WebBombay High Court, in the case of CIT vs. Godavari Saraf reported in 119 ITR 539 held that until contrary decision is given by any other competent High Court, which is binding on a Tribunal in the relevant State, it has to proceed on the footing that the law declared by the High Court, though of another State, is the final law of the land ... WebHence they are covered by the ratio of our judgment dt. 16th June, 1992 in ITA No. 557 of 1991 in the case of CIT vs. Godavari Sugar Mills Ltd. For the reasons stated therein, …
Niko Resources Ltd.,, Baroda vs Assessee on 22 September, 2011
WebCIT vs. The KCP Limited (Andhra Pradesh High Court) S. 37 (1)/145 (2): Entire law on accrual of liability under mercantile system of accounting explained in the context of Accounting Standard 4 (AS-4) (contingencies and events occurring after the balance sheet date) issued by the ICAI and s. 211 of the Companies Act, 1956, after referring to ... WebFebruary 2015, passed by the learned CIT(A) in the matter of assessment under section 143(3) r.w.s. 147 of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’), for the … cmit microphone
COMMISSIONER OF INCOME TAX V. GODAVARIDEVI SARAF
WebSuch a High Court being a non-jurisdictional High Court does not alter the position as laid down by Hon'ble Bombay High Court in the matter of CIT vs. Godavari Devi Saraf ([1978) 113 ITR 589 (Bom)] and as analysed by a coordinate bench of this Tribunal in the case of ACIT Vs Aurangabad Holiday Resorts Pvt Ltd [(2009) 118 ITD 1 (Pune)]." WebSep 21, 2010 · ...CIT v. Smt. Godavaridevi Saraf [1978] 113 ITR 589, for the proposition that the Tribunal should take notice of the aforesaid decisions...prescription of the time … WebApr 8, 2024 · (This judgement can be used and is applicable across the country. Decision of any High Court is binding on all subordinate authorities and Tribunals through out India untill contrary view is taken by respective parent HC – CIT vs. Godavari Saraf, Bom HC) cafe hickling