fact that in terms of the Joint Operating Agreement
(JOA), all the costs are shared among the Joint
Venture Partners in ratio of their participating ... 2009/1, as a partner of the respective ‗unincorporated
joint ventures‖ for prospecting, exploring and producing oil and
gas from the contracted areas. To execute
Dcit, Circle- 23(2), New Delhi vs Ske & C- Kct Joint Venture , New Delhi on 28 August, 2019
INCOME TAX APPELLATE TRIBUNAL
DELHI BENCHES ... DCIT, Circle- SKE & C-KCT Joint Ms. Nidhi Sharma, Sr. DR None
32(2), New Delhi Venture
82. 5001/Del/2019 2013-14 AADAS9266L
Pradeep Agencies-Joint Venture vs Income Tax Officer on 31 August, 2007
Equivalent citations: (2007)111TTJ(DELHI)346
ORDER
I.P. Bansal ... hands of the respective members of the joint venture.
2. That on the facts and circumstances of the case the learned CIT(A) also erred
Corporation on
account of its share ofincome from the Joint Venture, CFS at Ludhiana
for the years 2003-2004,2004-2005 which has been taxed ... assessee relates to verification of share of income from Joint
Venture CFS, Ludhiana.
10.1 Before the Learned CIT(A), the assessee submitted that
Container Freight
errone ous manner by considering the amount
approved by the Joint Venture ("JV") partner as CUP.
Ground No. 4: Errone ously disre garde ... indication. Furthe r
regarding non-sharing of the cost by the joint-
venture partners we have given our findings while
deciding the appeal
assessee and a majority of its shareholders entered into a joint venture agreement with HP and HPI on 2nd April, 1991, as amended on 27th ... subsidiary, Hewlett-Packard Delaware Capital Inc. ("HPDC") Under the joint venture agreement, the assessee was permitted to use the name "Hewlett Packard
share in property to a partnership or to a joint venture and whether as a result of it some capital gain arises in the hands ... into stock-in-trade but by virtue of entering into a joint venture with Ansal Properties & Industries (P.) Ltd. According to him, the whole
Bhpe Kinhill Joint Venture vs The Addl. Director Of Income Tax, ... on 14 December, 2007
Equivalent citations: [2008]304ITR285(DELHI)
ORDER
D.R. Singh, Judicial
equipments". On 2-4-1991 it entered into a "joint venture agreement" with H.P. Company (USA), inter alia, for the purpose ... India of the existing company and H.P. Company. The joint venture agreement contemplated that H.P. Company would participate in the existing company where
Particulars Amount in
Lakhs
A. Trade investments (Unquoted) in Joint venture companies of
Equity Contribution In Share Capital of
Hyderabad International Airport Ltd. (HIAL ... amount of equity contribution / share application of
the appellant company in joint venture companies
(which were special purpose vehicles) for running of
various airports
