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Commissioner Of Income Tax, Chennai vs M/S Bilahari Investment (P) Ltd on 27 February, 2008

23. This Court too has by order dated 7th January 2015 in ITA 111/2014 (CIT v. SABH Infrastructure Ltd.) held likewise, after Page | 8 ITA No.5676/Del/2017 Assessment Year : 2014-15 noticing the decisions of the Supreme Court in CIT v. Bilahari Investment P. Ltd. (supra) and the order dated 15th November 2011 in ITA No. 928 of 2011 (CIT v. Manish Buildwell Pvt. Ltd.)."
Supreme Court of India Cites 8 - Cited by 179 - Full Document

Principal Commissioner Of Income Tax ... vs Samsung India Electronics Ltd. on 20 September, 2018

13. We do not see any infirmity in the order of Ld. CIT(A) as the CIT(A) has correctly appreciated the facts in the light of ratio laid down by the Hon'ble Jurisdictional High Court rendered in the case of CIT vs Samsung India Electronics Ltd. vide its judgement dated 09.07.2013 and CIT vs ESPN Software Ltd. [301 ITR 368 (Del)]. Moreover, the Revenue could not rebut the finding of Ld.CIT(A) that brokerage forms part of selling cost therefore, allowable expenditure. The Ground No.2 raised by the Revenue is dismissed.
Supreme Court - Daily Orders Cites 0 - Cited by 43 - Full Document

Commissioner Of Income Tax (Ltu) vs M/S Espn Software India Ltd. on 7 November, 2017

13. We do not see any infirmity in the order of Ld. CIT(A) as the CIT(A) has correctly appreciated the facts in the light of ratio laid down by the Hon'ble Jurisdictional High Court rendered in the case of CIT vs Samsung India Electronics Ltd. vide its judgement dated 09.07.2013 and CIT vs ESPN Software Ltd. [301 ITR 368 (Del)]. Moreover, the Revenue could not rebut the finding of Ld.CIT(A) that brokerage forms part of selling cost therefore, allowable expenditure. The Ground No.2 raised by the Revenue is dismissed.
Delhi High Court Cites 0 - Cited by 8 - S R Bhat - Full Document

Commnr. Of Income Tax, Delhi-Iv vs M/S. Dalmia Promoters & Devels. (P) Ltd on 16 September, 2015

The stand of the Assessee in the present case also finds support in the decision of the Gujarat High Court in CIT-IV v. ShivalikBuildwell (P) Ltd. (2013) 40 taxmmann.com 219 (Gujarat). It was held that the Assessee in that case, who was a developer, was entitled to book the amount received as booking advance as income on transfer of the property. Till then the advance booking amounts could not be treated as his trading receipt.
Supreme Court - Daily Orders Cites 2 - Cited by 47 - Full Document
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