that it is in a matter of "approval of M/s BSES Ltd) (Now a Reliance Energy Ltd)'s
annual revenue requirements ... factors,
objections and also the details, particularly, the statements submitted by the BSES,
objections from the general public and ultimately made various adjustments towards
capital
that it is in a matter of "approval of M/s BSES Ltd) (Now a Reliance Energy Ltd)'s
annual revenue requirements ... factors,
objections and also the details, particularly, the statements submitted by the BSES,
objections from the general public and ultimately made various adjustments towards
capital
decisions of the Bombay High Court in the cases of CIT vs BSES ,
142 ITR 298 and Ahmedabad Electricity
total to the
amount of `6,67,664/-. Further to that, again BSES payment and other
payments were made which again gave a total
Sutlej Industries Ltd. , 325 ITR 331;
ii) DCIT Vs. BSES Ltd., 113 TTJ 227; and
iii) Addl.CIT Vs. Green
appeal ld. CIT(A) following the decision in DCIT vs. BSES Ltd. (113 TTJ 227), Addl. CIT vs. Grindwell Norton
ITAT] and Mumbai ITAT decision in the case of DCIT vs. BSES Ltd. , 113 TTJ
227 (Mum).
2.4 Aggrieved by such order
assessee
company is a joint venture between BSES Ltd. and NTPC Ltd., which was formed
on 23-11-1995. The assessee company is engaged
decision of ITAT,
Mumbai bench in the case of CIT Vs. BSES Ltd. , 113 TTJ
227(Mum.) directed the AO to grant interest
erred in considering the interest received on
security deposit with BSES Ltd. `.7150/- and Interest on Sales
Tax Refund `.10185/- and interest from customers ... Following the same we hold that interest on security deposits with
BSES and interest from customers on delayed payments should be
treated as income from
