through pages 198 to 199 of the paper book referring
the Insecticides Rules, 1971(GSR 1650, Dt.9.10.1971. Para 10A of the said ... place specifically demarcated for the purposes with a
declaration " date expired insecticide" to be exhibited on the conspicuous
part of the place
from the assessment/appellate orders are that the
assessee company sold its insecticides plant at Atul, Valsad to M/s Agrimore Limited close
to December ... crores payable in accordance with the agreed schedule
of payment. For its book purpose, the assessee company had shown the said
through pages 198 to 199 of the
paper book referring the Insecticides Rules, 1971(GSR 1650,
Dt.9.10.1971. Para 10A of the said ... place
specifically demarcated for the purposes with a declaration " date
expired insecticide" to be exhibited on the conspicuous part of the
place
assessee. The ld AR of the assessee has then referred schedule X of Companies
Act and submitted that the Companies Act requires ... Delhi High Court in case
of Commissioner of Income-tax v. Hindustan Insecticides Ltd. reported in 250 ITR 338
wherein it has been held that
through pages 198 to 199 of the paper book
referring the Insecticides Rules, 1971(GSR 1650,
Dt.9.10.1971. Para 10A of the said ... place specifically
demarcated for the purposes with a declaration " date
expired insecticide" to be exhibited on the conspicuous
part of the place
permissible to the Assessing Officer to travel
beyond sec.44 and Schedule-I and make A.Y:04-05 disallowance by applying ... PSIDCL vs. CIT 225 ITR 792(SC) and CIT vs. Hindustan Insecticides Ltd. 250
ITR 338(Del.) disallowed the expenses of Rs.11.00 lacs
permissible
to the Assessing Officer to travel beyond sec.44 and Schedule-I and make ... PSIDCL vs. CIT
225 ITR 792(SC) and CIT vs. Hindustan Insecticides Ltd. 250 ITR
338(Del.) disallowed the expenses of Rs.11.00 lacs
which is engaged in the
business of manufacturing and marketing of household insecticides and air
fresheners such as mats, coils, electronic mosquito destroyers under ... assessee are situated in backward areas as
specified in Eighth Schedule of the Income Tax Act which are eligible for
deduction either
from the assessment/appellate orders are that the
assessee company sold its insecticides plant at Atul, Valsad to M/s Agrimore Limited close
to December ... crores payable in accordance with the agreed schedule
of payment. For its book purpose, the assessee company had shown the said
Dcit Cen Cir 40, Mumbai vs Saf Yeast Co. P. Ltd, Mumbai on 24 November
