Delhi H.C : Whether the Income-tax Appellate Tribunal has rightly upheld the decision of the Commissioner of Income-tax (Appeals) allowing the relief to the assessee-company by holding that refund of excise duty amounting to Rs. 12,46,29,000 claimed by the assessee-company from the Director General of Foreign Trade is not income under section 5 read with section 28(iii)(b) of the Act in the hands of the assessee-company ?

High Court Of Delhi Commissioner of Income-tax vs. Maithon Power Ltd. Section 28(iiic) Assessment year 2009-10 Dr. S. Muralidhar And Vibhu Bakhru, JJ. IT Appeal No. 5 Of 2015 July 21, 2015 JUDGMENT 1. This appeal under section 260A of the Income-tax Act, 1961 (“the Act”) is directed against the order dated May 9, 2014,…

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