| Sr |
Authority |
Section/Rules |
Ratio(s) |
| Sr |
Citation |
Subject(s) |
Case(Name of Assessee) |
| 1.1 |
MAD HC |
54 F, ITA 61 |
Sale of land held for more than 36 months is LTCG even if building
there on is STCA |
| 1.2 |
147 CTR 314 |
CG |
Ram Chandra Rao |
| 2.1 |
AHD ITAT |
139(5) , ITA 61 |
Revised Return can be filed even after processing of return |
| 2.2 |
61 TTJ 413 |
Return |
Samir Diamond Mfg (P) Ltd. |
| 3.1 |
GUJ HC |
37 , ITA 61 |
Royalty Payment Revenue exp |
| 3.2 |
231 ITR 598 |
Bus Exp. |
Raipur Mfg. Co. |
| 4.1 |
DEL HC |
37 , ITA 61 |
Pmt made to eliminate competiton altogether are Cap exp. but if paid
for specific trans. it is rev.exp. |
| 4.2 |
232 ITR 949 |
Bus Exp. |
Rajgarhia N.K |
| 5.1 |
CAL HC |
269 UA(F) ITA 61 |
Possession of property or part there of in part performance of contract
is transfer. |
| 5.2 |
98 TAXMANN 32 |
Transfer |
Shri Digvijay Cement (P) Ltd. |
| 6.1 |
KAR HC |
37 ITA 61 |
Guarantee Commission paid for securing loan facility in revenue exp. |
| 6.2 |
99 TAXMANN 542 |
Bus Exp. |
V.Gogte Minerals |
| 7.1 |
SC |
28 CA 1872 |
Clause providing for extinguishment of right after a specified period
is not violating. |
| 7.2 |
26 CLA 261 |
Agreement |
National Insurance Co. Ltd |
| 8.1 |
SC |
2(4) CA 1872 |
Continuing contract is not governed by the withdrawal of offer rule. |
| 8.2 |
24 CLA 2 |
Contract |
Kalyangi Vithaldas & Sons |
| 9.1 |
KAR HC |
139 CA 1872 |
Surety's bonafide information about disposition of the property would
discharge his liabilities. |
| 9.2 |
26 CLA 39 |
Discharge of Surety |
M.R. Chakrapani |
