103 results for “penalty u/s 271”+ Short Term Capital Gainsclear
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Bench: The Tribunal Was Arising From The Order Dated 4Th June 2004 Passed By The Commissioner Of Income Tax (Appeals) Bangalore (For Short “The
short, was that during the financial year 1997-98, M/s.Kotak Mahindra introduced Bellary Steel to them and requested to finance by way of leasing rolls for which they would be eligible for 100% depreciation. The assessee was also informed that several other leasing companies and financial institutions had leased rolls and equipments to Bellary Steel. The assessee was also given