Section 7(2) of the Act read with Rules 2A to 2G which apply only to an assessee who is carrying on a business ... before us.
5. Even if it is held that Rules 2A to 2G will be applicable in the case of an assessee engaged
Unitech Group in turn had utilised the
funds for acquiring the 2G mobile telephone spectrum license. The ld. AO
observed that as per the report ... company to VCCPL were in respect of land
transactions and acquisition of 2G licenses. The ld. AO further concluded
that both these transactions
their close relatives
in criminal cases filed against them by CBI in 2G spectrum
case is totally unrelated to the business of the assessee ... crores in
Etisalat Db Telecom Private Limited ( EDB ) and EDB was allotted 2G spectrum
telecom licenses and this investment was jeopardized by the cancellation
Unitech Group in turn had utilised the
funds for acquiring the 2G mobile telephone spectrum license. The ld. AO
observed that as per the report ... company to VCCPL were in respect of land
transactions and acquisition of 2G licenses. The ld. AO further concluded
that both these transactions
interest in the firm in terms of Rules 2 and 2A to 2G of the Wealth-tax Rules, 1957 ('the Rules'). He specifically ... representative do not support the contention that Rule 2E to 2G do not come into play while working out the net assets of the partnership
promoters of
the DB group were arrested in the matter related to 2G scam.
According to the AO, there is no provision ... arrested and jailed in relation to the
matters relating to the 2G scam. Due to this, no person in the
DB group was ready
from the
Auctions;
f) Resolve congestion issues related to
second generation ("2G") mobile services.
The learned Counsel referred to pages
Intangible Assets",
towards the Spectrum Cost in respect of 2G and 3G
Spectrum, based on "put to use" test. Interest on Deferred
Dcit 8(3)(2), Mumbai vs M/S Vodafone Idea Limited (Earlier ... on 17 May
Vodafone India Ltd, Mumbai vs Asst Cit 8(3)(2), Mumbai on 17 May, 2024
