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...Tuticorin Alkali Chemicals and Fertilizers Ltd v. CIT; (1997) 227 ITR 172. The assessee being aggrieved is in appeal before us...Court in Tuticorin Alkali Chemicals(supra) or those which follow the ratio of the Supreme Court in the case of CIT v. Bokaro Steel Ltd...the Supreme Court in Tuticorin Alkali Chemicals (supra). Therefore, in these circumstances it would be incumbent to note the following brief facts as recorded by the authorities below:3.1...
...refining them consists in adding. an aqueous solution of an alkali which will combine with the free fatty acids to form a soap and settle down with it a large amount of suspended and mucilaginous matter...following specification by the Indian Standards Institution:-
"Refined groundnut oil:-Groundnut oil which has been refined by neutralisation with alkali bleached...with fuller earth and/or Activated Carbon', and deodorised with steam, no other chemical agent being used.
refined by neutralisation with alkali, bleached with...
...Tuticorin Alkali Chemicals & Fertilizers Ltd. v. CIT (1997) 6 SCC 117, (1997) 227 ITR 172...
...leviable at different rates for goods received from different manufacturers. The appellant had declared that the goods are manufactured by "CNSG Jilantai Salt Chlori-Alkali Chemical Co. Ltd..."
The revenue claim that the goods are manufactured by "CNSG Jilantai Chlori- Alkali Chemical Co. Ltd " . The claim of revenue is based on the fact that the name of "CNSG Jilantai...Chlori-Alkali Chemical Co. Ltd " was found printed on the bags in which material was packed.
2. Learned Counsel argued that identical matter in respect of goods imported...
...-1983. The respondents who are manufacturers of ink used Alkali Blue Flushing in the preparation of printing ink and the question is whether the said commodity falls within Item 14-I(1)(ii) or 14-D of...:“The Alkali Blue Flushing is used to tone or to tint carbon black for printing ink. It is also used as a paint. No evidence has been produced that it is used in dyeing...
...392, 1983 Tax LR 356 (Cal) and Alkali & Chemical Corpn. of India Ltd. v. CIT...as business expenditure. To the same effect is the decision of the Calcutta High Court in Alkali Chemical Corpn. of India Ltd. (1986) 161 ITR...
...appeal from this finding which is given against it. In any case, this question is now concluded by a decision of this Court in Tuticorin Alkali.... The appellant, however, relied upon the decision of this Court in Tuticorin Alkali Chemicals and Fertilizers Ltd. v. CIT (1997) 6...
.... 46, ITR 144 (SC); Tuticorin Alkali Chemicals & Fertilizers Ltd. v. Commissioner of Income Tax 227 ITR 172 (SC); Kedarnath Jute Manufacturing Co...various courts of law in the cases of Tuticorin Alkali Chemicals and Fertilizers Ltd. v. CIT (1997) 227 ITR 172...
...notices were issued to the applicants alleging that M/s. Lord Chloro Alkali Ltd., Alwar (formerly known as Modi Alkalies & Chemicals Ltd.) were engaged in the manufacture of Hydrogen Gas falling under.... Lord Chloro Alkalies Ltd. Alwar. Penalties of Rs. 1 lakh was imposed on M/s. Lord Chloro Alkali Ltd. and Rs. 50,000/- on the three front companies namely M/s. Alfa Hi-Tech Gaes (P) Ltd. M/s. Ujala...Alkali Ltd. and penalties have also been imposed wrongly on all the applicants. All the four companies are independent companies and they have nothing common between them either in the form of financial...
...be taxed as income from other sources. Reliance was in support of that view placed by the Assessing Officer on a Supreme Court decision in Tuticorin Alkali Chemicals and Fertilizers Ltd. v...
...officer placed reliance on the decision rendered in Tuticorin Alkali Chemicals and Fertilizers Limited v. CIT...), it was held that nexus with the activities cannot be overlooked more so where the income is attributable to or derived from the targeted activity.13. In Tuticorin Alkali Chemicals and...Tuticorin Alkali Chemicals and Fertilizers Ltd. (supra) and analysed the facts and came to opine thus -“That case dealt with the question whether investment of borrowed funds prior to...
...alkali on fat or fat acids and consisting essentially of sodium or potassium salts of fat acids”. One may say that in a sense the two articles with which we are dealing are cleansing agents, but that...process of cleansing is not brought about by the action of alkali on fat.6. Mr. Shah says that vaseline is a fat or a fatty substance; but he has not been able to point out any authority for...that Barium sulphide is an alkali, the absence of the fat in these preparations cannot make either of them a cleansing agent by virtue of the action of alkali on fat. In our opinion, therefore, they...
.... The loan was for the purpose of financing another company, the Alkali and Chemical Corporation of India Limited. ICI (India) Pvt. Ltd. was to invest this amount in the shares of Alkali and Chemical...correspondence that the loan was to be given only for the purpose of buying the shares in Alkali and Chemical Corporation of India Limited. The first instalment of the loan was to be advanced in March..., 1957, and the balance as and when calls were made on the shares sold by Alkali and Chemical Corporation of India Limited. Interest was to be paid at the rate of 1½% above the bank rate but this rate...
...Explanatory Notes at page 497, starch glues, obtained by treating starch with an alkali, fall under Chapter Heading 35.05. In the present case, starch is treated with calcium hydroxide which is an alkali...
...guidelines. She also submits that the ITAT has failed to consider the various decisions of the Apex Court including Tuticorin Alkali Chemicals and Fertilizers Limited vs CIT...amount of interest of Rs.9.35 crores has been added to the preoperative expenditure pending capitalization. 4. The judgment passed in Tuticorin Alkali Chemicals (supra) referred...Supreme Court in Tuticorin Alkali Chemicals (supra) in the facts of the present case. In our opinion on account of the finding of fact returned by the CIT(A) that the funds infused in the assessee by...
...09.03.2021. The aforesaid invoice, packing list and certificate of origin contained a declaration that the goods were manufactured by M / s CNSG Jilantai Salt Chlori-Alkali Chemical Co. Ltd. The...officers who examined the goods found that the bags containing the goods were imprinted with the name M / s CNSG Jilantai Chlori-Alkali Chemical Co. Ltd." Pursuant to this, it appeared that the goods were...the charge of mis declaration as the goods were not manufactured by M/s CNSG Jilantai Salt Chlori-Alkali Chemical Co. Ltd., as per the declaration made by the supplier in all the documents issued by...
...Anti Dumping Duty, while others being subjected to higher rate of duty. The claim of the appellant is that the goods in the present instance were manufactured by M/s. Xinjian Shengxiong Chlor-Alkali Ltd.... (hereinafter called "Alkali Company") which as per the appellant is the manufacture of the goods. However, department is of the view that the exporter claimed that is M/s. Xingzian Zhongtai Chemical...manufacturer name as that of Alkali Company. Even packing list has the name of Alkali Co. Ltd as the manufacturer. We also find that the certificate of origin issued by China Council for the Promotion of...
...Tuticorin Alkali Chemicals and Fertilisers Ltd. v. CIT [1997] 227 ITR 172?(c) Question is whether, on the facts and circumstances of the case and in law...Tuticorin Alkali Chemicals and Fertilisers Ltd. v. CIT [1997] 227 ITR 172. In that case, the assessee Tuticorin was a company incorporated in 1971 for the purpose of manufacturin...
...1. Learned counsel for the Revenue relies on the observations made by the hon'ble Supreme Court in Tuticorin Alkali Chemicals and...Alkali Chemicals and Fertilizers Ltd. v. CIT, [1997] 227 ITR 172 (SC), as well as...
...C. Sen, J.— M/s Tuticorin Alkali Chemicals and Fertilisers Limited (formerly known as Tuticorin Alkali Limited) was incorporated on 3-12-1971 for the purpose of, inter alia...