CiteTEXT
...the law laid down by the Honourable Supreme Court in TRF Ltd. vs. Energo Engg. Projects Ltd...in TRF Ltd vs. Energo Engg. Projects Ltd. and
Perkins Eastman Architectss DPC vs...Construction v. Sardar Sarovar Narmada Nigam Ltd.
[2022 (1) SCC 75] and Deep Industries vs. Oil and...
...TRF Ltd. Vs. CIT(2010)190 Taxman 391(SC)." 2. When the matter was called for...matter in the light of decision of Hon'ble Supreme Court in the case of TRF Ltd. vs CIT 323 ITR 397 after providing...examine the facts in the light of provisions of section 36(2) of IT Act as per ruling of Hon'ble Supreme Court in the case of TRF Ltd vs CIT...
...of 2003 in the case of TRF Ltd. vs. CIT dated 9.2.2010 has pleaded that since it is covered issue, therefore, addition made by the...TRF Ltd. vs. CIT (supra), we direct to delete the impugned addition as made by the Assessing Officer and confirmed by the CIT(A). 6. As...
...case of TRF Ltd., Vs. CIT in 323 ITR 397 that on complying the above condition, the assessee is entitled for claiming deduction towards bad debts. In view of the above, we find that this...written off in respect of assessees transaction with M/s.ETK Soft tech Pvt. Ltd. ITAT, Mumbai, Special Bench in the case of DCIT Vs. Oman International Bank (SAOG) ITA. 1161..., has been dismissed by the Honble Supreme Court in 313 ITR (ST) 03. The Supreme Court has further held in the case of Southern TechnologiesLtd. Vs. DCIT in 320 ITR 577 and in the...
...755 in context of the judgment in TRF Ltd. Vs. Energo Engineering Projects Ltd. 2017 8 SCC 377 had clearly stated as soon as a...21. The Supreme Court in case of Bharat Broadband Network Limited vs. United Telecoms Limited (2019) 5 SCC...
...were in fact written off by the assessee. He placed reliance on the judgment of Honble apex court rendered in the case of TRF Ltd. Vs. CIT as reported in 241 CTR 45 and submitted that...
...) allowed the claim of assessee on the basis of the judgment of the Apex Court in the case of TRF Ltd. vs. CIT on the ground that the assessee need not prove that the debt has become bad...through the assessment order. The Assessing Officer after referring to the decision of the Chandigarh Bench of the Tribunal in the case of Industrial Cables (I) Ltd. vs. ACIT (2005) 97 ITD 267 (Chd....remand the matter again. By respectfully following the judgment of the Apex Court in the case of TRF Ltd. vs. CIT, the order of the CIT(A) is upheld. I.T.A. No. 411...
...) allowed the claim of assessee on the basis of the judgment of the Apex Court in the case of TRF Ltd. vs. CIT on the ground that the...Cables (I) Ltd. vs. ACIT (2005) 97 ITD 267 (Chd.) found that mere writing off the debt is not sufficient and the assessee has to prove the genuineness of the a...of the Apex Court in the case of TRF Ltd. vs. CIT, the order of the CIT(A) is upheld. I.T.A. No. 411/Coch/2010 3...
...filed an M.A stating that in view of the decision of the Apex Court in the case of TRF Ltd Vs CIT (2010-TIOL-15-SC-IT), the ITAT ought to have allowed the claim of the assessee and dismissed the...Court in the case of TRF Ltd. Further, the Tribunal had followed the decision of the Jurisdictional High Court and there was nothing in the decision of the Tribunal which can be considered as being...against the ratio of the decision of the Apex Court in the case of TRF Ltd. (supra). In the circumstances, we are of the opinion that the MA filed by the assessee would tantamount to review of the decision...
...the statutory provision and judicial pronouncement was sustained by the Ld. CIT(A) is erroneous and contrary to the judgment of Hon'ble Supreme Court in the case of TRF Ltd. Vs. CIT...in earlier year. Reliance was placed on the following case laws:-
1) TRF Ltd. Vs. CIT (323 ITR 397)
2) Rajendra Y Shah...in the case of TRF Ltd. Vs. CIT (2010) 323 ITR 397.
5...
...in the case of Shreyas Morakhaia (supra) and on the judgment of the Hon'ble Supreme Court in the case of TRF Ltd vs. CIT...[2009] 226 CTR (Del) 468
(iii) TRF Ltd vs. CIT...) Securities Ltd. [2009] 226 CTR (Del) 466
(ii) CIT vs. Bonanza Portfolio Ltd...
...written off the said amount even in the previous year and was covered by the decision of Apex Court in TRF Ltd vs CIT 323 ITR 397 (SC). The Ld.DR vehemently argued that such debt was...
Services Ltd in Income-tax Appeal No. 1265 of 2017 with Income-tax Appeal No 1469 of 2017 judgement dated February 11, 2020 and Hon'ble Supreme Court in TRF Ltd vs CIT (supra...Air India Ltd (Formerly known as National Aviation Co. Of India Ltd) Finance Building, Old Airport Kalina, Santacruz (E), Mumbai-400 029 PAN : AACCN6194P
vs...
...expressed by the CIT(A). He made reference to the following decisions:- TRF Ltd. Vs. CIT (2010) 323 ITR 397 (S.C....); CIT Vs. Modi Telecommunication Ltd. (2010) 325 ITR 291 (Del.); CIT Vs. Brilliant Tutorials ...) Ltd. (2007) 292 ITR 399 (Mad.) CIT Vs. Star Chemicals (Bom.) (P) Ltd.(2009) 313 ITR 126 (Bom.) 2.5 On due...
...relying upon the judgment of this Court in TRF Ltd. vs. Energo Engg. Projects Ltd.3...TRF (supra) and Perkins Eastman Architects DPC vs. HSCC (India) Ltd.5, declaring that a clause which allows one...
CIVIL APPEAL No(s)……….. OF 2025 (Arising out of SLP (C) No(s).7161-7162/2018)
BHAYANA BUILDERS PVT.
LTD. APPELLANT(S)
VERSUS...
....
iv. In the reply the assessee simply relied upon giving details of the nature of business and Hon'ble Supreme Court decision in the case of TRF Ltd. vs. CIT....
v. The decision of Hon'ble Supreme Court in TRF Ltd. vs. CIT is dealing with the issue that the assessee is not required to prove that the debt w/off..., order dated 25.10.2010, wherein bad debts were allowed by him on the basis of Hon'ble Supreme court's decision in TRF Ltd. vs. CIT (2010) 323...
.... Further, the Ld. counsel relying on the judgment of the Honble Supreme Court in the case of TRF Ltd. vs. CIT, Ranchi in the case of Civil Appeal No. 5293/5294 of 2003 submitted that...the Ld. CIT (A) has based his findings on the judgment of the Honble Supreme Court in the case of TRF Ltd. vs. CIT (supra) in which the Honble Supreme Court has held that it is enough if the bad debt...30.05.2016 in which it has been mentioned that in view of the judgment of Honble Supreme Court in the case of TRF Ltd. vs. CIT, claim for debt or part thereof in any previous year shall be admissible u...
...Apex Court in the case of TRF Ltd vs. CIT, (2010) 323 ITR 397, ld. Commissioner of Income Tax (Appeals) did not accept...in the case of TRF Ltd (supra), the claim ought have been allowed. 3. Per contra, ld. Departmental Representative submitted that four debts which were written off were of debtors... --------------- D8,50,230 --------------- As per the judgment of Honble Apex Court in the case of TRF Ltd (supra), the only condition for claiming a bad debt is that...
...and the balance amount of Rs.79.83 ITA No.5253/Del/2014 lac was not approved and, hence, written off. The Hon'ble Supreme Court in the case of TRF Ltd. vs. CIT (2010) 323 ITR 397 (SC) has held that...earned by the assessee during the year. The Honble jurisdictional High Court in Cheminvest Ltd. vs. CIT (2015) 378 ITR 33 (Del) and CIT vs. Holcim India P. Ltd. (2014) 90CCH 081-Del-HC has held that if...Officer u/s 41(1) of the Act. 6. The facts of this ground are that the Assessing Officer noticed that a sum of Rs.7,53,157/- was shown payable to M/s Crux Consultants Pvt. Ltd. and...
..., the petitioner has relied upon on a decision of the Supreme Court in the case of TRF Ltd. -Vs- Energo Engineering Projects Limited, reported in...covered by the arbitration agreement. The learned Counsel for the Respondent could not dispute that the ratio of the decision of the Supreme Court in the case of TRF Ltd. (supra) is applicable in this...
...Court in the case of TRF Ltd. vs CIT 35 DTR 156 (SC). We find no infirmity in the order of Commissioner of Income Tax (Appeals) for two reasons. The AO at para 5...cause notice letter ITA No: 653/Del/2012 Page 3 of 4 Assessment Year 2007-08 Manjula International, N.Delhi dt. 4.1.2005 were produced. The Honble Supreme Court in the case of TRF Ltd. held that bad...