Inventorying - Judgment Search Results

Palitana Sugar Mills Pvt. Ltd. and anr. Vs. Smt. Vilasiniben Ramachand ...

Court: Supreme Court of India

Reported in: AIR2007SC1701; 2007(2)AWC1838(SC); JT2007(5)SC83; (2007)3MLJ735(SC); 2007(4)SCALE514

..... by assessee was unsustainable as 2 deals with valuation of inventories inventories are assets held for sale in the course of business ..... conversion and other costs including costs incurred in brining the inventory to their present location and condition for the purposes of ..... should not be included in the cost of purchase of inventories even institute of chartered accountants of india icai has issued .....

Deepak Chhabra Vs. Ito

Court: Income Tax Appellate Tribunal ITAT Delhi

that the case was essentially one of valuation of the inventorised items for the purpose of making an addition where there

Vallabh Alloys (Private) Limited Vs. Himachal Pradesh Financial Corpor ...

Court: Himachal Pradesh

Reported in: I(2008)BC536

v k ahuja j 1 this is an appeal filed by the appellant against the judgment and decree passed by...

ibm Global Services India (P) Ltd. Vs. Deputy Commissioner of Income T ...

Court: Income Tax Appellate Tribunal ITAT

Reported in: (2008)113TTJ(Bang.)747

..... the parties hereto agree as follows a sell all maintenance spares and accessories comprising inventory of tata ibm relating to ibm computers b facilitate transfer of its personnel of ..... the institute has mentioned specific items which are to be excluded from the cost of inventories these include administrative overheads and selling and distribution costs foreign exchange fluctuations are to .....

In Re: Stiffel Und Schuh (India) Ltd. (In Liquidation)

Court: Kolkata

Reported in: [2008]146CompCas119(Cal),[2009]96SCL42(Cal)

..... records of the company in liquidation maintained by the official liquidator when compared to the inventory list prepared by the official liquidator at the time of taking possession of the company ..... on behalf of the official liquidator that if indeed there was a revaluation of the inventories and the more realistic value thereof was indicated upon revaluation the recording thereof ought to .....

Assistant Commissioner of Income Vs. Asea Brown Boveri Ltd.

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2007)11TTJ(Mum.)502

..... have to be split into three parts namely i sale consideration allocable to the inventories ii sale consideration allocable to depreciable assets and iii remaining amount of sale consideration ..... not allocable to inventories and non depreciable assets the ao is directed to compute the capital gains arising .....

Shri Surendra Goyal Vs. Nile Aqua Faucets P. Ltd. and ors.

Court: Company Law Board CLB

Reported in: (2008)142CompCas634

the respondents declaration at pg 68 70 of their reply inventories at the time of the shifting were prepared which are

Deepak Nitrite Limited Vs. the Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

..... cost incurred in the normal course of business in bringing the inventories upto the present condition or at the net realizable value is ..... costs by adopting average unit cost method for this year this inventory is valued by allocating the costs to the joint products by ..... even otherwise also it would be a diminution in value of inventories and for the reasons stated it would increase the book profit .....

Amadeus Global Travel Vs. Dy. Commissioner of Income-tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2008)113TTJ(Delhi)767

1 appeals no 2143 2144 amp 2145 del 2000 are directed against the common order of the learned commissioner of...

Old Navy (itm) Inc. and ors., Vs. Deepa Surekha and ors.

Court: Delhi

Reported in: 2007(99)DRJ577; LC2007(3)528; 2008(37)PTC197(Del)

sanjay kishan kaul j 1 the plaintiffs in the three suits have filed similar claims alleging infringement and passing off...