Case Law Details
Case Name : Lanco Kondapalli Power Pvt. Ltd. Vs. DCIT (ITAT Hyderabad)
Related Assessment Year :
Courts :
All ITAT ITAT Hyderabad
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
RELEVANT PARAGRAPH
24. Applying the ratio of the above decision to the facts of the present case, we find that undisputedly, the assessing officer has not initiated proceedings under S.14S of the Act, to lax the interest income of Rs. 25,83,848 earned on margin money. In fact, the assessing officer has initiated the proceedings under S.148 to bring to tax the reimbursement of income-tax from APTRANSCO. However, during the course of re-assessment proceedings, the
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.