JCIT(OSD), CIR-3(1)(2), AHMEDABAD vs. RECKITT BENCKISER HEALTHCARE (INDIA) LTD, HARYANA
In the result, appeal of the Revenue is dismissed
ITA 1225/AHD/2018[2011-12]Status: DisposedITAT Ahmedabad18 Feb 2025AY 2011-12
Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra Kamble
For Appellant: Shri Dhinal Shah, ARFor Respondent: Shri V. Nand Kumar, CIT-DR
Section 115JSection 143(3)Section 2Section 250Section 391Section 45
47,75,048 (share capital of Rs.9,05,15,220plus free reserves of Rs. 128,42,59,828) for the year ended 31 March 2011. As against these owned funds, investment yielding exempt income amounted to only Rs.37,54,06,040. • That RBHIL had generated net cash from its operating activities amounting to Rs. 104,15,44,432 whereas additional