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Dcit Corporate Circle-3(1), Chennai vs Tanfac Industreis Limited, Chennai on 26 December, 2019
cites
Commissioner Of Income Tax, Delhi vs M/S Woodward Governor India P. Ltd on 8 April, 2009
and
placing reliance on the decision of the Hon'ble Supreme Court in the case of
CIT v. Woodward Governor India (P) Ltd. 312 ITR 254 (SC), the ld. Counsel for
4 I.T.A. No. 2642/Chny/19
the assessee strongly supported the order passed by the ld. CIT(A) and prayed
for its confirmation on this issue.
Section 5 in The Reserve Bank Of India General Regulations, 1949 [Entire Act]
1