already decided the issue in the case of CIT V. Kwality Biscuits Ltd. , (2006) 284 ITR 434 contrary to the decision of the Madras High ... judgment of the Karnataka High Court in the case of Kwality Biscuits Ltd. v. CIT reported in (2000) 243 ITR 519 and, according
whereas judgment of Karnataka High
Court in case of Kwality Biscuits Ltd. v. Commissioner of
Incometax reported in (2000) 243 ITR 519 (Karnataka ... followed the decision of the Karnataka High
Court in Kwality Biscuits Ltd. (supra) as affirmed by the
Supreme Court in Commissioner of Income
noted that the judgement of the Karnatka High Court in Kwality Biscuits Ltd. (supra) was confined to s. 115J of the Act. The order ... Special Leave Petition in limine filed by the Department against Kwality Biscuits Ltd. (supra) is reported in CIT vs. Kwality Biscuits
Sbl Pvt. Ltd., Delhi vs Assessee on 15 September, 2016
vk;dj vihyh; vf/kdj
judgmnent of the Karnataka High Court in the case of Kwality Biscuits
Ltd. v. CIT reported in [2000] 243 ITR 519 and, according ... section
115J applied. This view of the Karnataka High Court in Kwality Biscuits Ltd. was not
shared by the Gauhati High Court in Assam Bengal
Nirma Ltd.,, Ahmedabad vs Department Of Income Tax on 30 January, 2014
आयकर अपीलीय अिधकरण
wherein decision of Hon'ble Supreme Court in CIT Vs. Kwality Biscuits Ltd. , 284
ITR 434 was relied upon. The assessee also relied upon ... their Lordships considered their earlier
decision in the case of Kwality Biscuits Ltd. (supra) followed by the ld. CIT(A).
The relevant observations
Karnataka High Court in the case of Kwality Biscuits Ltd., 243
ITR 519 (Kar) and the judgment of Hon'ble Madras High Court ... Karnataka
High Court in the case of Kwality Biscuits Ltd. (supra) which was
available and, therefore, under these circumstances, assessee was not
expected
Supreme Court judgment relied upon in the case of CIT vs. Kwality
Biscuits Ltd. 284 ITR 434 (SC), related to Section 115J and not section ... Supreme Court on the case of CIT Vs. Kwality Biscuits Ltd.,284 ITR
434(SC) concluded that interest is not chargeable u/s 234B
judgment of Karnataka High Court in the case of Kwality Biscuits Ltd. v. CIT and the decision of Tribunal, Delhi Bench, in the case reported ... judgment of Karnataka High Court in the case of Kwality Biscuits Ltd, v. CIT (supra). After considering the submissions of the assessee, the learned
