DCIT, Circle-13(1), New Delhi v. Nitrex Chemicals India Ltd.

62 Taxmann.com 284Reported decision2015#21176 most cited
4

judgments rely on this decision, according to BharatTax’s citation analysis of 348,607 Indian tax judgments — from 2022 to 2022.

Issues it is cited on

software technology parksection 43ainterest free advancesdisallowance of interest expenditureput to usemercantile system of accountingsection 36(1)(iii)commercial expediencydisallowance under section 14adisallowance u/s 14arevenue expenditurecapital expenditure

Judgments citing DCIT, Circle-13(1), New Delhi v. Nitrex Chemicals India Ltd.

Tanglin Developments Limited, Bangalore vs. The Deputy Commissioner of Income Tax, Central Circle-1(3), Bangalore

In the result, assessee’s appeals are allowed

ITA 146/BANG/2021[2017-18]Status: DisposedITAT Bangalore31 Jan 2022AY 2017-18

Bench: Shri Chandra Poojari & Shri George George K.

For Appellant: Shri C Ramesh, C.AFor Respondent: Shri Jairam Raipura, CIT(DR OSD)
Section 43A

…M/s.Coffeeday Global Ltd for the A.Ys.2013-14 & 2014-15 in ITA Nos.3040 & 3041/Bang/2018. v) Pr.Commissioner of Income Tax V. Albasta Wholesale Services Ltd (2020) 117 Taxmann.com 166 (SC) vi) DCIT, Circle-13(1), New Delhi V. Nitrex Chemicals India Ltd (2015) 62 Taxmann.com 284 (Delhi-Trib) vii) India Gelatine and Chemicals Ltd V. Assistant Commissioner of Income Tax (2014) 46 Taxmann.com 282 (Gujarat) viii) Shankara Infrastructure Materials Ltd V. Assistant Commissioner of Income Tax, Circle- ore (2021) 130 Taxmann.com 67 (Kar) ix) Pr.Commissioner of Income Tax V. Suzlon Energy Ltd (2020) 121 Taxmann.com 137 (SC…

Tanglin Developments Limited, Bangalore vs. The Deputy Commissioner of Income Tax, Central Circle-1(3), Bangalore

In the result, assessee’s appeals are allowed

ITA 145/BANG/2021[2015-16]Status: DisposedITAT Bangalore31 Jan 2022AY 2015-16

Bench: Shri Chandra Poojari & Shri George George K.

For Appellant: Shri C Ramesh, C.AFor Respondent: Shri Jairam Raipura, CIT(DR OSD)
Section 43A

…M/s.Coffeeday Global Ltd for the A.Ys.2013-14 & 2014-15 in ITA Nos.3040 & 3041/Bang/2018. v) Pr.Commissioner of Income Tax V. Albasta Wholesale Services Ltd (2020) 117 Taxmann.com 166 (SC) vi) DCIT, Circle-13(1), New Delhi V. Nitrex Chemicals India Ltd (2015) 62 Taxmann.com 284 (Delhi-Trib) vii) India Gelatine and Chemicals Ltd V. Assistant Commissioner of Income Tax (2014) 46 Taxmann.com 282 (Gujarat) viii) Shankara Infrastructure Materials Ltd V. Assistant Commissioner of Income Tax, Circle- ore (2021) 130 Taxmann.com 67 (Kar) ix) Pr.Commissioner of Income Tax V. Suzlon Energy Ltd (2020) 121 Taxmann.com 137 (SC…

Tanglin Developments Limited, Bangalore vs. The Deputy Commissioner of Income Tax, Central Circle-1(3), Bangalore

In the result, assessee’s appeals are allowed

ITA 144/BANG/2021[2014-15]Status: DisposedITAT Bangalore31 Jan 2022AY 2014-15

Bench: Shri Chandra Poojari & Shri George George K.

For Appellant: Shri C Ramesh, C.AFor Respondent: Shri Jairam Raipura, CIT(DR OSD)
Section 43A

…M/s.Coffeeday Global Ltd for the A.Ys.2013-14 & 2014-15 in ITA Nos.3040 & 3041/Bang/2018. v) Pr.Commissioner of Income Tax V. Albasta Wholesale Services Ltd (2020) 117 Taxmann.com 166 (SC) vi) DCIT, Circle-13(1), New Delhi V. Nitrex Chemicals India Ltd (2015) 62 Taxmann.com 284 (Delhi-Trib) vii) India Gelatine and Chemicals Ltd V. Assistant Commissioner of Income Tax (2014) 46 Taxmann.com 282 (Gujarat) viii) Shankara Infrastructure Materials Ltd V. Assistant Commissioner of Income Tax, Circle- ore (2021) 130 Taxmann.com 67 (Kar) ix) Pr.Commissioner of Income Tax V. Suzlon Energy Ltd (2020) 121 Taxmann.com 137 (SC…

Tanglin Developments Limited, Bangalore vs. The Deputy Commissioner of Income Tax, Central Circle-1(3), Bangalore

In the result, assessee’s appeals are allowed

ITA 143/BANG/2021[2013-14]Status: DisposedITAT Bangalore31 Jan 2022AY 2013-14

Bench: Shri Chandra Poojari & Shri George George K.

For Appellant: Shri C Ramesh, C.AFor Respondent: Shri Jairam Raipura, CIT(DR OSD)
Section 43A

…M/s.Coffeeday Global Ltd for the A.Ys.2013-14 & 2014-15 in ITA Nos.3040 & 3041/Bang/2018. v) Pr.Commissioner of Income Tax V. Albasta Wholesale Services Ltd (2020) 117 Taxmann.com 166 (SC) vi) DCIT, Circle-13(1), New Delhi V. Nitrex Chemicals India Ltd (2015) 62 Taxmann.com 284 (Delhi-Trib) vii) India Gelatine and Chemicals Ltd V. Assistant Commissioner of Income Tax (2014) 46 Taxmann.com 282 (Gujarat) viii) Shankara Infrastructure Materials Ltd V. Assistant Commissioner of Income Tax, Circle- ore (2021) 130 Taxmann.com 67 (Kar) ix) Pr.Commissioner of Income Tax V. Suzlon Energy Ltd (2020) 121 Taxmann.com 137 (SC…