Dogra
r/o D-4, Type-5,
Hudco Place, New Delhi.
Posted at:
NIC H.Q., CGO Complex
New Delhi.
26. Sumeet Jethra
Scientist ... Jethra
r/o DB-201, Block 3B,
Transit Flats, Hudco Place,
Andrews Ganj, New Delhi.
Posted at:
NIC H.Q., CGO Complex
New Delhi
which was earned on investment of surplus
HUDCO loan for building bridges temporary parked in investments to yield
income, as income from other sources ... Assessee availed loans from
HUDCO for the purpose of construction of bridges. The amount of loan
disbursed by HUDCO till utilization for the purpose
Shri Sanjiv Kumar Jain vs Regional Passport Office, Hudco And All ... on 3 July, 2006
ORDER
Brief Facts:
1. The case pertains
Jalandhar-144 001,
Punjab.
6 Smt.Anil Grover, Superintendent,
Regional Passport Office,
HUDCO Trikoot-111 Building,
Bhikaji Cama Place, RK Puram,
New Delhi ... Punjab.
8 Shri N.C.Mitra, Superintendent,
Regional Passport Office,
HUDCO Trikoot-111 Building,
Bhikaji Cama Place, RK Puram,
New Delhi-110 066.
9 Shri
Housing & Urban Development Vs. Addl CIT,
Corporation Ltd (HUDCO), Range-12,
HUDCO Bhawan, Lodhi Road, New Delhi
New Delhi
(Appellant) (Respondent)
PAN:AAACH0632A ... Housing & Urban Development Vs. Addl CIT,
Corporation Ltd (HUDCO), Range-4,
HUDCO Bhawan, Lodhi Road, New Delhi
New Delhi
(Appellant) (Respondent)
PAN:AAACH0632A
Dcit, New Delhi vs M/S Hudco Ltd.,, New Delhi on 4 November, 2024
INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH "C": NEW DELHI ... Housing & Urban Development Vs. Addl CIT,
Corporation Ltd (HUDCO), Range-12,
HUDCO Bhawan, Lodhi Road, New Delhi
New Delhi
(Appellant) (Respondent)
PAN:AAACH0632A
Bang/2018 assessment years
deployment of 2008-09 to 2012-13
HUDCO loan funds
Issue II: Interest on 805, 808/B/2017 Cross appeals filed ... interest earned on the fixed
deposits made out of borrowed funds from HUDCO, to tax under
income from other sources.
8. The assg. authority
documents pertaining to term loan. The assessing officer has
called information from HUDCO, Ahmedabad. The assessing officer has
stated that as per the letter received ... lacs was estimated cost of the project as stated by the HUDCO and
I.T(SS).A Nos. 585, 586, 596 & 597/Ahd/2011
viii) on interest income of Rs. 24,11,75,651/-
cared from HUDCO Bonds constitutes change of opinion and therefore, ought to
have quashed / annulled ... holding that the interest income of Rs.
24,11,75,651/- on HUDCO bonds is an investment income and not income earned
on loan / advances
viii) on interest income of Rs. 24,11,75,651/-
cared from HUDCO Bonds constitutes change of opinion and therefore, ought to
have quashed / annulled ... holding that the interest income of Rs.
24,11,75,651/- on HUDCO bonds is an investment income and not income earned
on loan / advances
