settled in Apollo
Tyres Ltd. Vs. CIT ( 2002) ITR 273 (SC) and National Hydroelectric
Power Corporation Ltd. Vs. CIT ... Apollo
Tyres Ltd. Vs. CIT ( 2002) ITR 273 (SC) and National Hydroelectric
Power Corporation Ltd. Vs. CIT (2010) 187 Taxman
settled in Apollo Tyres Ltd. Vs. CIT ( 2002) ITR 273 (SC) and
National Hydroelectric Power Corporation Ltd. Vs. CIT ... CIT(A) is not justifiable, hence,
by relying upon the law mentioned above i.e., Apollo Tyres Ltd. Vs.
CIT ( 2002
FOLLOWING:
JUDGMENT
This appeal under Section 260-A of the Income Tax
Act, 1961 (hereinafter referred to as 'the Act', for short ... Supreme Court in the case of Apollo Tyres Ltd Vs.
CIT (2002) 255 ITR 273 while setting aside the
assessment originally made
Ltd., vs. Deputy CIT (1999) 237 ITR 777 and in the case of Apollo Tyres Ltd., vs. CIT (2002 ... Supreme Court in the case of Apollo Tyres Ltd., vs. CIT (2002) 255 ITR 273 wherein it was held that the Assessing Officer
decision of the Bombay High
Court in CIT vs. Veekaylal Investment Co. (P)
Ltd ... judgment of the Supreme Court
in Apollo Tyres Ltd. vs. CIT (2002) 174 CTR
(SC) 521 : (2002) 255 ITR 273 (SC). The
question
jurisdictional ITAT in the
case of JSW Energy Ltd vs Assistant Commissioner of Income
Tax, Circle -11(5). Further reliance is placed on certain other ... Supreme
Court in the case of Apollo Tyres Ltd vs CIT [2002] 255 ITR
273/122 Taxman 562, wherein the Apex Court held
time. Ld. counsel relied on following decisions :-
( a) Apollo Tyres Ltd. vs. CIT , (2002) 122 taxmann.com 562 (SC);
( b) CIT
assessee
was dealing with shares, income/loss from shares/units was speculative
loss and not business loss.
4. CIT (Appeals) dismissed the appeal ... placed upon decision of the
Supreme Court in Apollo Tyres Ltd. Vs. CIT , (2002) 255 ITR 283
(SC). Inspite of the said observations
Ltd., vs. Deputy CIT (1999) 237 ITR 777 and in the case of Apollo Tyres Ltd., vs. CIT (2002 ... Supreme Court in the case of Apollo Tyres Ltd., vs. CIT (2002) 255 ITR 273 wherein it was held that the Assessing Officer
Punjab &
Haryana High Court in the case of CIT vs. Lal Chand Tirath
Ram (1997) 225 ITR 675. In that case ... Supreme
Court in the case of Apollo Tyres Ltd. Vs. CIT (2002) 255
ITR 273, in which it was held that the accounts
