BARCLAYS BANK PLC,MUMBAI vs. CIT (INTERNATIONAL TAXATION)-RANGE-1, MUMBAI
In the result, the appeal by the assessee stands partly allowed
ITA 827/MUM/2021[2013-14]Status: DisposedITAT Mumbai03 Jan 2022AY 2013-14
Bench: Shri Shamim Yahya (Am) & Shri Amarjit Singh (Jm)
Section 143(3)Section 144C(13)Section 263Section 37
25l/- since it is not eligible to claim the said input creditand debited the P&L account as other expenditure. The Assessing officer has not verified whether such deduction being a type of tax paid by the assessee is allowable u/s. 37 or not.
iv). The Joint Commissioner of Income tax Range 1(2) had issued order u/s 144A
