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
ITA 6278/DEL/2018[2014-15]Status: DisposedITAT Delhi31 Jan 2023AY 2014-15
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
For Appellant: Sh. Ajay Vohra, Sr. AdvFor Respondent: Sh. Gangadhar Panda, CIT-DR
Section 40aSection 57Section 80I
house property. D.-
Profits and gains of business or profession. E.- Capital gains. F.-
Income from other sources. A.- Salaries.”
22. Further, Section 56 of the Income Tax Act reads as under:
“Income of every kind which is not to be excluded from the total income under this Act shall be chargeable to income-tax under the head “Income from
