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Hll Biotech Limited vs The Commissioner Of Income Tax on 25 September, 2024 cites

Commissioner Of Income-Tax Bihar-Ii, ... vs Bokaro Steel Limited, Bokaro on 18 December, 1998

On the other hand in Bokaro Steel Ltd. (supra) where the assessee had earned interest on advance paid to contractors during pre-commencement period was found to be 'inextricably linked' to the setting up of the plant of the assessee and hence was held to be a capital receipt which was permitted to be set off against pre-operative expenses."
Supreme Court of India Cites 9 - Cited by 372 - S V Manohar - Full Document

Roads & Bridges Development ... vs Assistant Commissioner Of Income Tax ... on 22 April, 2008

In Roads & Bridges Development Corporation of Kerala Ltd. v. Assistant Commissioner of Income Tax (2018) 257 Taxman 392 (Ker) , a Division Bench of this Court, considering the question as to whether the interest accrued on mobilisation advances made by the assessee to its contractors is capital income or revenue income, after referring to the judgments of the Apex Court in Tuticorin Alkali Chemicals & Fertilizers v. Commissioner of Income Tax (supra) and Commissioner of Income Tax v. Bokaro Steel Ltd. (supra) held that the interest income received therein was capital receipt.
Kerala High Court Cites 1 - Cited by 0 - Full Document
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