M/S NITESH ESTATES LIMITED ,BANGALORE vs. THE ASSISTANT DIRECTOR OF INCOME TAX (INTL TAXN) CIRCLE-1(2), BANGALORE
In the result, the appeal filed by the assessee is dismissed
ITA 3135/BANG/2018[2011-12]Status: DisposedITAT Bangalore23 Jun 2022AY 2011-12
Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2011-12
For Appellant: Shri V. Srinivasan, A.RFor Respondent: Shri Narayana K.R., D.R
Section 195Section 201
found no force in the arguments of the assessee. This ground was therefore dismissed by Ld. CIT(A).
3.2
Regarding applicability of section 198(5) of the Act and regarding assessee being “assessee in default”, the Ld. CIT(A) not accepted the contentions of the assessee for the following reasons
