free reserves and preference share capital. The
accounting treatment of this mix shall be notified later.
(v) The capital structure of Bharat Sanchar Nigam Limited ... preference
share capital of Rs 7500 Crores and debt of Rs 7500 Crores. The balance
consideration was reflected as reserves. This capital structure was also
loans,
accept deposits from public, issue equity
or preference capital, change its
capital-structure or create any charge or
its assets or give any guarantees ... accept
any deposit from public, issue equity or preferential
capital, change in its capital structure, create any charge
on the assets, or give any guarantee
further restrained from altering the shareholding
structure and share capital structure of defendant No.10.".
2. To understand the controversy arising in the present ... further
restrained from altering the shareholding structure and share
capital structure of defendant No.10."
14. The background in which the aforesaid two applications
free reserves and preference share capital. The
accounting treatment of this mix shall be notified later.
(v) The capital structure of Bharat Sanchar Nigam Limited ... preference
share capital of Rs 7500 Crores and debt of Rs 7500 Crores. The balance
consideration was reflected as reserves. This capital structure was also
production of soda ash, has failed to broad base its capital structure to enable the public to participate in the high growth and profitability earned ... which requires the petitioner company to broad base its capital structure. The failure to broad base the capital structure is not at all a relevant
Tribunal held that these receipts were directly related to the capital structure of the business which was being set up, and that they ... held that the receipts were directly related to the capital structure of the business and they could not be considered as an independent source
borrowed capital. The company was free
to use this income in any manner it liked. However,
while interest earned by investing borrowed capital in
short ... These receipts are inextricably
linked with the setting up of the capital structure of the
assessee-company. They must, therefore, be viewed as
capital receipts
fulfil such conditions
as may be prescribed, shall be deemed to be capital
borrowed within the meaning of this clause;"
8. In Tuticorin Alkali Chemicals ... These receipts are inextricably linked
with the setting up of the capital structure of the assessee-
ITA-1238/2011 Page 10
company. They must, therefore
erection of the equipment. These receipts were directly related to the capital structure of the business which was being set up. On the other hand ... erection of equipments. These receipts were directly related to the capital structure of the business and they cannot be considered as an independent source
Thus, in its commercial
activities of sort, it has got a capital structure of profit, liabilities
and labour force to care for. We see reason
