September 2012

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Bombay H.C : The ITAT was justified in confirming the allocation of Research and Development expenses incurred by the Head Office among the four manufacturing units on the presumption that the expenditure so incurred is for the benefit of these manufacturing units, when in fact such research conducted had no connection with the business of the said units, nor any benefit is received by them from the said research

High Court Of Bombay Zandu Pharmaceuticals Works Limited vs. CIT Section 143(1)(a), 80-I Asst. Year 1993-1994 S. J. Vazifdar &

Sec. 142(2A), Section 142

Delhi H.C : Delhi Development Authority, a statutory body/authority was created by the Delhi Development Act, 1957, to promote and secure development of Delhi, has filed these writ petitions against the Income Tax Authorities namely Assessing Officer and the Director of Income Tax (Exemptions)/Commissioner of Income Tax (Exemptions) who have given directions or approval for initiation of special audit under Section 142(2A)

High Court Of Delhi Delhi Development Authority And Another vs. Union Of India And Another Section 142(2A) Asst. Year 2003-04

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