THE DCIT (INT.TAXAN) CIRCLE,, KOCHI vs. SHRI.K.E.FAIZAL C/O BMR ASSOCIATES, , MUMBAI

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

dividend. If as a matter of fact, the Legislature had contemplated making the unit as also a deemed share, then it would have stated so. In the absence of any such specific deeming in regards to units as shares, it would be erroneous to extend the provisions of Section 32(3) of units of UTI for the purpose of holding

ARYACON CONTRACTORS AND ENGINEERS PVT LTD,PERUMBAVOOR vs. ASSISTANT COMMISSIONER OF INCOME TAX , CIRCLE-1, ALUVA

In the result, appeal filed by the assessee is partly allowed for statistical purposes