{"id":15551,"date":"2009-07-27T00:00:00","date_gmt":"2009-07-26T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-ms-gemini-steel-tubes-ltd-on-27-july-2009"},"modified":"2016-05-22T05:12:30","modified_gmt":"2016-05-21T23:42:30","slug":"the-commissioner-of-income-tax-vs-ms-gemini-steel-tubes-ltd-on-27-july-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/the-commissioner-of-income-tax-vs-ms-gemini-steel-tubes-ltd-on-27-july-2009","title":{"rendered":"The Commissioner Of Income Tax vs M\/S Gemini Steel Tubes Ltd on 27 July, 2009"},"content":{"rendered":"<div class=\"docsource_main\">Karnataka High Court<\/div>\n<div class=\"doc_title\">The Commissioner Of Income Tax vs M\/S Gemini Steel Tubes Ltd on 27 July, 2009<\/div>\n<div class=\"doc_author\">Author: D.V.Shylendra Kumar Kumar<\/div>\n<pre> WKEWW mwmm UP' Kl\ufb01liiw\ufb01i\ufb01\ufb01\ufb01\ufb02\ufb02a Wiisi\ufb02 KUQK1 U!\" K\ufb02E\u20acN\ufb02'E'Wa%% Mi\ufb01\ufb01\ufb01 mmm W?' imsmmmm mam 5.;\u00a7\u00a7nI.5*%s\u00a7\u20ac'\/-:1\n\nen mwwmar mm\" a'amMuwm.&lt;s.MmW\u00ab WEWW MWWWQ. My  \n\n.3.\n\n \n\nE4 THE E\ufb01 CQIERT GF KAm\u00a5i&amp;&#039;I&#039;AKA. AT \n\nD\ufb01ff\ufb02 H\ufb01 TI-E 2&#039;?mB\ufb01.Y $3&#039; J\u00a5.3LY \ufb01\ufb01\ufb01\n\nPREaS\ufb02&#039;3T\n\nHm I-if.)N&#039;BLE nmamnm mu   4%  3 &#039;  = T 3\n\nAg . .\n&#039;I&#039;I-m;HQN&#039;ELE ammnw   1  \nI&#039;l1&#039;.et!,E&#039;-Et.av\u00a7.;\u00e9;_iV&#039;:?&#039;._&#039;;;%&quot;._2;)&#039;*_Z\u00a5*;_&#039;4\u00ab;\u00a5\u00a7   H N\nBETWEEN:     X\n1.<\/pre>\n<p> mg c:mmgen\u00a2%a\u00a3[:;mm;m&gt;<br \/>\nc.R..Bu:?1\u00a7:ng,   * %  <\/p>\n<p>Quems Ri\ufb01\ufb01\ufb01f    7\u00a7<br \/>\nBm1gs\u00a7\u00a2::Ie7._     %<\/p>\n<p>2. The Assi. Cz:::2$.:*\u00a7:i3sie\u00a7:.:;r&#8221;:\u00a7&#8217;f?f3ii2\u00a3\u00a7i\u00a7t1\u00a7c9\u00bb&#8217;\u00a7&#8217;a.~:$<br \/>\nCirc:\u00a7\u00a2-42(1)     X<br \/>\n_C.R.E;:\u00a7_;i\ufb01\u00a3:;;;.; &#8221;\n<\/p>\n<p> A.  &#8230;..\n<\/p>\n<p>&#8216;E\u00a7:gIe:lQ;&#8217;r;:,_   m\u00e9\u00a7\u00a7e\u00a3\u00a7$:\u00a3$.<\/p>\n<p>L (By S\u00a7i;MT\u00a7T\u00a7?\u00a7A  Sim\u00e9irg \ufb01mzggsei fa: \ufb01i\ufb01 Revazue}<br \/>\n&#8216; &#8221;  Sie\ufb01i Takes Li\u00e9\ufb01<br \/>\nT ?1\u20ac}i  m  .9;x*e&amp;<\/p>\n<p>&#8216; 4. \u00a7v\u00a7\u20ac%\u00a733gk.::r\u00a7ie;&#8211; ~ &#8216;<br \/>\n&#8216;  agigal\ufb01rc Rumi Digml\ufb01t.\n<\/p>\n<p>_ _ _ Rgggan\u00e9mw<\/p>\n<p>$3\u00a7#$1\u00a53!E\u00a50E<\/p>\n<p>&#8221; &#8216;E71233 fzzcemg Tax \u00e9gpg\ufb01eal \u00a33 \ufb01iz\u00e9 mm 25%. aif LT. \u00e9g\ufb01<br \/>\n\u00a3961 aism em asf {Em awdw \u00e9\ufb01e\u00e9 \u00a7\u00a7&#8211;ii-\u00bb\u00a7\u00a7\u00a7? gzgse\u00e9 \u00a33;<br \/>\nIIf..A.?\u20acag934iBNGf2\u00a7\u00a759 fog&#8221; the Asgeamm\u00e9 &#8216;fag 2\u00a7\u00a73~$\u00e9<\/p>\n<p>wnnwdriim VnuiV:nna9&#8217;VoaoMilVhM &#8220;\u00b0v\\\ufb02&#8217;%4 iTE\\&amp;\u00a2'&#8221;W\\$&#8217;Wai\u00a7&#8217;0kJ&#8221;&#8221;I\u00a2.@nW&#8221;&#8216;WLI&#8221;$h\u00a3&#8221;&#8216;[&amp; E\ufb01\ufb01\ufb01fi\ufb02\ufb01 %g&#8217;\u00a7m\ufb01lm\ufb02\ufb02&#8217;Q,_\ufb01<\/p>\n<p>-~:-aw<\/p>\n<p>%w\\mmVud&#8221;E-&#8220;VAL &#8216;4n4&#8243;$t \ufb02wr%I1&#8217;\\sv&#8221;\u20ac=2;5J'&#8221;0.\u00e9rJR&#8221;&#8221;6m&#8217;~z.v#!&#8221;&#8216;a axlii\ufb01vacawma wtwwvwxmw fawn: mm:-wwa.u-was-mnw-mung:-as<\/p>\n<p>.2-\n<\/p>\n<p>praying ta (5.) fcrxmulme the szzbaim\u00e9iai qugsuimzs sf&#8217;.<br \/>\ntherein (ii) alkrw {ha wpaai am sat aside aha mV\u00a7\u00a7;;t&#8217;z\u00bb;p*a$\u00a7;a&lt;\u00a7. by<br \/>\naha ETA&#039;? Eangaiorc in I&#039;1&#039;;%..E*$a3m\u00a743fBE*\u00a7\u20ac7%;v&#039;2\u00a5Gi&#039;?vaf\u00a7ji,*-..  \u00e9geg<\/p>\n<p>\u00a7i.1i.2\u00a7\u00a33&#039;? mn\ufb01rm \u00a311: ar\u00e9cm sf the A.\u00a7pi\u00a7Il\ufb02?;\u00e9;~._;i&#039;\u00bb7\u00a3*3i$1,!ziiii\u00a7\u00a3i:*\u00a7i:\u00a7x&quot;<br \/>\nasz\u00e9 ecn\ufb01zm the erdar gassa\u00e9 by .i,h;e_-_ Asst! &quot;i_f::;:i%;.~::i;~&quot;:%f:\u00a7:\u00ab3;::a.#v_ 55%&#039;? _ <\/p>\n<p>izmernc tax, Circic -~ }.1{2), Bm%a;iare,_ &#039; 3 <\/p>\n<p>This Irscnme Tax Agggg\u00e9aa\u00e9 m\ufb01\u00e9\u00e9\ufb01\ufb01g 33:<br \/>\nday, SHYLENDRA K.UIviAR&#8211;,.,\u00a7&#039;;;,\u00e9\u00a3}i&amp;*c:\u00a2h\u00e9;i\u00a71\u00e9&#039;,f\u20ac:=\u00a7\u00a7\u00a7?i%: &#8211; &#039;<\/p>\n<p>msughggm  gaggggan af&#039;<br \/>\nEase? my   Sa\ufb01i\u00e9ma 2531:; $2&#039; $225<\/p>\n<p> a,  Aai\u00e9ar\u00e9\ufb01ss were mrrggi<br \/>\n     &quot;\ufb01e smp\ufb01yeeg $&amp;\u00a7:2&#039;;**\u00a7\u00e9z\u00a2\u00a7\u00a72\u00a7<br \/>\n%s;mra;gs1 W P}? is an ai\ufb01mm\u00e9k gg\u00e9mzm<\/p>\n<p> .i\u00a7z S\u00e9\u00a2\u00a32&quot;$:: 53$ \ufb01f zfz\u00e9 f\u00e9\ufb01ff aa\ufb01 523;:<br \/>\n ;a2\u00a7\u00a7i:2.;a:i canes}: be \u00e9\ufb01mie\ufb01 as&quot; $2 i\ufb01mggg 9}&quot; \ufb01e<\/p>\n<p> M\u00a7,\u00a73%e;\u00e9xee 23?: \ufb01aeardarzse wizi\u00e9 Sec\ufb01gpg @553 {mg<\/p>\n<p>  &#039;  S\u00e9c\ufb01asg 2524} {ix} aj \ufb01g gm? \u00a33: as\u00e9asg af \u00e9\u00e9\u00e9<\/p>\n<p>1&#039; jzadgmaizf {sf 2&amp;9 52%;: i\u00e9fs .Ez&quot;z?&#039;g&#039;&amp; Sag&#039;: \u00a7f<br \/>\nKarm\ufb01\ufb01a in A55. Sa\u00e9ari \u00a7rz\u00a3\u00a73*\u00a7s*:Z\u00a7\u00a7\u00a7 52% I23?<br \/>\n14}; as \ufb01e ms? amawi\ufb01 was \u00a7?\u00a7\u00e9&#039;\u00a7\u00a7\u00a7 az\ufb01lar 3%?<br \/>\nspaag\ufb01gd &quot;\ufb01gs \u00a7a\u00a3g.s*&quot;?\n<\/p>\n<\/p>\n<p>&#8211;am-\u00ab:wwrm.u 2&#8230;\u00bb gs:\u00abv\\icmmV\u00a3&amp;'&#8221;&#8216;:sm.w'&#8221;\u00abn&#8217;amr'&#8221;m. nmrnuwvuyg; mmwwmm mfg a$&amp;m%\u00a7m\u00a7%mlmmm I-Hg&#8217;?!-.3 &#8220;WWW?<\/p>\n<p>wdkvnwwwvamm<\/p>\n<p>&#8216;mwnwmmw &#8216;Mimi .!a(&#8220;o#&#8221;&#8221;ewMw.-&#8216;eimr&#8217;mm#&#8221;*&amp;uwa'&#8221;n auwwr\ufb02ki &#8220;k:l|*w|&#8217;wzt|&#8217;\u00a7&#8217;9s|E warn 9&lt;vwa&#039;&quot;mwAmIr\\&#039;un&quot;naw&#039;w.ii*e.aru<\/p>\n<p>.3-\n<\/p>\n<p>Sri: Seshachala, leaned Stmding Cami \u00a7pe%33;g f&#8217;\u00a7;:.__<br \/>\nE116 agape\ufb01axi\u00e9\ufb01 fmxiy szzbzni\ufb01tsi rm gizni\ufb01m&#8217; qz1.$3\u00a7%\u00e9\u00a7%;\u00a7&#8217;\u00a77.;&#8217;a;%5.\u00a5\u00a7;V&#8221;. :<br \/>\nhm: mgwemd by this \ufb01syzzr\u00e9  iizg \u00a7;Se&#8217;%%\u00a5e~:*:*:i:\u00a7;v   u  2<\/p>\n<p>case sf mzmwssianim $3&#8242;? E&#8221;;\u00a3?&#8217;\u20ac;?\ufb02::9i\u00a5}9\u00a7\u00a7\u00a7;v 1*;;a;xsf&#8217;\u00b0:;%;g <\/p>\n<p>szamm  R3E$  \u00e9\u00a7\u00a7ic1ed  &#8216;e;; V M3i;93.7@2:&#8217;;%:}*,%&#8221;&#8221;<br \/>\nITA.Z&#8217;~\u00a7as.iQ8&#8242;}&#8217; m\u00e9 1$8;:S\u00a7&#8217;2.G{3\u00e9&#8221;&#8216;\u00e9%_\u00a7\u00bb=:2i9\u00a7se\u00e9; is; t2?\u00a7\u00a7.,\u00bb\u00a7;&#8217;\u00a7% Ea\u00e9i<br \/>\nwhich cage has &#8216;Mm  Erie ihig Cam:\n<\/p>\n<p>mam  g <\/p>\n<p> ~13.    9%&#8221; \u00a33353.-3 \u20acaur:, this<br \/>\nwp\u00e9ai&#8217; is   the gma\ufb01an ag\ufb01 &#8216;East \ufb01zz<\/p>\n<p>% &#8216;4   %%%%% -4 .:\n<\/p>\n<p>1&#8242;-Edge<\/p>\n<p>S4\/a&#8217;<br \/>\nIudi\u00e9<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka High Court The Commissioner Of Income Tax vs M\/S Gemini Steel Tubes Ltd on 27 July, 2009 Author: D.V.Shylendra Kumar Kumar WKEWW mwmm UP&#8217; Kl\ufb01liiw\ufb01i\ufb01\ufb01\ufb01\ufb02\ufb02a Wiisi\ufb02 KUQK1 U!&#8221; K\ufb02E\u20acN\ufb02&#8217;E&#8217;Wa%% Mi\ufb01\ufb01\ufb01 mmm W?&#8217; imsmmmm mam 5.;\u00a7\u00a7nI.5*%s\u00a7\u20ac&#8217;\/-:1 en mwwmar mm&#8221; a&#8217;amMuwm.&lt;s.MmW\u00ab WEWW MWWWQ. 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