Vijay Tank and Vessels (P.) Ltd. Vs. Income-tax Officer

Decided On : Jan-04-1991

Court : Income Tax Appellate Tribunal ITAT Mumbai

LAW: Section 263, Section 263, Section 263, Section 35B(1)(b)(ii, Section 263, Section 263, Section 263, Section 263, Section 263, Section 263, Section 263, Section 263.6, Section 80-O, Section 80, Section 35B(1A, Section 35B., Section 263, Section 263, Section 263.18, Section 263, Section 263, Section 35B(1)(b, Section 80-O., Section 35B(1A, Section 80MM, Section 80MM, Section 35B(1A, Section 35B(1A, Section 80, Section 80MM, Section 80, Section 263, Section 255(4, Section 255(4, Section 263, Section 35B(1A, Section 35B(1A, Section 80MM, Section 80MM, Section 80MM, Section 80MM, Section 35B(1A)(ii, Section 35B(1A)(1)(b, Section 35B(1A, Section 35B(1A, Section 35B.

CARDINAL: 1, three, one, 14, 15, two, 17, 27-2-1987, 15, 5, 15, 24, 400, 41, 31-3-1978, 1, 30-6-1978, 14, 4, 55,96,913, 55.97, two, 1,30,82,011(ii, two, 1,30,82,011, 219, 266, 1,30,82,011, 55,96,913, 3, 1-4-1978, 1-4-1981, 283,395, 36, 9, 1-4-1981, 1,30,82,011, 55,96,913, 104.66, 48.69, 48.69, 48.69, 48.69, three, 55,96,913, 8, 121acs, 10, 6,85,224, 4, 24.54, 6.85, two, 34, 1,30,82,011.10, 3,45,000, 3,45,000, 4,16,081, two, 31-3-1978, 3,45,000, 27, 30-6, 121, 31-3-1978.13, 118, 27, 13-11-1976, 118, 118, 3,45,000, two, 1, 5, 9, two, 1,30,82,011(ii, two, 4, 55,96,913, 1-4-1981, 1, 1A, 1A, 55,96,913, 1A, 1A, 1A, 1, two, 1A, 2, 2, 2, 1A, 1A, 1A, 10 to 14, 1, 2, 1., two, 1, 2, 2, 2.19, 266, 30-12-1977, 2, 22-3-1978, 15, two, 1,30,82,011(ii, two, 55,96,913, 4, 55,96,913, 28,608, 74,56,490, 1,04,65,644, 12,106, 31,891, 27, 2,810, 2.4, 2.79, 1.97, 30, 8, 10, 6.85, 2.85, 4, 34,720, 30, 4, 34, 40,85,098, 1A, 1, 1, 1A, 2, 80MM, 1, 2, 2, 2, 2, 1,30,82,011, 40,85,098, 4, 4, two

GPE: Assessee, Delhi, assessee, Kuwait, India, India, India, Kuwaiti, Kuwaiti, Kuwaiti, Kenya, Kenya, Co., Assessee, Lebanon, Co., Japan, Co., Japan, assessee, India, assessee, India, Kuwaiti, India, India, assessee, India, Clause, Petro, India, India, India, Bombay, India, India, Nairobi, Nairobi, Kuwait, Kenya, Kuwait, Kuwait, Libya, Dubai, Libya, Kuwait, Kenya, Kuwait, Kenya, Kuwait, Kenya, India, India, India, Clause, India, Petro, India, India, India, India, Kenya, Kuwait, India, India, India, India, India, India, India

ORG: the Commissioner of Income-tax, the Commissioner (Appeals, Kuwait Branch, Tribunal, Transactional Analytic Centre For Education Research &, ITO, ITO, Departmental Representative, Departmental Representative, Commission, Kuwait Branch, the Commissioner (Appeals, Section 35B, the Commissioner (Appeals, Explanation, C &, Kuwaiti Dinars, CBDT, Board, Section 35B, Departmental Representative, the Commissioner (Appeals, the Commissioner (Appeals, the Commissioner (Appeals, The Commissioner (Appeals, Commission, Mitsui &amp, M/s.Mitsui &amp, Co., RBI, Departmental Representative, RBI, RBI, IDBI, RBI, RBI, M/s. Mitsui &amp, M/s. Mitsui &amp, the Commissioner (Appeals, the Commissioner (Appeals, The Commissioner (Appeals, CIT, CIT, ITO, Kuwait Branch, Section 35B, C &, Board, Board, Note-9 of Final, Section 35B, Section 35B, Export House Certificate, Section 35B, Export House Certificate, Refineries, Water Works, Section 35B, Section 35B, the Central Board of Direct Taxes, Board, Board, the Bombay Bench ', ITA No, M/s.Vijay Tank &amp, Vessels (P.) Ltd., Section 35B of the Act, Section 35B of the Act, the Departmental Representative, Kenya Pipe Line Co. Ltd., Pipe Line Co. Ltd., the Central Board of Direct Taxes, ITO, Tribunal, 74,85,098, Judicial, Concrete Mix, Judicial, Export House Certificate, Export House Certificate, Judicial, Refineries, Power Industry, Judicial, Legislature, valves &amp, Kenya Pipe Line Co., J.Hemchand &amp, Section, Judicial, Judicial

DATE: 1987, 1988, 1988, 63, previous year ended on 30th June, 1978, para 5, the assessment year 1979-80, 29th January, 1981, 8 + 12+10, 13th Nov., 1976, 12th December, 1976, 30th June, 1978, June 29, 1979, 13-11-1976, more than 21/2 years, June 29, 1979, 1 -4-1978, 29th January, 1981, the Assessment Year 1979-80, the Assessment Year 1979-80, 31 st day of March, 1978, 1961, 2398, the Assessment year 1979-80, 1961, the year, 31 st day of March, 1978, a period of years

PRODUCT: Chartered Accountant, Section 35B(1)(b, Section 35B(1)(b, F, Section 35B(1)(b, Section 35B(1)(b, F, Oil Storage Tanks, Accountant, Accountant, Accountant, Accountant, Accountant, Bench

PERSON: G.B. Doshi, Trng, Golecha Grinding Mills, 82,36,315, 82,36,315, 82,36,315, Srilanka, i.e Rs

ORDINAL: first, first, first, third, firstly, Firstly, Secondly, first, first, second, second, firstly, secondly, first, second, Third, first, second, first, first, Third

LOC: Section 80MM, Accountant Member.12

PERCENT: more than 20%, almost 30%, almost 24%

MONEY: 118,119,120 &

NORP: Hon'ble, Indian

FAC: Hardware