Cit Vs. Bharat Alumunium Co. Ltd.

Decided On : Oct-15-2009

Court : Delhi

LAW: Section 82, the Income Tax Act, Section 32, Section 37, Section 32, Section 37, the Companies Act, the Income Tax Act, Section 3.5D, Section 37 of the Act, Section 254 of the Act, Section 254, Section 43B, the I.T. Act, Section 43B of the Act, Section 32, Section 43 of the Act, Section 41, Section 31, Section 32, Section 43, Section 32, Section 10, Section 2(11, Section 32, Section 32 of the Act, Section 32 of the Act, Section 139 of the Act, the Societies Registration Act, Section 617, the Companies Act, the Amending Act, Section 2(11, Section 32, Section 32(1, Section 32, Section 32, Section 32, Section 80HHC of the Act

ORG: A.K. Sikri, the Commissioner of Income Tax, Bharat Aluminum Company Ltd., the Income Tax Appellate Tribunal, the Income Tax Appellate Tribunal, National Thermal Power Corporation, NTPC, NTPC, HED, NTPC, NTPC, NTPC, NTPC, NTPC, CAG, the Institute of Chartered Accounts of India, AO, AO, NTPC, Department, Department, Department, Department, the Institute of Chartered Accountants, C&AG, The Hon'ble Supreme Court, Madras Industries Investment Corporation Ltd., CIT :, ITR, Tribunal, NTPC, AO, the Supreme Court, Travancore Cochin Chemicals Ltd., Income Tax, ITR, Tribunal, Court, Hindustan Times Ltd., ITR, Income Tax v. Saw Pipes Ltd., CTR, the Tribunal in, CIT, the Supreme Court, High Courts, Supreme Court, CIT, Madras Auto Services Limited, Lakshmiji Sugar Mills Co. P. Ltd., CIT, SC, the Cane Development Council, L.H. Sugar Factory & Oil Mills Pvt, CIT :, SC, Court, CIT, ITR, SC, Court, CIT, Bombay Dyeing & Mfg. Co. Ltd., ITR, Taxman 396, SC, the State Housing Board, the Housing Board, Court, Court, Hindustan Times Ltd., Saw Pipes Ltd., Travancore Cochin Chemicals Ltd., Counsel for the Revenue, the Supreme Court, the Supreme Court, L.H. Sugar Factory, Oil Mills, P) Ltd., Pilibhit, CIT, U.P. Lucknow, Travancore-Cochin Chemicals, Lakshmiji Sugar Mills', the Travancore-Cochin Chemicals', Lakshmiji Sugar Mills, Travancore-Cochin Chemicals', Court, Travancore-Cochin Chemicals', Court, Lakshmiji Sugar Mills', Travancore Cochin Chemicals Ltd., the Supreme Court, Madras High Court, Tractors and Equipment Ltd., Ors, ITR, L.B. Sugar Factory, Oil Mills, P) Ltd., Travancore Cochin Chemicals Ltd., the Supreme Court, C&AG, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Bombay High Court, Ahmedabad Electricity Supply Co., the Supreme Court, NTPC, CIT, ITR, the Supreme Court, the Income Tax Appellate Tribunal, the Supreme Court, the Income Tax Authorities, Tribunal, the Appellate Tribunal, Tribunal, Tribunal, the Tribunal under Section 254, Department, Tribunal, Tribunal, Jute Corporation of India Ltd., CIT 0044/1991, Court, Appellate, Appellate, Court, Appellate, Appellate, the Tribunal also.18, Tribunal, Tribunal, Court, Maruti Udyog Ltd., Ors, Court, Tribunal, Tribunal, Tribunal, the Supreme Court, Bombay High Court, the Tribunal under Section 254 of the Act, Tribunal, Assessing, Tribunal, Profit, Tribunal, Tribunal, AO, Tribunal, Tribunal, ITA No, Tribunal, Tribunal, Nathini Steels Ltd., Income Tax, TTJ, Tribunal, Nathini Steels Ltd., CIT, TTJ, the Bombay Bench, Appellate Tribunal, Legislature, Tribunal, Tribunal, Tribunal, Table, Government, University, Department or Scientific and Industrial Research, Government of India, Department of Scientific and Industrial Research, Government of India, the Eleventh Schedule, Central, Act.27, Legislature, the Central Board of Direct Taxes, the Budget Speech of, Finance, Board, the Economic Administration Reforms Commission, Artic, Chhabria Trust, ITR, Tribunal, the High Court, Tribunal, Tribunal, Circular, Counsel for the Revenue, Counsel for the Revenue, PSL, Serial No, ICAI, the Apex Court, Income Tax, Department, Tribunal, the Supreme Court, Bharat Commerce and Industries, NTPC, ITAT, the Supreme Court, Income Tax, Coimbatore, Lakshmi Machine Works, ITR, Tribunal, NTPC Limited, NTPC Ltd., Court, Income Tax v. Sunbeam Auto Ltd., ITA No., Profit, AO, AO, Tribunal, AO, AO, AO

NORP: J.1, Indian, Indian, assets.-, ITAT, Bharat, Earth Movers, Bharat

CARDINAL: 532, 2006We, 3.76, 3.76, 3.76, 3.76, one, 3.76, 22.68, 3.76, 15.07, 10, 15.07, five, 15.07, 22.68-15.07, 3.76, 7.61, 22.68 - Rs, 15.07, 225, 802, 3.76, 106, 122, 977, 208, 476.10, 99, 580, 82, 125, 293, 4, 172, 257, 38, 219, 521, 85, 125, 293, 50,000, 133, 147, Two, 31.07.2002, 22.08.2005, 199, 229, 383.17, 187, 688, 244, 303, One, 11,67,997/-, 1961.The, 50, 240, 56, 240, two, 1, 1, 1922(11, 1, 2, 2, 1, 1, 1, 1, 1, 01.04, 469, 23.09.1986, 6.3, 12, 20, four, 68, 264, 12.30, 23.09.1988, one, 1, 1, 245, 18, 9, one, Two, 290, 667.39, 1/5th, 4/5th, four, one, 1/5th, 4/5th, 4, 1/5th, 69.24, 69.24, 57.95, 69.24, 69.24, 57.95

DATE: the Assessment Year 1995-96, five years, the relevant years, five years, five years, the earlier years, five years, the earlier years, five years, 1997, the year, several year, five years, years, one year, a particular year, the year, five years, one year, a period above years, 1971, 1980, 1988, a period of, 15 years, 1996, five years, 1991-92, every year, 1484/200616, 1991, 2000, subsequent year, the year, subsequent year, that subsequent year, that year, the year, this year, the previous year, the Assessment Year, year 1995-96, the year, the Assessment Year 1995-96, the year, this year, Year 1995-96, the year, this year, this year, Years 1999-2000, 2001-02, 1484/2006, the previous year, 1996, April 1, 1988, 1996, a particular year, the 1st day of April, 1998, the previous year, the previous year, 1922, 1986, 2 of 1886, 1922, 11 of 1922, the 1st day of April, 1988, the previous year, that previous year, 1st day of April, 1997, the previous year, years, the assessment year 1998-99, 1st day of April, 1977, the previous year, the previous year, the 1st day of April, 1988, any previous year, 1860, 21 of 1860, 1956, 3 of 1956, 1988, 1999, the previous year, the previous year, 30th September, the previous year, less than 180 days, the previous year, the first year, the subsequent years, the earlier years, the previous year, previous year, 1990-91, that year, that year, the year, the years, the earlier years, 31.03.1996, standard-15, earlier year, earlier years, the year, the year, earlier year, the year, previous year, calendar year 1973, the previous year, year 1974-75, year 1973, previous year, the previous year, the previous year, earlier previous year, the previous year, previous years, 27,03,071/-.37, 1670/200638, 1671/200640, December, 1996, December, 1996, June 1997, 11.09.2009, 1439/200842, the years, past years, the past years, the past year, the years, the respective years, 1487/2006, 1593/2006, 1486/2006, 1592/2006

ORDINAL: fifth, First, first, second, second, first, second, first, first, first, first

PERSON: Rs, Crores, P.L. Bansal, M.S. Syali, Cave L.C., Tamil Nadu v., NTPC, Bansal, NTPC, Reg, Benches, Bansal, M.S. Syali, Appendix IA, wherein reference, Lo, Benches, Benches, Karnataka, ITA Nos

EVENT: the Assessment Year, the Assessment Year 1991-92, the Assessment Year 1991-92, the Assessment Year, the Assessment Year, the Assessment Year, the Assessment Year, the Assessment Year, the Assessment Year, the Assessment Year

LOC: HFO Oils, Captive

MONEY: 3.76 Crore, 40] per cent

GPE: words:5.12, A.O., Kerala, Vol, Taxman, UP, Municipality, Municipality, Antherton, Clause, Mumbai, Clause, not.36, P.Y., P.Y., Ld, DR

FAC: Favour

PRODUCT: 376, Rule 5 of the Income Tax Rules, Circular, ITD 462, AS-15

PERCENT: 50%