CIT-I CHANDIGARH vs. M/S PB.INFO&COMM. TECH. CORP. LTD. CHD.

The appeals are dismissed

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

63 DTR (Del) 369, which was whether the assessing officer had wrongly held that the determination of income by the respondent therein on completion of its projects amounting to deferment of payment of taxes which was assessable annually under the existing tax law of the land? The said question was answered in favour of the assessee; and in Salarpuria Simplex