Case Laws Analysis Relied on R.S. Shares & Securities Ltd. v. ITO 2021 TaxPub(DT) 0714 (Del-Trib) Relied on Aakshi Bajaj v. ITO 2020 TaxPub(DT) 2743 (Del-Trib) Followed on Gaurav Joshi v. ITO 2019 TaxPub(DT) 2293 (Asr-Trib) Relied on Dy. CIT v. VSB Investment Pvt. Ltd. & Vice Versa 2018 TaxPub(DT) 0156 (Del-Trib) Relied on Vadilal Dairy International Ltd. v. Asstt. CIT 2015 TaxPub(DT) 0809 (Ahd-Trib) Distinguished on CIT v. Mohmed Juned Dadani 2013 TaxPub(DT) 0967 (Guj-HC) Distinguished on Majinder Singh Kang v. CIT & Anr. 2012 TaxPub(DT) 2028 (P&H-HC) Applied on Shukla Construction Company v. Asstt. CIT 2009 TaxPub(DT) 0560 (Ind-Trib) Relied on International Society for Krishna Consciousness v. Dy. Director of Income-tax (Exemptions) 2008 TaxPub(DT) 2283 (Bang-Trib) Relied CIT v. Smt. Binda Devi 2005 TaxPub(DT) 1395 (P&H-HC) Concurred with Bharat Commerce and Industries Ltd. v. Union of India & Ors. 1991 TaxPub(DT) 0481 (Del-HC) Followed on Additional CIT v. Ganeshilal Lal Chand 1985 TaxPub(DT) 0459 (Raj-HC) Dissented CIT v. Ahmedabad Manufacturing & Calico Printing Co. Ltd. 1977 TaxPub(DT) 0470 (Guj-HC) Dissented on CIT v. Ahmedabad Manufacturing & Calico Printing Co. Ltd. 1977 TaxPub(DT) 0470 (Guj-HC) Followed on Bankipur Club Ltd. v. CIT 1971 TaxPub(DT) 0386 (SC) Followed on CIT v. A. Raman & Co. 1968 TaxPub(DT) 0197 (SC) Relied on East India Corporation Ltd. v. CIT 1966 TaxPub(DT) 0145 (Mad-HC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers1989 TaxPub(DT) 1149 (P&H-HC) : (1989) 180 ITR 0319 : (1989) 046 TAXMAN 0315Commissioner of Income-Tax v. Atlas Cycle Industries SUBSCRIBE FOR FULL CONTENT