Cit Vs. Madhya Pradesh Audyogik Vikas Nigam Ltd.

Decided On : Nov-07-2003

Court : Madhya Pradesh

LAW: section 260A, the Income Tax Act, section 80M of the Income Tax Act, section 250, section 80M of the Act, section 36(1)(viii, section 80M of the Act, section 80M of the Act, section 80M, section 80M of the Act, the Companies Act, the Companies Act, section 10;(e, section 80M Where, section 80M, Chapter, section 139.'8, section 80B(5, section 80, section 80M of the Act, section 80M of the Income Tax Act, section 80M of the Income Tax Act, section 80A(2, the Income Tax Act, section 80M @, the Division Bench, section 80M, section 80M, section 80M of the Income Tax Act, section 80A(2, the Income Tax Act, section 80M, section 80M, section 80M, section 80M, section 80AA, section 80M, section 36(1, section 5, Chapter VIA of the Act, section 80M, section 80M, section 80M, section 19, section 21, section 18, Section 80M, the Income Tax Act, chapter VI-A, Section 80M, section 80M, section 80, section 80M., section 80M, section 80, section 20, section 80M of the Act, section 80M, section 80, section 80, section 80M, section 36(1)(viii).18, section 80AA, section 80M, chapter 6A of the Act

ORG: ORDERDipak Misra, the Income Tax Appellate Tribunal, M.P. Audyogik Vikas Nigam Limited, Act, the Commissioner (Appeals, Commissioner (Appeals, the Income Tax Appellate Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Act, Tribunal, Union of India, Tribunal, Tribunal, CIT, M.P. Audyogik Vikas Nigam Ltd., CIT v. Himachal Pradesh, CIT v. General Insurance Corpn, ExplanationFor, off.2, Board, General Insurance Corpn, Bombay High Court, CIT, Bhoruka Investments, ITR, CIT v. Maganlal Chhaganlal, P.) Ltd., ITR, the Supreme Court in Distributors (Baroda) P. Ltd., Union of India, The High Court, CIT v. Chemical Holdings Ltd., M.P. Audyogik Vikas Nigam Ltd., Act, CIT, Bihar Stale Financial Corporation, Tribunal, CIT v. Central bank of India, the High Court, CIT v. Maganlal Chhaganlal, a Banking Company, Court, Chapter VI-A, the Bombay High Court, Maganlal Chhaganlal, P) Ltd., CIT, United Collieries Ltd., the Calcutta High Court, High Court, Metal Box Co., India Ltd., CIT, & Mfg. Co. Ltd., Duncan Bros. & Co. Ltd., CIT, CIT, Tribunal

DATE: 1961, 1961, the assessment year 1989-90, 29-12-1989, the assessment year 1991-92, the assessment year 1989-90, year 1991-92.3, the years, the assessment year 1989-90, the assessment year 1991-92, the year 1991-92.4, 14, 28, 57, 1985, 1201, 1989, 1772, 1956, 1956, less than five years, any previous year, any previous year, previous year, 1961, 1961, 1961, 10,000'.10, 1992, 1961, 1961, 1999, '16, 37, '17, 1956

QUANTITY: 20-2-1992

CARDINAL: 31-12-1991, 31-3-1994, 1,1, 32,96,000, 19,77,600, 27-10-1994, 3-5-2000, 80AA, 155, 178, 1, 2002]254ITR203(Bom, 1, 1, 1956);(d, 23, 80AA, 1, 1, 58, 15-4-1971, 11, 20,000Income, 20,000, 12,000, 1, 2, 204)11, 198, 20,000, 10,000, 10,000, 20,000, 12,000, 10,000, 737)12, 236, 1985]155ITR120(SC, 458)13, 2001]249ITR540(Mad, 542)14, 1983]142ITR518(Patna, 178)15, 1999]236ITR456(Bom, as under:'Section 18, 30, 1993]203ITR857(Cal, 1969)ILLJ785SC, 1953]24ITR499(Bom, 1978]111ITR885(Cal, 1979]118ITR857(Cal, 15-4-1971

PERCENT: 60%, 40%, 60%, 60%, 40%, 40%

ORDINAL: first, first

PERSON: Rohit Arya, G.N. Purohit, Bench, Century Spg, Eyre Smelting, Arya

GPE: India, India, India, India, India, Bombay

MONEY: forty per cent, 60 per cent

WORK_OF_ART: Their Workmen : (