Commissioner of Income Tax v. Sahara India Corpn Ltd.

296 ITR 285High Court2000#10505 most cited
10

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2013 to 2015.

Issues it is cited on

interest free advancesdisallowance of interest expenditurebusiness connectionsection 36(1)(iii)commercial expediencysection 36(1)section 37(1)section 36section 37scrutiny assessmentprevious yeartransfer

Judgments citing Commissioner of Income Tax v. Sahara India Corpn Ltd.

COMMISSIONER OF INCOME TAX (C) - III vs. M/S DD INDUSTRIES LTD.

ITA - 518 / 2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/S DD INDUSTRIES LTD

ITA - 516 / 2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) - III vs. M/S DD INDUSTRIES LTD

ITA - 512 / 2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/s DD INDUSTRIES LTD

ITA/518/2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/s DD INDUSTRIES LTD

ITA/516/2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/s DD INDUSTRIES LTD

ITA/519/2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/s DD INDUSTRIES LTD

ITA/526/2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/s DD INDUSTRIES LTD

ITA/517/2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

COMMISSIONER OF INCOME TAX (C) -III vs. M/s DD INDUSTRIES LTD

ITA/512/2013HC Delhi13 Mar 2015
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

The Commissioner of Income Tax - Central vs. M/s. Himagiri Biotech Pvt. Ltd.,

ITTA/526/2013HC Telangana30 Oct 2013
Section 36

…os.512/2013, 516/2013, 517/2013, 518/2013, 519/2013 & 526/2013 Page 8 findings that the claim was admissible u/s 36(1)(iii) of the Act and the reliance placed on the judgment of this Court in Commissioner of Income Tax vs. Sahara India Corpn Ltd. (2000) 296 ITR 285 (Delhi). Most crucially, it noted that the amount of `23,28,50,000/- was advanced in the F.Y, 2005-06 and F.Y. 2006-07 from out of surplus funds for purchase of show room and no borrowed funds were used for these advances and that no disallowance of interest expenditure was made during those years in orders made under Section 143(3) and no…

Commissioner of Income Tax v. Sahara India Corpn Ltd. (296 ITR 285) — Cited in 10 Judgments | BharatTax