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

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

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

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

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

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

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

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

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

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

RAJESH AGGARWAL ,DEHRADUN vs. THE DEPUTY COMMISSIONER OF INCOME TAX OFFICER, CENTRAL CIRCLE, DEHRADUN

In the result, all the appeals of the assessee are allowed

2. since the Assessment Order is based on a time barred revised Return. . That the assessment, of income by the Ld AO is erroneous 3. since additions made to the returned income under Section 68 in respect of unsecured loans have not been obtained during the Financial Year relevant to the Assessment Year 2011-12. The appellant therefore, pray