Shyam Basic Infrastructure Pvt. Ltd., ... vs Department Of Income Tax on 5 June, 2015
ITA NO. 4366/Del/2013
IN THE INCOME TAX APPELLATE TRIBUNAL ... ACIT, CENTRAL CIRCLE-2, NEW M/S SHYAM BASIC
DELHI VS. INFRASTRUCTURE PVT. LTD.,
ROOM NO. 323, 3RD FLOOR, ARA A-60, NARAINA INDL. AREA
said order passed in the case of M/s. Shyam Basic Infrastructure Projects (P.) Ltd., the similar amount received by the assessee from Qualcomm ... decision of learned CIT taken in the case of M/s. Shyam Basic Infrastructure Projects (P.) Ltd. clearly shows that the view taken
EVENT
1. 03.11.2005 Agreement to Sell Consideration = 1900
between Shyam Basic crore + Book value on
Infrastructure Projects 13/01/2006 of current
Pvt. Ltd.(SBIP ... assessee company w.e.f. 03.11.2005 when Agreement to Sell
between Shyam Basic Infrastructure Projects Pvt. Ltd. and Oswal
Chemicals & Fertilizers Ltd. (OCFL
Officers of the company. There is another company named M/s Shyam Basic Infrastructures Products Pvt. Ltd. (hereinafter referred to as 'SBIPPL ... currently enjoyed except Marketing Personnel. Thereafter it appears that another company Kribhco Shyam Fertilizers Limited (hereinafter referred to as 'KSFL') was incorporated under
Shyam Basic Infrastructure ... vs Unknown on 6 April, 2005
Equivalent citations: [2006]66SCL99(RAJ)
Author: S.K. Keshote
Bench: S.K. Keshote
ORDER ... Keshote, J.
1. This application is filed by Shy am Basic Infrastructure Projects, having its registered office at B2-D, Shiv Marg, Bani Park, Jaipur
factory established on the acquired land to one M/s Shyam Basic Infrastructure Private Ltd. Jaipur Rajsthan. A copy of another sale agreement dated ... sale agreement was entered by the appellants with one M/s Kribhco Shyam Fertilizers Ltd. for sale of the factory for consideration of Rs.1908
under Section 617 of the Indian Companies Act.
(iii) M/s Shyam Basic Infrastructure Projects Pvt. Ltd. (in short SHYAM) is a Company incorporated under ... Sell" (hereinafter referred to as "the Agreement") with Shyam Basic Infrastructure Projects Private Limited, a company incorporated and existing under the provisions
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