GST Course
CA Final Online Classes
CA Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Section 256 of the Income-tax Act, 1961

LinkedIn


Court :
HIGH COURT OF DELHI

Brief :

Citation :
Commissioner of Income-tax v. BHEL MADAN B. LOKUR AND S. MURALIDHAR, JJ. IT REFERENCE NO. 190 OF 1984

HIGH COURT OF DELHI Commissioner of Income-tax v. BHEL MADAN B. LOKUR AND S. MURALIDHAR, JJ. IT REFERENCE NO. 190 OF 1984 December 18, 2007 Section 256 of the Income-tax Act, 1961 - High Court - Reference to - Assessment year 1974-75 - Revenue sought reference against order of Tribunal holding that order passed by Government of India and section 396 of Companies Act, 1956 losses of amalgamating company should form part of losses of amalgamated company was operative and that two companies were not separate assessee as when corporate veil of amalgamating company and amalgamated company was lifted it was found that shareholders of said two companies were same - Whether since revenue had not obtained approval of Committee on Disputes to pursue litigation, reference was to be returned unanswered - Held, yes
 

C.rajesh
on 04 April 2008
Published in Income Tax
Views :
Report Abuse

LinkedIn







Trending Tags