Madras High Court in the case
of CIT v. CMRL dated 30.01.2018 reported in [2018] 92 taxmann.com
329 (Mad.) wherein ... Madras High Court in the case of CMRL (supra) was the latest
judgment vis-à-vis that of the decision cited by the assessee
Madras High Court in the case
of CIT v. CMRL dated 30.01.2018 reported in [2018] 92 taxmann.com
329 (Mad.) wherein ... Madras High Court in the case of CMRL (supra) was the latest
judgment vis-à-vis that of the decision cited by the assessee
Madras High Court in the case
of CIT v. CMRL dated 30.01.2018 reported in [2018] 92 taxmann.com
329 (Mad.) wherein ... Madras High Court in the case of CMRL (supra) was the latest
judgment vis-à-vis that of the decision cited by the assessee
materialized for the reason that the property was acquired by M/s. CMRL Ltd,
the source for cash available for making payment ... cancelled since the said property was acquired by
Chennai Metro Rail Corporation (CMRL) against TDR. Since the sale
agreement was cancelled, the advance received from
tunnels covering an area of 8.7 Kilometers by
Chennai Metro Rail Ltd., (CMRL) in FY 2012-13. The JV
subcontracted a portion of contract relating ... mosmetrostroy
Russia to MMS India for carrying out work for the CMRL project.
During FY 2013-14, MMS India was in its first full year
materialized for the reason
that the property was acquired by M/s. CMRL Ltd, the source for cash available for making
payment ... cancelled since said property was acquired by Chennai Metro Rail
Corporation (CMRL) against TDR. Since the sale agreement was
cancelled, the advance received from present
delay
and admit the appeal for adjudication.
3. Chennai Metro Rail Limited (CMRL) is a Government Company u/s.
2(45) of the Companies ... Rail Project in Chennai, Tamil Nadu. For Assessment Year (AY) 2018-19,
CMRL filed its return of income u/s.139(1) on 30.10.2018, declaring
Bank Property Risk Audit Services 1,251,300
Alstom Transport India Limited CMRL - Track Infrastructure 950,000
Project
AAM India Manufacturing Consultancy charges
incurred whereas the revenue was being offered as
and when CMRL and Siemens were approving their bills. The same was
opposed to concept of Percentage
