Assessee not entitled to benefit of s 220(7), wherein the income which arisen in Russia but not been brought in India and remitted to third country despite there been no restriction on remittance to India

High Court of Delhi Writ Petition(C) No. 328, 340/2010 Decided on: 20 April 2011 Ravina and Associates Private Limited and Another Vs CIT and Others Judgment Sanjiv Khanna, J. Delhi High Court judgment on Writ Petition No. 328, 340/2010 – Ravina and Associates vs CIT. Stay on recovery of tax demand. Key details here. Ravina and Associates Private Limited and Ravina Khurana have filed the present writ petitions for stay of recovery of the outstanding demand of Rs.54,91,15,497/- for the assessment years 2004-2005, 2005-2006 and 2006-2007 in the case of Ravina and Associat...