JOINT COMMISSIONER OF INCOME TAX (OSD) CIRCLE-3, FEROZEPUR vs. MEASAGE OM SONS MARKETING PRIVATE LIMITED, FARIDKOT
In the result, the appeal of the revenue bearing ITA No
ITA 407/ASR/2019[2015-16]Status: DisposedITAT Amritsar07 Jul 2023AY 2015-16
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 143(3)Section 250(6)Section 37(1)Section 56(2)(viib)
section
56(2)(viib).”
I.T.A. No.407/Asr/2019
10
Assessment Year: 2015-16
b)
Rameshwaram Strong Glass P Ltd. Vs ITO in ITA No. 172 ITD 571
(Jaipur Bench) dated 12.07.2018
“If assessee exercises option to value its shares by choosing particular valuation method specifically provided by law, then changing such method or adopting different method would be beyond powers of revenue