Tag: ITAT Delhi

Interest on Fixed Deposit given as Bank Guarantee pre-requisite condition to pollution Board is capital receipt as business activities not commenced

INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘‘A’ SMC, NEW DELHI I.T.A .No.-6257/DEL/2015 (ASSESSMENT YEAR-2012-13) NV International Pvt. Ltd. (APPELLANT)  vs. ITO (RESPONDENT) Date of Order: 08-03-2016 ORDER PER SUCHITRA KAMBLE, JM This appeal is filed by the assessee against the order dated 8/10/2015 passed by the CIT (A) – 20, …