Bahwan Engineering Company LLC on behalf of AE
During the year under consideration, Bahwan Engineering Company LLC
(BEC) had entered into sub-contract agreement with ... also
submitted that the entire profit on the contract assigned by the Bahwan
Engineering Company LLC in favour of the assessee would automatically
come
operating
manpower and
material /
consumables
and
comprehensive
annual
3
maintenance
contract.
Gharpure Engg For contract Nill ... into a contract with the said party for providing these services during the
contract period at the pre-defined rates. The aforesaid contract was drafted
surrendering the
contract and verifying the application under the contract. Thus,
5
ITA No. 3068/Mum/2024 and others
M/s. Patel Engineering Limited ... 3068/Mum/2024 and others
M/s. Patel Engineering Limited
fact that the contract was awarded to the assessee company
and not to the individual
surrendering the
contract and verifying the application under the contract. Thus,
5
ITA No. 3068/Mum/2024 and others
M/s. Patel Engineering Limited ... 3068/Mum/2024 and others
M/s. Patel Engineering Limited
fact that the contract was awarded to the assessee company
and not to the individual
surrendering the
contract and verifying the application under the contract. Thus,
5
ITA No. 3068/Mum/2024 and others
M/s. Patel Engineering Limited ... 3068/Mum/2024 and others
M/s. Patel Engineering Limited
fact that the contract was awarded to the assessee company
and not to the individual
surrendering the
contract and verifying the application under the contract. Thus,
5
ITA No. 3068/Mum/2024 and others
M/s. Patel Engineering Limited ... 3068/Mum/2024 and others
M/s. Patel Engineering Limited
fact that the contract was awarded to the assessee company
and not to the individual
upon by the learned D.R.
15. In the case of TCV Engineering Ltd. vs. ACIT 284 ITR 470 (Mad) the
Hon'ble Madras ... assessee.
The assessee's main business was civil engineering contracts.
The income-tax authorities initiated proceedings under section 132A
on the director
D.D.I.T. (I.T.) 2(1), Mumbai vs Siemens Ltd., Mumbai on 27
company is engaged in
the activities like EPC lump sum turnkey contracts, engineering design
services, supervision services, translation services and feasibility studies. It
also renders ... onshore / offshore design and engineering services and field
construction supervision services. The assessee company primarily renders
engineering design services and field construction supervision services
pharmaceutical
industries,that engineering services provided by it mainly comprised of licenses know how/basic
engineering/detailed engineering/Lumpsum Trunkey contracts (LSTK) projects/supervising ... contracts,that engineering cost was estimated based on efforts to be deployed from different
disciplines,that based on such estimated man hours decision about cost
