CIT vs Adani Wilmar Ltd.
ALP - CUP Method-Reliable/Authentic Price-Publications-The assessee furnished two sets of prices of comparables quoted by Malaysian Oil Board and an independent German organization. This was relevant mater [LexDoc Id : 463536]
Enforcement Directorate vs Morgan Industries Ltd.
Application seeking condonation of delay of 775 days in filing appeal under s.54-Delay not explained to satisfaction of court, Reasons given not constituting sufficient cause, Vested right accruing in favour of opposite party, Application dismissed-The appellant had moved an application for condonation of delay of 775 days in filing the appeal. The high court held that s.54 of the Foreign Exchang [LexDoc Id : 467976]
3F Industries Ltd. vs JCIT
ALP - Rate of interest-Loan given to AE-A.Y. 2008-2009 to 2009-2010. The assessee borrowed from Exim Bank at 12.75% p.a and also took working capital loan at 7% p.a. In turn it gave loan to [LexDoc Id : 465327]
Adobe Systems Software Ireland Ltd. vs ADIT
Duty of Assessee-Filing return in response to notice under s.148-A.Y. 2004-2005 to 2006-2007. The assessee was under a duty to file a return in response to a notice even if in his opinion he had no taxable income.LexDoc Id : 464971]
Adaptec India (P) Ltd. vs ACIT
Directions of DRP (Dispute Resolution panel)-Binding nature of directions-
A.Y. 2008-2009. The direction of DRP are binding on AO and are to be followed by him.
S.144(5) of the Income Tax Act 1961 [LexDoc Id : 463379]
