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

145/- to the gross receipts chargeable to tax as fees for technical services under section 9(l)(vii) without appreciating that the said amount represented reimbursement of service tax which is not chargeable to tax. Lew of interest 9. The Ld AO has erred on facts and in law in levying interest under section 234B and section 234C

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

145/- to the gross receipts chargeable to tax as fees for technical services under section 9(l)(vii) without appreciating that the said amount represented reimbursement of service tax which is not chargeable to tax. Lew of interest 9. The Ld AO has erred on facts and in law in levying interest under section 234B and section 234C

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

145/- to the gross receipts chargeable to tax as fees for technical services under section 9(l)(vii) without appreciating that the said amount represented reimbursement of service tax which is not chargeable to tax. Lew of interest 9. The Ld AO has erred on facts and in law in levying interest under section 234B and section 234C

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

145/- to the gross receipts chargeable to tax as fees for technical services under section 9(l)(vii) without appreciating that the said amount represented reimbursement of service tax which is not chargeable to tax. Lew of interest 9. The Ld AO has erred on facts and in law in levying interest under section 234B and section 234C

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

145/- to the gross receipts chargeable to tax as fees for technical services under section 9(l)(vii) without appreciating that the said amount represented reimbursement of service tax which is not chargeable to tax. Lew of interest 9. The Ld AO has erred on facts and in law in levying interest under section 234B and section 234C

DCIT, CENTRAL CIRCLE, DEHRADUN vs. SWARNGANGA CONSTRUCTION P.LTD, BHILWARA

In the result, both the appeals of the revenue are allowed for statistical purposes

Bench: Shri R.K. Panda & Shri V.P. Rao

penalty u/s 271(1)(c) of IT Act 1961.” 8. The Assessing Officer has computed the total income of the assessee at Rs.3,38,95,000/- which was challenged by the assessee before the CIT(A) by filing a belated appeal. Before the CIT(A), assessee has also filed additional evidence to explain the source of various transaction of investment/purchase

M/S THDC INDIA LIMITED, RISHIKESH,RISHIKESH vs. PCIT, DEHRADUN, DEHRADUN

In the result, appeal of the assessee is partly allowed

section 145(3), the prime\nrequirement to accept a different accounting method than that adopted by the\nassessee is to express the dissatisfaction as to the completeness or\ncorrectness of the books of accounts of the assessee and reject the same after\ngiving an opportunity of being heard. In the present case, no deformity or\nirregularity has been pointed