"Manufacture of the raw material for the benefit of its existing business cannot, in our opinion, amount to setting up a new business" HC

Last updated: 20 June 2007

Court :
IN THE HIGH COURT OF DELHI AT NEW DELHI

Brief :
a:

Citation :
IN THE HIGH COURT OF DELHI AT NEW DELHI ITA No. 463 of 2007 Judgment reserved on: May 17, 2007 Judgment delivered on: May 23, 2007 Commissioner of Income Tax Delhi (Central) - II ARA Centre, E-2 Jhandewalan Extn. New Delhi. ....Appellant Through Mr. R.D. Jolly Versus Usha Iron and Ferro Metal Corporation Ltd. B-11/100, Mohan Co-operative Industrial Area Badarpur, New Delh. ...Respondent Through None WITH 2. ITA No. 462 of 2007 Commissioner of Income Tax Delhi (Central) - II ARA Centre, E-2 Jhandewalan Extn. New Delhi. ....Appellant Through Mr. R.D. Jolly Versus Usha Iron and Ferro Metal Corporation Ltd. B-11/100, Mohan Co-operative Industrial Area Badarpur, New Delh. ...Respondent Through None Coram: MR. JUSTICE MADAN B. LOKUR AND MR. JUSTICE V.B. GUPTA