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2015 (7) TMI 1349
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....ER AND SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER For the Appellant : Shri K.P. Dewani. For the Respondent : Shri Narendra Kane. ORDER Per Bench. These seven appeals have been filed by the assessee emanating from theorders of learned CIT(Appeals)-I, Nagpur dated 6th March, 2013, 31-01-2013 and 05-04-2013 pertaining to assessment years 2003-04 to 2009-10. Since these appeals have common gr....
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....x incentive availed at Rs. 33,74,087/- under scheme of incentive by Government of Maharashtra is capital receipt and not chargeable to tax. 4. The assessee denies liability to be assessed to interest u/s 234C of the I.T. Act, 1961 without prejudice, the levy of interest u/s 234-C is unjustified, unwarranted and excessive. 3. On identical facts and circumstances we have taken a view in ....