THOMSON PRESS (INDIA) LTD. vs. COMMISSIONER OF INCOME TAX-II

33B, in the circumstances and within the period specified in that section; (iii) it is not formed by the transfer to a new business of machinery or plant previously used for any purpose. Explanation : The provisions of Explanation 1 and Explanation 2 to sub-section (2) of section 80-I shall apply for the purposes of clause (iii) of this

THOMSON PRESS (INDIA) LTD. vs. COMMISSIONER OF INCOME TAX-II

33B, in the circumstances and within the period specified in that section; (iii) it is not formed by the transfer to a new business of machinery or plant previously used for any purpose. Explanation : The provisions of Explanation 1 and Explanation 2 to sub-section (2) of section 80-I shall apply for the purposes of clause (iii) of this

THOMSON PRESS (INDIA) LTD vs. COMMISSIONER OF INCOME TAX-II

33B, in the circumstances and within the period specified in that section; (iii) it is not formed by the transfer to a new business of machinery or plant previously used for any purpose. Explanation : The provisions of Explanation 1 and Explanation 2 to sub-section (2) of section 80-I shall apply for the purposes of clause (iii) of this

ACIT, CIRCLE- 4(1), GURGAON vs. LEMON TREE LAND AND DEVELOPERS PVT. LTD., NEW DELHI

In the result, the appeal of the assessee is partly allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Pricing assessment order of the immediately preceding A.Y 2013-14, the ld. CIT(A) held that the market rate to be taken should be 14.55% and directed the Assessing Officer accordingly. 16. Before us, the ld. counsel for the assessee had drawn our attention to the respective agreements with the two parties, namely, Tata Housing Development

LEMON TREE LAND AND DEVELOPERS PVT. LTD.,NEW DELHI vs. DCIT, CIRCLE- 2, GURGAON

In the result, the appeal of the assessee is partly allowed

Bench: Shri N.K. Billaiya & Ms. Astha Chandra

Pricing assessment order of the immediately preceding A.Y 2013-14, the ld. CIT(A) held that the market rate to be taken should be 14.55% and directed the Assessing Officer accordingly. 16. Before us, the ld. counsel for the assessee had drawn our attention to the respective agreements with the two parties, namely, Tata Housing Development

COMMISSIONER OF INCOME TAX DEL-III vs. UNIPATCH RUBBER LTD

Appeal is dismissed

33B, in the circumstances and within the period specified in that section : Provided further that the condition in clause (iii) shall, in relation to a small-scale industrial undertaking, apply as if the words “not being any article or thing specified in the list in the Eleventh Schedule” had been omitted. Explanation 1.—For the purposes of clause

PINE PACKAGING PRIVATE LIMITED

33B, in the circumstances and within the period specified in that section ; (ii) it is not formed by the transfer to a new business of machinery or plant previously used for any purpose. Explanation.—The provisions of Explanations 1 and 2 to sub-section (3) of section 80-IA shall apply for the purposes of clause (ii) of this

ITO, WARD- 44(2), NEW DELHI vs. THREEPENCE CRAFT , NEW DELHI

In the result, the appeal of the assessee in ITA 2234/Del/2015\nis allowed and the appeal of the assessee in ITA 5410/Del/2019 and\nappeal of the Revenue in ITA 5995/Del/2019 are dismissed as\ninfr...

transfer pricing adjustment. The Id.\nPCIT issued a show cause notice dated 29-05-2018\nobserving that the assessment proceedings for the A.Υ.\n2014-15 transpired that the assessee had received\nGovernment grants in the year under consideration also,\nwhich were taxable, but taken as capital receipt in the\ncomputation of total income. On the basis of a reference