Dy. Cit Vs. Sarabhai Piramal

Decided On : Jan-27-2006

Court : Income Tax Appellate Tribunal ITAT Mumbai

LAW: Section 35AB, Section 35A, the Income Tax Act, Section 35A, the Income Tax Act, Section 36(1)(iii, the Income Tax Act, Section 35AB, Section 35A of the Act, Section 35AB, Section 133A of the Act, Section 35AB, Section 35AB, the Explanation to Section 35AB, Section 35AB, Section 35AB, Section 35AB of the Act, Section 35AB, Section 35AB, the Explanation to Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 32, the Income Tax Act, Section 35AB, Section 32, Section 35AB, Section 32, Section 32, Section 250, Section 35AB, Section 35AB, Section 35AB, Section 35AB of the Act, Section 35AB of the Act, Section 35AB of the Act, Section 35AB, Section 35AB, Section 35AB of the Act, Section 35AB of the Act, Section 35AB, Section 35AB, Section 32, Section 35AB of the Act, Section 35AB of the Act, Section 32A, Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 35AB, Section 35AB of the Act, Section 35AB of the Act.24, Section 35AB, Section 35AB, Section 35AB, Section 35A, Section 35A of the Act, Section 35A, Section 32, the Income Tax Act, Section 37(1, Section 35A, Section 35A, Section 35A, the Income Tax Act, Section 35A of the Act, Section 37, the Income Tax Act, Section 35A, Section 32, the Income Tax Act, Section 35A, Section 35A, Section 32, the Income Tax Act, Section 37, the Income Tax Act, Section 35A, the Income Tax Act, Section 35A of the Act, the Income Tax Act, Section 35A, the Income Tax Act, the Income Tax Act, the Trademark Act, Section 35A, the Income Tax Act, the Income Tax Act, Section 32, the Income Tax Act, Section 37, the Income Tax Act, Section 32, the Income Tax Act, Section 35A, the Income Tax Act, Section 32, Section 3 5A, the Income Tax Act, Section 36(1)(iii, Section 36(1)(iii, the Income Tax Act, Section 37, The Section 36, Section 36(1)(iii, Section 36(1)(iii, the Income Tax Act, Section 36(1)(iii, Section 36(1)(iii, the Income Tax Act, ITD 1, Section 10(2)(xv, Section 36(1)(iii, Section 35AB, Section 35AB, Section 35A, Section 35A

CARDINAL: 1, 1, 2, 23, 385, 137, 879, 3, 2,42,85,714, 4, 17, 34, 2,44,85,714, 1 to 3, 35AB, 35A, 23, 4, 23, 137, 23, 385, 137, 4.1, 5., 19-2-2001, 6., 24-4-2001, 66, 17, 8., 5, 187, 156, 199, 9, 1, 2,500, 30, 25, 1A and 1B, 17, 1A, 34, about 350, 4, 25, 1A and 1B, 17, 5, 471, 23-3-1998, 19 to 22, II, 23 to 127, 1, 53 to 59, 1, 1, over 350, 350, 31-10-2000, 11-11-2000, 80 to 85, 152, 80, 152, 142, 421, 12, 146, 130, 140, 12, 13, two, one, 48, 17, 34, 3-10-1997, 48 to 52, 1, 53 to 59, 23-3-1998, 1, 2 to 18, 16-11-1999/17, 138, 172, 173 to 180, II, 86 to 89, 1, only one, 17, 136, 137, II, 17, 23-3-1998, 4 to 8, 4, 5, 6, 8, 35AB, 2, one-sixth, five, 2, 1, 2B, one-third, two, 3, 1/6th, five, 1, 152, 152, 142, 421, 12, 156, 130, two, 1, 1/6th, two, 1, 2, 17, 953, 91, 91, two, two, 34, 34, two, 478, one, 35, 1-4-1998, 4, 30, 51, 26, 25, 26, 72, 40, 84,633, 1922.43, 139/2002.Through, 1., 1.50, 2., 1., one-fifth, 1.50, 30, 7,50,000, 1., 17, 17, 2., 1., 3, 34, 34, 2., 1., 6, 1, 2, 1,50,00,000, 7,50,000, 30, one, 1.5, at least 1/5th, 7,50,000, 1/5th, 1,50,00,000, 30, 30, 3 to 5

ORG: the Commissioner (Appeals, the Commissioner (Appeals, Commissioner (Appeals, M/s. Ambalal Sarabhai Enterprises Ltd., CIT, ITR, M/s. Ambalal Sarabhai Enterprises, ASE, Piramal Enterprises Ltd., PEL, Compact Pharma Ltd., Sarabhai Piramal Pharmaceuticals Ltd., ASE, ASE, Shri Chetan Desai, Shri D.D. Nanavati, ASE, the Commissioner (Appeals, the Commissioner (Appeals, ASE, ASE, the Apex Court, CST, SC, Calcutta High Court, CIT, A. Mukherjee &amp, Co.(P) Ltd., Reliance, the Bombay High Court, CIT, the Commissioner (Appeals, ASE, the Commissioner (Appeals, the Commissioner (Appeals, the Commissioner (Appeals, the Supreme Court, CST, the Jurisdictional High Court, ITR, ASE, ASE, The Hon'ble Supreme Court, CST, SC, CIT, ITR, Commissioner (Appeals, the Supreme Court, CIT v. Mahalaxmi Textile Mills Ltd., SC, the Commissioner (Appeals, The Supreme Court, Jute Corporation of India Ltd., CIT, ITR 688, SC, CIT, ITR, The Bombay High Court, the Commissioner (Appeals, The Bombay High Court, Ahmedabad Electricity Co. Ltd., CIT, Commissioner (Appeals, the Supreme Court, Scientific Engg, House, CIT 157 ITR 86, SC, the Supreme Court, The Supreme Court, the Supreme Court, ASE, the Supreme Court, Mahalaxmi Textile Mills Ltd., Jute Corporation of India Ltd., Western Rolling Mills, P) Ltd., Ahmedabad Electricity Co. Ltd., Tribunal, ASE, ASE, Departmental Representative, ASE, ASE, ASE, PEL, JVC, ASE, PEL, JVC, ASE, ASE, JVC, JVC, Sarabhai Piramal Pharmaceuticals Ltd., JVC, ASE &, PEL, JVC, ASC, JVC, ASE, JVC, the Memorandum of Understanding, JVC, ASE, JVC, JVC, JVC, JVC, ASE, JVC, JVC, ASE, ASE, JVC, JVC, JVC, ASE, ASE, ASE, ASE, JVC, ASE, JVC, Finance, ITR, ITR, ITR, CIT, CIT, ASE, ASE, JVC, BBC Industries Ltd., CIT, JVC, JVC, ASE, ASE, JVC, ASE, JVC, ASE, JVC, ASE, JVC, ASE, JVC, JVC, ASE, JVC, JVC, ASE, JVC, ASE, SSN Gupta, Memorandum of Association, JVC, ASE, JVC, JVC, ASE, PEL, JVC, ASE, PEL, ASE, ASE, ASE, JVC, PEL, JVC, the Apex Court, Scientific Engg, House, CIT .The, ASE, JVC, ASE, PEL, JVC, ASE, PEL, JVC, JVC, JVC, JVC, JVC, ASE, ASE, ASE, ASE, ASE, JVC, ASE, JVC, ASE, ASE, ASE, the Drugs and Cosmetics Act, ASE, ASE, ASE, MOU, ASE, ASE, JVC, ASE, JVC, The Shareholder Agreements, ITR, ITR, ITR, Madhya Pradesh High Court, Bright Automotives &amp, Plastics Ltd., the High Court, Drilcos India, P) Ltd., Lordships, the Apex Court, A. Mukherjee &amp, Co., P) Ltd., CIT, Anglo French Drug Co., Eastern) Ltd., the Bombay High Court, ASE, ASE, ASE, ASE, High Courts, Drilcos India, P) Ltd., High Courts, the Commissioner (Appeals, Act, the Apex Court, Sitalpur Sugar Works Ltd., CIT 27, Government, Emphasis, Tribunal, BPL Refrigeration Ltd., Asstt, CIT, ITD 203, Tribunal, the Apex Court, Astra Pharmaceuticals, CCE, the Central Government, the Trade and Merchandise Marks Act, the Hon'ble Apex Court, the Trade and Merchandise Marks Act, the Apex Court, Sumat Prasad Jain, Scientific Engg, House, CIT, JVC, Agarwal, the Apex Court, Empire Jute Co. Ltd., CIT, the Apex Court, Alembic Chemical Works Co. Ltd., CIT, BPL Refrigeration Ltd., Asstt, CIT, ITD 203, Departmental Representative, Departmental Representative, ASE, ASE, the Commissioner (Appeals, the Apex Court, Astra Pharmaceuticals, Lordships, the Central Government, the Trade and Merchandise Marks Act, the Trade and Merchandise Marks Act, the Drug Rules, the "House Marks, Brand, Indo-French Pharmaceutical Co. v. Union of India, ELT, the Madras High Court, Sumat Prasad Jain v. Sheojanan Prasad, the Apex Court, High Courts, the Apex Court, High Courts, ASE, the Apex Court, Alembic Chemical Works Co. Ltd., the Alembic Chemical Works Co. Ltd., CIT, the Commissioner (Appeals, Commissioner (Appeals, ASE, the Commissioner (Appeals, the Calcutta High Court, CIT, Rajeev, the Income Tax Act.41, Tribunal, CIT, Associated Fibre &, Rubber Industries, Tata Chemicals Ltd., CIT, the Mumbai High Court, CIT v., Tata Chemicals Ltd., the Apex Court, India Cements Ltd., CIT, the Industrial Finance Corporation, the Indian Income Tax Act, the Indian Income Tax Act, the Commissioner (Appeals, the Commissioner (Appeals, the Ground of Appeal No, interest.46, the Commissioner (Appeals, NPIL, NPIL, The Commissioner (Appeals, the Apex Court, Madras Industrial Investment Corpn. Ltd., CIT, Tribunal, the Commissioner (Appeals

DATE: 1961, 1961, 1961, 1961, the year, the assessment year, the year, 14-9-2000, 1969, 1969, the financial year 1997-98, 4-12-1997, 76, 1985, 1994, 1999, 1997, 1999, 19-9-2000, 1940, 1940, any previous year, previous year, previous years, the previous year, that year, previous years, any previous year, previous year, previous years, 76, 1985, 6 years, the previous year, the subsequent year, previous year, year, 1291, 2004, 1958, 2004, 1958, 1978, 1999, the impugned assessment year, the year, 1999, 42, the instant assessment year, 1922, one assessment year, 5 years, one year, year 1998-99, year 1998-99, year 1998-99, five years, five years, five years, five years, 47, five years

PERSON: Sukhdeo, Neo Pharma, Ground Nos, Shri S.S.N. Gupta, Manager- Accounts, Shri Rajul Shah, Sukhdeo, Addl, Neo Pharma, Sukhdeo, Neo Pharma, Sukhdeo, Neo Pharma, dismissed.8, C.S. Agarwal, Agarwal, JVC, Agarwal, Agarwal, Agarwal, Agarwal, Agarwal, Neo Pharma, Agarwal, Agarwal, Agarwal, and/or labels, Dot, Sukhdeo, Neo Pharma, Agarwal, Agarwal, Law Lexicon, Gazette, Agarwal, Sheojanan Prasad Lordships, account.32, Law Lexicon, Law Lexicon, Gazette, Mum, Ground Nos, Banks

GPE: Baroda, assessee, Mumbai, India, assessee, assessee, Drilcos, India, IA, IA, Counsel, assessee, Counsel, Narayan, Kanoria, assessee

PRODUCT: Shri Shirish Shah, 710, 35AB, Shareholders, JVC, Agreement

NORP: ITAT, Trademark, Indian, Trademarks, Rules, Rules, Rules, Explanations, Trademarks

ORDINAL: first, first, third, third, third, third, third, third, first

WORK_OF_ART: III, Agreement for Manufacture, II, Applications, II, this Memorandum of Understanding, this Memorandum of Understanding, this Memorandum of Understanding, House, Book on Trademark and, Product Marks

FAC: Shareholder Agreement, the Ground No, the Ground Nos

MONEY: 2.5 per cent, 5 per cent