Acit - 4(3)(1), Mumbai vs Rational Handloom Co. Pvt. Ltd., Mumbai on 23 July, 2019
THE INCOME TAX APPELLATE TRIBUNAL
"D" Bench ... ACIT 4(3)(1) M/s. Rational
Room No. 649 V s. Handloom Co. Pvt. Ltd.
6 t h Floor
India Handloom Fabrics Tax ... vs Ito Wd 2(1)(1), Mumbai on 29 June, 2018
ITA No.5090/Mum/2014 ... 5090/Mum/2014
(िनधा रण वष / Assessment Year: 2010-11)
All India Handloom Fabrics Income Tax Officer Ward-2(1)(1)
Marketing Co-op Society
Tamil Nadu Handloom Weavers Co -= ... vs Ito (Tds) - 2(3)(2), Mumbai on 22 October, 2020
IN THE INCOME-TAX APPELLATE TRIBUNAL ... 3714/Mum/2019 (Assessment Year 2015-16)
Tamil Nadu Handloom Weavers ITO (TDS)-2(3)(2),
Co-operative Society Ltd., Mumbai.
204, Udyog Mandir
decision in the case of CIT v. Handicraf ts and Handlooms
Export Corporation of India Ltd.: (2014) 140 IT!? 532 (Del),(copy
of order enclosed ... paper book),
wherein the assessee was in the business of export of
handloom, etc. The holding company of the assessee came to
the rescue
been purchased on 5-7-2005 from M/s
Maharashtra State Handloom Corporation Limited for a
consideration of Rs. 8,05,00,000 and registered ... land, obtaining
information from the seller of land M/s Maharashtra State Handloom
Corporation Limited, buyer of the Land M/s Nunlet Projects Private
Limited
Name of the party Amount standing
1. M/s. S.S Handloom Rs. 25,00,000/-
2. M/s Nidhi Textiles ... Plus 35,42,810 35,42,810 35,42,810
5. Bhagalpur Handloom Fabricks 7,36,475 7,36,475 7,36,475
6. Sambhav
Delhi High
Court in Association of Corporation and Apex Societies of Handlooms (supra)
I.T.A. No. 5526/Mum/2024
3
and of this Court ... Court in the case of
Association of Corporation & Apex Societies of Handlooms (supra) has also
relied upon and so understood the decisions
Arceli Realty Ltd, Mumbai vs Ito 15(1)(1), Mumbai on 21 April, 2017
ु
Nirmal Udyog Co. vs Assistant Commissioner Of Income Tax on 24 July, 1997
Equivalent citations
further. Mr. Tralshawala had relied upon the decision in Ranch!
Handloom Emporium (supra) which held that the Direct Tax Laws
(Amendment) Act, 1987 came into
