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

256 taxmann 65 wherein the review petition has been dismissed against the said decision of the honourable Supreme Court. Therefore, he submitted that the said issue is decided against the assessee. 20. In view of the above submission, the ground number 2 of the appeal with respect to the taxability of reimbursement expenditure of ₹ 4,020,318/– is includible

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

256 taxmann 65 wherein the review petition has been dismissed against the said decision of the honourable Supreme Court. Therefore, he submitted that the said issue is decided against the assessee. 20. In view of the above submission, the ground number 2 of the appeal with respect to the taxability of reimbursement expenditure of ₹ 4,020,318/– is includible

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

256 taxmann 65 wherein the review petition has been dismissed against the said decision of the honourable Supreme Court. Therefore, he submitted that the said issue is decided against the assessee. 20. In view of the above submission, the ground number 2 of the appeal with respect to the taxability of reimbursement expenditure of ₹ 4,020,318/– is includible

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

256 taxmann 65 wherein the review petition has been dismissed against the said decision of the honourable Supreme Court. Therefore, he submitted that the said issue is decided against the assessee. 20. In view of the above submission, the ground number 2 of the appeal with respect to the taxability of reimbursement expenditure of ₹ 4,020,318/– is includible

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

256 taxmann 65 wherein the review petition has been dismissed against the said decision of the honourable Supreme Court. Therefore, he submitted that the said issue is decided against the assessee. 20. In view of the above submission, the ground number 2 of the appeal with respect to the taxability of reimbursement expenditure of ₹ 4,020,318/– is includible

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 filed by the assessee is partly allowed for statistical purposes

68,11,169. However, the disallowances totaling to Rs. 2,12,426 have been suo-moto made by the assessee. Therefore, to prevent double addition, the difference of Rs. 8,65,98,743 was added by the AO to the total income. The AO proposed to disallow the expenses by alleging that since the said expenses had been incurred

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

2,65,85,446, the appellant submits that the aforesaid difference is on account of the fact that the appellant had capitalised certain costs as part of the cost of the fixed assets and appellant had claimed depreciation thereon. However, the tax auditor in the Tax Audit Report considered this asrevenue in nature.In this regard, the appellant submits that even