CAIRN ENERGY HYDROCARBONS LTD.,GURGAON vs. DDIT, NEW DELHI

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

depreciation in this case even without its claim by the assessee. The appeal of the assessee on this ground is dismissed. ITA No. 6357/Del/2013: A.Y. 2010-11 (Revenue Appeal) ITA No. 5988/Del/2018: A.Y. 2013-14 (Revenue Appeal) ITA No. 5989/Del/2018: A.Y. 2014-15 (Revenue Appeal) Ground No.1 Exploration & Development Expenditure u/s 40(i)(ia): 36. For the year under consideration

CAIRN ENERGY HYDROCARBON LTD. ,GURGAON vs. DCIT, INTL. TAXATION, CIRCLE, GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

depreciation in this case even without its claim by the assessee. The appeal of the assessee on this ground is dismissed. ITA No. 6357/Del/2013: A.Y. 2010-11 (Revenue Appeal) ITA No. 5988/Del/2018: A.Y. 2013-14 (Revenue Appeal) ITA No. 5989/Del/2018: A.Y. 2014-15 (Revenue Appeal) Ground No.1 Exploration & Development Expenditure u/s 40(i)(ia): 36. For the year under consideration

DDIT, NEW DELHI vs. M/S. CAIRN ENERGY HYDROCARBONS LTD., GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

depreciation in this case even without its claim by the assessee. The appeal of the assessee on this ground is dismissed. ITA No. 6357/Del/2013: A.Y. 2010-11 (Revenue Appeal) ITA No. 5988/Del/2018: A.Y. 2013-14 (Revenue Appeal) ITA No. 5989/Del/2018: A.Y. 2014-15 (Revenue Appeal) Ground No.1 Exploration & Development Expenditure u/s 40(i)(ia): 36. For the year under consideration

DCIT, INTL. TAXATION, CIRCLE, GURGAON vs. CAIRN ENERGY HYDROCARBON LTD. , GURGAON

In the result, the appeals of the assessee are partly allowed and the appeals of the revenue are dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumarita No. 6357/Del/2013: Asstt. Year : 2010-11 Dcit, Vs Cairn Energy Hydrocarbon Ltd., C/O. Cairn India Ltd., 3Rd & 4Th Circle-3(2), International Taxation, Floor, Vipul Plaza, Suncity, Sector- New Delhi 54, Gurgaon (Appellant) (Respondent) Pan No. Aaccc3279J

depreciation in this case even without its claim by the assessee. The appeal of the assessee on this ground is dismissed. ITA No. 6357/Del/2013: A.Y. 2010-11 (Revenue Appeal) ITA No. 5988/Del/2018: A.Y. 2013-14 (Revenue Appeal) ITA No. 5989/Del/2018: A.Y. 2014-15 (Revenue Appeal) Ground No.1 Exploration & Development Expenditure u/s 40(i)(ia): 36. For the year under consideration

THE BANK OF TOKYO MITSUBISHI UFJ,NEW DELHI vs. DCIT, CIRCLE- 3(1)(1), INTERNATIONAL TAXATION, NEW DELHI

In the result, the appeal of the assessee is partly allowed

33A, etc. and deduction is to be computed based on such\nadjusted total income. In this regard, the assessee draws the attention of the\nHon'ble bench to the judgment of Bombay High Court in case of CIT vs.\nDeutsche Bank AG. (284 ITR 463) (Bom.) as under:\n\"7... We do not find any merit in the arguments advanced