DIABETOMICS MEDICAL PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-8(1), HYDERABAD

transfer by the\nUS соmраnу. This data was arrived after taking into consideration\nof various demand factors and the drug required for meeting this\ndemand in the open market. This estimation was used to arrive at\nthe expected purchases that is going to be made by the foreign\ncompany M/s Diabetomics Inc. USA from the assessee company\nM/s DMPL

DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDERABAD vs. ALPHA VILLAS PRIVATE LIMITED, HYDERABAD

In the result, both the appeals filed by the Revenue are allowed for statistical purposes

Bench: Shri R.K. Panda & Shri K. Narasimha Chary

55(2) (aa) (i) is – “the amount actually paid for acquiring the original financial asset”. There is no dispute, in this case, about the quantum of the amounts paid by the appellant for the acquisition of the shares, in question. The payments for acquisition of these shares were made during the immediately preceding FY 2009-10, relevant

DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDERABAD vs. ALPHA AVENUES PRIVATE LIMITED, HYDERABAD

In the result, both the appeals filed by the Revenue are allowed for statistical purposes

Bench: Shri R.K. Panda & Shri K. Narasimha Chary

55(2) (aa) (i) is – “the amount actually paid for acquiring the original financial asset”. There is no dispute, in this case, about the quantum of the amounts paid by the appellant for the acquisition of the shares, in question. The payments for acquisition of these shares were made during the immediately preceding FY 2009-10, relevant

DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD vs. NCL GREEN HABITATS PRIVATE LIMITED, HYDERABAD

In the result, the appeal of the Revenue is allowed for statistical purposes

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

transfer under clause (via) or clause (vic) or clause (vicb) or clause (vid) or clause (vii) of section 47. Explanation.—For the purposes of this clause, "fair market value" of a property, being shares of a company not being a company in which the public are substantially interested, shall have the meaning assigned to it in the Explanation to clause