taxmann.com 55 (Madras)
5. CIT Vs. Colgate Palmolive (India) Ltd. (2015) 59 taxmann.com 139
(Bombay)
6. Booke Bond ... similar lines. The decision in the case of the CIT Vs
Colgate Palmolive (India) Ltd was based on manufacturing of items
exclusively for the assessee
2024
(Maruti Keshavrao Didhore)
employee of Colgate Palmolive Ltd. For AY 2016-17, the assessee e-
filed his return on 12/07/2016 declaring total ... return of
income offered the amount received from his employer, Colgate
Palmolive Ltd. as his salary income under the provisions of section
Sulzer India Limited (supra) and in the case of CIT vs. Colgate Palmolive
(India) Limited (159 taxmann.com 139) and accordingly, directed the
Assessing Officer ... Bombay High
Court in CIT vs. Colgate Palmolive (India) Limited (supra). The ratio of
decision of Hon'ble Bombay High Court
similar set of facts in the case of an employee of
Colgate Palmolive (India) Ltd.
7. The ld. DR has not raised any objection
case are that, the assessee is an
employee of Colgate Palmolive Ltd. and has earned income
from salary and income from other sources. The assessee ... taken a voluntary retirement from Colgate Palmolive (India) Ltd.
in the previous year and the assessee has filed documents
explaining that the assessee
Bombay
High Court in the case of CIT v. Colgate Palmolive (India) Ltd. [2015]
370 ITR 728. This decision is also substantially different in facts
compensation received for the
termination of employment with M/s. Colgate Palmolive (India)
Ltd. Against the said return of income, assessment was completed ... well as,
claiming that the receipt of compensation from M/s. Colgate
Palmolive (India) Ltd. towards termination of services was capital
receipt and cannot
case are that the assessee
has been a salaried employee of Colgate Palmolive (India)
Ltd., Aurangabad Unit. An Early Retirement Scheme (ERS)
was formulated ... placed on record a letter dated 06.10.2023
issued by the Colgate Palmolive (India) Ltd. stating that the
assessee and other employees were not entitled
facts of the case are that the assessee
was working with Colgate Palmolive (India) Limited. He
2
ITA No. 861/PUN/2022
Tarachand Annsaheb Gaikwad ... receipt' towards the amount received by these
hitherto employees of Colgate Palmolive (India) Limited
who availed the Early Retirement Scheme benefit similar
