DCIT, CIR.4(2),, AHMEDABAD vs. LALITBHAI JAYANTIBHAI PATEL, AHMEDABAD

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

4 of the "Banakhat in which it is agreed upon that the vendor of the property will provide title clearance certificate and till that date, the period of this Banakhat will be extended automatically. The A. O has considered one condition of the Banakhat but it seems that the condition mentioned in para 11 that till the title clearance certificate

SUN PHARMA LABORATORIES LTD.,,MUMBAI vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1),, BARODA

In the result, the Department’s appeal is partly allowed

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

House, Western Express Highway, Goregaon East, Mumbai-400063. PAN: AACCS6163P (Appellant) (Respondent) Assessee Represented: Shri SN Soparka, Sr.Advocate with Shri Parin Shah, AR Revenue Represented: Dr.Darsi Suman Ratnam, CIT-DR Date of hearing : 25-07-2024 Date of pronouncement : 09-10-2024 आदेश/ORDER PER T.R SENTHIL KUMAR, JUDICIAL MEMBER:- These cross appeals are filed by the Assessee

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1),, BARODA vs. M/S. SUN PHARMA LABORATORIES LTD.,, MUMBAI

In the result, the Department’s appeal is partly allowed

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

House, Western Express Highway, Goregaon East, Mumbai-400063. PAN: AACCS6163P (Appellant) (Respondent) Assessee Represented: Shri SN Soparka, Sr.Advocate with Shri Parin Shah, AR Revenue Represented: Dr.Darsi Suman Ratnam, CIT-DR Date of hearing : 25-07-2024 Date of pronouncement : 09-10-2024 आदेश/ORDER PER T.R SENTHIL KUMAR, JUDICIAL MEMBER:- These cross appeals are filed by the Assessee

BHANUPRASAD MAGANLAL PATEL,AHMEDABAD vs. ACIT, CIRCLE-3(3), AHMEDABAD

In the result, the appeal filed by the Assessee is hereby dismissed

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

255) wherein it is held that no single fact or circumstances has decisive significance and it is totality of the relevant factors and circumstances that has to be take into account for the purpose of determining the true nature of the transaction. The A.O. has applied in the present case only the test of motive or intention but incorrectly

THE DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD vs. M/S. CADILA PHARMACEUTICALS LTD. , AHMEDABAD

In the result, appeals of the Revenue are dismissed and that of the assessee are allowed for statistical purposes

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

properties are analysed and tested in the form of trial batch, pilot batch, scale up batch, exhibit batch etc. to achieve the complete R&D result. Considering the nature of the activity, it is clear that the analytical and testing expenditure are in form of research and development expenditure and are hence eligible for weighted deduction under section

THE DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD vs. M/S. CADILA PHARMACEUTICALS LTD. , AHMEDABAD

In the result, appeals of the Revenue are dismissed and that of the assessee are allowed for statistical purposes

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

properties are analysed and tested in the form of trial batch, pilot batch, scale up batch, exhibit batch etc. to achieve the complete R&D result. Considering the nature of the activity, it is clear that the analytical and testing expenditure are in form of research and development expenditure and are hence eligible for weighted deduction under section

CADILA PHARMACEUTICALS LTD. ,AHMEDABAD vs. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD

In the result, appeals of the Revenue are dismissed and that of the assessee are allowed for statistical purposes

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

properties are analysed and tested in the form of trial batch, pilot batch, scale up batch, exhibit batch etc. to achieve the complete R&D result. Considering the nature of the activity, it is clear that the analytical and testing expenditure are in form of research and development expenditure and are hence eligible for weighted deduction under section

CADILA PHARMACEUTICALS LTD. ,AHMEDABAD vs. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD

In the result, appeals of the Revenue are dismissed and that of the assessee are allowed for statistical purposes

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

properties are analysed and tested in the form of trial batch, pilot batch, scale up batch, exhibit batch etc. to achieve the complete R&D result. Considering the nature of the activity, it is clear that the analytical and testing expenditure are in form of research and development expenditure and are hence eligible for weighted deduction under section