Bench: Smt. Diva Singh & Dr. B.R.R. Kumar
capital is of Rs. 2.57 Crores and the reserves and surplus are to the tune of Rs. 115.35 Crores. Hence, placing reliance on the decision of the Hon’ble jurisdictional High Court in the case of Bright Enterprises Private Ltd. ITA number 224 of 2013 dated 24/07/2015, and judgment in the case of a CIT Vs. Omax bikes limited