ACIT vs Kopran Ltd.
Business expenditure-Promotion of new brands / products-Ay-2003-2004, 2004-2005. The expenses incurred on promotion of new products / brands were deductible in the year these were incurred, even if assessee [LexDoc Id : 407973]
Dheklapara Tea Co. Ltd. (In Liquidation), In re
Application by Central Government to take over the company-Stage by stage progress of Central Government contemplated-A tea company was ordered to be wound up and the OL took possession of its assets and other properties. Pursuant to the direction of the Supreme Court [LexDoc Id : 407159]
New Cawnpore Flour Mills vs Bakemans Industries (P) Ltd.
Winding up: Sale of companys property-Buyer entitled to interest only on entire auction price-The respondent had availed loan from SICOM. Since the respondent defaulted in repayment SICOM took over its possession. In a petition filed by the cre [LexDoc Id : 403835]
