Kirloskar Pneumatic Company Limited vs Lmp Precision Engineering Co.Pvt.Ltd on 15 June, 2012
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
COMPANY PETITION ... KIRLOSKAR PNEUMATIC COMPANY LIMITED
Versus
LMP PRECISION ENGINEERING CO.PVT.LTD.
--------------------------------------------------------------
Appearance:
1. COMPANY PETITION No. 136 of 1989
MS DARSHANA S PANDIT for Petitioner
Cylinders P Ltd
13 Gopal Cylinders WM'
/
7%
14
Haldia Precision Engg. Carbac Group
Pvt.Ltd
151 Hans Gas Appliances P Ltd Confidence Petroleum ... Vessels Pvt. Ltd. (24) Faridabad Metal Udyog Pvt. Ltd.(25)
Haldia Precision Engineering Pvt. Ltd. (26) Carbac holdings Ltd. (27)
S. M. Cylinders (Unit
Precision Technofab & Engineering ... vs Department Of Income Tax on 23 November, 2012
1
IN THE INCOME TAX APPELLATE TRIBUNAL
'B' BENCH - AHMEDABAD ... Circle-5, Vs M/s. Precision Technofab &
5th floor, Pratyaksh Kar Bhavan, Engineering,
Panjara Pole, Ambawadi, 7-C, Suryarath, Panchwati,
Ahmedabad Ellisbridge, Ahmedabad
reliance on the judgment of the Apex Court in
" Precision Steel & Engineering Works & Anr v. Prem Deva
Niranjan Deva Tayal ... 2012 Page 4 of 8
in " Precision Steel Engg vs. Prem Deva Niranjan Deva Tayal ,
(supra)", wherein it was held that
decision of the Tribunal in the case of Turbotech Precision Engg. P. Ltd. Vs. CCE-2006 (3) S.T.R. 765 (Tri. - Bang
VENKATESH R BHAGAT, ADV)
AND:
SRI M V VIJAYAN
PROPRIETOR,
PRECISION ENGINEERING ENTERPRISES,
NO.4, SOUMYA INDUSTRIAL ESTATE
RAILWAY PARALLEL ROAD
MUTHYALNAGAR GOKULA POST
BANGALORE
Main, 2nd Cross
Bovipalya, Mahalakshmipuram
Bangalore 560 086.
2. M/s.Precision Engineering
Works
A Partnership firm having its
Office
Gujrat High Court in the case of LMP Precision Engg. Co. Ltd. vs.
DCIT, 330 ITR 93 (Guj) after noting facts, held as under :- (head
Gujrat High Court in the case of LMP Precision Engg.. Co. Ltd. vs.
DCIT, 330 ITR 93 held -
"The Deputy Director of Income
Gujarat High Court in the case of LMP Precision
Engg. Co. Ltd. Vs DCIT (Assessment), 330 ITR 93, held as under:
"Held, that
