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Judgment Search Results Home > Cases Phrase: patents Sorted by: recent Court: income tax appellate tribunal itat mumbai Year: 2005 Page 1 of about 24 results (0.050 seconds)

Nov 25 2005 (TRI)

Assistant Commissioner of Vs. Hinditron Services (P.) Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Nov-25-2005

Reported in : (2006)99ITD479(Mum.)

..... or incorporeal. though it does not always mean physical property but it does mean the right, title, interest in a property. property also includes rights such as trade marks, copyrights, patents and even intellectual rights capable of transfer or transmission. they also include beneficial rights to a thing considered as having money value especially with reference to transfer/succession and their .....

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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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Sep 30 2005 (TRI)

Metchem Canada Inc. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Sep-30-2005

Reported in : (2006)100ITD251(Mum.)

..... the pe to the head office of the enterprise or any of its other offices, by way of royalties, fees or other similar payments in return for the use of patents, know-how or other rights, or by way of commission or other charges, for specific services performed or for management, or, except in the case of a banking enterprise, by ..... the pe to the head office of the enterprise or any of its other offices, by way of royalties, fees or other similar payments in return for the use of patents, know-how or other rights, or by way of commission or other charges for specific services performed or for management, or, except in the case of a banking enterprise, by .....

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Nov 30 2005 (TRI)

Cybertech Systems and Software Ltd. Vs. Assistant Cit, Range 8(1)

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Nov-30-2005

Reported in : (2006)7SOT230(Mum.)

..... of consulting services, whether or not ... and all related intellectual property rights, know how.... mask works, trademarks, formulae, procession, manufacturing techniques, trade secrets, ideas, artwork, software or other copyrightable or patentable work.y2k compliant - shall mean with respect of sof tware, systems, cons ulting services and deliverables that the same shall not be affected adversely by the occurrence of use of ..... etc.(4) developing documentation such as implementation methodology, project documentation etc.(5) design of networking and internetworking systems architecture, estimations, networking diagrams etc." the assessee is obliged to grant the patent right as provided in articles 4.1 and 4.2 in relation to all software programme undertaken by virtue of the agreement. having regard to all these, it cannot be .....

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Nov 25 2005 (TRI)

Yucca Finvest (P.) Ltd. Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Nov-25-2005

Reported in : (2006)101ITD403(Mum.)

..... commissioner of income-tax (appeals) ought to have borne in mind the general commercial principles in order to arrive at the real and true profits of the business. it is patently unfair and unjust to expect an assessee who has incurred a loss in his business during the year to pay tax on the dividend income earned by him particularly when .....

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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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Nov 09 2005 (TRI)

Dy. Cit Vs. Ramnord Research Labs. (P.) Ltd.

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Nov-09-2005

..... sub-clause of section 32 provides that expenditure incurred on the premises taken on leave and licence basis is to be treated as capital expenditure. this formation of belief is patently incorrect in law. explanation 1 of section 32(1) on the other hand provides that where a premises has been taken on leave and license basis then for the purpose .....

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Sep 21 2005 (TRI)

Essar Oil Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Sep-21-2005

Reported in : (2006)102TTJ(Mum.)614

..... of the term 'international traffic'. only where the ship is operated 'solely' between places in the other contracting state it looses the character of ship in 'international traffic'. this is patent from the language of the definition of 'international traffic'.14. shri mehta relied on the commentary brought out by philip baker in "double taxation convention and international tax law" in .....

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Jul 29 2005 (TRI)

Assistant Commissioner of Income Vs. Jasubhai Business Service (P)

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Jul-29-2005

Reported in : (2006)100TTJ(Mum.)951

..... in its own line of business, (ii) the appellant was required to keep the process, technical know-how confidential and secret and non-partibility and was not to seek any patent for the process. thus, the assessee did not become owner of any process or technical know-how in its own right. the expenditure was thus for use and not for ..... in large scale manufacture of penicillin for a period of two years. the appellant was to keep the technical know-how confidential and secret and was not to seek any patent for the process. for the asst. yr. 1964-65, the appellant claimed deduction of the sum of rs. 2,39,625 as a revenue expenditure. both the department and the ..... trademark of the above journals and know-how for editorial content which is very prime for the journal. it was argued that the amount was paid not for acquiring any patent, right or copyright covered under section 35a and the amount was paid for acquiring the running business for use of trade name of the journal with existing rights of the .....

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Jul 15 2005 (TRI)

Wallfort Shares and Stock Brokers Vs. Income-tax Officer [Alongwith

Court : Income Tax Appellate Tribunal ITAT Mumbai

Decided on : Jul-15-2005

..... of such tax free income plus charges paid to the mutual fund as a business loss against the assessee's other business income chargeable to tax. these were the transactions patently to avoid tax with the complicity of the mutual fund. the manner in which the mutual fund promised to the whole world payment of 40% tax free dividend irrespective of .....

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