Search Results Page

Search Results

1 - 10 of 12 (0.20 seconds)

D. S. Bist & Sons, Nainital vs Commissioner Of Income Tax, Delhi ... on 3 November, 1978

In D. S. Bist & Sons v. CIT[11] it was held that the Act does not clothe the taxing authorities with any power or jurisdiction to re-write the terms of the agreement arrived at between the parties with each other at arm’s length and with no allegation of any collusion between them. ‘The commercial expediency of the contract is to be adjudged by the contracting parties as to its terms.’
Supreme Court of India Cites 10 - Cited by 45 - R S Pathak - Full Document

Dalmia Jain & Co. Ltd vs Commissioner Of Income-Tax,Bihar & ... on 29 July, 1971

17. On a consideration of the issues placed before the Tribunal, including the decision of this Court in Dalmia Jain and Company Limited v. Commissioner of Income Tax[1] it was held that the expenses incurred by the Assessee were honest and reasonable and were incurred for the purposes of protecting the business of the firm as a going concern.
Supreme Court of India Cites 1 - Cited by 68 - K S Hegde - Full Document
1   2 Next