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1 - 9 of 9 (0.47 seconds)Section 144B in The Income Tax Act, 1961 [Entire Act]
Section 144 in The Income Tax Act, 1961 [Entire Act]
Section 146 in The Income Tax Act, 1961 [Entire Act]
Section 256 in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
R. Dalmia vs C.I.T., Delhi, New Delhi on 21 September, 1977
6. So far as the first question is concerned, the view expressed by the apex court in R. Dalmia v. CIT [1999] 236 ITR 480, is dearly applicable to the facts of the case. In view of the said decision, the answer to the question is in the affirmative, in favor of the Revenue and against the assessed. So far as the second question is concerned, in view of the factual findings recorded by the Tribunal to which we have referred above, the conclusions are essentially
factual giving rise to no question of law. Therefore, we decline to answer the question. So far as the third question is concerned, the conclusions of the Tribunal are in order. The cost was allowed as revenue expenditure. In that view of the matter, no question of law arises. Therefore, we decline to answer the question. So far as the fourth question is concerned, in view of the decision of this court in Taylor Instrument Co. (India) Lid. v. CIT [1992] 198 ITR 1, in the assessed's own case for the assessment year 1969-70, the answer to the question is in the negative, in favor of the Revenue and against the assessed.
The Companies (Profits) Surtax Act, 1964
Smith Kline & French [India] Ltd.Etc vs Commissioner Of Income Tax on 16 April, 1996
So far as the fifth question is concerned, the same is covered by the decision of the apex court in Smith Kline and French (India) Ltd. v. CIT [1996] 219 ITR 581. The answer to the question is in the negative, in favor of the Revenue and against the assessed.
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