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...common order for the sake of convenience. There is no question of pre-deposit involved.
2. The appellants M/s Garware Wall (100% EOU) and M/s Garware Wall Ropes Ltd. are two se...units of M/s Garware Wall Ropes Ltd., having a common PAN under I.T. Act, but two separate Central Excise Registration Nos. with the department (Assistant Commissioner of Central Excise, Pune II...company Garware Wall Ropes Ltd. and the same is discharged/paid from registered office only, and thereafter apportioned to the two appellant units. 3.3 Appellants have filed the claim of refund of...
...heard the parties and perused the record. The AO noticed that the assessee has been receiving discounts from its supplier named M/s Garware Wall Ropes Ltd. The details called from the above said company...M/s Garware Wall Ropes Ltd., wherein it was stated that a sum of Rs. 29,17,658/- due to M/s Chaudhari Aani Mandali, the proprietory concern of assessee's brother named Shri Ramkrishna Chaudhari, was.../s Garware Wall Ropes Ltd. The AO did not agree with the submissions made and accordingly added the difference amount of Rs. 37,09,059/- (which includes the amount of Rs. 29,17,658/- referred above) to...
...Industries Ltd. v. CCE, Jameshedpur - (T)CCE, Pune v. Garware Wall Ropes Ltd. - (T...the manufacture of raw materials cannot be considered as use of power in the manufacture of final product. In fact we find that in the case of Waxpol Industries Ltd. v. CCE (supra) the notification...
...Policy and Handbook of Procedures 2004-2009. He also relied upon the decision of the Tribunal in the case of Garware Wall Ropes Ltd. v. CC, Mumbai reported in (Tri.-Mum...CESTAT judgment in the case of Garware Wall Ropes Ltd. v. CC Mumbai - 2002 (145) 308 (Tri-Mum).”5. In the case of Garware ...
...the Customs, Excise and Service Tax Appellate Tribunal vide impugned judgment observing as under :-‘6. In the case of Garware Wall Ropes Ltd. (supra), the Tribunal held that...Appellate Tribunal in its impugned order while following an earlier order in the case of Garware Wall Ropes Ltd. [ (Tribunal)] had held that confiscation of goods and imposition of penalty was not...Pvt. Ltd.). While dismissing the appeal, the High Court passed the following order :“It is not in dispute that the Government authorities themselves amended the licence and as per the...
..., Garware Wall Ropes Ltd. v. Coastal Marine Constructions & Engineering Ltd., (2019 SCC OnLine SC 515), this Court advert...judgments beginning with SBP & Co. v. Patel Engineering Ltd., (2005) 8 SCC 618 has held that at the stage of a Section 11(6...Konkan Railway Corporation Ltd. v. Mehul Construction Co., (2000) 7 SCC 201 [“Konkan Railway I”], it was held that the powers of the Chief Justice under...
...engaged in the business of manufacturing of Ropes, Twines, Fishnets & Geo Synthetic, ITA No. 4701 & 4702 Mum 2017-Garware Wall Ropes Ltd. filed its return of income for Assessment Year 2011-12 on 28th...of ld. CIT(A) is not in accordance with ITA No. 4701 & 4702 Mum 2017-Garware Wall Ropes Ltd. the mandate of section 250(6) of the Act. The ld. AR further submits that the assessee sought the...2017-Garware Wall Ropes Ltd. the impugned order has recorded that the assessee has not appeared on 18.01.2016, 17.05.2016, 14.06.2016, 28.07.2016, 09.08.2016 despite the service of notice of hearing...
...upon and is unenforceable in law. The court further held therein that the Judgment in case of Garware Wall Ropes Ltd. v. Coastal Marine...Garware Wall Ropes Ltd. (supra) was cited with approval by the Co-ordinate Bench of this Court in Vidya Drolia v. Durga Trading...Corporation (2021) 2 SCC 1, and therefore the court (in N.N. Global Mercantile case) observed as under:“33. We notice that the judgment in Garware Wall Ropes ...
...
i) JM Financial Ltd. (ITA No.4521/Mum/2012]
ii) Garware Wall Ropes Ltd. Vs. Addl.CIT(ITA No.5408/Mum/2012]...., ITA
Nos.1362&1032/Del/2013, order dated 4-4-2014 and the decision of Mumbai Bench of the Tribunal in the case of Garware Wall Ropes Ltd, strategic...&7021/Mum/2014
(नधा रण वष / Assessment Year :2010-11 & 2011-12) J.M.Financial & Investment
Consultancy Services Pvt.
Ltd...
...Appellate Tribunal, Mumbai bench in case of Garware Wall Ropes Ltd. v. Additional Commissioner of Income Tax Range 5(1), [2009] 183 taxman 159 (Bom) in case of...the other companies while computing average value of investment. The law settled in [2014] 46 taxmann.com 18, Income Tax Appellate Tribunal, Mumbai bench in case of Garware Wall Ropes Ltd. v...and long term investments in shares, mutual fund, equities and investment in real estate. The assessee company is a 100% subsidiary of the Tata Power Company Ltd. The assessee company invested in the...
...rendered by the Coordinate Bench in the case of Garware Wall Ropes Ltd. v. Addl. CIT (46 Taxamn.com 18). The Learned AR submitted that investment portfolio of the year under..., which are strategic in nature and in growth plan of mutual funds, which do not yield dividend. In the case of Garware Wall Ropes Ltd. (supra), it has been held that strategic investments have to be...ITAT in the case of Vireet Investment (P) Ltd. (82 taxman.com 415) and also decision rendered by Hon'ble Delhi High Court in the case of Cheminvest Ltd. CIT (378 ITR 33). He further...
...that the said average investment computed in both the years requires down ward revision in view of the coordinate Bench decision in the case of Garware Wall Ropes Ltd. v. Addl. CIT...under consideration.5. On hearing both the parties and also on perusing the orders of the Tribunal in the case of Garware Wall Ropes Ltd. (supra) and JM Financial Limited (supra), we find...
...Supreme Court in Garware Wall Ropes Ltd. vs. Coastal Marine Constructions & Engg. Ltd.1, the agreement needs to be impounded and...in the light of Vidya Drolia (supra), citing the ratio in Garware Wall Ropes (supra). The relevant observations made in N.N. Global (supra) read as under: 56. We are of the considered vi...., (2011) 14 SCC 66] and Garware [Garware Wall Ropes Ltd. v. Coastal Marine Con...
...Garware Wall Ropes Ltd. v. Addl. CIT in ITA Nos. 5408/M/2012 and others dated 15.01.2014 for the proposition that the exempt income relatable to the investment in the sister concern...in the case of HDFC Bank Ltd. v. DCIT, [2016] 383 ITR 529 (Bombay) as well as the decision of the ITAT in the case of...
...excludes the impugned aircraft from the purview of wealth-tax. In support of such interpretation, reference has been made to the following decisions:(i) Garware Wall Ropes Ltd. v...Tribunal in the case of Garware Wall Ropes Ltd. (supra), wherein following discussion is relevant:“9. The wordings in section 2(ea) makes it clear that there is difference between the term...assessee for its business, and depreciation has been allowed in the income-tax proceedings. Under these circumstances, following the parity of reasoning applied in the case of Garware Wall Ropes Ltd. (supra...
...case of Garware Wall Ropes Ltd. vs. Addl. C.I.T. 89 ITD 221. Considering the above Ld. Commissioner of Wealth Tax (Appeals) held that it is not in dispute that the assessee owns two.... Assessee further relied upon the ITAT, Mumbai Bench decision in the case of Garware Wall Ropes Ltd. vs. Addl. C.I.T. (2004) 89 ITD 221. Ld. Commissioner of Wealth Tax (Appeals...the decision of the ITAT, Mumbai Bench in the case of Garware Wall Ropes Ltd. vs. Addl. C.I.T. (2004) 89 ITD 221. We find that in this case it is undisputed that the two aircrafts were...
..., which contains the arbitration agreement, was an unstamped document. It notes that this Court, in Garware Wall Ropes Ltd. v. Coastal Marine...under: (Vidya Drolia case (2021) 2 SCC 1)“147.1. In Garware Wall Ropes Ltd. (2019...held in Garware Wall Ropes (2019) 9 SCC 209, and was of the opinion that the utility of the doctrine of separability overrides the concern under the respective Stamp Acts. Any concerns of non-stamping or...
...Tribunal in the case of Garware Wall Ropes Ltd., as according to the Ld.CIT(A) all the investments made are totally for the purpose of business and therefore the ratio of the decision in the case of...Garware Wall Ropes Ltd. applies.
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4. Before us the Ld.DR vehemently supported the orders of the Assessing Officer. She...) Mumbai - 400 020
v. M/s. Urban Infrastructure Holding Pvt. Ltd., 1stFloor, Jai Centre, 34, P D Mello Road Opp - Red Gate, Masjid,
Mumbai - 400 009...
...Tribunal, Mumbai Bench in the case of Garware Wall Ropes Ltd. v. Addl. CIT 89 ITD 221 were cited. The Ld. CWT(A) considered the submissions of assessee but did not find merit and...) Soma Finance & Leasing Co. Ltd. v. CIT 244 ITR 440.(3) Garware Wall Ropes Ltd. v. Addl. CIT (2004) 89 ITD 221 (Mum)....made and the decision of Delhi High Court in the case of CIT v. Bansal Credits Ltd. 259 ITR 69 and the decision of the...
...., 313 ITR 340 (Bom) and decisions of Mumbai Tribunal rendered in Garware Wall Ropes Ltd. v. Addl CIT, Taxmann.com 18 (Mum Trib.) to substantiate the contention of...excluded as per the decision of the Mumbai Tribunal in Garware Wall Ropes Ltd. v. Addl CIT (supra). Accordingly, we direct the AO to recompute the disallowance by excluding strategic.... The Ld. Counsel relied on the decisions of Hon'ble Bombay High Court rendered in CIT v. HDFC Bank Limited, 366 ITR 505 (Bom), CIT v. Reliance Utilities and Power Ltd...