wrongly credited in Form 26AS of the assessee firm instead of the M/s Star
Consortium Aviation Services Pvt. Ltd. In order to support ... assessee
firm and M/s Kingfisher Airlines). From a perusal of e-mail copy between the
assessee firm, M/s Star consortium Aviation Services
Promoter
The project developer may be individual/company/firm/group
of companies or a Joint venture/Consortium of maximum 4
partners having minimum 51% shareholding
Suraksha' project commenced vide CC
dated 19.11.2003, the appellant firm Kumar Builders'
Consortium was not in existence at all. Actually, the land ... relevant point of time, assessee
firm Kumar Builders Consortium was not in existence.
5. The land for the said project Kumar Sansar (inclusive of land
distinct legal entity.
It is their contention that their firm and M/s. H.D.
Consortium India Ltd. are independent to each other
and both ... cited the shareholding pattern of
Partners of the appellant firm in M/s. H.D. Consortium
India Ltd. and contended that as per the definition
submitted that in the
present case, the partnership firm is akin to a consortium of
companies more so because the 3 partners of the firms ... reason
that the assessee was a firm and not a consortium of companies.
The claim of deduction was subsequently allowed by the Co-
ordinate Bench
reason that the assessee was a firm and net a
consortium of companies. The claim of deduction was subsequently
allowed by the Coordinate Bench ... reason that the assessee was a firm and not a
consortium of companies. The claim of deduction was subsequently
allowed by the Coordinate Bench
also participated via
consortium route by entering into a Consortium Agreement with a Chinese
firm M/s Fujian Longking Co. Ltd. BHEL-ISG Issued ... follow the prescribed
norms / verification while awarding the contract to the consortium firm. The issue
in this regard, has been challenged before
JMEPL which leads the consortium (the appellant) was incorporated
on 25.09.2009. Parallelly, a partnership firm named Jai Madhok Holdings
(for short ... Madhok Holding ("JMH") partnership firm. This was in terms
of the bid submitted by the consortium of JMEPL and JMH.
As calculated
firstly that since the
assessee is a partnership firm, cannot be considered to be a consortium so as to
be eligible for claiming deduction
bidding round.
6. A consortium comprising of 2nd Respondent - JMEPL and a
partnership firm of M/s Jay Madhok Holdings, (hereinafter referred ... cases at hand).
The original consortium partners had included a company and a partnership
firm. It was the requirement of the regulations with they turned
