Case Laws Analysis Relied on Ninaidevi Shikshan Prasarak Mandal v. ITO 2021 TaxPub(DT) 3500 (Pune-Trib) Relied on Nishantkantilal Patel v. ITO 2021 TaxPub(DT) 0943 (Sur-Trib) Relied on H.M. Constructions v. Asstt. CIT 2020 TaxPub(DT) 5537 (Karn-HC) Followed on Asstt. CIT v. R & B Infra Projects (P.) Ltd. 2018 TaxPub(DT) 7018 (Mum-Trib) Relied on Venu Myneni v. ITO (International Taxation) 2018 TaxPub(DT) 3652 (Hyd-Trib) Relied on Chitra Agarwal v. Asstt. CIT 2017 TaxPub(DT) 4909 (Mum-Trib) Relied on EIH Ltd. v. Dy. CIT 2015 TaxPub(DT) 5066 (Kol-Trib) Followed on Asstt. CIT v. Mohd. Ayub Mohd. Yaqub Perfumers (P) Ltd. 2015 TaxPub(DT) 4722 (Luck-Trib) Applied on Yogiraj Sharma v. Asstt. CIT 2015 TaxPub(DT) 2046 (Ind-Trib) Applied on ITO v. Neelkanth Finbuild Ltd. 2015 TaxPub(DT) 1366 (Del-Trib) Distinguished on ITO v. Janus Investments (P) Ltd. 2015 TaxPub(DT) 0725 (Mum-Trib) Applied on CIT v. Ajay Kapoor 2013 TaxPub(DT) 2264 (Del-HC) Distinguished on Fabindia Overseas (P) Ltd. v. Dy. CIT 2011 TaxPub(DT) 1480 (Del-Trib) Applied on Baijnath Agarwal v. Asstt. CIT 2010 TaxPub(DT) 1810 (Agra-Trib) Relied on Baijnath Agarwal v. Asstt. CIT 2010 TaxPub(DT) 1810 (Agra-Trib) Relied CIT v. Pragati Co-Operative Bank Ltd. 2005 TaxPub(DT) 1694 (Guj-HC) Applied CIT v. Janki Textiles & Industries Ltd. 2003 TaxPub(DT) 1321 (Gau-HC) Applied CIT v. La Medica 2001 TaxPub(DT) 1244 (Del-HC) Applied R.B. Mittal v. CIT 2000 TaxPub(DT) 1494 (AP-HC) Distinguished D.K.B. & Co. v. CIT 1998 TaxPub(DT) 1006 (Ker-HC) Applied Jayanti Lal Patel v. Assistant CIT & Ors. 1998 TaxPub(DT) 0901 (Raj-HC) Followed CIT v. Shadi Lal Puri 1995 TaxPub(DT) 0946 (P&H-HC) Distinguished Marwari Stores v. CIT 1995 TaxPub(DT) 0485 (Pat-HC) Applied CIT v. Vindraban Chitra Mandir 1994 TaxPub(DT) 0807 (All-HC) Relied S.K. Sanderson (Minerals) Ltd. v. CIT 1992 TaxPub(DT) 0147 (Cal-HC) Relied Padinjarekara Agencies (P) Ltd. v. CIT 1988 TaxPub(DT) 1124 (Ker-HC) Relied CIT v. Baijnath 1985 TaxPub(DT) 0351 (P&H-HC) Relied CIT v. Baij Nath 1984 TaxPub(DT) 1135 (P&H-HC) Relied Singhai Ayodhya Prasad Lakhpat Rai v. CIT 1984 TaxPub(DT) 0665 (All-HC) Relied Arya Confectionery Works v. CIT 1983 TaxPub(DT) 0329 (MP-HC) Relied CIT v. Mugneeram Bangur & Co. 1983 TaxPub(DT) 0237 (Cal-HC) Relied Sukhdayal Rambilas v. CIT 1982 TaxPub(DT) 1012 (Bom-HC) Followed Prakash Narain v. CIT 1982 TaxPub(DT) 0277 (All-HC) Followed Groz-Beckert Saboo Ltd. v. CIT 1981 TaxPub(DT) 0419 (P&H-HC) Relied CIT v. Mahalakshmi Textiles Mills Ltd. 1975 TaxPub(DT) 0200 (Mad-HC) Distinguished Hari Chand & Prem Chand Bassi v. CIT 1974 TaxPub(DT) 0261 (Del-HC) Followed on Sree Meenakshi Mills Ltd. v. CIT 1957 TaxPub(DT) 0052 (SC) Followed on Mehta Parikh & Co. v. CIT 1956 TaxPub(DT) 0171 (SC) Followed on Dhirajlal Girdharilal v. CIT 1954 TaxPub(DT) 0120 (SC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers1973 TaxPub(DT) 0323 (SC) : (1973) 087 ITR 0349 : (1972) 001 CTR 0411Commissioner of Income-Tax (Central), Calcutta v. Daulat Ram Rawatmull.Civil Appeals Nos. 1133 and 1134 of 1969, SUBSCRIBE FOR FULL CONTENT