Court in the case of Reliance
Utilities and Power Ltd. (2009) 313 ITR 340 was also
considered and then reached to a conclusion, upholding ... part of this order, like Reliance Utilities and Power Ltd.
(2009) 313 ITR 340 (Bom.) and East India Pharmaceutical
Works Ltd. vs CIT (224 ITR
High Court in the case of Reliance
Utilities & Power Ltd. (313 ITR 340) and thereby
rejecting the application of Rule 8D?"
v. Whether ... context and
set of facts in Reliance Utilities & Power Ltd. (313 ITR
340) which has the impact of making the statutory rule
redundant
Court judgment in the case of Reliance Utilities and Power Ltd. 313
ITR 340. For the sake of completeness of this order, relevant finding ... Bombay High Court
in the case of Reliance Utility & Power 313 ITR 340 (Bom.), held that if there
be interest free funds available
jurisdictional
Vs Reliance Utilities and Power Ltd 313 ITR 340 and CIT vs HDFC
bank Ltd 366 ITR 505 (bom).
6.10 Regarding disallowance in terms ... case of CIT Vs. Reliance Utility & Power Ltd.
(2009) 313 ITR 340 (Bom), the same has to be considered in context
of the date
jurisdictional
Vs Reliance Utilities and Power Ltd 313 ITR 340 and CIT vs HDFC
bank Ltd 366 ITR 505 (bom).
6.10 Regarding disallowance in terms ... case of CIT Vs. Reliance Utility & Power Ltd.
(2009) 313 ITR 340 (Bom), the same has to be considered in context
of the date
313 ITR
340)(Bom.), CIT vs HDFC Bank Ltd (2014) 366 ITR 505 (Bom.)
and HDFC Bank Ltd.(2016) 383 ITR ... Rajasthan Ltd. [2009] 316 ITR 391 (Raj) (para 2)CIT v. Reliance
Utilities and Power Ltd. [2009] 313 ITR 340 (Bom) (para
case of it vs. Reliance Utilities and Power
Ltd. (313 ITR 340) but the AO disallowed ... decision of CIT vs. Reliance Utilities
and Power Ltd. 313 ITR 340.
6.4(i) Now the issue has to be considered here is where appellant
decision of Bombay High Court in Reliance Utilities and Power Ltd 313 ITR 340 is
3
Tata S ky Limited
found applicable ... disallowance of interest
u/s. 14A.
• Reliance Utilities & Power Ltd (313 ITR 340) where it is held that the
principle would be that
Ag-8 Ventures Ltd., Bhopal vs Acit, Central-1, Bhopal on 16 February, 2021
आयकर
case of CIT vs Reliance Utilities & Power Ltd ( 2009) 313 ITR 340 (Bom)
and CIT vs HDFC Bank Ltd (2014) 366 ITR ... HDFC Bank Ltd 366 ITR 505(Bom HC)
2. CIT vs Reliance Utilities and Power Ltd 313 ITR 340(Bom HC)
3. CIT vs Reliance
