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Gotan Lime Stone Khanji Udyog Pvt. Ltd2 wherein the Supreme Court of India ordered for lifting of corporate veil to determine the true nature of transaction in order to protect the interest of the public at large. Facts of the Case M/s Gotan Limestone Khanji Udhyog (GLKU), a …
Aug 06, 2009· CIT v. Gotan Lime Stone Khanij Udhyog [2004] 269 ITR 399 (Raj) The amount is not to be taxed as capital gain. In view of the fact that the computation provisions u/s 48 of the Act could not be applied to such transaction for want of ascertainable cost of acquisition on the date of acquisition capital
Jul 24, 2012· A V Birla Group-controlled UltraTech Cement ltd has acquired a small Rajasthan-based firm, Gotan Lime Stone Khanij Udyog Private Ltd (GKUPL), for an undisclosed sum.. Not much is known about GKUPL but the name suggests it is engaged in the business of limestone, a raw material which is converted into cement.
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Aug 01, 2009· 31. CIT v. Gotan Lime Stone Khanij Udhyog [2004] 269 ITR 399 (Raj) . Amendment in section 55(2) is not retrospective. 32. Namita Sarkar v. CIT [2005] 275 ITR 590 (Cal) For computation of capital gains, the report of valuer was not conclusive. Income-tax authorities can reject report and get property valued or value it. The Tribunal rejected ...
Gotan lime stone khanij udyog private limited is a miscellaneous nonmetallic mining company located in jodhpur, india.Quarrying and mine ore.Hydrated lime mines gotan bgmhospitallime stone khanij udhyog hydrated lime grinding mill plant,lime powder plants design in …
"In truth the amount of Rs. 1,00,000 was received by the respondent M/s Gotan Lime Stone Khanij Udhyog, Gotan from M/s J.K. White Cement Works in consideration of the former agreeing to surrender leasehold rights which it held in 4 sq. kms. of land, which M/s …
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About Us. Jagdamba Khanij Udhyog, was established in 2015 with an aim to serve the growing demand for products that were of a higher quality than what was available in the market.We are a Manufacturer of a number of products including Limestone and Quick Lime Powder.Quick lime is made in a lime kiln by heating calcium carbonate to a specific temperature.
Jan 20, 2016· Gotan Lime Stone Khanij Udyog Private Limited And Another Adarsh Kumar Goel, J.— Leave granted. The State of Rajasthan is aggrieved by the quashing of its order dated whereby it declared its earlier order dated as void and cancelled Mining Lease No. 45 of 1993.
May 14, 2015· M/s Gotan Lime Stone Khanij Udyog Private Limited filed a reply to the show cause notice on 4.6.2014 to drop the proceedings. In the reply, it was stated that in the Writ Petition No. 404/2013 filed by M/s J.K Cement Limited, questioning the order of the State Government dated 25.4.2012 transferring the mining lease, as also the subsequent ...
Dec 18, 2014· Ultra Tech had purchased the mines from Gotan Limestone Khanij Udyog Ltd (GKUPL), a company which belonged to Ram Vallabh Chauhan, Suresh Chauhan, Ramesh Chauhan and Ram Avtar Chauhan, (Chuahan ...
Jan 24, 2016· Gotan Lime Stone Khanji Udyog Pvt. Ltd. [1] wherein the judicial tool of veil piercing was deployed (Hat-tip: LiveLaw). The case involved the treatment of a mining lease for limestone in Rajasthan. M/s. Gotan Limestone Khanji Udhyog (GKLU) was a partnership firm that held a mining lease from the Government. After obtaining the
About JAGDAMBA KHANIJ UDHYOG :-Jagdamba Khanij Udhyog, was established in 2015 with an aim to serve the growing demand for products that were of a higher quality than what was available in the market. We are a Manufacturer of a number of products including Limestone and Quick Lime Powder.
Mar 26, 2015· The court verdict will enable Gotan Limestone Khanij Udyogto, a wholly owned subsidiary of Ultratech Cement, take possession and operate the mines, Ultratech said. The company had received an order from the Mines Department of the state government in December last year about cancellation of "transfer and mining lease of the limestone mines in ...
Gotan Limestone Khanji Udhyog Pvt. Ltd. (GLKUPL) on 28th March, 2012. The application dated 28th March, 2012 states that the lessee was a partnership firm and wished to transfer the lease to a private limited company which was mere change of form of its own business by converting itself from a partnership firm into a private limited company.
The White Cement plant uses technical expertise from FL Co Denmark and state of the art technology with continuous online quality control The manufacturing facility in Gotan Rajasthan today has a production capacity of 06 Million Tonne Per Annum 'MnTPA' White Cement and 05 MnTPA of Wall Putty JK White Cement is an
Gotan Limestone Khanij Udyog1. In this matter the Supreme Court dealt with a case involving validity of transfer of a mining lease. ... Gotan Limestone Khanji Udhyog ("GLKU"), a partnership firm, held a mining lease for mining limestone from the State of Rajasthan. Under the relevant provisions of the Rajasthan Minor Minerals Concession ...