Case Law Details
DCIT Vs Microsoft Regional Sales Corporation (ITAT Delhi)
The above captioned two separate appeals by the Revenue are preferred against two separate orders of the Assessing Officer dated 19.02.2016 framed under section 144C(13) r.w.s 143(3) the Income-tax Act, 1961 [hereinafter referred to as ‘The Act’] in respect of two different assessees, namely Microsoft Regional Sales Corporation and MOL Corporation, pertaining to Assessment Year 2012-13.
2. The common grievance in both the appeals relates to the directions of the DRP to delete interest u/s 234B of the Act.
3. Since the underlying facts in issues are common in both these appeals, they were heard together and are disposed of by this common order for the sake of convenience and brevity.
Please become a Premium member. If you are already a Premium member, login here to access the full content.
