TMI Blog2009 (8) TMI 23X X X X Extracts X X X X X X X X Extracts X X X X ..... mption under Section 10(10CC) of the Act was claimed. The Assessing Officer (for short A.O.) noticed that no exemption under the said provision of the Act was available to the assessees and a notice under Section under Section 148 of the Act was issued - A.O. did not allow the exemption on the perquisite claimed by them and after applying principle of multiple stage grossing up’, the income was as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and as the question of law to be answered in all these appeals is the same, therefore, for the sake of convenience, they are being decided by this common judgment. 2. By the order impugned in these appeals, the learned ITAT has upheld the order passed by the Commissioner of Income Tax (Appeals) (for short CITA) observing that there is no infirmity in the order of the CITA deleting the intere ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Act was available to the assessees and a notice under Section under Section 148 of the Act was issued requiring them to file a return as specified in the notice. The notice was replied that the original return submitted to the A.O. be treated as final return. The A.O. after giving opportunity of hearing to the parties, did not find favour with the assessees and the A.O. did not allow the exempti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s. Halliburton Offshore Services Inc. [2004] 271 ITR 0395]. Learned counsel for the respondent also submitted that the present appeals are squarely covered by the subsequent Division Bench judgment dated 8-8-2008 passed by this Court in Income Tax Appeal No. 56 of 2007, The Commissioner of Income Tax, Dehradun and another Vs. M/s Oil Ltd., C/O M/s Nangia Co., CA's, 75/1, Rajpur Road, Dehradun. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on Bench of this Court in Income Tax Appeal No. 56 of 2007, The Commissioner of Income Tax, Dehradun and another Vs. M/s Oil Ltd., C/O M/s Nangia Co., CA's, 75/1, Rajpur Road, Dehradun. Hence all the appeals preferred by the revenue are liable to be dismissed on merits in terms of the said order. 9. All the 32 appeals preferred by revenue/appellants are dismissed on merits in terms of the judgme ..... X X X X Extracts X X X X X X X X Extracts X X X X
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