COMMISSIONER OF INCOME TAX CENTRAL I vs. SAIN PROCESSSING & WEAVING MILLS P.LTD.

In the result, the appeal is dismissed

disallowed the deduction claimed on account of current year depreciation amounting to Rs 16,47,417/- while, calculating „book profit‟ under Section 115J

CIT vs. GOETZE (INDIA) LTD

disallowed though the respondent-assessee had earned dividend income of Rs.157.85 lacs, which was exempt under Section 10(33) of the Act. 2013:DHC:6339-DB ITA Nos. 1179/2010, 1366/2010, 1979/2010 & 2106/2010 Page 4 of 40 4. Consequently, the Assessing Officer vide order dated 5th January, 2005 passed an order giving effect to the order passed by the Commissioner under

CIT vs. FEDERAL MOGUL GOETZE INDIA LTD

disallowed though the respondent-assessee had earned dividend income of. Rs.157.85 lacs, which was exempt under Section 10(33) of theAct. 2013:DHC:7798-DB 4. Consequently, the Assessing Officer vide order dated S"' ,Januai7,2005 passed an order giving effect to the order passed by the Commissioner under Secion 263 of the Act. Tiie respondent-assessee preferred an appeal

CIT vs. FEDERAL-LOGUL GOETZE (INDIA) LTD

disallowed though the respondent-assessee had earned dividend income of. Rs.157.85 lacs, which was exempt under Section 10(33) of theAct. 2013:DHC:7798-DB 4. Consequently, the Assessing Officer vide order dated S"' ,Januai7,2005 passed an order giving effect to the order passed by the Commissioner under Secion 263 of the Act. Tiie respondent-assessee preferred an appeal