Bombay High Court in the case of
CIT vs. Gem Plus Jewellery India Ltd. , 330 ITR 175, without
appreciating that the Department has filed ... Bombay High Court in
the case of CIT vs. Gem Plus Jewellery India Ltd. )330 ITR 175(Bom. HC). The
brief facts are that
Bombay High Court
in the case of CIT Vs. Gem Plus Jewellery India Ltd. , [330 ITR 175]
(Bom) and also Special Bench decision ... Bombay
High Court in the case of CIT Vs. Gem Plus Jewellery India Ltd. ,
[330 ITR 175] (Bom) and also Special Bench decision
Jurisdictional High Court ruling in the case of CIT
vs. Gem Plus Jewellery India Ltd. 330 ITR 175 (Bom), wherein it
has been upheld that ... Bombay High Court in favour of
the assessee in CIT v. Gem Plus Jewellary India Limited in (2010) 194 taxman
192(Bombay) as disallowance
this, the AR of the appellant relied
on order of Gem Plus Jewellery India Ltd. reported in 330 ITR 175 and the decision
of ITAT ... relevant portion
of the finding in the case of Gem Plus Jewellery India ltd. (supra)is reproduced
hereunder for better understanding and clarity
Mumbai High Court in the case of
Gem Plus Jewellery India Ltd. (supra), held that since the export turnover
forms a part of the total ... considered as part of profit. In case of CIT vs. Gem Plus Jewellery India
Ltd (supra), the Hon'ble Bombay High Court held that
Bombay HC in the case of CIT v/s. Gem Plus
Jewellery India Ltd. wherein, the case laws relied on by the LAR applied ... Laxmi Machine Works 290 ITR 667 (SC) & CIT
v/s. Gem Plus Jewellery India Ltd. (2011) 330 ITR 175 (Bom.). She, thus,
supported
Bombay High Court
in the case of CIT Vs. Gem Plus Jewellery India Ltd. , [330 ITR 175]
(Bom) and also Special Bench decision
profit of the
business/unit eligible for deduction.
1) CIT vs. Gem Plus Jewellery India Ltd 330 ITR 175 (Bombay)
2) S B Builders ... Bombay High Court in the case of CIT vs. Gem Plus
Jewellery India Ltd 330 ITR 175, wherein in the context of deduction
under
Bombay High
Court in case of CIT vs. Gem Plus Jewellery (330 ITR 175) as well as different
Benches of Tribunal including ITAT, Chennai Bench
Mumbai High Court in the case of CIT Vs. Gem Plus
Jewellery India Ltd. 330 ITR 175, in identical circumstances, held that since the
export
