Case Laws Analysis Relied on Sharda Lab (P). Ltd. v. ITO 2022 TaxPub(DT) 1362 (Mum-Trib) Distinguished on Raju Bhupendra Desai v. ITO 2021 TaxPub(DT) 3608 (Guj-HC) Followed on Gopal Extrusions (P) Ltd. v. ITO 2021 TaxPub(DT) 1481 (Pune-Trib) Relied on ACIT v. Kaizen Engineering Systems (P) Ltd. 2021 TaxPub(DT) 1339 (Mum-Trib) Relied on Krishnaping Alloys Ltd. v. ACIT 2020 TaxPub(DT) 3914 (Mum-Trib) Supported by on DCIT v. Sam Portfolio (P) Ltd. 2020 TaxPub(DT) 1278 (Del-Trib) Supported in DCIT v. Sam Portfolio (P) Ltd. 2020 TaxPub(DT) 1278 (Del-Trib) Distinguished on Anand Developers v. Asstt. CIT 2020 TaxPub(DT) 1222 (Bom-HC) Distinguished on Umesh Kumar Tyagi v. ITO 2019 TaxPub(DT) 7907 (Del-Trib) Relied on DCIT v. ICICI Bank Ltd. 2019 TaxPub(DT) 4796 (Mum-Trib) Followed on Hinduja Foundation v. ITO 2019 TaxPub(DT) 2095 (Bom-HC) Relied on DCIT v. Powerlink Transmission Ltd. 2019 TaxPub(DT) 1386 (Del-Trib) Relied on Shailesh S. Patel v. ITO 2018 TaxPub(DT) 8044 (Ahd-Trib) Followed on DCIT v. Erawat Infotech (P) Ltd. 2018 TaxPub(DT) 7273 (Del-Trib) Relied on CIT v. Rameshwar Prasad Sharma 2018 TaxPub(DT) 4375 (Raj-HC) Followed on Avcon Controls P. Ltd. v. DCIT 2018 TaxPub(DT) 2980 (Mum-Trib) Referred on Kiran Ravjibhai Vasani v. ACIT 2018 TaxPub(DT) 2795 (Guj-HC) Followed on Rakesh Gupta v. CIT 2018 TaxPub(DT) 2542 (P&H-HC) Followed on Keshav Lila v. Asstt. CIT 2018 TaxPub(DT) 2386 (Ind-Trib) Followed on Mircon Infrastructure (P) Ltd. v. ITO 2018 TaxPub(DT) 2232 (Mum-Trib) Relied on State Bank of India v. Asstt. CIT 2017 TaxPub(DT) 5325 (Mad-HC) Followed on Pradeep Dayanand Kothari v. Asstt. CIT 2016 TaxPub(DT) 2888 (Chen-Trib) Relied on Olwin Tiles (India) (P) Ltd. v. Dy. CIT 2016 TaxPub(DT) 0896 (Guj-HC) Relied on Dell India (P) Ltd. v. Jt. CIT & Anr. 2015 TaxPub(DT) 2897 (Karn-HC) Relied on Dy. CIT v. Kumar Traders & Ors. 2015 TaxPub(DT) 1492 (Kol-Trib) Relied on Consulting Engineering Corporation v. Jt. DIT (OSD) 2014 TaxPub(DT) 4170 (Del-Trib) Relied on Rohilkhand Educational Charitable Trust v. Chief CIT & Ors. 2014 TaxPub(DT) 1391 (All-HC) Followed on Rabo India Finance Ltd. v. Dy. CIT 2014 TaxPub(DT) 1244 (Bom-HC) Distinguished on Shree Om Builders and Colonizers v. Asstt. CIT 2013 TaxPub(DT) 1687 (Raj-HC) Relied on Delhi Industries & Enterprises v. Assistant Commissioner of Income Tax 2013 TaxPub(DT) 0137 (Del-Trib) Applied on Telecommunications Consultants India Ltd. v. Addl. CIT 2012 TaxPub(DT) 2826 (Del-Trib) Distinguished on Bharati Vidyapeeth v. Asstt. CIT 2012 TaxPub(DT) 2160 (Pune-Trib) Applied on Naveen Grah Nirman Sahakari Samiti v. Competent Authority 2011 TaxPub(DT) 0986 (Raj-HC) Followed on Maruti Civil Works v. ITO 2011 TaxPub(DT) 0825 (Pune-Trib) Followed on Cray Research India Ltd. v. Jt. CIT 2011 TaxPub(DT) 0586 (Del-Trib) Relied on Janak Dehydration (P) Ltd. v. Asstt. CIT 2010 TaxPub(DT) 2292 (Ahd-Trib) Relied on CIT v. Nalwa Sons Investments Ltd. 2010 TaxPub(DT) 2208 (Del-HC) Relied on Jagjit Pal Singh Anand v. CIT 2010 TaxPub(DT) 1082 (Del-HC) Distinguished on Shankarlal Nagji & Co. & Ors. v. ITO & Anr. 2010 TaxPub(DT) 0338 (Guj-HC) Relied on CIT v. Batra Bhatta Company 2010 TaxPub(DT) 0169 (Del-HC) Relied on Coca Cola India Inc. v. Asstt. CIT & Ors. 2009 TaxPub(DT) 1195 (P&H-HC) Distinguished on Smt. Mira Ananta Naik & Ors. v. Dy. CIT (Investigation) & Ors. 2009 TaxPub(DT) 0783 (Bom-HC) Relied on ITO v. Chandigarh Theatres (P) Ltd. 2009 TaxPub(DT) 0521 (Chd-Trib) Relied Assistant CIT v. Banswara Syntex Ltd. 2005 TaxPub(DT) 0671 (Raj-HC) Relied Ratnachudamani S. Utnal v. Income Tax Officer 2004 TaxPub(DT) 1678 (Karn-HC) Distinguished Biswanath Tea Co. Ltd. v. Deputy CIT 2004 TaxPub(DT) 1377 (Cal-HC) Relied Rawatmall Mohanlal v. Income Tax Officer 2004 TaxPub(DT) 0170 (Cal-HC) Relied Income Tax Officer v. Electro Steel Castings Ltd. 2003 TaxPub(DT) 1349 (Cal-HC) Relied Devgon Rice & General Mills v. CIT & Anr. 2003 TaxPub(DT) 0959 (P&H-HC) Relied Swaraj Engine Ltd. v. Assistant CIT & Anr. 2003 TaxPub(DT) 0409 (P&H-HC) Followed Ispat Industries Ltd. v. Deputy CIT 2002 TaxPub(DT) 0651 (Cal-HC) Relied Hindustan Aluminium Corporation Ltd. v. Income Tax Officer & Ors. 2002 TaxPub(DT) 0435 (Cal-HC) Relied Gurera Gas Cylinders (P) Ltd. v. CIT & Anr. 2002 TaxPub(DT) 0138 (P&H-HC) Relied Mulchand Rampuria v. Income Tax Officer & Anr. 2001 TaxPub(DT) 1592 (Cal-HC) Relied Ved Parkash Nagori v. Income Tax Officer 2001 TaxPub(DT) 1417 (P&H-HC) Relied Bhajan Lal v. CIT & Anr. 2001 TaxPub(DT) 0960 (P&H-HC) Relied Grover Nursing Home v. Income Tax Officer & Ors. 2001 TaxPub(DT) 0718 (P&H-HC) Relied Bal Ram Jakhar v. CIT 2001 TaxPub(DT) 0694 (P&H-HC) Relied Kapoor Brothers v. Union of India & Ors. 2001 TaxPub(DT) 0665 (Pat-HC) Relied Mahanagar Telephone Nigam Ltd. v. Chairman, Central Board of Direct Taxes & Anr. 2000 TaxPub(DT) 1517 (Del-HC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers1999 TaxPub(DT) 0348 (SC) : (1999) 236 ITR 0034 : (1999) 152 CTR 0418Raymond Woollen Mills Ltd. v. Income Tax Officer & Ors. SUBSCRIBE FOR FULL CONTENT