ACIT Mumbai Versus Weizmann Ltd. - Income Tax - ITAT MUMBAI - Tri - Allowance of Lease rent paid Sale and Lease back transaction - Revenue contended that the series of transactions were entered into between the group concerns with a view to avoid tax liability of the group as a whole - Held that - Bank of Madura who purchased windmill 500 KW is not part of the assessee group - Secondly, it is not for the Income-tax authorities to determine as to in what manner the assessee should have conducte................................... Income Tax - Case Laws
↧