BHARAT SANCHAR NIGAM LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, assessee’s appeal is allowed to the extent as mentioned above on the preliminary issue and the departmental appeal is dismissed

Bench: Smt Diva Singh & Sh.J.S.Reddyi.T.A .No.-3304/Del/2010 (Assessment Year-2004-05) Bharat Sanchar Nigam Ltd., Vs Dcit, Corporate Office, Taxation Section, Circle-2(1), Room No.-398, First Floor, Bharat Sanchar Bhawan, C.R.Building, I.P.Estate, Janpath, New Delhi-1110001. New Delhi Pan-Aabcb5576G (Appellant) (Respondent)

68,000 3. Interest from others 11,79,09,000 4. Liquidated Damages 76,71,90,000 5. Excess provision written back 1686,63,72,000 6. Others including sale of directories, 142,90,32,000 publications, forms, waste paper, etc. 6.2. Not convinced with the explanation offered the additions were made in the computation of income made under

DCIT, NEW DELHI vs. M/S. BHARAT SANCHAR NIGAM LTD., NEW DELHI

In the result, assessee’s appeal is allowed to the extent as mentioned above on the preliminary issue and the departmental appeal is dismissed

Bench: Smt Diva Singh & Sh.J.S.Reddyi.T.A .No.-3304/Del/2010 (Assessment Year-2004-05) Bharat Sanchar Nigam Ltd., Vs Dcit, Corporate Office, Taxation Section, Circle-2(1), Room No.-398, First Floor, Bharat Sanchar Bhawan, C.R.Building, I.P.Estate, Janpath, New Delhi-1110001. New Delhi Pan-Aabcb5576G (Appellant) (Respondent)

68,000 3. Interest from others 11,79,09,000 4. Liquidated Damages 76,71,90,000 5. Excess provision written back 1686,63,72,000 6. Others including sale of directories, 142,90,32,000 publications, forms, waste paper, etc. 6.2. Not convinced with the explanation offered the additions were made in the computation of income made under

PR. COMMISSIONER OF INCOME TAX-6 vs. MANUPATRA INFORMATION SOLUTION

The appeal is disposed of declaring the law as above and setting aside

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

68. The decision would be relevant in the Indian context if Section 52(1)(a) of the Copyright Act, 1957 is under focus and would have no persuasive value qua the interpretation of Section 52(1)(i), because the concept of fair dealing is inbuilt in the statute in the United Kingdom concerning photocopying for purposes of research

LANDSKY REAL ESTATES P.LTD,NEW DELHI vs. ITO, WARD-15(1), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO WARD - 13(3), NEW DELHI vs. JINGLE BELLS ALUMINIUM PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

JINGLE BELLS ALUMINIUM,NEW DELHI vs. ITO WARD - 13(3), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, NEW DELHI vs. M/S ANGEL CEMENT PVT. LTD.,, GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, NEW DELHI vs. M/S. SUPREME PLACEMENT SERVICES PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, NEW DELHI vs. M/S STYLISH CONSTRUCTION PVT. LTD.,, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

KASPER INFORMATION TECHNOLOGY P.LTD,NEW DELHI vs. ITO, WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ACIT, NEW DELHI vs. M/S. SUR BUILDCON PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, WARD-7(1), NEW DELHI vs. DELIGHT RESORTS P.LTD, GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, NEW DELHI vs. M/S. SINTEX CONSUMERS ELECTRONICS PVT. LTD., DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, NEW DELHI vs. M/S. SUNLIGHT TOUR AND TRAVELS PVT. LTD., SAHIBABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

M/S GLOBUS REAL INFRA PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, NEW DELHI vs. M/S. SUKHNA STEEL PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ACIT, NEW DELHI vs. M/S. STAR LIGHT CONSUMER ELECTRONICS PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1

ITO, WARD-7(1), NEW DELHI vs. DELIGHT RESORTS P.LTD, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

37,70,00,000 D R 4. Jawahar Credit & Holdings Pvt. 2012-13 143(3) Ltd. 73,50,00,000 D R - Share Capital – section 68 1