https://www.taxtmi.com/caselaws?id=185094 The appeals were filed by the Revenue challenging the decision of the Income Tax Appellate Tribunal regarding exemption of interest payment on loans from non-resident companies under section 10(15)(iv)(f) of the Income Tax Act, 1961. The Tribunal had held that tax deduction at source was not required for interest payments to non-residents. However, the court refused to condone the significant delay of over 1200 days in filing Notices of Motions, noting potential prejudice to the assessee. Consequently, all Notices of Motion were dismissed without costs, and the appeal papers were directed to the Record Department. en-us Mon, 20 Jun 2011 00:00:00 +0530 Sat, 30 Jul 2016 14:52:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185094 The appeals were filed by the Revenue challenging the decision of the Income Tax Appellate Tribunal regarding exemption of interest payment on loans from non-resident companies under section 10(15)(iv)(f) of the Income Tax Act, 1961. The Tribunal had held that tax deduction at source was not required for interest payments to non-residents. However, the court refused to condone the significant delay of over 1200 days in filing Notices of Motions, noting potential prejudice to the assessee. Consequently, all Notices of Motion were dismissed without costs, and the appeal papers were directed to the Record Department. Case-Laws Income Tax Mon, 20 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185094