Elscope (P) Ltd. Vs. Commissioner of Income Tax

Decided On : Jan-23-2008

Court : Gujarat

LAW: Section 256(1, the IT Act, Section 41(1, Section 41(1, Section 41(1, Section 45, Section 28, Paragraphs 23, Paragraphs 25 to 31, Section 28 of the Act, Section 28(i, Section 28(iv, Section 28(i, Section 28(iv, Section 45 of the Act, Section 28, Section 28, Section 37 of the Act, Section 28, Section 28(iv, Section 28(iv, Section 28(iv, Section 2(24)(va, Section 28(iv, Section 28(iv

PERSON: D.A. Mehta, J.1, B.D. Karia, M.R. Bhatt, Addl, ||_______________________|_________________|___________________|_______________||Nilgiri Inv, M.R. Bhatt, Bhatt, Karia, Karia, Karamchand Premchand, Karamchand Premchand, KPPL, KPPL, Elscope, Jodhpur Bone, Tribuna

CARDINAL: two, one, 413, 414, 1977.3, two, 79, 32,50,557, 24,59,188, 1997]227ITR464(SC, two, four, four, five, four, five, 379, 32,50,557, 30-6-1977, 12,01,782.47, 2,33,924.17, 9,81,075.83, 32,50,577.44, 32,50,557, 24, one, two, 1975]100ITR706(SC, 1995]211ITR919(Bom, four, four, one, 2006]281ITR92(Guj, three, 1962]46ITR144(SC, 1997]225ITR746(SC, 2006]285ITR310(KAR, four, four, five, five, four, one, 1,11,000, 100, 1,10,998, 2, 90, 90, 3.95, eight, three, three, 50,40,483, three, five, 29, 1987]166ITR316(Guj, One, 3,82,905

ORG: Tribunal, Tribunal, Tribunal, Tribunal, ITO, Tribunal, ITO, the apex Court, CIT, Akkamamba Textiles Ltd., Court, Tribunal, Sarabhai Chemicals, Karamchand Premchand, the capital reserve, ITO, Tribunal, Tribunal, Tribunal, ITO, Tribunal, Tribunal dt, Tribunal, Tribunal, Tribunal, Tribunal, Articles of Association of the assessee, CIT, Cotton Mills Supply Agency Ltd., CIT, Tribunal, Tribunal, Tribunal, Kailash Investment, Court, Kailash Investment, CIT, CIT v. Shoorji Vallabhdas and Co., Godhra Electricity Co. Ltd., CIT, CIT, Industrial Credit and Development Syndicate Ltd., Tribunal, Sarabhai Chemicals, P) Ltd., Kailash Investment, Kailash Investments, P) Ltd., Sarabhai Chemicals, SCPL, Court, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Sarabhai Chemicals, P) Ltd., Tribunal, Sarabhai Chemicals, P) Ltd., Ambalal Sarabhai Enterprise, P) Ltd., Sarabhai Chemicals, P) Ltd., Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Tribunal, Court, Kailash Investment, Tribunal, Court, Kailash Investment, Kailash Investment, liability.12, Tribunal, Tribunal, Court, CIT, Bhavnagar Bone & Fertiliser Co. Ltd., Fertiliser Company, P. Lenier & Sons Ltd., capital reserve, ITO, capital reserve, ITO, Tribunal, Tribunal, The High Court, Tribunal, Tribunal, capital reserve, Tribunal, Tribunal

DATE: 1961, 1978-79, year ended on 30th June, the two assessment years, 1978-79, 1979-80, 1978, a period of, 4 months, 1979-80, a period of, 4 months, the year, four months, 1st July, 1977, the earlier years, four months, 1979-80, 1978-79, 1979-80, 1978-79, 16th April, 1993, the previous year, the years, 1978-79, 1978-79, 1978-79, the year ended on 30th Sept. 1977, 27th July, 1973, 11th Aug. 1973, a period of, eight years, 1st July, 1974, 1st July, 1981, 10th Aug., 1973, annual, 12,48,727.50, 22nd Sept., 1973, 30th Sept., 1976, 28th June, 1977, annual, 30th June, 1977, the year, eight years, annual, the prior years, 20th March, 1950, 31st March, 1957, 21st April, 1954, 22nd June, 1970, 1971-72, the year

GPE: asst, assessee, assessee, ||_______________________|_________________|___________________|_______________||Malbar, Sarabhai, Paragraph No, Jodhpur, London

MONEY: 12 per cent, 12 per cent, 12 per cent, 12 per cent

PERCENT: 12%

NORP: ||_______________________|_________________|___________________|_______________||Dhaulagiri

ORDINAL: second, first, first, first, first, third, Secondly, first, first

LOC: the Memorandum and Articles of Association