THE ACIT, CIRCLE-4(1)(2),, AHMEDABAD vs. M/S. TORRENT POWER LTD.,, AHMEDABAD

80I of the Act but the principles laid down therein can also be adopted to the provisions of section 80-IA of the Act. In view of the above, we do not find any infirmity in the order of learned CIT (A). Hence the issue raised by the Revenue is dismissed. 14.1 Before us, no material has been placed

THE ACIT, CIRCLE-4(1)(2),, AHMEDABAD vs. M/S. TORRENT POWER LIMITED, AHMEDABAD

80I of the Act but the principles laid down therein can also be adopted to the provisions of section 80-IA of the Act. In view of the above, we do not find any infirmity in the order of learned CIT (A). Hence the issue raised by the Revenue is dismissed. 14.1 Before us, no material has been placed

THE ACIT, CIRCLE-5,, AHMEDABAD vs. M/S. NIRMA LIMITED,, AHMEDABAD

In the result appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 1187 & 896/Ahd/2013 िनधा"रण वष"/Asstt. Years: 2000-2001 & 2004-2005 Nirma Limited, A.C.I.T., Nirma House, Vs. Circle-5, Ashram Road, Ahmedabad. Ahmedabad.

capital gain. But such profit is on the investments held under the business. Furthermore, the same income has already been excluded from business income in the computation of income. Therefore the same cannot be excluded while calculating the deduction under section 80HHC of the Act. j. The amount of ₹27.72 lakhs, 15.56 Lacs and 4.44 lakhs represents the lease rent

NIRMA LIMITED,AHMEDABAD vs. THE DY CIT, CIRCLE-5,, AHMEDABAD

In the result appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 1187 & 896/Ahd/2013 िनधा"रण वष"/Asstt. Years: 2000-2001 & 2004-2005 Nirma Limited, A.C.I.T., Nirma House, Vs. Circle-5, Ashram Road, Ahmedabad. Ahmedabad.

capital gain. But such profit is on the investments held under the business. Furthermore, the same income has already been excluded from business income in the computation of income. Therefore the same cannot be excluded while calculating the deduction under section 80HHC of the Act. j. The amount of ₹27.72 lakhs, 15.56 Lacs and 4.44 lakhs represents the lease rent

TORRENT POWER LTD.,,AHMEDABAD vs. THE ACIT.,RANGE-8,, AHMEDABAD

In the result cross objection filed by the assessee is partly allowed for statistical purposes

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

capital in nature, then the assessee should not be allowed as deduction under section 80 IA of the Act and vice-versa as per the provisions of law. Hence the issue raised by the assessee is allowed for the statistical purposes. Streetlight maintenance ITA nos.1577/AHD/2015 with 8 others Asstt. Years 2006-07 & others 28 33. The assessee during the assessment

RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,,AHMEDABAD vs. THE ADDL.CIT., RANGE-5,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,,AHMEDABAD vs. THE DY.CIT., CIRCLE-5,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,,AHMEDABAD vs. THE DY.CIT., CIRCLE-5,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,,AHMEDABAD vs. THE JT.CIT.,(OSD)CIRCLE-5,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

THE ACIT, CIRCLE-5,, AHMEDABAD vs. RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD,,AHMEDABAD vs. THE ACIT, CIRCLE-5,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

THE ACIT, CIRCLE-5,, AHMEDABAD vs. M/S. RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD.,,AHMEDABAD vs. THE ACIT, CIRCLE-3(1)(2),, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

THE ACIT, CIRCLE-5,, AHMEDABAD vs. M/S. RAJKAMAL BUILDER INFRASTRUCTURE PVT. LTD,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

THE DCIT, CIRCLE-3(1)(2),, AHMEDABAD vs. M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD.,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD.,,AHMEDABAD vs. THE ACIT., CIRCLE-3(1)(2),, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD.,,AHMEDABAD vs. THE ACIT., CIRCLE-3(1)(2),, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD.,,AHMEDABAD vs. THE ACIT, CIRCLE-3(1)(2),, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this

M/S. RAJKAMAL BUILDERS INFRASTRUCTURE PVT. LTD,,AHMEDABAD vs. THE ACIT, CIRCLE-5,, AHMEDABAD

In the result this ground of appeal preferred by the assessee is allowed

Bench: Shri (Dr.) Arjun Lal Saini & Ms. Madhumita Roy

capital, reserves & surplus, secured & unsecured loans, which as per the Balance Sheet is of Rs.28,99,17,693/- raised by the assessee for the year under consideration. The assessee has to use and invest heavily in purchasing own plant & machinery equipments etc. in order to qualify for bid for tender and carry out the development of various projects. In this