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namaa THIS THE 21″ may my G£TOBER; 2608
PRESENT
mam Hmw*BLE MR. suawzcn K.aEEEsaAR-$§0 f ‘.
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BETWEEN
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.,. RESPDNEENT
flhia I?A is filed uf3.2fi0ma Gfi I.T.Act, 19fi1
ariaimg mat cf flxdar dated O6w$9~20fl? gaaaed
in: Eifik Na.1?4?flBNGf2GG§, flax the .Asaas3ment
fear 2$fl$*2%$l, gzayimg that this Hbn’ble
fimurt may be pleased ta:
¢£%//,
igauaaafl mrstisssa tax thee raaponaant, after ansquiry
fmzmd €:.1:m’c tha raapmzndent ham viwlatafi. tltfia
mandate rszuf Sac. 194%}. Hsanae, €.’iiIISE3Z&3§§._ fii;3f1é ‘~
mmmparxy tr; deprmii: tfrm TBS amc>un*;.?; __:
intéx-amt am the T1253 amazurxt.
4% 3 ‘fixes C,E.T, in ap§3az3″‘i;_ :é:»;$eiifii:%*cz..n éd.,
c:”>’X!fi.Q-N53 ef tbs $3.0, The F§@}:%.£=Le’ 1..1atAé
oapgeafi. at ‘mm in3″gt.a4f;;aa xaésyaniitiant
pa1:t.Zy allwwerfi the L’vV:.g:’fiv’i:4:-;.c::’c::§.<;kz1 ta
gxfjr zizmtawaat Véaiszia, the
raat ::::fi V. ' manfirmad. 'rm
z"e:apat2r;e;e:.iza¥;:1*:Q"'L.3;sa , under the mzder: tat:
__$pli't..«§;§gm.%.L'*5yré&;;:§.__;:;gf§;§m tha intaraat liability
Vzfm:;ms.s,::Zr;s_..V_«$~:E'«..1:'12e aaaeaamant 'year. The revenue
agg;r1siAé:::~'efi .B:g [::§';'§xa:a azretgr 9f the Trihunaj. in
fianyifig"..'€"s't:;e ;§.r1.taa:1:aa't: ham filed the appeal. The
= V'.:;';5§'a§$::32':fiarfi;' has zmt gzrafaxtrafi any appeal
'agaigmfist the =-.:'*.»x;s:.'u3$.z' ts» the extent: adverse ts: its
V' "'i31 tax~rm&%3t .
In ‘the abwe appeaig the folimwing
Bllbfitfizltifil queatiwna tzaf law are fmrmulated.
fear ecxmmaigziarantiaxnz
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“ifi Whathar tha ?ribunfil waa amrract in
aalfiimg that an intmreat aged be paid by the
aaaeaaaa far nwm deductian of Tvfiibeimg
cwnawqmantial} afitaz having bald that tha
aaaeaa$& waa iiablfi ta defiant TBS an ;tfia =
imzeraat ammymnant paifi by having zemandédflt¢I;.”
varify caxtain facts and :e*cQmgufi& £he
imtaxaat? g””*
ii} fihathfixr tha Trihuaal ‘waS,T&arta¢:$..ifiLu”
haidimg that thare waa n@W§pedifiaVp§fi€ifi;9n
ta fiaduat TEE befmra inaartiafi Qf dlafisé i$ ta
aaatslmn mama; at t}.m__ Aw:”””a.;.i.;::; VEhg.mf§:s:~*a,”‘ the
aaaeaae3″fififie$ a E$m$fi§d£ ififivreaamnable cause
hmfi mm: dfldust$dfl§&fi¥$hd’hena$; nc intexeat
made: @amfi;Qn»2fi1{lfi% %a$ laviable when sunk a
ylwa waa,nwt”£aia5d?7″v
‘.°fi, ffi%finfiibunai field “”” that the zeapanfienta
aha .%@tfl*§nfii§§ad. ta pay interast an the
‘ “mmflefim§t3&~§flS ammmnt aincfi the said liability
” §fi@*;m tfia nature of pwnalty. In this regard,
«”tfifi*tribumal relied ugmn the deciaimn mf thia
“%”‘»:{;:«7:;§:: in Mittai Stael Ltd. Vs. cm, 249 Im
~ -..”:’€;W.
GP
liahifiity, Tfie tribunai hag rightky dixaat§&
that the intaxeat yaid ab$va Rs.5Q,$flGf-fiaQ:§ fl[‘
ha mplit &m$ £§ra@d away thg periafi,frflm fiha
it-1~
date intareat ia fiifififitfifi ta fig fi§$$¥ti§fi
gaymemt. If tha £pEaa§x Qva&1Ei5 gifigfiwzifi
majarity gfi gages, tha £a§p&@dafit flfi&y 3nat
imam: liability ta pa%*any’%§§;_:in th% é%ant;
Eha twspmndgnt §Qmita fi§S $§§ungjflfi flir@ctad
*1?” “§.’zu15-.b”a.*.f2?g1~’s”7’*’Q3.”r1i’\ :1??~§§=¢ –V’i’:a-:…..Vw}§i.«;:ecta=:1 1:9
hwlfi flue m@§§§ %¥§ui§§f%yDi§$fiimg nmtica to
thfl p$£m@fié #$§ $%#&Ei%§ai%§§ mnmpensatimn ta
fiafi amt ffi®ir’fi%QK§i%fiiiity an tha intareat
IECfiiW$fim If it ifi fmfimd that there 15 a tax
€;ia@ili%yFanxtha yéfiaan caneaxned, tha revenue
aBmfiifi “fi¢1léQfi} tha tax frwm the pazaan
2′ fl$hfiéflfiafi:~fi&& refund tha ammumt t0 the
‘*ff:éapmm&éntL Em 313$, ifi thara is ma tax
‘iiabiEi£y’ an aha pexamn mancernedg the T35
E Gfl;l§fltQd shaulfi be xafunfied ta the
A”&eapwmdamt¥ mt swurae with imtaxaat in eitha:
Cfflfififi
629/
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with ‘thfi ahwm wbaerwatimna, the
33. 3 as}. lawsad .
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