Maruti Suzuki India Ltd vs Additional Commissioner Of Income Tax ... on 1 July, 2010
Author
that on account of
rapid changes in technology and need to upgrade technology in
industries, it is necessary to encourage modernization and evolve a
scheme ... account of rapid changes in
technology, there was constant need for upgradation of technology in
industries. It was, therefore, necessary to encourage modernization.
As part
Maruti Suzuki India Ltd., New Delhi vs Dcit, New Delhi on 9 February, 2023
IN
M/S. Dishman Pharmaceuticals & ... vs The Acit, (Osd),Range-1,, Ahmedabad on 20 June
Rusinko is to keep the assessee abreast of matters concerning technology upgradation and development of new products in the field of carbon and graphite, besides
development of skill in the employees,
management and entrepreneurs,
provisioning for technological
upgradation, marketing assistance or
infrastructure facilities and cluster
development of such enterprises with
Provided, that if a unit is availing interest subsidy benefit under
Technology Upgradation Fund” (TUF) scheme of Government
of India, for textile sector, then
reveal that one of the objectives is also to
facilitate technological and infrastructural upgradation of all sectors of
Indian economy, especially through import of capital
aforesaid clauses unerringly state that no new technology,
upgradation or service in any form was to be provided on or after 14th July
report for the year 1990-91 the company spoke of upgradation of technology and in fact Shri Merchant in his evidence has set out that ... have. As far as technology is concerned any prudent management upgrades technology over the years as and when technological innovations take place. Can therefore