separated from each other.
ii) Though the main source of power in the entire factory is common, the power consumed by each machine in each ... materials is common or certain post-manufacturing activities are centrally carried out or drawing certain facilities from a common source are not, as rightly pointed
assessees the Assessing Officer
relied upon information obtained from common source. In this context,
he drew our attention to the relevant observations of the Assessing
linked with each other when such
transaction emanate from a common source being an order or a
contract or an agreement or an arrangement ... characteristic and terms of the transactions substantially flows
from the said common source. As observed by coordinate bench
of this Tribunal in case of Boskalis
utilities which are supplied from a common source
which also services areas of the plant other than R&D may be admissible,
provided they
Marketing P.
Ltd and M/s. Shree Datta Industries (I) Ltd had common address and
another, namely Nexus Softwares Ltd, though had its address ... that the
bank accounts of all the four companies had a common source of fund.
being the bank account in the name of Lovmat Enterprises
Marketing P.
Ltd and M/s. Shree Datta Industries (I) Ltd had common address and
another, namely Nexus Softwares Ltd, though had its address ... that the
bank accounts of all the four companies had a common source of fund.
being the bank account in the name of Lovmat Enterprises
issue involved was whether managing agency commission, which was common to various sources of income, some of which were taxable and some non-taxable, should ... Tribunal and the High Court allocating common expenses namely management agency commission against the sources of income chargeable to tax as also to those
investment in fixed deposits' to the 'Total Assets sourced
from common pool of funds'.
D. Additional Ground of Appeal under Rule ... 2019
Maharashtra Airport Development Company Ltd., AY 2007-08
sources". Apart from this, there are four additional grounds raised in
two parts, latest being
investment in fixed deposits' to the 'Total Assets sourced
from common pool of funds'.
D. Additional Ground of Appeal under Rule ... 2019
Maharashtra Airport Development Company Ltd., AY 2007-08
sources". Apart from this, there are four additional grounds raised in
two parts, latest being
assessed
under 'income from other sources.
d) The Id. CIT(A) and Id. Assessing Officer failed to appreciate that one to
one nexus ... investment in fixed deposits' to the 'Total Assets sourced
from common pool of funds.
f) Without prejudice to Ground
