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In Raymond Woollen Mills Ltd. v. Monopolies and Restrictive Trade Practices Commission and others, 1982 TAX.L.R. 2590, wherein the notice issued under sub-clause (iv) of clause (a) of section 10 of the MRTP Act was in question, it was observed by the Bombay High Court as under :- "10.
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The challenge in this case is to the reopening of the assessment of Raymond Woollen Mills Ltd. We have been shown the recorded reasons for reopening under Section 147-A (sic Section 147). The case of the Revenue was that the assessee was charging to its profit and loss account, fiscal duties paid during the year as well as labour …
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Selected Dalurband Coal P. Ltd. [1996] 217 ITR 597 (SC)]; Raymond Woollen Mills Ltd. v. ITO [1999] 236 ITR 34 (SC). The scope and effect of section 147 as substituted with effect from April 1, 1989, as also sections 148 to 152 are substantially different from the provisions as they stood prior to such substitution.
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Per Dr. V. Balasubramanian, Vice President - The assessee is a manufacturer of woollen material from mostly imported wool and exports them.Different grounds of appeal have been raised. These are considered seriatim. 2. Disallowance under section 40(c)/40A(5) of the Income-tax Act, 1961: The point relating to the treatment of contribution of a sum of Rs. …
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Raymond Ltd. Share Price - Get Raymond Ltd. Live BSE/NSE stock price with the latest research reports, balance sheet, stock analysis, and share price history at Angel One. ... About Raymond Ltd. Raymond Limited, the largest integrated manufacturer of worsted fabric in the world is a leading Indian Lifestyle, Textile and Branded Apparel …
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Raymond, A Diversified Group Shaping A Stronger & Better Tomorrow. With roots dating back to 1925, as a small woollen mill in Thane (Maharashtra), manufacturing coarse woollen blankets, Raymond Brand has evolved into a leading manufacturer of the finest fabrics in the world. Reckoned for its pioneering innovations and having enjoyed the ...
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JUDGMENT A.V. Savant, J. 1. By this petition, the petitioner-company seeks to challenge the notices issued to it under section 148 of the Income-tax Act, 1961, in respect of the six assessment years where it is alleged that the income which had escaped assessment is estimated to be around Rs. 9.20 lakhs for the assessment year 1967-68, Rs. 12. ...
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Raymond > Company History > Textiles - Woollen ... - Moneycontrol. Raymond view the history of various companies. ... 1967 - The Raymond Woollen Mills Ltd., was registered in Kenya for manufacturing knitting yarns .... with EBG Gesellschaft (belonging to Thyssen steel group of Germany) for transfer of steel... More details » Get Price
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The Revenue's contention is that the ld. CIT (A) cannot go into the sufficiency or correctness of the reasons recorded at the stage of initiation of proceedings under Section 147 as held in the case of Raymond Woolen Mills Ltd. v. CIT, 236 ITR 34. In this case, it was held that at the time of commencement of reassessment proceedings, only the ...
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Raymond Woollen Mills Ltd Gurgaon besteyeclinic. The Raymond Woollen Mills Ltd raymond wollen mills ltd v coal india ltd thedugongcoza Jan 1, 2015, Raymond has also navigated the turns in the market with, a 100 per cent subsidiary of Raymond Limited, appears to have read its audience well Raymond was one of the first to start organised …
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Bench: T Chatterjee, D Bhandari. 1. This appeal is directed against the judgment/order dated 12.10.2000 passed by the Monopolies and Restrictive Trade Practices Commission (hereinafter referred to as "the Commission") in R.T.P. Enquiry No. 204 of 1988. 2. Brief facts which are necessary to dispose of this appeal are as under: A Notice of ...
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The Tribunal in the case of Mohan Woollen Mills Ltd. v. CCE Bangalore-III- 2003 (158) E.L.T. 377 (Tri-Bang.) has held that soft waste arising in the manufacture of yarn during the course of conversion of blended tops into rowings/slieves is not waste arising in the manufacture of staple fiber and is not classifiable under Heading 5503. Apart ...
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Honble Bombay High Court in case of Raymond Woolen Mills Ltd. Vs. Union of India, reported in 1992(57) ELT-396 (Bom.) has also taken the same view. In view of this, the impugned order holding in cheque discounting charges charged by the Revenue are not includible for the assessable value, is not sustainable. The same is set aside.
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Shramik utkarsh sabha s raymond woolen mills ltd. Tukaram Tanaji Mandhare And Anr vs Raymond Woollen Mills,The Supreme Court while deciding the case in Shramik Utkarsh Sabha v Raymond Woollen Mills Ltd has held thus in para l3: "l3 The MRTU and PULP Act takes note of the provisions of the BIR Act Many of its definitions are stated to be …
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Raymond Woollen Mills Ltd. Raymond Woollen Mills Ltd vs Income Tax Officer And Ors on 17 December 1997 Equivalent citations 1999 236 CTR SC 34 1999 236 ITR 34 SC Bench S Sen S S Quadri JUDGMENT 1 The challenge in this case is to the reopening of the assessment of Raymond Woollen Mills Ltd We have been shown the …
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Raymond Wollen Mills Ltd V Coal India Ltd. The Raymond Woollen Mills Ltd And Vs State Of. Raymond Woollen Mills Ltd. v. Coal India Ltd. Anr In this regard, furthermore, it was noticeable that the respondent No. 2, South Eastern Coal Fields communicated directly with the appellant with recognition of Raymond Cement Works as division of Raymond
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Supreme Court of India. Raymond Woollen Mills Ltd. vs Income-Tax Officer And Ors. on 17 December, 1997. Equivalent citations: (1999) 236 CTR SC 34, 1999 236 ITR 34 SC. Bench: S Sen, S S Quadri. JUDGMENT 1. The challenge in this case is to the reopening of the assessment of Raymond Woollen Mills Ltd. We have been shown the recorded …
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Get free access to the complete judgment in Raymond Woollen Mills Ltd. v. Income-tax Officer on CaseMine. ... 193 ITR 300 and of the Hon'ble Calcutta High Court in the case of CIT v. Dunlop Rubber Co. (India) Ltd. [1980] 121 ITR 476 are ... Section 154 of the Act provides the period within which the order can be rectified within a limited ...
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Company History - Raymond Ltd. 1925 - The Company was incorporated on 10th September, 1925 at Mumbai. It manufactures woollen and worsted and hosiery yarns, knitting wool, engineers' steel files and cement. - 30,000 shares issued to the Managing Agents for consideration other than cash. 200 shares allotted to the Directors and 19,800 …
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..., Income-tax Officer v. Selected Dalurband Coal Co. Pvt. Ltd., 217 ITR 597, Raymond Woolen Mills Limited v. Income-tax...was relevant material, as stated above, on which a reasonable person could have formed the requisite belief. Again, in Raymond Woolen Mills Ltd. (supra), the Supreme Court, while refusing to interfere...
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1965. - A new factory building was constructed and complete plant and. machinery with the exception of wool washing and backwashing machinery. were received and erected. 1966. - The Balance machinery and high temperature wool top dyeing machine. were installed. 1967. - The Raymond Woollen Mills Ltd., was registered in Kenya for.
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Infrastructure Pvt. Ltd., reported in 178 (2011) DLT 118, the relevant paras of which read as under:—"19. There was a privity of contract between the two petitioners and the respondent comp...privity in the common law of contract provides that a contract cannot confer rights or impose obligations arising under it on any person or agent except the …
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Raymond Woolen Mills Ltd. vs Coal India Limited & Anr. on 19 … 2. Upon a dispute having arisen with regard to the quality of supply of coal and the co-related payment/refund of the price thereof, the appellant-purchaser, Raymond Woolen Mills Ltd., moved an application under section 20 of the Arbitration Act, 1940 to enforce the …
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PETITIONER: RAYMOND WOOLLEN MILLS LTD. Vs. RESPONDENT: M.R.T.P. COMMISSIONS AND ANR. ... 2 SCR 685 and Mahindra & Mahindra Ltd. v. Union of India, [1979] 2 SCR 1038 at 1074 that the definition of restrictive trade practice in Section 2(o) of the Act "is a pragmatic and result-oriented definition", and that the legality of an …
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milestones. 1925 – 1999. 2000 – 2010. 2010 – 2017. 2018 – 2020. 1925. In 1925, a small woollen mill named as Raymond Woollen Mill was set up in Thane. 1944. When Lala Kailashpat Singhania took over Raymond in 1944, the mill was used to manufacture coarse woollen blankets and modest quantities of low-priced woolen fabrics.
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...action by the OL for deployment of the security agency.The said action is ratified for deployment of the security agency.However, for the payment of the expenses to the security agency is concerned...ratification of the action of the OL for taking over the possession of the factory premises at Plot No. 901, GIDC Estate, Vapi, Gujarat. It is an …
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In Crescent Dyes and Chemicals Ltd. v. Ram Naresh Tripathi 1993 2 SCC 115 the question was whether a delinquent was entitled to be represented by an office-bearer of another trade union who was not a member of either the recognised union or an unrecognised union functioning within the undertaking in which the delinquent was …
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