Case Laws Analysis Relied on Sethia Finance Trading Co. v. ACIT 2017 TaxPub(DT) 4465 (Kol-Trib) Relied on India Finance Ltd. v. CIT 2015 TaxPub(DT) 4425 (Kol-Trib) Distinguished CIT v. Infosys Technologies Ltd. 2012 TaxPub(DT) 0910 (Karn-HC) Relied CIT v. Max India Ltd. 2007 TaxPub(DT) 1548 (SC) Distinguished CIT v. Ralson Industries Ltd. 2007 TaxPub(DT) 0875 (SC) Relied Malabar Industrial Co. Ltd. v. CIT 2000 TaxPub(DT) 1227 (SC) Distinguished CIT v. M.M. Khambhatwala 1992 TaxPub(DT) 0902 (Guj-HC) SUBSCRIBE FOR FULL CONTENT The Tax PublishersIT Appeal Nos. 168 of 2011 and GA No. 1541 of 20122014 TaxPub(DT) 2646 (Cal-HC) : (2014) 366 ITR 0593 : (2014) 270 CTR 0405 : (2014) 105 DTR 0177 SUBSCRIBE FOR FULL CONTENT