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1985 (7) TMI 80
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....ee, was assessed to income-tax for the assessment year 1974-75, the accounting year ending on December 31, 1973. The assessee is a non-resident company whose accounts are maintained outside India. By reason of non-receipt of necessary particulars, in time, the assessee applied for extension of time for filing its return. Time to file its return was extended up to December 31, 1974. The assessee, i....
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....after deducting the amount paid in advance. Being aggrieved by the order of the AAC, the Revenue went up on appeal before the Income-tax Appellate Tribunal. It was found by the Tribunal that the assessee had been given credit for the amount paid in advance as tax and held that the assessee was entitled to the deduction of the said amount for the purpose of computation of interest. The order of ....