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 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Mitsui & Co. Ltd. Plot No. D1, 4th Floor, Selcon Ras Vilas, District Centre, Saket, New Delhi vs. DDIT (International Taxation) Circle-3(1) New Delhi.
September, 23rd 2020

This appeal filed by the assessee is directed against the order dated 29.5.2015 of the Ld. CIT(A) – 43, New Delhi relating to assessment year 2010-11


2. The facts of the case, in brief, are that the assessee is a company incorporated in Japan and is one of biggest trading houses of the world. The assessee is involved in trading from needle to airplane engines. Assessee also undertakes several projects in connection with big industrial installations power projects.

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