward-5, Hisar on 21 September, 2024 Change context size Current ITA No.1418/Del/2024 (i) Decision of the Hon'ble Supreme Court in the case of CIT v. …

WebOct 12, 2024 · The CIT(A) followed the decision of the Hon’ble Supreme Court in the case of Ghanshyam (HUF) (supra) in coming to the above conclusion and further held that the provisions of section 57(iv) r.w.s. 56(2)(viii) r.w.s. 145A(b) of the Act were not applicable for interest on enhanced compensation as such interest was in the nature of enhanced ... WebMay 14, 2024 · 12. In Bikram Singh vs. Land Acquisition Collector (1996) 89 taxmann 119 (SC) three judges bench decisions dated September 12, 1996 considered the provisions of Section 2 (28A) of the income tax act and defined the meaning of the interest.The issue before the court was whether interest received on amount of compensation Under the …

WebMay 19, 2024 · AfterGhanshyam (HUF> [2009] 315 ITR 1 (SC), it was settled thatinterest received on compensation or enhanced compensation under section 28 of Land …

WebMay 17, 2024 · In our considered view, the findings of the Ld. CIT (A) are based on the ratio laid down by the Hon’ble Supreme Court in the case of Ganshyam HUF (supra) and the … devon page asthoWebJul 9, 2024 · Chet Ram (HUF) dated 12.9.2024 in Civil Appeal No.13053/2024 wherein also the Hon’ble Supreme Court has again reiterated the proposition laid down in the case of … devon omaze house locationWebMar 12, 2024 · {CIT Vs Ghanshyam Das Mukim (1979) 118 ITR 930 (Punj & Har)} – An HUF is created if there exist a valid will. E. Creation of HUF by Partition of a larger Hindu … devon or cornwallWebMar 18, 2024 · The Ld. AR submitted that Hon’ble Supreme Court in case of CIT vs. Ghansyam HUF (supra) held that interest awarded u/s 28 of the Land Acquisition Act is … churchill reportingWebcit vs ghanshyam huf 315 itr 1 sc. H: Seeking grant of bail - the alleged manner and method of commission of... H: Cancellation of registration of petitioner - since the … churchill replaysWebApr 12, 2024 · The CIT(A) dismissed the appeal of the assessee. 5. The Ld. AR submitted that the Hon’ble Supreme Court in case of CIT Vs. Ghanshyam Das (HUF) 315 ITR 1, … churchill reserve benallaWebOn the facts and circumstances of the case, and with due respect to the decision relied by the CIT(A), appellant would like to rely upon the decision of Hon. Supreme Court in the case of CIT Vs Ghanshyam 4 ITA No.168/PUN/2016, A.Y. 2011-12 (HUF) (2009) 315 ITR-1(SC), dt.16-07-2009, which is logically as well as with reference to the scheme of ... devon owners facebook