Bmarkt Tecamat Pvt. Ltd. (India Ipo) vs Ajmer Diesels And Tractors/ Adjt ... on 23 April, 2026
Author: Subramonium Prasad
Bench: Subramonium Prasad ... DELHI
+ ARB.P. 737/2026
BMARKT TECAMAT PVT. LTD. (INDIA IPO) .....Petitioner
Through: Appearance not given.
versus
AJMER DIESELS AND TRACTORS/ ADJT PRIVATE LIMITED.
.....Respondent
Bmarkt Tecamat Pvt. Ltd. (India Ipo) vs Ajmer Diesels And Tractors/ Adjt ... on 20 May, 2026
Author: Subramonium Prasad
Bench: Subramonium Prasad ... DELHI
+ ARB.P. 737/2026
BMARKT TECAMAT PVT. LTD. (INDIA IPO) .....Petitioner
Through: Appearance not given
versus
AJMER DIESELS AND TRACTORS/ ADJT PRIVATE LIMITED.
.....Respondent
have erred in law and on facts in treating, IPO
expenses amounting to Rs. 1,68,30,430/- as capital expenditure arbitrarily
and without ... Year 2009-10, Ground No. 1 of the assessee is that the
IPO expenses have been treated as capital expenditure. The contention
have erred in law and on facts in treating, IPO
expenses amounting to Rs. 1,68,30,430/- as capital expenditure arbitrarily
and without ... Year 2009-10, Ground No. 1 of the assessee is that the
IPO expenses have been treated as capital expenditure. The contention
proportionate Initial Public Offer (IPO) expenses and Portfolio
Management Services (PMS) expenses. The appeal relates to A.Y.2022-23.
2. The brief facts ... grounds.
6. Ld. Counsel for the appellant submitted that the IPO was for both issue of fresh
shares by the company i.e. Metro Brands
been submitted in the
form of an Indian Postal Order (IPO) bearing no. 64F 766656 dated 21.06.2024 for
Page ... amount of Rs. 10. As per the terms & conditions of the IPOs, the IPOs are valid for
a period of only 6 months from
Interest income earned 15154.534 0 15,155
on IPO Proceeds which was
reduced from the value of
fixed assets
Total outflow ... proceeds of the IPO, which
were temporarily placed in a separate bank account as
mandated under the Companies Act . Further, there was
an increase
Complainant submitted, that he had filed an RTI application along with
an IPO payable to the 'Accounts Officer' of the respondent ... complainant also submitted, that the respondent had not accepted the aforesaid
IPO, despite the same being in line with the Rule
कोई अनधसूचना प्राप्त नहीं होती हैं इसके अिावा हमारे
कायाग िय द्वारा IPO को िमा कराने का कोई प्रावधान नहीं है , इसनिए हम आपके
आवेिन ... payment,
the same was returned. Thereafter, the complainant submitted an e-IPO bearing
number 481703212411453.
5. Written submission dated 06.01.2026 filed by the respondent
कोई अनधसूचना प्राप्त नहीं होती हैं इसके अिावा हमारे
कायाग िय द्वारा IPO को िमा कराने का कोई प्रावधान नहीं है , इसनिए हम आपके
आवेिन ... payment,
the same was returned. Thereafter, the complainant submitted an e-IPO bearing
number 481703212411453.
5. Written submission dated 06.01.2026 filed by the respondent
