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Atul Limited,, Ahmedabad vs Assessee

18. At the outset, Ld. Counsel for the assessee fairly stated that the issue is squarely covered by the decisions of Hon'ble Apex Court in the case of DCIT v. Core Health Care Ltd. [2008] 298 ITR 194 (SC) and Munjal Sales Corporation v. CIT And Another (2008) 298 ITR 298 (SC) wherein this issue was decided by following the case law of Hon'ble jurisdictional High Court in the case of DCIT v. Core Healthcare Ltd. [2001] 251 ITR 61 (Guj) even the Hon'ble Apex Court has affirmed the decision of Hon'ble jurisdictional High Court in the case of DCIT v. Core Health Care Ltd. [2008] 298 ITR 194 (SC), wherein it is held as under:-
Income Tax Appellate Tribunal - Ahmedabad Cites 65 - Cited by 0 - Full Document
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