M/S. Bharat Bijlee Limited, Mumbai Vs. the Assistant Commissioner of Income Tax, Circle 6(1), Mumbai and Others

Decided On : Mar-05-2014

Court : Mumbai

LAW: the Income Tax Act, Second Amendment Agreement, the Companies Act, the Escrow Agreement, the Escrow Agreement as Escrow Funds Part B, the Settlement Agreement, the Settlement Agreement, section 2(42C, the Settlement Agreement, the Acquisition Agreement, the Settlement Agreement, the Settlement Agreement, section 2(42C

PERSON: S.J. Vazifdar, Assessing Officer, Schedule AA 1.9, Schedule AA 1.10, Maintenance Contracts, Maintenance Contracts, Schedule AA 4.2, Rs.500,000/-, Refer Note 4, Suresh Kumar, Suresh Kumar, Suresh Kumar, Suresh Kumar, J.

CARDINAL: 1, No.2, 2., 31.05.2004, 391, 394, 1.10, 1.55, 4.1, Ninety-five million, five hundred thousand, 1.10, Forty-seven million, seven hundred and five thousand, 1.55, 33,425,000, thirty-three million, four hundred and twenty-five thousand, ten, 4.1, 3., 4, 31.05.2004, 4.1, 4.2, Three Hundred and Thirty Million, 2.8, Thirteen Million, 4., 394, 17.12.2004, 01.04.2004, 29.08.2005, 3, three hundred and sixty-five million, 365,000,000, 24,750,000, 5, 21.10.2005, 6., 4, 31.12.2007, 8, 29, 18.09.2007, 01.04.2004, 10, 29.08.2005, 29.08.2005, 9, 10, 11, 12, 25.07.2008, 11.03.2011, 13, No.1, 14, One, transferee, 15, 16, 22.08.2012, 17, 18, transferee, 19, 346, 528, one, 20, 21

ORG: Income Tax, the Income Tax, Income Tax, Tiger Elevator Private Limited, Kone Elevator India Private Limited, Court, TEPL, Clauses 1.9, under:-  œ1.9 œBonds A, the Scheme of Arrangement, the Scheme of Arrangement, BBL, the Scheme of Arrangement, Bonds, the 3rd Adjustment, the 4th Adjustment, the 5th Adjustment, the 6th Adjustment, CONSIDERATION Clause 4, Bonds, the 3rd Adjustment, the 4th Adjustment, the 5th Adjustment, the 6th Adjustment, the Annual Value at the Appointed Date, the Annual Value at the Appointed Date, Rs.13,086,000/-, the New Elevator Sales, the New Elevator Business Turnover, Tiger Elevator Private Limited, Company Petition No.832, Court, BBL, Indian Rupees, INR 247,500,000, BBL, The Escrow Funds, Annexure œC, the Escrow Funds, INR 35,000,000, Lift Field Operations Business, Elevator Field Operations Division, Slump Sale, Rs.15.50, EC, AO, the Additional CIT, High Court, AO, AO, NHB, Rs.15.50, EFO, AO, EFO, EFO, Court, EFO, the Settlement Deed, Rs.64.00, AO, AO, AO, AO, AO, AO, the CIT (Appeals, the Income Tax Appellate Tribunal, Tribunal, Associates, Associates, AO, Associates, AO, AO, AO, AO, AO, RaboIndia Finance Limited, CIT, Court, Rabobank International, Assessing, AO

DATE: 1961, 12.10.2012, 13.08.2004, annual, the 12 month period ending at, March 31, 2004, 2004, 2004, 1956, 28.10.2005, the assessment year, 2005-2006, six months, 09.08.2007, 21.08.2007, 28.09.2007, 19.09.2007, 28.09.2007, 23.12.2004, 30.11.2007, 05.12.2007, 20.12.2007, 14.12.2007, the previous year 2005-2006, the assessment year, 2005-2006, 31.12.2007, 13.03.2012, four years, 22.08.2012, 22.08.2012, 26.09.2012, 22.08.2012, the year, 12.10.2012, 22.08.2012, 22.08.2012, 2012

GPE: Rs.47,750,000/-, Undertaking, Undertaking, ROC, Undertaking, Rs.36.50, Rs.36.50, Rs.36.50

MONEY: Three Hundred Seventeen Million Five Hundred Twenty Thousand, 0.0257548 x New Elevator Sales

EVENT: the Appointed Date

NORP: Escrow, Escrow

WORK_OF_ART: The Valuation Of The Total Consideration

TIME: 11:30 AM

ORDINAL: second, sixth, second, sixth, Rs.8.25, Firstly