E.i.D. Parry (India) Ltd. Vs. Dy. Commissioner of Income-tax

Decided On : Jan-29-1993

Court : Income Tax Appellate Tribunal ITAT Madras

LAW: Section 145, the Companies Act, Section 36(1)(iii).34, Section 43B of the Act, Section 54E(1, Section 54E(1, Rule 11, Section 54E(2, Section 54E(1, Section 54E(1, Section 54E(1, Section 4, Section 5 of the Act, the I.T. Act, Section 28(ii)(c, the Selling Agreement, the Selling Agreement, Section 37(3, Section 32, Section 37(1, Section 37(3, Section 37(0

CARDINAL: 1, 17-8-1992, 30-6-1987, 31-3-1989, 9, 15, 31-3-1989, 31-3-1989, 340.98, 149, 759, one, one, 340.98, 2.28, 188, 187, 38.8, 9, 30-6-1987, 2, 30-6-1987.10, 31-3-1989, 30-6-1987, two, two, 340.98, 53 and 56, two, 340.98, two, two, two, 1961, 340.98, one, one, one, 17,80,329, 83, 269, 340.98, 17.5%).The, two, 38, 21, 6, 89, 17, 133, 756, 65,65,645.Before, 10.66, 31-3-1989, 10.48, 23,95,900, 10, 80,007, 38, 4, 416, two, 1,000, 235, 97,76,000, 5,35,671, 92,40,329, half, two, 92,40,329, two, 24 and 25, 92,40,329, 127, 416, two, 1,000, 235.As, 7, 1966, 60, 161, 18-4-1986, one, 20, 51, 132, 1,90,709, 1, 177, 124, 1,30,024

LOC: Madras

DATE: year 1989-90.2, the year ending on June 30 every year, year, the year, the previous year, year 1988-89, 1989-90, the previous year, the year, the relevant year, the year, preceding year, 1984, last year, this year, the previous year, year 1988-89, that year, the previous year, year 1989-90.6, the assessment year 1988-89, this year, 1991, the year, that previous year, the previous year ending, each year, the previous year ending, the very first year, the current year's, each year, the previous year, year 1989-90, March, 18, 1992, March 30, July 30, 1992, a period of years, a particular year.20, the previous year, year 1988-89, the previous year, year 1989-90, the current year's, each year, each year, one year's, year, September 1, 1969, future year, year, 1972, a given year, previous year, previous year, the previous year, year 1989-90, 1991, 1973, 1982, previous year, 1991, 37, previous year, 3 Year, April 1, October 1 every year, April 1, October 1, the entire three year, the previous year, year 1989-90, years, the assessment year 1989-90, 3 years, half-yearly every year, half-yearly, 3 years, the first year, yearly every year, the first year, the first year, this year, the previous year, three year, three assessment years, 3 years, 3-Year, half-yearly, half-yearly, the assessment year 1989-90, three assessment years, 1981, 1961, the previous year, any previous year, such year, such year, 3-Year, half-yearly, the relevant year, previous year, the assessment year 1989-90.As, previous year, the relevant year, the assessment year 1989-90.46, the relevant year, 1986, five years, April 2, 1986, July 20, 1987, July 1, 1987, June 30, 1990, 1981, 1989, 1971-72, 1,30,024

ORG: Fertiliser Division, Sugar Division, Ceramic Division, Parry &amp, Co. Ltd., the Fertilisers Division, CIT v. Carborundum Universal Ltd., ITR, C.I.T., C.I.T., the Institute of Chartered Accountants, International Accounting Standards, Carborandum Universal Ltd.'s, C.I.T., Fertiliser Section, C.I.T., the Supreme Court, CIT, British Paints India Ltd., Carborandum Universal Ltd.'s, High Court, Carborandum Universal Ltd., Department, S.L.P., the Supreme Court, ITR, the Supreme Court, British Paints India Ltd.'s, Department, the Supreme Court, Divisions, Division, Departmental Representative, the Supreme Court of the Department's, S.L.P., Carborandum Universal Ltd., Supreme Court, British Paints Indi. Ltd., Department, the Fertiliser Unit, Tribunal, Modi Rubber Ltd., Tribunal, Orissa Cement Ltd., Tribunal, British Paints India Ltd. 's, Carborandum Universal Ltd., the Madras High Court, the Supreme Court, Accounting Principles, the Institute of Chartered Accountants, International Accounting Standards, Carborandum Universal Ltd., the High Court, C.I.T., C.I.T., Carborandum Universal Ltd., Carborandum Universal Ltd., Duple Motor Bodies Ltd., The House of Lords, Carborandum Universal Ltd.'s, Tribunal, The Court, High Court, Carborandum Universal Ltd., the Supreme Court, British Paints India Ltd., Department, the Supreme Court, the House of Lords, Duple Motor Bodies Ltd., the Supreme Court, the Supreme Court, Carborandum Universal Ltd., AAC, AAC, AAC, Tribunal, AAC, Tribunal, Tribunal, the Madras High Court, the House of Lords, B.S.C. Footwear Ltd., the Supreme Court, British Paints India Ltd., B.S.C.Footwear Ltd., the House of Lords, British Paints India Ltd., the Supreme Court, ITO, Assessing, Assessing, Dare House Investments Ltd., Coromandel Fertilisers Ltd., Coromandel Fertilisers, Dare House Investments Ltd., Coromandel Fertilisers Ltd., Coromandel Fertilisers Ltd., Dare House Investments Ltd., IAC, CIT, United Breweries, the Mysore High Court, Dare House Investments Ltd., United Breweries, United Breweries, Tribunal, Mysore High Court, Tribunal, the Mysore High Court, United Breweries, Coromandel Fertilisers Ltd., Coromandel Fertilisers Ltd., M/s. Coromandel Fertilisers Ltd., the Supreme Court, CIT, Delhi Safe Deposit Co. Ltd., ITR, Dare House Investments Ltd., Coromandel Fertilisers Ltd., Coromandel Fertilisers Ltd., United Breweries's, Ceramics, inter alia, Southern Asbestos Cement Ltd., CIT, SAE, Bonds, Bonds, Bonds, Interest A, C.I.T., C.I.T., 92,40,329, Bench, Bondk, the Institute of Chartered Accountants, Departmental Representative, C.I.T., CIT v.Motor Credit Co., Compendium, the House of Lords, B.S.C. Footwear Ltd., Amphetronix Ltd., Selling Agreement, Assessing, the Supreme Court, CIT v.Best &amp, Departmental Representative, the Supreme Court, CTT, Bombay Burmah Trading Corporation, Amphetronix Ltd., Amphetronix Ltd., Amphetronix Ltd., Selling Agreement, Amphetronix Ltd., Amphetronix Ltd., Coromandel Fertilisers Ltd., Arnphetronix Ltd., the Supreme Court, Best &amp, P.) Ltd., the Supreme Court, Best &amp, P.) Ltd., the Supreme Court, Imperial Chemical Industries, Amphetronix Ltd., Arnphetronix Ltd., CIT v. Saraswathi Publicities, Repairs &, Reliance, Chase Bright Steels Ltd., C.I.T., Departmental Representative, Section 37(4)(ii

GPE: Act.3, India, assessee, issue.12, India, H.D., assessee, matter.39, India, New Delhi, taxation.43, India, India, India, India, Amphetronix, Principal, Bombay

PERSON: Schedule, Madras, Madras, Shri Ramamani, Shri Ramamani, Shri Ramamani's, Shri Ramamani, Shri Ramamani, Shri Ramamani, Shri Bose, Shri Ramamani, Shri Bose, Shri Bose, Shri Ramamani, Shri Ramamani, Shri Ramamani, Madras, Madras, Shri Bose, Bose, Madras, Ridgway, Shri Bose, Shri Ramamani, Shri Bose, Shri Ramamani, Durametallic, Shri Ramamani, Shri Ramamani, Shri, Bose, Mysore, Mysore, Mysore, Shri Ramamani, Mysore, Shri Ramamani, Shri Ramamani, Vol, Shri Bose, Para 3.10, Shri Ramamani, Shri Ramamani, Shri Bose, Principal, Shri Ramamani, Glasgow, Madras, Madras, Maintenance

WORK_OF_ART: Factory Direct Cost Method, Full Factory Cost Method, The Assessing Officer, 2 All ER 167, "Compendium of Guidance Notes, Bench

ORDINAL: Secondly, first, Secondly, Thirdly, first, second, first, Secondly, first, secondly, second, first, second, first, first, secondly, first, Secondly, First, Secondly, first

NORP: Fertilisers, Indian

LANGUAGE: English

MONEY: 6 per cent

PERCENT: about 17%, 9%, 9%, 9%, 9%, 9%, 10%, more than 50%

PRODUCT: ITD 211.30, ITD 449, Para 3.9, Para 3.12, 386