Bombay High Court in the case of CIT v. Ace Builders
(2006)281 ITR 201(Bom.) but the AO rejected the contentions of the
assessee ... decision of Bombay High Court in the case of CIT vs ACE Builders
P. Ltd. [281 ITR 210(Bom)] is not applicable as the above
Bombay High Court in CIT Vs. Ace Builders Pvt. Ltd. ( 2006) 281 ITR
210 (Bom) and CIT Vs. Parrys (Eastern) Pvt. Ltd. reported ... decision of Hon'ble Bombay High Court in CIT
Vs. Ace Builders Pvt. Ltd. (supra) and also referring to the decision
jurisdictional High Court in the case of CIT Vs. Ace Builders (P)
Ltd. [2006] 281 ITR 210 (Bom.) and contended that the amount in question ... Jurisdictional High Court in the
case of Ace Builders (P.) Ltd. (supra). The AO is also directed to examine the
contention raised by the learned
Eih Limited, Kolkata vs Dcit, Cir-8(1)Kol., Kolkata on 16 May, 2018
आयकर
relied upon its own judgment in the case of CIT v. ACE
Builders (P .) Ltd. [2006] 281 ITR 210/[2005]144 Taxman 855 (Born ... judgment of the Bombay High Court in the case of ACE Builders (P.) Ltd. (supra)
in the following manner:
"In our opinion, the assessee
assessee is entitled for deduction under
s. 54F.--CIT vs. Ace Builders (P) Ltd. (2005) 195 CTR (Born) 1 .
( 2006) 281 ITR 210 (Born
Nilofer Singh (2009) 221 CTR (Del.) 277, CIT V/S Ace Builders (P)
Ltd. (2005) 195 CTR (Bom.) and CIT V/S Assam Petroleum ... Nilofer Singh (2009) (221 CTR 277 - Del. ),
CIT v/s Ace Builders P Ltd. ( 2005) (195 CTR 1 - Mumbai) and CIT v/s
Assam Petroleum
counsel for the assessee in the case of
CIT vs. Realest Builders and Services Ltd. - 307 ITR 202 (SC) in
addition to the following cases ... Housing and Land Development Trust Ltd. - 161
ITR 524 (SC);
( g) Ace Builders Pvt. Ltd. vs. CIT - 225 ITR 746 (SC);
(h) Mantra Tanta Yantra
Bombay High Court in the case of CIT Vs. ACE Builders P.
Ltd. 281 ITR 210 and decision of Guwahati High Court in the
case
Bombay High Court in
the case of CIT vs. ACE Builders (P .) Ltd. 155 Taxman 855 has held that
the legal fiction created in Section
