MB PETROLEUM SERVICES LLC,MUMBAI vs. DDIT, DEHRADUN

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Saktijit Dey & Shri M. Balaganeshmb Petroleum Services Llc, Vs. Ddit, Kirtane & Pandit, H-16, Circle-1, Saraswati Colony, Sitaldevi International Taxation, Temple Road, Mahim, Dehradun Mumbai (Appellant) (Respondent) Pan: Aaecm2604H

TDS thereon as under:- MB Petroleum Services LLC 18. The assessee also furnished the sample bills raised on the above two customers before the ld AO. It is not in dispute that the ld AO called for details of all the expenses more than Rs. 1 lakh from the assessee and the same had been duly furnished by the assessee

M.B. PETROLEUM SERVICES LLC,NEW DELHI vs. DCIT (INTERNATIONAL TAXATION), DEHRADUN

In the result, the appeal of the assessee is allowed

TDS has been deducted”. (Disallowance of Rs. 10,78,358/-) 5 ITA No.6608/Del./2016 (iii) The assessee's written submission vide their reply dated 16.11.2015, with regard to disallowance made as per para 5.1 of the draft assessment order regarding "Depreciation and Amortization expenses" of Rs.49,86,844/-, has been perused and found not acceptable. The assessee could not prove

ADIT, DEHRADUN vs. M/S. M.I. OVERSEAS LTD., NOIDA

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

ADIT (INTERNATIONAL TAXATION), DEHRADUN vs. M/S. M.I, OVERSEAS LTD., MUMBAI

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

ADIT (INTERNATIONAL TAXATION), DEHRADUN vs. M/S. M.I, OVERSEAS LTD., MUMBAI

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

MI OVERSEAS LTD.,NEW DELHI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

96,69,43,294/–. The learned Sr Advocate referred to the contracts placed in the paper book and submitted that the contracts entered with various parties are not in the nature of composite contracts and clearly distinguishable of goods/materials and rendering of services. Therefore he submitted that income on account of supply of imported material does not accrue or arise

BG EXPLORATION & PRODUCTION INDIA LIMITED,MUMBAI vs. THE DEPUTY COMMISSIONER OF INCOME TAX DDIT/ADIT (INTERNATIONAL TAXATION ) CIRCLE-1, DEHRADUN

In the result, the appeal of the assessee is partly allowed

Bench: Shri R.K. Panda & Shri V.P. Raoassessment Years: 2016-17

96 (Bom) on this issue. Placing reliance on the precedents, as laid down by Hon’ble Rajasthan High court and Hon’ble Bombay High Court, he has submitted that education cess paid by the assessee is an allowable deduction for computing the income from business and profession. 24. On the other hand, ld. DR has submitted that Education Cess