NTPC SAIL POWER COMPANY PVT LTD

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ITA - 1238 / 2011HC Delhi02 December 20111 pages
For Petitioner: KN AHUJA

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. 02.12.2011 . . . CM No.21142/2011 (Exemption) .

Allowed, subject to all just exceptions. Application stands disposed of accordingly. . ITA 1238/2011 .

Learned counsel for the appellant relies upon Indian Oil Panipat Power Consortium Limited v. Income-Tax Officer, (2009) 315 ITR 255 (Delhi). He submits that interest accrued should have been set off from the interest paid which is on capital account. . . .

Issue notice, returnable on 9th April, 2012. On the said date the matter will be heard. . . . . . SANJIV KHANNA, J . . . . . . . R.V.EASWAR, J . DECEMBER 02, 2011 . mm . . . $ 33 and 36 . . .

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