Indian Express Newspapers Mumbai Ltd., ... vs Department Of Income Tax
I.T.A. NOS. 665 & 666/DEL/2011
IN THE INCOME TAX APPELLATE TRIBUNAL ... ACIT, Circle 50(1), vs. M/s Indian Express Newspapers
R.No. 503, 5th floor, Aaykar Bhavan, Mumbai Limited,
Laxmi Nagar, Delhi (Presently known
initio and thus cannot be acted upon.
4.3 In CIT Vs. Express Newspapers Limited (40 1TR 38, 57) the
Hon'ble Madras High Court ... affirmed
by the Hon'ble Supreme Court in CIT Vs. Express Newspapers Limited
[53 ITR 250 (SC)].
4.4 In Hewlett Packard India
refer to its own decision in the case of
CIT Vs. Express Newspapers Ltd. (1964) 53 ITR 250, wherein it had
been held that section ... This becomes more
clear from the decision in the case of Express Newspapers Ltd. (supra),
wherein it is mentioned that section
Express Newspapers Ltd. (1960) 40 ITR 38 (Mad)
( iv) Impsat (P) Ltd. v. ITO (2005) 92 TTJ (Del) 552
(v) Better Inv. Ltd. (since amalgamated ... consideration in several decisions. In the case of CIT v. Express Newspapers Ltd. (supra) the facts were as follows.
Free Press of India (Madras
been a consistent position. As
early as 1960, in CIT v. Express Newspapers Ltd. [1960] 40 ITR 38 (Mad), the
Madras High Court held that
Profit on work of Indian Express Newspaper Ltd. @ 66 per 30,28,971
cent of 45,89,351 as per calculation given by the assessee
McDowell & Co. Lid's case ( supra) and Indian Express Newspapers (Bombay) P. Ltd. v. Union of India ... dispute that the above computation is quite in line with the view expressed by ITAT 'D' Bench, Bombay in case of Mrs. Pushpa
Slocum Investment P. Ltd. (Now Known As ... vs The Deputy Commissioner Of Income Tax on
Young Indian, New Delhi vs Cit(E), New Delhi on 15 November, 2019
In the
Bombay High
Court in the case of Indian Express Newspapers (Bombay) P.
Ltd., & Another vs., Union of India & Others
