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2 results for “bogus purchases”+ Section 80Iclear

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Delhi7Chandigarh2Cochin2Mumbai2Ahmedabad1Indore1Kolkata1

Key Topics

Section 80I4Section 153A4Section 271(1)(c)2Section 132(1)2Deduction2

ASST CIT (LTU) 2, MUMBAI vs. RELIANCE INDUSTRIES LTD, MUMBAI

ITA 1547/MUM/2016[2010-11]Status: DisposedITAT Mumbai28 Sept 2018AY 2010-11

Bench: S/Shri B.R.Baskaran (Am) & Amarjit Singh (Jm)

Section 43B

bogus nor it was shown that the apparent is not real. It was also not shown that the unrelated share applicant has been paid any interest for the period commencing from date of subscription to the date of allotment of shares. It has been held that the amendment made by Finance Act 2012 including capital financing transactions as international transactions

A.C.I.T. CENTRAL CIRCLE-20, MUMBAI vs. ANKUR DRUGS & PHARMA LTD., MUMBAI

In the result appeal of the Revenue in I

ITA 7529/MUM/2011[2006-07]Status: DisposedITAT Mumbai27 Feb 2018AY 2006-07

Bench: Shri Joginder Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No. 7529/Mum/2011 (नििाारण वर्ा / Assessment Year: 2006-07)

Shri. Vijay Mehta
For Appellant:
For Respondent: Shri. R.P Meena, CIT DR
Section 132(1)Section 139(1)Section 153ASection 271(1)(c)Section 80I

purchased the raw materials and manufactured the goods using the manufacturing facility of M/s. Vaibhav Healthcare P. Ltd. (Vaibhav). The appellant and Vaibhav has entered into Manufacturing Agreement on 17.6.2005. From the agreement it is seen that the appellant has manufactured its pharma products using the manufacturing facility of Vaibhav. It is also mentioned in the agreement that ADPL shall