Joint Cit Vs. Cipla Ltd.

Decided On : Feb-14-2005

Court : Income Tax Appellate Tribunal ITAT Mumbai

LAW: section 80-IA, the Income Tax Act, section 80-IA, section 80, section 80-IA, section 37.(vii, section 80-IA, section 80-IA, section 80HHC, section 80HHC, section 80-IA, section 80, section 80-IA, section 80-IA, section 80, section 84, section 84, section 84, section 84, section 80, section 80, section 80, section 80-IA, section 80, section 80-IA, section 80-IA, section 80-IA, section 80-IA, section 80, section 80, section 80-IA, section 80-IA, section 80, section 80-IA, section 80-IA, section 80, section 80-IA, section 80, section 80-IA, section 80, section 80, section 80-IA, section 80, section 80, section 80, section 250, the Income Tax Act, section 80, section 75, section 28, section 80-IA, section 80, section 80-IA, section 80-IA, section 37, Income Tax Act, section 73(2A

DATE: year 1995-96, year 1996-97, 4619, year 1997-98, year 1994-95, year 1994-95, year 1995-96.(ii, 80-IA(9, 80-IA(9, 80-IA(9, the year, 80-IA(9, year 1996-97, year 1997-98.2, the assessment year 1995-96, the year, the year of account.8, year 1995-96, year 1995-96, the year, the year, each of the years, year 1996-97, year 1997-98, year 1996-97, various years, years 1995-96, 1996-97, year 1995-96, years 1996-97 and, 1997-98, year 1996-97, year 1997-98, year 1995-96, years 1996-97 and, 1997-98, years 1996-97 and, 1997-98, years 1994-95, year 1995-96.(b, year 1994-95, year 1995-96, year 1994-95, year 1994-95, the end of assessment year 1994-95, year 1995-96, year 1995-96, 80-IA(7, the previous year, year 1995-96, year 1994-95, the year, year 1995-96, 2nd year, the earlier years', year 1994-95, year 1995-96, the initial assessment year, year 1995-96, year 1994-95, year, previous year, the previous year, year 1994-95, the initial assessment year, year 1994-95, the year, year 1995-96, the second year, 80-IA(7, year 1995-96, year 1995-96, as initial assessment year, year 1995-96, year 1994-95, year 1994-95, year 1994, year 1994-95, year 1994-95, year 1994-95, the initial assessment year, 1994-95.He, the previous year 1993-94, year 1994-95, year 1994-95, year 1994-95, year 1995-96, 2nd year, 1991, year 1994-95, subsequent year, year 1994-95, year 1994-95, the preceding year 1994-95, year 1995-96, 1993, 80-IA(7, 2nd year, year 1995-96, the initial assessment year, year 1994-95, 10-10-1996, year 1994-95, year 1994-95, year 1994-95, that year, the initial assessment year, year 1994-95, 1974, the year, 1991, 80-IA(7, year 1994-95, year 1994-95.We, 1991, the year ending, year 1961-62, the first year, five years, year 1961-62, the assessment year 1966-67, the month of March 1961, the month of March 1961, the year, year 1961-62, the last year, 1965-66, the assessment year, 1966-67, the assessment year, the initial assessment year, the previous year, the initial assessment year, the assessment year, the previous year, year 1994-95, year 1995-96, year 1995-96, the first year, year 1995-96, year' or first year, year 1995-96, year 1994-95, 80-IA(7, year 1996-97, year 1995-96, year 1994-95, that year, year 1994-95, 80-IA(7, year 1994-95, year 1994-95, year 1995-96, year 1995-96, year 1995-96, year 1995-96, 80-IA(9, each of assessment years 1996-97 and, 1997-98, all 3 years, the year, The initial year, year 1992-93, the initial year, the year, year 1995-96.(iv, 80-IA(9, year 1995-96, 1991, year 1994-95, 10-10-1996, the year 1983, year 1985-86, year 1994-95, year 1995-96, year 1995-96, the year, year 1995-96, 80-IA(9, 80-IA(9, 80-IA(9, 1969, 80-IA(9, 1963, 1976, 80-IA(9, the year, Para 40, 80-IA(9, 1977, the earlier years, the year, 1991, year 1994-95, 1985-86, 1992, years, a subsequent year, 1963, 80-IA(9, 80-IA(9, 80-IA(9, years 1996-97 and, 1997-98, year 1996-97, year 1997-98, years 1996-97 and, 1997-98, year 1995-96, year 1995-96, these two years, year 1995-96, 80-IA(9, 80-IA(9, 80-IA(9, 1999, 2001, 80-IA(9, 80-IA(9, 80-IA(9, 80-IA(9, 1963, 80-IA(9, 80-IA(9, 80-IA(9, 80-IA(9, the year, each day, 80-IA(9, the year, 2001, year 1995-96, years 1996-97 and, 1997-98, year 1995-96, years 1996-97 and, 1997-98, all the three years, year 1995-96, years 1996-97 and, 1997-98, year 1996-97, year 1997-98, years 1996-97 and, 1997-98, years 1996-97 and, 1997-98, year 1995-96, 1997, earlier years, year 1995-96, year 1996-97, year 1997-98, 2003, year 1995-96, year 1996-97, year 1997-98, year 1995-96, year 1996-97, year 1997-98, 2003, 6629, years 1993-94 and, 1994-95, years 1993-94 and, 1994-95, 1995, year 1992-93, year 1994-95, 24-7-2003, year 1993-94, 6208, year 1995-96, year 1996-97, year 1997-98, year 1994-95, 6342, year 1993-94, 6208, year 1995-96, year 1996-97, 4619, year 1997-98, 2000, year 1996-97, year 1997-98, year 1996-97 &, year 1997-98, year 1996-97, year 1997-98, year 1996-97, year 1997-98, 1997-98, year 1996-97, year 1996-97, next year i.e., year 1997-98, next year, year 1997-98, year 1997-98, 2004, year 1997-98, year 1997-98, year 1996-97.As, AS-9, 1990, year-to-year, year 1996-97, year 1996-97, 1990, year-to-year, 2004, 2004, year 1997-98, year 1996-97, years 1996-97 and, 1997-98, year 1996-97, year 1995-96, 2157, 1999, year 1995-96, years 1993-94 and, 1994-95, year 1995-96, years 1996-97 and, 1997, years 1996-97 and, 1997-98, years 1996-97 and, 1997-98, year 1995-96, 2157, year 1995-96, years 1993-94 and, 1994-95, year 1994-95, year 1996-97, year 1995-96, year 1995-96, 2157, 1999

ORG: Commissioner (Appeals, Commissioner (Appeals, Commissioner (Appeals, Commissioner (Appeals, Kurkumbh Unit, Global Profit, Kurkumbh Unit, Kurkumbh Unit, M/s. TEWL, Machinery, Kurkumbh, Patalganga Units, Kurkumbh, Patalganga Units, The Commissioner (Appeals, the Commissioner (Appeals, the Commissioner (Appeals, The Commissioner (Appeals, DCI, The Commissioner (Appeals, DCI, The Commissioner (Appeals, DCI, DCI, M/s. Triveni Engg, Works Ltd., The Commissioner (Appeals, the Commissioner (Appeals, Cipla, the Commissioner (Appeals, JCIT, JCIT, The Commissioner (Appeals, JCIT, The Commissioner (Appeals, DCI, Departmental Representative, Lease, M/s.Triveni Engineering Works Ltd., TEWL, Kurkumbh, Kurkumbh, Departmental Representative, Kurkumbh, Kurkumbh, Kurkumbh, Departmental Representative, Bombay Central, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh Unit, Kurkumbh Unit, the Kurkumbh Unit, Kurkumbh Unit, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, PB, Departmental Representative, Kurkumbh, Hon'ble Supreme Court, CIT v. Cellulose Products of India Ltd., C/F, Sri Rajarathinam Transports, CIT, Tribunal, Departmental Representative, Tribunal, Kurkumbh, CIT-Departmental Representative, PB, Kurkumbh, Kurkumbh, PB, CIT, Hindustan Antibiotics Ltd., Departmental Representative's, CIT, Cellulose Products of India Ltd., SC, Departmental Representative, C/F, CIT, Cellulose Products of India Ltd., SC, CMC, Appellate, the Income Tax Appellate Tribunal, Tribunal, Tribunal, Tribunal, the Hon'ble Supreme Court, Departmental Representative, Kurkumbh, Kurkumbh, Kurkumbh, Global Profit, Kurkumbh, Kurkumbh, the Commissioner (Appeals, Kurkumbh, the Commissioner (Appeals, Kurkumbh, Bombay Central, Vikhroli, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Company, Krukumbh, Kurkurnbh, Kurkumbh, Kurkumbh, Commissioner (Appeals, the Commissioner (Appeals, Kurkumbh, the Commissioner (Appeals, Kurkumbh, the Commissioner (Appeals, Departmental Representative, Kurkumbh, Kurkumbh, Kurkumbh, Departmental Representative, Kurkumbh, Departmental Representative, Kurkumbh, Bulk Drug, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Hon'ble Supreme Court, CIT, British Paints India Ltd., ITR, Departmental Representative, Kurkumbh, Kurkumbh, Departmental Representative, B' &amp, Tribunal, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Reliance, the Bombay High Court, CWT, Reliance, the Supreme Court, Tata Iron &amp, Steel Co.Ltd., State of Bihar, SC, Kurkumbh, Kurkumbh, 9 &amp, Reliance, Allahabad High Court, Vijay Kumar Kedia v., CED, Commissioner (Appeals, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Kurkumbh, Commissioner (Appeals, Commissioner (Appeals, Appellate, Textile Machinery Corpn., CIT, SC, Reliance, the Supreme Court, CIT, British Paints India Ltd., SC, Kurkumbh, Kurkumbh, CIT, SC, KK, the Hon'ble Supreme Court, Tata Iron &amp, Steel Co. Ltd., State of Bihar, SC, the Hon'ble Apex Court, KK, KK, KK, CIT-Departmental Representative, CIT-Departmental Representative, the Industrial Undertaking of assessee, CIT-Departmental Representative, the Commissioner (Appeals, the Commissioner (Appeals, the Commissioner (Appeals, 46A.He, Commissioner (Appeals, Kurkumbh, the Global Profit Percentage, Commissioner (Appeals, Cost Auditor, CIT, CIT, the Global Profit Percentage, CIT-Departmental Representative, the Commissioner (Appeals, the Supreme Court, CIT v. Sterling Foods, SC, the Supreme Court, Pandian Chemicals Ltd., CIT, CIT, Metro Tyres Ltd., ITD 557, Tribunal, Manufacture &, Profit, Tata Iron &amp, Steel Co. Ltd., State of Bihar, SC, Commissioner (Appeals, CIT, Metro Tyres Ltd., ITD 557, the Supreme Court, Pandian Chemicals Ltd., the Delhi Tribunal, Tribunal, Commissioner (Appeals, Commissioner (Appeals, Kurkumbh, Commissioner (Appeals, Commissioner (Appeals, Commissioner (Appeals, Citing Ballmal Naval Kishore, CIT, SC, Departmental Representative, Ballimal Naval Kishore, the Hon'ble Supreme Court, Departmental Representative, Modvat, Hon'ble Supreme Court, Departmental Representative, Hon'ble Supreme Court, CIT v. Indo Nippon Chemicals Co. Ltd., SC, Departmental Representative, Tribunal, ITA Nos.6957/Mum./1996, Hon'ble Bombay High Court, CIT, ITR 690 (Bom, Tribunal, Tribunal, Tribunal, Tribunal, ITA No, Tribunal, Departmental Representative, Commissioner (Appeals, Tribunal, Tribunal, Tribunal, ITA No, ITA No, Bombay Stock Exchange, Bombay Stock Exchange, CIT, SPIC India Ltd., the Stock Exchange, Stock Exchange, Departmental Representative, Stock Exchange, section 73(3) &amp, Stock Exchange, Smt, CIT, SC, Land Acquisition the Hon'ble Supreme Court, Departmental Representative, CIT, SC, CIT, the Stock Exchange, CIT, Foreign Travel Expenses, Tribunal, Departmental Representative, Tribunal, Tribunal, Tribunal, Departmental Representative, Tribunal, Commissioner (Appeals, the Commissioner (Appeals, Tribunal, ITA No, Tribunal, Tribunal

GPE: Mumbai, Mumbai, Mumbai, I.T., Mumbai, Mumbai, Mumbai, Mumbai, IV, Patalganga, assessee, Patalganga, I.T., assessee, assessee, assessee, assessee, Carboxy, Patalganga, Patalganga, Patalganga, assessee, n.p., n.p., assessee, assessee, Patalganga, assessee, Patalganga, Patalganga, India, Patalganga, India, India, assessee, assessee, Ground, Ground, Issue, assessee, Mumbai, assessee, assessee, ITA No.6342, Mumbai, assessee, Issue, assessee, Tribunal, assessee, assessee, assessee, assessee, Ground, assessee, assessee, IV, assessee, assessee

CARDINAL: 25, 16-3, 19, 5,70,67,970.(iii, 57,82,509, 42,69,617, 4,06,760, 3.5, 2,24,383, 73,366, 3,50,000, 2,65,677, 92,896, 80, 23,23,82,706, 11,93,012, 4,25,256, 4,39,073, 3,75,69,70,445, 3,61,11,78,063, 73,366, 4,96,676, two, 25,00,000, 80, 50,35,66,605, misc.receipts, 20.3196, 25.4896.(a, 8,35,516, 3,83,699, 6,53,23 2, 4,51,88,60,159, 30,00,000, 2, 1, 40, 2, two, 1, 1, 1, two, 2, 2, five, 80, 95, 17, 4, 10, 3.66, 192, 1, 12, 199, 2, 2, 5, 17, 18, 17, 4, 4, 17, 4(d, 17, 17, 93, 192, 192, 18-3-1961, 15-6-1961, 18-3-1961, 31-3-1961, 7, 1, 5, 3.66, 3.66, 3.66, 1, 1, two, 4.45, 9, 3.30, 33, 42.23, 253.59, 295.82, 36.36, 5.32, 4.04, 5.32, 2.34, 4.04, 6.76, 2.98, 2.72, 2.62, 2.72, 1, one, 8), 80, 8), 8, 17.70, 295, 9, 47.55, 8 to 22, 11 and 12, 1.74, 1.39, 35, 9, 13, 14, 14, 15, 17, 18, 18 and 19, 2.71, 2.98, 5.70, 5.70, 188, 13 to 40, 9, 9, 3.30, 5.70, 5, 17, 18, 3a, 8, 9.01, 39.58, 30.57, 12, 1.74, 9, 9, 3.3, 1.74, 14, 80, 16, six, six, 3, 16, 71, 180, 48, 16, 11, only three, 3, 11, 104, 302, 3, 9, 16, more than one, 16, 17, 18, 16,000, 55,319, 25, 26, 19, 38, 19 and 20, 107, 195, 21, 188, 17, 18, 193, 9, 9, 9, 48, 9, 9, one, 46A, 46A.As, 4, 4.7, 4.14, 4.29, 4.32, 2, 1, 237, 79, 8, 2, 80, 80, 48, two, 79, 2(c, 1, 1, 1, 1, 1, 2, 3, 224, three, 52, three, 57,82,509, 4, 261, 275, 5, two, 5, 1, 1X, 5(1, 5(ii).The, 30, 8, 216, 16-4-2003, 5(i, 6, 24, 24, 16-4-2003, 2062, two, 1, 266, 3A, 181, 181, 266, 266, 2, 80, 1, 3, 2(a, 2(b, 31-10-2003, 4, 5, 5%.The, 4, 2,00,000, 3.94, roughly about more, 6, 13.88, 11, 49, 1, 4,39,073, 2, 1, 2, 8, 9, 5

EVENT: 3036/Mun-i./2000, PG-II, PG-II, PG-II, PG-II, PG-II

PERSON: Lhe, logo/, income.(a, Y.K., Y.K., para 4.27, Nos, Nos, Bangalore, Vikhroli, Authorised Representative, de novo, Bangalore, Authorised Representative, Failed, Authorised Representative, Purshottam N. Amersey, Appeals).He, Hira Pharma's, Radhasoami Satsang v., Authorised Representative, Authorised Representative, Authorised Representative, Authorised Representative, Authorised Representative, Nos, Nos, Gift, Allana Sons, Authorised Representative, Nos, Rama Bai v., Rama Bai v., Nos, Nos, 8,23,443

ORDINAL: 53,91,883, First, first, 2nd, 2nd, first, first, first, second, third, fourth, first, firstly, secondly, third, third

PRODUCT: misc.receipts, Annexur, Alprazolan at Rs, Alprazolan at Rs, F', F'

PERCENT: 25%, 10%, 10%, 25%, 10%, 10%, 91%, 6%, 19%, 6%, 19%, 95%, 5%, 6%, 19%, 5%, 9%, 25% to 10%, 10%, 10%, 50%, 50%, 10%, 10% to 2.5%

NORP: d., Intermediates, Intermediates, Intermediates, Intermediates, Intermediates, ITAT, Canteen

WORK_OF_ART: The Income Tax Officer, 'Current Repairs', Current Repairs

QUANTITY: one thousand metres

LOC: Profits

FAC: the Delhi Bench, the Delhi Bench, Ground Nos, Ground Nos