2018 (9) TMI 794

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..... UDGMENT T. S. SIVAGNANAM, J. This Tax Case Appal filed by the Revenue is directed against the order passed by the Income Tax Appellate Tribunal, Chennai-A Bench in ITA No.2280/Mds/2003 for the assessment year 2000-01. 2.This Appeal has been admitted on 21.07.2008, on the following Substantial Questions of Law: "1.Whether in the facts and circumstances of the case, the Tribunal was right in ho .....

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..... came up for consideration before the Division Bench of this Court, to which one of us (T.SIVAGNANAM,J. was a party), in the case of Commissioner of Income Tax vs. Aban Loyd Chiles Offshore Ltd [(2014) 366 ITR 483 (Mad)]. The Division Bench, after taking note of the decision in the case of Commissioner of Income Tax vs. Tulsyan Nec Ltd [(2011) 330 ITR 226(SC))], answered the Substantial Questions o .....

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..... favour of the assessee, this Court reported in (2009) 314 ITR 137(Delhi) holding that the credit under Section 115JAA should be given effect to before charging of interest under Sections 234A, 234B, 234C of the Act. This was confirmed by the Apex Court in the decision reported in (2011) 330 ITR 226(SC) in the case of Commissioner of Income Tax vs. Tulsyan Nec Ltd." 6.Thus, following the above re .....

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