company has w.e.f 1 st November 2007 hived off its business of Planet M
division consisting of leisure and retail products ... opinion of the assessee, the transaction of hiving off the business of Planet
M division is not a "Sale
Concerning the assignment of the right under the
contract, on hiving off the business of defendant No. 1
and the hived off business vested ... Single Judge was obliged to consider the effect of a
legislative hiving off the business of defendant No. 1 to
defendant
held by the Tribunal that
just because the assessee hived off one block in the project and
hived off block had violated the condition prescribed ... project from the
deduction under S.80IB(10) especially when the hived off block was
not in any way connected with the assessee
Oricon Enterprises Ltd, Mumbai vs Acit Cen Cir 3(3), Mumbai on 16 May, 2018
evident from the website that Prudential UK (PPU) was to hive off a
part of its business and assets including Mumbai division i.e. VDPPMS ... evident from the website that Prudential UK (PPU) was to hive
off a part of its business and assets including Mumbai division i.e. VDPPMS
High Court that it was
willing to explore the possibility of hiving off Break Fast Food
Unit (BFFU) and reviving it under a joint-venture
software products. Further,
during financial year 2007-08, the company had hived off its e-paper business
and hence, was an exceptional year of operation ... issue is it being exceptional year,
where the said concern had hived off its e-paper business to another concern.
Accordingly, we hold that Bodhtree
effect from
the Appointed Date of January 1, 2017, proposing to hive off its
shareholding, obligations and liabilities in relation to the said
company
assessee.
During the year the company has undergone restructuring activity by
hiving off its e paper business. Reference was invited in this regard ... that during the year the
company has undergone restructuring activity by hiving off its e-paper
business. Thus, it is functionally non comparable. We also
19th October, 2012 with effective date 1st January, 2012, had hived
off one of its division engaged in rental of equipment, to the assessee
company
