income-tax Officer Vs. P.N.B. Finance Ltd.

Decided On : Dec-29-1982

Court : Income Tax Appellate Tribunal ITAT Delhi

LAW: Section 5(b, the Banking Regulation Act, Section 6(i, Section 101, the Companies Act, Section 2(22, Section 194, Section 194A, the Companies Act, Section 36(1)(7, Section 37, Rule 1 of the Code of Civil Procedure, Section 194, Section 2(22, Section 194A., Section 37.13, Section 194, Section 2(22, Section 194, Section 2(22, Section 36(1)(iii, Section 37, Section 23 of the Act, Section 36(1)(iii, Section 37, Section 10(2)(xv, Section 37(1, the Land Acquisition Act, Section 10(2)(xv, Section 41(1, Section 57, Section 2(22, Section 200, Rule 30, Section 201(1A, Section 2(22)(d, Section 201, Section 2(22)(d, Section 201, Section 2(22)(d, Explanation 11 to Section 2(22, Section 2(22, Section 2(22)(d, Section 36(1)(iii, Section 37, Section 28(i, Section 194A, Section 36(1)07, Section 37, Section 37, Section 28(i

CARDINAL: 1, 4, 19, 19-7-1969, 10.20, 10.20, 8.20, 38, 28, 30-4-1973, 29-6-1973, 38, 19-4-1973, 38, 40, 38, 15-6-1973, 28, 25, 11,98,711.50, 10, 40, 15-11, 12, 20,00,000, 15-1-1974, two, 40, 6.90, 30, 10, 33.10, 6.90, 33.10, 40, 80, 6.90, 80, 33.10, 40, 30-1-1974, 30, 80, 9,58,969.20, 13, 12, 80, 80, 1965, 56, 1968, 67, 100, 103, 80, 9,58,969.9, 11,98,711.5, 40, 6.90, 82,71,109, 14,00,056, 76.10, 18, 40, 12-3-1974, 6.90, 1,24,110, 6.90, 8,56,359, 27, 22, 22, 30, 10, 6.90, 6.90, 6.90, 17, 37, 6.90, 6.90, 40, 21, 15, 40, 6.90, 80, 5, 40, 15-11-1973, 30-1-1974, 80, 12, 13, 2.6, 2.6, 40, 40, 6.90, 37, one, 2.7, 12, two, 5, 40, 15-11-1973, 30-1-1974, 80, 40, II, 0.80, 0.80, 23, 23, 6.90, 30-1-1974, 82, 68, 37, 21, 1959, 37, 73, 119, 20, 6.90, 6.90, 21, 40, 11,98,771.5, two, 27-3-1979, 7, 24, 68,55,866, 23-6-1975, 40, 40, 27, 1965, 57, 30, 8.20, 10.20, 8.20, 8.20, 8.20, 8.20, 40, 6.90, 30, 15-11-1973, 0.80, 40, 30, 80, 12, 13, 80, 1210, 25, 80, 40, 40, 80, 40, 40, 30, 80, 13, 80

ORG: 'Punjab National Bank Ltd.', Incorporation, the Banking Companies (Acquisition, Transfer of Undertakings, the Punjab National Bank Ltd., Punjab National Bank, the Banking Companies (Acquisition and Transfer of Undertakings, the Punjab National Bank Ltd., the Reserve Bank of India, Memorandum of Association, inter alia, the High Court, High Court, Court, Court, the Punjab National Bank Ltd., the High Court, the High Court, the Punjab National Bank Ltd., the Delhi High Court, The Punjab National Bank Limited Registered Office, Connaught Place, Circular, Notices, the Central Board of Direct Taxes, the Central Board of Direct Taxes, the Central Board of Direct Taxes, Life Insurance Corporation of India, Unit Trust of India, LIC, the Central Board of Direct Taxes, be.8, the High Court, The Life Insurance Corporation of India, LIC, the Unit Trust of India, the Punjab National Bank Ltd., Life Insurance Corporation of India, Unit Trust of, Life Insurance Corporation of India, Life Insurance Corporation of India, Bombay Steam Navigation Co., P.) Ltd., CIT, SC, CIT v. Rohtas Industries Ltd., ITR, ITO, ITO, ITO, ITO, ITO, ITO, LIC, LIC, LIC, LIC, LIC, LIC, the High Court, the High Court, LIC, The Times of India, the Punjab National Bank Ltd., LIC, the Punjab National Bank Ltd., Life Insurance Corporation of India, p.a, the Commissioner (Appeals, the Punjab National Bank Ltd., LIC, LIC, UTI, the High Court, the High Court, Reliance, Bombay Steam Navigation Co.'s, Rohtas Industries Ltd.'s, Life Insurance Corporation of India, the Commissioner (Appeals, LIC, Unit Trust of India, the High Court, the Delhi High Court, ITO, ITO, the Commissioner (Appeals, Commissioner (Appeals, ITO, ITO, Government, the Punjab National Bank Ltd., LIC, the High Court, the High Court, the Commissioner (Appeals, the Commissioner (Appeals, the High Court, the Punjab National Bank Ltd., LIC, Calcutta Co. Ltd., CIT, SC, Bombay Steam Navigation Co.'s, Rohtas Industries Ltd.'s, Metal Box Co., India Ltd., SC, CIT, Nirmal Kumar Bose &amp, the Commissioner (Appeals, the Commissioner (Appeals, Eastern Investments Ltd., SC, ITO, the Commissioner (Appeals, ITO, Tribunal, ITO, the Hon'ble Delhi High Court, CM, the High Court, Court, ITO, ITO, ITO, AAC, AAC, AAC, ITO, Tribunal, AAC, ITO, Tribunal, ITO, Tribunal, Justice, the Supreme Court, Punjab Distilling Industries Ltd., CIT, Tribunal, Tribunal, the general reserve, Tribunal, the general reserve, Tribunal, Tribunal, Punjab National Bank Ltd., Tribunal, Tribunal, the Punjab National Bank Ltd., Bombay Steam Navigation Co.'s, Rohtas Industries Ltd's, the Commissioner (Appeals, the Commissioner (Appeals, LIC, UTI, the Punjab National Bank Ltd., the High Court, the High Court, Bombay Steam Navigation Co.'s, Rohtas Industries Ltd.'s, Eastern Investments Ltd.'s, the Commissioner (Appeals, ITO

GPE: Delhi, New Delhi.2, India, Delhi, New Delhi, C.P., Delhi, Haryana, New Delhi, India, Delhi, Delhi, Delhi, Bombay, p.a., p.a., question.12, India, Delhi, Delhi, Bros., Delhi, Delhi, Delhi, India

PERSON: Haryana, No.12, Pat, I., Pat, Delhi Bench ', T.P.S. Chawla, V.S. Sundaram

DATE: that very day, 1970, 1949, the year 1972, 7-7-1973, the year 1972, the year 1972, 1972, 1956, annual, 25-9-1973, 28th February, 1973, 19th April, 1973, 11th January, 1974, 30th January, 1974, 30th January, 1974, 28th February, 1973, 1961, 12th December, 1973, the year ended 31-12-1973, 1961, 9,13,007, the previous year, 1953, 13 2-1974, 4,52,344, the year ended 31-12-1974, 1975, 36, 28th February, 1973, 19th April, 1973, 5th June, 1973, 1961, 1961, one year, less than two years, February 1975, 21-4-1975, 27th January, 1975, the year ended 31st December, 1974, 1st April, 1974 to 30th June, 1974, 1st July, 1974, October, 1974, November, 1974, the previous year, 4,52,344, 4,52,344, 37, 4,52,344, 21-4-1975, 5th July, 1973, January, 1974, 1961, 1961, 4,52,344, 4,52,344, 4,52,344, 4,52,344, 1969, 1979, 3222, 1976-77, 3933, 1976-77, 1-5-1975, 1962, 1975, 30-5-1975, 1696, 1977-78, 31-12-1973, the assessment year 1970-71, 4,52,344, 4,52,344, the year ended 31-12-1973, the year 1973, the year 1973, the year 1973, only 13 days, this year

TIME: 20-1-1971, 30-1-1974, 30-1-1974, 30-1-1974

NORP: B/45-47

MONEY: 23 per cent, 9 per cent, 11 per cent, 11 per cent

QUANTITY: 13-2-1974, 30-1-1974, 13-2-1974

PRODUCT: 783

ORDINAL: first, first, first, first, first, first, second, 31st, 1st, first, second, second, Firstly, first, 11th

PERCENT: 7%, 9%, 11%

EVENT: the 1922 Act, the 1961 Act