VEDVATI SINGH,DEHRADUN vs. ACIT, HALDWANI

Bench: Sh. Satbeer Singh Godara & Sh. M. Balaganesh

216, Arya Nagar, Central Circle, Dehradun, U.K.-248001 Haldwani, U.K.-263139 (APPELLANT) (RESPONDENT) PAN No. FCWPS1903R Assessee by : Sh. K. K. Juneja, Adv. Revenue by : Sh. S. K. Chaterjee, CIT-DR Date of Hearing: 19.03.2025 Date of Pronouncement: 28.03.2025 ORDER Per Bench: The instant batch of six appeals pertains to the single assessee herein namely, Sh. Vedvati Singh. All other

VEDVATI SINGH,DEHRADUN vs. ACIT, DEHRADUN

Bench: Sh. Satbeer Singh Godara & Sh. M. Balaganesh

216, Arya Nagar, Central Circle, Dehradun, U.K.-248001 Haldwani, U.K.-263139 (APPELLANT) (RESPONDENT) PAN No. FCWPS1903R Assessee by : Sh. K. K. Juneja, Adv. Revenue by : Sh. S. K. Chaterjee, CIT-DR Date of Hearing: 19.03.2025 Date of Pronouncement: 28.03.2025 ORDER Per Bench: The instant batch of six appeals pertains to the single assessee herein namely, Sh. Vedvati Singh. All other

VEDVATI SINGH,DEHRADUN vs. ACIT, HALDWANI

Bench: Sh. Satbeer Singh Godara & Sh. M. Balaganesh

216, Arya Nagar, Central Circle, Dehradun, U.K.-248001 Haldwani, U.K.-263139 (APPELLANT) (RESPONDENT) PAN No. FCWPS1903R Assessee by : Sh. K. K. Juneja, Adv. Revenue by : Sh. S. K. Chaterjee, CIT-DR Date of Hearing: 19.03.2025 Date of Pronouncement: 28.03.2025 ORDER Per Bench: The instant batch of six appeals pertains to the single assessee herein namely, Sh. Vedvati Singh. All other

VEDVATI SINGH,DEHRADUN vs. ACIT,CC, HALDWANI, HALDWANI

Bench: Sh. Satbeer Singh Godara & Sh. M. Balaganesh

216, Arya Nagar, Central Circle, Dehradun, U.K.-248001 Haldwani, U.K.-263139 (APPELLANT) (RESPONDENT) PAN No. FCWPS1903R Assessee by : Sh. K. K. Juneja, Adv. Revenue by : Sh. S. K. Chaterjee, CIT-DR Date of Hearing: 19.03.2025 Date of Pronouncement: 28.03.2025 ORDER Per Bench: The instant batch of six appeals pertains to the single assessee herein namely, Sh. Vedvati Singh. All other

SCHLUMBERGER ASIA SERVICES LTD.,DEHRADUN vs. DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN

In the result, the appeal of the assessee for the Asst Year 2015-16 is partly allowed and that of the revenue is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshita No. 5223/Del/2018 (A. Y.: 2015-16) Schlumberger Asia Services Ltd, Vs. Dcit, 14Th Floor, Tower-C, Building Circle-2, No. 1, Dlf City, Phase-Ii, International Taxation, Gurgaon Dehradun (Appellant) (Respondent) Pan: Aadcs1107J

section 44DA of the Act on net income basis would have to be applied. ITA No. 6126/Del/2017 & ITA No. 5223/Del/2018 (Assessee) ITA No. 6173/Del/2017 & ITA No. 5305/Del/2018 (Revenue) Schlumberger Asia Services Ltd The ld. AO observed that these services cannot be considered as any activity relating to mining activity as in the opinion of the ld. AO, in these

SCHLUMBERGER ASIA SERVICES LTD.,DEHRADUN vs. DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN

In the result, the appeal of the assessee for the Asst Year 2015-16 is partly allowed and that of the revenue is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshita No. 5223/Del/2018 (A. Y.: 2015-16) Schlumberger Asia Services Ltd, Vs. Dcit, 14Th Floor, Tower-C, Building Circle-2, No. 1, Dlf City, Phase-Ii, International Taxation, Gurgaon Dehradun (Appellant) (Respondent) Pan: Aadcs1107J

section 44DA of the Act on net income basis would have to be applied. ITA No. 6126/Del/2017 & ITA No. 5223/Del/2018 (Assessee) ITA No. 6173/Del/2017 & ITA No. 5305/Del/2018 (Revenue) Schlumberger Asia Services Ltd The ld. AO observed that these services cannot be considered as any activity relating to mining activity as in the opinion of the ld. AO, in these

DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN vs. SCHLUMBERGER ASIA SERVICES LTD., DEHRADUN

In the result, the appeal of the assessee for the Asst Year 2015-16 is partly allowed and that of the revenue is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshita No. 5223/Del/2018 (A. Y.: 2015-16) Schlumberger Asia Services Ltd, Vs. Dcit, 14Th Floor, Tower-C, Building Circle-2, No. 1, Dlf City, Phase-Ii, International Taxation, Gurgaon Dehradun (Appellant) (Respondent) Pan: Aadcs1107J

section 44DA of the Act on net income basis would have to be applied. ITA No. 6126/Del/2017 & ITA No. 5223/Del/2018 (Assessee) ITA No. 6173/Del/2017 & ITA No. 5305/Del/2018 (Revenue) Schlumberger Asia Services Ltd The ld. AO observed that these services cannot be considered as any activity relating to mining activity as in the opinion of the ld. AO, in these

DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN vs. SCHLUMBERGER ASIA SERVICES LTD., DEHRADUN

In the result, the appeal of the assessee for the Asst Year 2015-16 is partly allowed and that of the revenue is dismissed

Bench: Shri Saktijit Dey & Shri M. Balaganeshita No. 5223/Del/2018 (A. Y.: 2015-16) Schlumberger Asia Services Ltd, Vs. Dcit, 14Th Floor, Tower-C, Building Circle-2, No. 1, Dlf City, Phase-Ii, International Taxation, Gurgaon Dehradun (Appellant) (Respondent) Pan: Aadcs1107J

section 44DA of the Act on net income basis would have to be applied. ITA No. 6126/Del/2017 & ITA No. 5223/Del/2018 (Assessee) ITA No. 6173/Del/2017 & ITA No. 5305/Del/2018 (Revenue) Schlumberger Asia Services Ltd The ld. AO observed that these services cannot be considered as any activity relating to mining activity as in the opinion of the ld. AO, in these

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

216 incurred on non- producing PSCs. 8.2. The learned AO / DRP erred in not appreciating the fact that set off of expenditure of non-producing PSC against the income of PSC in which commercial production has been commenced is in accordance with the provisions of the Act and provisions of PSC. 8.3. The learned AO / DRP erred in not appreciating

ACIT, UTTRAKHAND vs. M/S. UTTARANCHAL JAL VIDYUT NIGAM LTD., DEHRADUN

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri R.K. Panda & Shri Challa Nagendra Prasadassessment Year: 2012-13 Acit, Vs. Uttaranchal Jal Vidyut Circle-2, Nigam Ltd., 13-A, Subhash Road, Ujjwal, Maharani Bagh, Uttarakhand. Gms Road, Dehradun. Pan: Aaacu6672R (Appellant) (Respondent) Assessee By : Dr. Rakesh Gupta, Advocate & Shri Somil Aggarwal, Advocate Revenue By : Smt. Poonam Sharma, Sr. Dr Date Of Hearing : 22.12.2021 Date Of Pronouncement : 24.12.2021 Order Per R.K. Panda, Am: This Appeal Filed By The Revenue Is Directed Against The Order Dated 29Th December, 2016 Of The Cit(A), Dehradun, Relating To Assessment Year 2012-13. 2. The Only Effective Ground Raised By The Revenue Reads As Under:- “1. The Ld.Cit(A) Has Erred In Law & On Facts By Allowing Depreciation On Assets For Which The Actual Cost As Per Section 43(1) Of The Income Tax Act, 1961 Was Nil. 2. The Order Of The Ld.Cit(Appeals) Be Set Aside & That Of The Assessing Officer Be Restored.”

68,568/- on the assets acquired by the UJVNL and added the same to the total income of the assessee. 6. The AO, during the course of assessment proceedings asked the assessee to explain why capacity charges, deemed generation charges and capacity index incentive amounting to Rs.45,31,58,363/- should not be added to the total income