M/S KHODAY INDIA LTD vs. THE ASSISTANT COMMISSIONER OF INCOME-TAX
In the result, the orders passed by the Assessing
ITA/391/2012HC Karnataka16 Aug 2021
Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR
Section 10Section 143(3)Section 14ASection 260Section 260ASection 36(1)(va)
112 TAXMANN.COM 322 (SC), 'CIT VS.
MICROLABS LTD.', (2017) 79 TAXMANN.COM 368
(KAR.), 'CIT VS. RELIANCE UTILITIES & POWER
LTD.', (2009) 178 TAXMAN 135 (BOM.) and 'CIT
VS. HDFC BANK LTD.', (2014) 49 TAXMANN.COM
355 (BOM.).
5.
On the other hand, learned counsel for the
revenue
submitted
that
condition
for
recording
satisfaction as prescribed under Section