Ace Builders (P) Ltd. on 7 March, 2005
Equivalent citations: [2005]144TAXMAN855(BOM)
Author: Ja Devadhar
Bench: Ja Devadhar
JUDGMENT
JA Devadhar, J
This appeal ... assessee, the Tribunal by the impugned order (reported as ACE Builders (P) Ltd. v. Asstt. CIT (2001) 71 77J (Mum-Trib) 188Ed.) held that
Commissioner Of Income-Tax vs Ace Builders Pvt. Ltd. on 7 March, 2005
Equivalent citations: 2005(3)BOMCR598, (2005)195CTR(BOM)1, [2006]281ITR210
Commissioner Of Income-Tax vs Ace Builders Pvt. Ltd. on 19 November, 1992
Equivalent citations: [1993]202ITR324(BOM)
JUDGMENT
Dr. B.P. Saraf ... acquire the business carried on in the name of "Ace Builders", a firm and to engage in the business of builders, general contractors
Bombay High Court in the
case of Ace Builders(supra) (wherein the issue involved was
allowability of deduction ... decision of Hon'ble Bombay High Court in Ace
builders(supra) and Hon'ble ITAT Special Bench Mumbai in
SKF India (supra
High Court of Bombay in
Commissioner of Income Tax versus ACE Builders (P) Ltd. reported in
[2005]144 Taxman 855(Bombay). The said decision ... relied upon its
own judgment in the case of CIT v. ACE Builders (P .) Ltd. [2006]
281 ITR 210/[2005] 144 Taxman
High Court of Bombay in Commissioner of
Income Tax versus ACE Builders (P) Ltd. reported in
[2005] 44 Taxmann 855 (Bombay). The said decision ... relied upon its
own judgment in the case of CIT v. ACE Builders (P .)
Ltd. [2006] 281 ITR 210/[2005] 144 Taxman
High Court of Bombay in Commissioner of
Income Tax versus ACE Builders (P) Ltd. reported in
[2005] 44 Taxmann 855 (Bombay). The said decision ... relied upon its
own judgment in the case of CIT v. ACE Builders (P .)
Ltd. [2006] 281 ITR 210/[2005] 144 Taxman
Commissioner of Income-tax, Mumbai City-II, Mumbai vs. ACE Builders
Pvt. Ltd. [(2005) 3 Bom CR 598]. The High Court has observed that
Section ... Commissioner of Income-tax, Mumbai
City-II, Mumbai vs. ACE Builders Pvt. Ltd.” (2005) 3 Bom CR 598 in
the following manner:
“In our opinion
Division Bench of Bombay High Court in CIT v. Ace Builders (P) Ltd. while considering the similar situation as in the present case held
sheets of petitioner No. 1 -Company and other companies i.e., Ace Builders and Developers (P) Limited, white papers and non-judicial stamp papers stating