PRINCIPAL COMMISSIONER OF INCOME TAX -1, KOLKATA vs. EXIDE INDUSTRIES LIMITED

Appeal is dismissed as

Bench: HON'BLE JUSTICE RAJESH BINDAL, CHIEF JUSTICE (ACTING),HON'BLE JUSTICE ANIRUDDHA ROY

disallowed under Section 40(a)(i) of the Income Tax Act, 1961 in view of the Indo-Japan treaty for avoidance of double taxation?” 2. Learned counsel for the appellant pointed out that the amount of income involved with reference to the question of law for 2 consideration of which the present appeal was admitted, is ₹.70,67,245