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Commissioner Of Income Tax vs M/S. Smifs Securities Ltd. (Presently ... on 9 June, 2010

65. Having regard to the entirety of facts, the ratio laid down by the Hon'ble Supreme Court in Commissioner of Income-tax v. Smifs Securities Ltd. [2012] 348 ITR 302 (SC) and the binding decision of the Coordinate Bench of the Ahmedabad Tribunal in assessee's own case for Assessment ITA Nos. 1845 to 1848/Ahd/2025 & 1867 to 1870/Ahd/2025 Asst. Years-2014-15 to 2017-18
Calcutta High Court Cites 1 - Cited by 261 - M S Shah - Full Document

M/S Apex Laboratories P. Ltd. vs The Deputy Commissioner Of Income Tax ... on 22 February, 2022

43. We also derive support from the decision of the Delhi Bench of the Tribunal in Orange Business Services India Solutions (P.) Ltd. v. Deputy Commissioner of Income-tax 141 taxmann.com 167 (Delhi - Trib.) wherein it was held that working capital adjustment inherently accounts for differences in receivables, payables and inventory levels between tested party and comparables and therefore separate adjustment on delayed receivables would result in duplication.
Supreme Court of India Cites 41 - Cited by 189 - S R Bhat - Full Document

Commissioner Of Income Tax vs M/S Classic Binding Industries on 20 August, 2018

"13. Learned counsel appearing for the assessees pointed out before us that clause (v) of sub-section (8) of Section 80-IC is the concerned provision which provides definition of 'initial assessment year', for the purpose of this very Section, i.e., Section 80-IC, which was not noticed while pronouncing the judgment in CIT v. Classic Binding Industries [2018] 96 taxmann.com 405/257 Taxman 324 (SC) case. We find substance in this submission of the assessees. We have no hesitation to accept this mistake which occurred in the aforesaid judgment."
Supreme Court of India Cites 13 - Cited by 47 - A K Sikri - Full Document

Vodafone Idea Ltd(Earlier Known As ... vs Assistant Commissioner Of Income Tax ... on 29 April, 2020

Ltd. v. Assistant Commissioner of Income- tax wherein it was held that delayed receivables beyond agreed credit period may constitute independent international transactions requiring separate arm's length analysis. The ld. CIT(Appeals) also rejected the contention of ITA Nos. 1845 to 1848/Ahd/2025 & 1867 to 1870/Ahd/2025 Asst. Years-2014-15 to 2017-18
Supreme Court of India Cites 51 - Cited by 78 - U U Lalit - Full Document
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