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Commissioner Of Income-Tax, Madras vs K. H. Chambers, Madras on 9 November, 1964

A Division Bench of the Patna High Court in Jittanram Nirmalram v. Commissioner of Income-tax, Bihar & Orissa, (4 ) after considering the relevant decisions, both English and Indian, said that it was sufficient if there was substantial identity or similarity in the nature and extent of the activities carried on between the two firms i.e., the transferor and the transferee firms. The Court observed therein :
Supreme Court of India Cites 10 - Cited by 36 - Full Document
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