Case Laws Analysis Followed on Vyline Glass Works Ltd. v. Asstt. CWT 2015 TaxPub(DT) 2114 (Mad-HC) Followed on Lakshmi Sugar Mills Co. Ltd. & Ors. v. CIT & Anr. 2013 TaxPub(DT) 1840 (Del-HC) Distinguished on Lachman Dass Bhatia Hingwala (P) Ltd. v. Asstt. CIT 2011 TaxPub(DT) 1056 (Del-HC) Followed on CIT v. Nirajan K. Zaveri 2009 TaxPub(DT) 1426 (Guj-HC) Affirmed Asstt. CIT v. Saurashtra Kutch Stock Exchange Ltd. 2008 TaxPub(DT) 2300 (SC) Dissented from CIT v. Honda Siel Power Products Ltd. 2007 TaxPub(DT) 0645 (Del-HC) Followed on Suhrid Geigy Ltd. v. Commissioner of Surtax 1999 TaxPub(DT) 0851 (Guj-HC) Followed on Parshuram Pottery Works Co. Ltd. v. D.R. Trivedi, Wealth Tax Officer & Anr. 1975 TaxPub(DT) 0002 (Guj-HC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers2003 TaxPub(DT) 1165 (Guj-HC) : (2003) 262 ITR 0146 : (2003) 183 CTR 0364 : (2003) 130 TAXMAN 0316Asstt. CIT v. Saurashtra Kutch Stock Exchange Ltd. SUBSCRIBE FOR FULL CONTENT