P.M. Abdul Razak v. Income-tax Officer

63 ITD 398Income Tax Appellate Tribunal1997#7969 most cited

What is P.M. Abdul Razak v. Income-tax Officer authority for?

Stock transfers between different units of a business operating in various states are not considered undisclosed sales for income tax purposes.

14

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2018 to 2023.

Also referred to as

P.M. Abdul Razak v. Income-tax Officer · stock transfer · undisclosed sales · inter-unit transfer · business income · income tax

Judgments citing P.M. Abdul Razak v. Income-tax Officer

M/S. Shree Tirupati Associates, Bhilwara vs. ITO, Bhilwara

ITA 2/JODH/2016[2011-12]Status: DisposedITAT Jodhpur09 Aug 2023AY 2011-12
Section 143(3)Section 30Section 40ASection 40A(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL JODHPUR BENCH, JODHPUR BEFORE: DR. S. SEETHALAKSHMI, JM & SHRI RATHOD KAMLESH JAYANTBHAI, AM M/s Shree Tirupati Vs Income Tax Associates, Officer, 4/28, Mansingh Ka Building, Ward-2, Bhilwara Bhadada Bagh, Bhopal Gunj, Bhilwara (Appellant) (Respondent) PAN NO. ABMFS 4450 P Assessee By Sh. Ajay Moondra-ITP Revenue By Sh. S. M. Joshi, JCIT-DR Date of hearing 12/07/2023 Date of 09/08/2023 Pronouncement O R D E R PER: RATHOD KAMLESH JAYANTBHAI, AM This appeal is filed by assessee and is arising out of the order of the Commissioner of Income-Tax (Appeals), Ajmer dated 05.11.2…

ACIT, Central Circle- 26, New Delhi vs. Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi

The appeal of the revenue is dismissed

ITA 1470/DEL/2018[2015-16]Status: DisposedITAT Delhi06 Sept 2018AY 2015-16

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

ACIT, Central Circle- 26, New Delhi vs. Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi

The appeal of the revenue is dismissed

ITA 1469/DEL/2018[2014-15]Status: DisposedITAT Delhi06 Sept 2018AY 2014-15

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

ACIT, Central Circle- 26, New Delhi vs. Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi

The appeal of the revenue is dismissed

ITA 1467/DEL/2018[2012-13]Status: DisposedITAT Delhi06 Sept 2018AY 2012-13

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

ACIT, Central Circle- 26, New Delhi vs. Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi

The appeal of the revenue is dismissed

ITA 1466/DEL/2018[2011-12]Status: DisposedITAT Delhi06 Sept 2018AY 2011-12

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

ACIT, Central Circle- 26, New Delhi vs. Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi

The appeal of the revenue is dismissed

ITA 1465/DEL/2018[2010-11]Status: DisposedITAT Delhi06 Sept 2018AY 2010-11

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

ACIT, Central Circle- 26, New Delhi vs. Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi

The appeal of the revenue is dismissed

ITA 1464/DEL/2018[2009-10]Status: DisposedITAT Delhi06 Sept 2018AY 2009-10

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1190/DEL/2018[2011-12]Status: DisposedITAT Delhi06 Sept 2018AY 2011-12

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1189/DEL/2018[2010-11]Status: DisposedITAT Delhi06 Sept 2018AY 2010-11

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1186/DEL/2018[2013-14]Status: DisposedITAT Delhi06 Sept 2018AY 2013-14

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1185/DEL/2018[2012-13]Status: DisposedITAT Delhi06 Sept 2018AY 2012-13

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1182/DEL/2018[2009-10]Status: DisposedITAT Delhi06 Sept 2018AY 2009-10

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1181/DEL/2018[2015-16]Status: DisposedITAT Delhi06 Sept 2018AY 2015-16

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…

Gd Foods Manufacturing (India) Pvt. Ltd., New Delhi vs. ACIT, Central Circle- 26, New Delhi

The appeal of the revenue is dismissed

ITA 1180/DEL/2018[2014-15]Status: DisposedITAT Delhi06 Sept 2018AY 2014-15

Bench: Shri Prashant Maharishi & Shri K. N. Chary

For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri Sanjit Singh, CIT DR
Section 132Section 153A

…Income-tax, Central Circle 2(1), Pune v. Intermedia Cable Communication (P.) Ltd [2012] 19 taxmann.com 190 (Pune); g. Jai Pulse Mills v. Income-tax Officer, Ward 3(4), Ahmedabad [2010] 39 SOT 312 (Ahmedabad); h. P.M. Abdul Razak v. Income-tax Officer [1997] 63 ITD 398 (COCH.); i. Gayotri Oil Mills v. Assistant Commissioner of Income- taxBerhampur [2012] 23 taxmann.com 186 (Cuttack - Trib.); j. Assistant Commissioner of Income-tax, Circle-1 v. Ercon Composites [2014] 49 taxmann.com 489 (Jodhpur - Trib.). FACTUAL ANALYSIS Re: Stock transfer is not undisclosed sales Procedure for stock transfer:- Movement of good…