Pr. Commissioner of Income Tax -7 vs. Sumitomo Corporation India (P) Ltd
ITA/52/2023HC Delhi02 Sept 2024
Bench: HON'BLE MR. JUSTICE YASHWANT VARMA,HON'BLE MR. JUSTICE RAVINDER DUDEJA
…gh Courts. It would, however, suffice to refer to Banarsidas Bhanot and Sons v. CIT, [1981] 129 ITR 488 (MP), G.R. Steel and Alloys P. Ltd. v. CIT, [1985] 152 ITR 220 (Kar), Ashok Kumar (K.) v. CIT, [1986] 162 ITR 543 (Kar), Joseph Kuruvila v. CIT, [1989] 179 ITR 139 (Ker), Des Raj Kul Bhushan v. CIT, [1989] 180 ITR 297 (P&H) and Vishwanath Prasad v. Bhagwati Prasad v. CIT, [1993] 202 ITR 469 (All). 20. As for the decisions relied on by learned counsel for the assessee, the decision of the Supreme Court in the case of Dhadi Sahu, [1993] 199 ITR 610 is clearly distinguishable in that it deals with altog…