MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN
In the result ITA number 5584/Del/2013 filed by the assessee for assessment year
ITA 5584/DEL/2013[2010-11]Status: DisposedITAT Dehradun08 Jun 2021AY 2010-11
Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi
For Appellant: Shri Ajay Vohra, Sr. AdvFor Respondent: Shri Thakur Singh Mapwal, JCIT DR
Section 263Section 44BSection 9
220(2) would also arise on the same amount for the same period so as to require levy of interest under section 234B. In coming to the conclusion, the Full
Bench of the High Court approved its earlier decision of CIT v. Tide Water Marine
International Inc. [2009] 309 ITR 85 (Uttarakhand), while drawing support from CIT v. Sedco Forex