Search Results Page
Search Results
1 - 10 of 11 (0.22 seconds)Section 2 in The Companies Act, 1956 [Entire Act]
Section 391 in The Companies Act, 1956 [Entire Act]
Commissioner Of Income Tax, Hyderabad vs M/S. Motor And General Stores (P.) Ltd on 2 May, 1967
after following the decision of the Hon'ble Supreme
Court in the case of CIT vs. Motor General Stores Pvt. Ltd. (supra)
and the decision of the Hon'ble Bombay High Court in the case of
Sadanand S. Varde vs. State of Maharashtra 247 ITR 609 held as
under :
Section 394 in The Companies Act, 1956 [Entire Act]
Commissioner Of Income-Tax, Kerala vs R.R. Ramakrishna Pillai on 5 May, 1967
10. The same view was again expressed by the Hon'ble Supreme
Court in the case of CIT vs. R.R. Ramakrishna Pillai 66 ITR 725
wherein it was held that where a person carrying on business,
transfers assets to a company in consideration of allotment of
shares, it would be a case of exchange but not of sale.
Avaya Global Connect Ltd. vs Acit Range 7(3) on 29 July, 2008
The ITAT,
Mumbai Bench in the case of Avaya Global Connect Ltd. vs. ACIT 26
SOT 397 (Mum.)