taxmann.com 269
(Bombay HC)
31
- ACIT v Colgate Palmolive (India) Ltd : ITA No.
6073/Mum/2014 (Mum-Trib).
34. The Ld. Counsel
Mumbai Bench of the Tribunal in the case of
DCIT vs. Colgate Palmolive India Ltd., ITA No.5485/Mum/2009, order dated 25th
October ... Mumbai Bench of the Tribunal in the case of CIT vs. Colgate
Palmolive (supra) has decided an identical issue where the loss incurred on sale
Johnson Ltd : [2017] 80 taxmann.com 269
(Bombay HC)
ACIT v Colgate Palmolive (India) Ltd: ITA No. 6073/Mum/2014
16
(Mum-Trib
Bombay High Court in a similar case in CIT
Vs. Colgate Palmolive [India] Ltd 59 Taxmann.com 139 was ,
inter alia, seized with the following
under consideration
assessee has earned maximum sales from premium customers
like Colgate-Palmolive India Ltd, Hindustan Lever Ltd, Dabur
India Ltd., and Asian Paints
stay/interim injunctions.
Relying upon the decision in the case of Colgate Palmolive (India) Ltd. v.
Hindustan Lever Ltd. (1999) 7 SCC 1, @ Para
Mumbai Bench of the Tribunal in the case of CIT vs. Colgate
Palmolive (supra) has decided an identical issue where the loss incurred on
sale
decision of the Hon‟ble Bombay High Court in
CIT Vs. Colgate Palmolive Ltd [378 ITR 728]. Thus, he claimed that the
above loss ... decision of
Hon‟ble Bombay High Court in CIT Vs. Colgate Palmolive Ltd [370 ITR 728]
was also devoid of any merit. In that case
Dcit, New Delhi vs M/S. Dabur India Ltd., New Delhi on 18 February, 2021
