Bombay High Court in the case of CIT vs.
Gem Plus Jewellery India Ltd. , 330 ITR 175 held that enhanced
profit on account of disallowance ... decision of Hon'ble Bombay High Court in
CIT V. Gem Plus Jewellery India Ltd reported in 330 ITR 175 (Bom).
He also placed
Bombay High Court in the case of M/s.Gem Plus Jewellery
India Ltd., reported in 194 Taxman 192 (Bombay), wherein in Para ... Bombay High Court in the case of M/s.Gem Plus
Jewellery India Ltd., referred to supra, respectfully following the principles
of the decision
decision of Hon'ble Bombay High Court in
CIT V. Gem Plus Jewellery India Ltd reported in 330 ITR 175 (Bom).
He also placed ... favour of the assessee by the
decisions in CIT V.Gem Plus Jewellery India Ltd 330 ITR 175 (Bom)
and DCIT V. Vertex Infosoft Solution
Mumbai High
court in the case of CIT V Gem Plus Jewellery India Ltd in ITA No 2426 of
2009 dt 23.6.2010 and the Special
placing reliance on the judgment of Bombay High Court
in Gem Plus Jewellery India Ltd. (194 Taxman 192) found that in
respect of voluntary disallowance
Visteon Technical And Services Centre ... vs Assessee on 28 May, 2012
IN THE INCOME TAX
also relied on the following cases in this
connection:
- CIT vs Gem Plus Jewellery India Ltd (233 CTR 248)
- ITO vs Kalbhor Gawade Builders ... Bombay High Court in CIT vs Gem Plus Jewelry India Ltd (233
CTR 248) as well as the order of the Co-ordinate bench
also relied on the following cases in this
connection:
- CIT vs Gem Plus Jewellery India Ltd (233 CTR 248)
- ITO vs Kalbhor Gawade Builders ... Bombay High Court in CIT vs Gem Plus Jewelry India Ltd (233
CTR 248) as well as the order of the Co-ordinate bench
also relied on the following cases in this
connection:
- CIT vs Gem Plus Jewellery India Ltd (233 CTR 248)
- ITO vs Kalbhor Gawade Builders ... Bombay High Court in CIT vs Gem Plus Jewelry India Ltd (233
CTR 248) as well as the order of the Co-ordinate bench
High Court
of Bombay in the case CIT vs. Gem Plus Jewellery India Ltd.
[2011] 330 ITR 175. However, fairly agreed that ... High Court of
Bombay in the case of CIT vs. Gem Plus Jewellery India Ltd. ,
supra, has considered an identical issue and held that enhanced
