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Judgment Search Results Home > Cases Phrase: patents Court: income tax appellate tribunal itat mumbai Year: 2005 Page 3 of about 24 results (0.068 seconds)

Nov 11 2005 (TRI)

Sonata Information Technology Vs. Dy Cit

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Nov-11-2005

Reported in : (2006)7SOT465(Mum.)

..... of ssl was much more expenditure oriented than business activity of assessee. hence, in his opinion, the expenditure on support services to the assessee in the ratio of turnover was patently wrong. after going through the agreement, it was also held that ssl was required to advise the assessee in the matters of finance, accounts, taxation, legal, administration, hrd etc., and .....

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May 13 2005 (TRI)

Asia Pacific Fund Inc. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : May-13-2005

Reported in : (2005)96TTJ(Mum.)548

..... and justified the action of the ao on the ground that only mistakes which can be rectified under section 154 are the mistakes apparent from record (which) are obvious or patent mistakes, and would not include 'a mistake which can be established following a process of reasoning'. it was noted that the mistake as pointed out, even if a mistake, could .....

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Feb 23 2005 (TRI)

Persepolis Construction Co. (P) Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Feb-23-2005

Reported in : (2006)99TTJ(Mum.)92

1. this appeal is filed by the assessee. we are concerned with the asst. yr. 1998-99. the appeal is directed against the order of the cit(a)-v at mumbai and arises out of the assessment completed under section 143(3) of the it act, 1961.2. the assessee in this case, a company, was formed with the object of a building project in association with m/s salsette parsi association, which is a charitable trust. the assessee-company entered into a memorandum of understanding (mou) with the said charitable trust on dt.28th april, 1993, for the purpose of executing building projects in the land belonging to the said trust. this is in fact a development agreement executed in between the assessee-company and the charitable trust. the said agreement was approved by the charity commissioner of maharashtra state and the terms of the deed entered into between the assessee-company and the charitable trust have been approved by him.3. as per the agreement, the assessee-company was to construct eight buildings in the landed property owned by the charitable trust. one out of the eight buildings was to be constructed and handed over to the charitable trust, free of cost. the trust would thereafter let out the said building to augment its resources for charitable purposes. another building is again to be constructed free of cost for the trust to use as a community hall and fire temple. the balance of buildings available for construction with the assessee was six. out of the remaining six, the .....

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Oct 17 2005 (TRI)

The D.C.i.T. (Osd), Range 7(2) Vs. Saraf Chemicals Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Oct-17-2005

Reported in : (2006)102ITD356(Mum.)

..... supreme court decision in the case of ciba (india) ltd. 69 itr 692. it was held in this case that any expenditure incurred for obtaining the right to use the patents and trademarks for a limited period is to be considered as an expenditure of revenue nature. the ld.cit(a) has then referred to the supreme court decision in the .....

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