Search Results Page
Search Results
1 - 10 of 15 (0.30 seconds)M/S. Patankar Wind Farm Pvt. Ltd.,, ... vs Deputy Commissioner Of Income-Tax,, on 22 December, 2017
The Tribunal in the case of M/s. Patankar Wind Farm Pvt. Ltd. Vs. Dy.
Commissioner of Income Tax (supra) has held that Sales Tax subsidy is not an
operational subsidy and is not linked to the profits of industrial undertaking.
The scheme under which the present assessee has received Sales Tax subsidy
is same, therefore, there is no reason to take a different view.
Cit vs M/S Meghalaya Steels Ltd on 9 March, 2016
As we have observed earlier, the issue
whether the assessee is eligible for claiming deduction u/s. 80IA in the light of
decision rendered by Hon'ble High Court in the case of Commissioner of Income
Tax Vs. Meghalaya Steels Ltd. (supra) has already been considered and has
been decided against the assessee. Accordingly, we find no reason to remit this
issue back to the file of Assessing Officer.
Commissioner Of Income Tax-I, Kolhapur vs M/S Chaphalkar Brothers Pune on 7 December, 2017
9. The ld. AR has placed reliance on the decision of Hon'ble Supreme
Court of India in the case of CIT Vs. Chaphalkar Brothers Pune (supra.). We
find that the facts in the present case are entirely at variance.
Garden Silk Mills Ltd. vs Dy Commissioner Of Income Tax ... on 30 November, 2005
Since, facts in present case are
distinguishable, the ratio laid down in Garden Silk Mills Vs. Commissioner of
Income Tax and Another (supra) would not apply.
Section 80IC in The Income Tax Act, 1961 [Entire Act]
Section 80IB in The Income Tax Act, 1961 [Entire Act]
Rupinder Singh Arora, Mumbai vs Ito 6(1)(2), Mumbai on 10 February, 2017
16. The ld. AR has drawn our attention to the decision of Mumbai Bench of
the Tribunal in the case of Rupinder Singh Arora Vs. ITO (supra).