Case Laws Analysis Followed on Aisect Ltd. v. ITO 2021 TaxPub(DT) 3874 (Ind-Trib) Relied on Dy. CIT v. Camphor & Allied Products Ltd. 2021 TaxPub(DT) 1547 (Ahd-Trib) Relied on Dwarka Prasad Tayal v. ITO 2020 TaxPub(DT) 4865 (Ind-Trib) Followed on Haji Ali & Sons v. ITO 2020 TaxPub(DT) 3511 (Ahd-Trib) Followed on Grand Lilly Motels Ltd. v. Asstt. CIT 2020 TaxPub(DT) 1345 (Asr-Trib) Relied on DCIT v. Mehul T. Desai 2019 TaxPub(DT) 0218 (Ahd-Trib) Followed on Jigarkumar Navinchandra Soni v. ACIT 2018 TaxPub(DT) 6982 (Ahd-Trib) Distinguished on Sampada Homes v. Asstt. CIT 2018 TaxPub(DT) 6048 (Hyd-Trib) Relied on Sunil Gupta v. Dy. CIT 2015 TaxPub(DT) 5006 (Chd-Trib) Relied on Kantial P. Shah v. ACIT 2015 TaxPub(DT) 4516 (Ahd-Trib) Followed on CIT v. Leo Formulations (P.) Ltd. 2014 TaxPub(DT) 1700 (Guj-HC) Followed on Jyotichand Bhaichand Saraf & Sons (P.) Ltd. v. Dy. CIT 2013 TaxPub(DT) 0044 (Pune-Trib) Followed on Dy. CIT v. Panna Corporation 2012 TaxPub(DT) 3269 (Guj-HC) Relied on Guruprerna Enterprises v. Asstt. CIT 2011 TaxPub(DT) 2098 (Mum-Trib) Relied on V.R. Textiles v. Jt. CIT & Anr. 2011 TaxPub(DT) 1773 (Ahd-Trib) Relied on R.R. Caryying Corporation v. Asstt. CIT 2009 TaxPub(DT) 1924 (Ctk-Trib) Concurred with CIT v. Balchand Ajit Kumar 2003 TaxPub(DT) 1199 (MP-HC) Followed CIT v. Balchand Ajit Kumar 2003 TaxPub(DT) 1199 (MP-HC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers2002 TaxPub(DT) 0056 (Guj-HC) : (2002) 258 ITR 0654 : (2000) 158 CTR 0372 : (2002) 124 TAXMAN 0654Commissioner of Income Tax v. President Industries SUBSCRIBE FOR FULL CONTENT