Case Laws Analysis Followed CIT v. Max India Ltd. 2007 TaxPub(DT) 1548 (SC) Relied Exide Industries Ltd. & Anr. v. UOI & Ors. 2007 TaxPub(DT) 1321 (Cal-HC) Relied Bharat Earth Movers v. CIT 2000 TaxPub(DT) 1505 (SC) Followed Malabar Industrial Co. Ltd. v. CIT 2000 TaxPub(DT) 1227 (SC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers2016 TaxPub(DT) 5162 (Ker-HC) : (2016) 389 ITR 0407 SUBSCRIBE FOR FULL CONTENT