Assessment Year 1990-91 v. Meerut & Anr.
Case at a glance
Outcome
Disposed of
Appeal is disposed of accordingly
Provisions considered
Judgment
Operative part
O.N.G.C., As representative of Mr. Arib Guezuev, Dehradun ………. Respondent Mr. S.K. Posti, learned counsel for the Income Tax Department. Hon. P.C. Verma, A.C.J. Hon. M.M. Ghildiyal, J. The matter is squarely covered by our decision dated 30th September, 2003 in Income Tax Appeal No. 470 of 2001; The Commissioner of Income Tax, Meerut & another Vs O.N.G.C., Dehradun. The question raised before us is as follows:
Whether in the facts and circumstances of the case the learned Income Tax Appellate Tribunal was justified in directing to apply single stage grossing up of the Tax perquisites paid by ONGC on behalf of the assessee instead of multi stage grossing up, applied by the Assessing Officer under section 195-A of the Income Tax Act, 1961?
For the reasons recorded in the above judgment in Income Tax Appeal No. 470 of 2001 dated 30th September, 2003, we answer this question in the affirmative i.e. in favour of the assessee and against the Department. Appeal is disposed of accordingly. No order as to costs. (M.M. Ghildiyal, J.) (P.C. Verma, A.C.J.) Dt. 20.04.2004 G
Questions this judgment answers
What did the Court decide in this case?
The Court recorded the following disposition: Appeal is disposed of accordingly
Which statutory provisions did this judgment involve?
Income Tax Act, 1961.
Which court decided this case, and when?
Uttarakhand High Court, on 20 Apr 2004. The bench was M M GHILDIYAL.
Precedent status how later indexed judgments have treated this case
No known negative treatment found in the Courts & Cases corpus.
This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.