GRASIM INDUSTRIES LTD ( CORPORATE FINANCE DIVISION),MUMBAI vs. ADDL CIT RG 6(3), MUMBAI

Bench: the CIT(A). The CIT(A) partly allowed the appeal preferred by the Assessee vide order, dated 18/05/2009. 4. Not being satisfied with the relief granted by the Id. CIT(A), the Assessee has preferred appeal before this Tribunal. The Revenue has also filed cross-appeal challenging the relief granted by the Id. CIT(A).

disallowance and held that the provision of section 40(a)(ia) are not applicable in the case.” 8.1. During the course of hearing the Learned Senior Counsel, on instructions, stated that the Assessee does not wish to pursue this ground since relief has been granted to the assessee in relation to this ground in appellate proceedings pertaining to the preceding

ACIT 6(3), MUMBAI vs. GRASIM INDUSTRIES LTD, MUMBAI

disallowance and held that the provision of section 40(a)(ia) are not applicable in the case." 8. 1. During the course of hearing the Learned Senior Counsel, on instructions, stated that the Assessee does not wish to pursue this ground since relief has been granted to the assessee in relation to this ground in appellate proceedings pertaining

M/S. STANDARD CHARTERED BANK,MUMBAI vs. THE ACIT (IT)1(3), MUMBAI

In the result, appeal filed by the assessee is allowed and appeal filed by the Revenue is dismissed

Bench: Shri Amit Shukla, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blestandard Chartered Bank V. Acit – Range-1(3) Taxation Department, 23-25 Scindia House, Ballard Estate M.G. Road, 3Rd Floor N.M. Marg, Mumbai - 400038 Fort, Mumbai - 400001 Pan: Aabcs4681D (Appellant) (Respondent) Adit (It)– 2(3) V. Standard Chartered Bank Room No. 120, 1St Floor Taxation Department, 23-25 Scindia House, Ballard Estate M.G. Road, 3Rd Floor N.M. Marg, Mumbai - 400038 Fort, Mumbai - 400001 Pan: Aabcs4681D (Appellant) (Respondent) Shri P.J. Pardiwala & Assessee Represented By : Shri Fenil Bhatt Shri Soumendu Kumar Dash Department Represented By :

7. Rival contentions have been considered carefully. The question for consideration is whether interest under Section 244A granted to assessee in the proceedings under Section 143(1)(a) of the Act is taxable in the year of its receipt or in the year in which proceedings under Section 143(1)(a) attains finality. According to the charging provisions of Sections

M/S RESOIVE & FIRE INDIA PVT. LTD,MUMBAI vs. DCIT 14 (3)(1), MUMBAI

In the result, appeal filed by the assessee is allowed

Bench: Shri S.Rifaur Rahman () & Shri Amarjit Singh ()

section 206C(7) is nothing but penal in nature. Further, he observed that based on the decision in the case of Goetze India Limited vs CIT 284 ITR 323 (SC), Hon’ble Apex Court has held that assessing officer cannot entertain the claim made by the assessee otherwise than by filing a revised return. Accordingly, he rejected the submissions made

DY. CIT. CIRCLE 7(1)(1), MUMBAI vs. HINDUSTAN COLAS PVT. LTD., MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT. LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

DY. CIT. CIRCLE 7(1)(1), MUMBAI vs. HINDUSTAN COLAS PVT. LTD., MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

M/S. HINDUSTAN COLAS PVT. LTD,MUMBAI vs. ACIT CIRCLE 7(1) (2), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

M/S. HINDUSTAN COLAS PVT. LTD,MUMBAI vs. ACIT CIRCLE 7(1) (2), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

HINDUSTAN COLAS PVT LTD,MUMBAI vs. ACIT CIR 6(3), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

M/S. HINDUSTAN COLAS PVT. LTD,MUMBAI vs. ACIT CIRCLE 7(1) (2), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

M/S. HINDUSTAN COLAS PVT. LTD,MUMBAI vs. ACIT CIRCLE 7(1) (2), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that

M/S. HINDUSTAN COLAS PVT. LTD,MUMBAI vs. ACIT CIRCLE 7(1) (2), MUMBAI

In the result, appeals filed by the assessee for A

Bench: Shri Kuldip Singh & Shri Amarjit Singh

disallowance of deductions claimed by the assessee under section 80IB of the Act. 5. This is a second round of litigation having been remanded by the co-ordinate Bench of the Tribunal to the CIT(A) to determine the issues afresh after providing opportunity of being heard to the assessee by returning following findings inter alia that