loss of Rs. 19.89 lacs in trading account. Major loss is loss in trading. As given earlier point 6 of reason of losses the loss ... assessee did not substantiated the loss. Saying so in the penalty order that loss was not substantiated was whimsically on the part
undervaluation of sales comes to
nearly Rs. 331 crores, resulting in substantial loss of revenue.
From the above commission report, it was also noted that ... total operational and incidental expenses was
disallowed on estimate, resulting in substantial loss of revenue.
In the assessment order
towards quality, loss of business of several
lacs besides loss of reputation in international market. The Respondent -
Corporate Debtor actually suffered substantial losses and damages ... intentionally to cause losses
suffered by the Corporate Debtor with respect to quality and loss of business
of several lacs besides loss of reputation
Yashovardhan Saboo vs Groz-Beckert Saboo Ltd. And Ors. on 22 October, 1992
Equivalent citations
business. At the same time, tube division was likely to incur substantial losses due to the factors mentioned above. The management felt that ... tube division as it could have availed of the benefits of substantial losses and depreciation. He further pointed out that as a matter of fact
avoid protracted
litigation on the matter, in the backdrop of the substantial losses
which were suffered by the assessee on year on year basis ... proceedings, therefore,
the parameters considered for the disallowance of an expenditure were
substantially different from those relevant for levy of penalty. The
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have played. In this situation, the bookmaker stands to make a substantial loss. To save this situation or to minimize his loss, the bookmaker ... horse and the bookmaker considers that lie is likely to suffer substantial loss beyond his means possibly if the horse eventually wins the race. This
hold any other substantial investment and in the sale and purchase of GIL shares, they have suffered substantial losses.
(ii) Sri Theertha Investment ... evidenced by transfer deeds in which there is a substantial alteration in the consideration. He also pointed out that there has been transfer of shares
News Item: Nine Killed As Godown ... vs New India Insurance Co. Ltd. & Anr, on
business. At the same time, tube division was likely to incur substantial losses due to the factors mentioned above. The management felt that ... tube division as it could have availed of the benefits of substantial losses and depreciation. He further pointed out that as a matter of fact
