TE CONNECTIVITY INDIA PRIVATE LIMITED,BANGALORE vs. THE OFFICE OF THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 7(1)(1), BANGALORE
In the result, the appeal of the assessee is partly allowed for statistical purposes
ITA 2346/BANG/2024[2021-22]Status: DisposedITAT Bangalore10 Oct 2025AY 2021-22
Bench: Shri Waseem Ahmed & Shri Keshav Dubey
For Appellant: Shri Darpan Kriplani, CAFor Respondent: Dr. KJ Dhivya, CIT (DR)
3,68,918/- only.
This rectification order passed by the AO was not given effect in the final assessment order.
35.3 Therefore, we in view of the above detailed discussion, direct the AO to compute the interest on delayed receivable as per rectified order of the TPO and taking the interest at LIBOR + 200 basis point. Hence
