DCIT, CIRCLE- II, INTL. TAXATION, DEHRADUN vs. WEATHERFORD OEL TOOLS MIDDLE EAST LTD., DEHRADUN
The appeal of the revenue is dismissed and cross objection of the assessee is allowed
ITA 4424/DEL/2017[2012-13]Status: DisposedITAT Dehradun22 Dec 2023AY 2012-13
Bench: Shri Kul Bharat & Shri M. Balaganesh(Through Video Conferencing) Dcit, Vs. M/S. Weatherford Oil Tools Me Ltd, C/O. Nangia & Co, 3Rd Floor, Ncr Circle-Ii, International Taxation, Dehradun Plaza, Municipal, No. 24A, New Cantt Road, Dehradun (Appellant) (Respondent) Pan: Aaacw1542G
For Appellant: Shri Salil Kapoor, AdvFor Respondent: Shri. Mayank Kumar, Adit CIT DR
Section 143(3)Section 44BSection 44DSection 9(1)(i)Section 9(1)(vi)Section 9(1)(vii)
144C(3)(b) of the Income Tax Act, 1961 (hereinafter referred to as Act) dated
12.05.2015 by the AO, DCIT, International Taxation, Circle-2, Dehradun
(hereinafter referred to as ld. AO).
2. Let us take up the revenue’s appeal first.
3. The revenue has raised the following grounds of appeal:-
“(i)
Whether on the facts and in the circumstances