M/S Mitsui Engineegin & Ship.C vs The Asst. Director Of Income T
Judges (2)
Counsel (3)
Case Significance
M/S Mitsui Engineegin & Ship.C vs The Asst. Director Of Income T is a Delhi High Court decision dated February 23, 2026 (citation: ik-4344317). A Japanese company challenged the Director of Income Tax's rejection of its application under Section 154 for additional interest under Section 244(1A) of the Income Tax Act for Assessment Year 1988-89. The rejection was based on a Bombay High Court judgment in Sandvik Asia that was subsequently reversed by the Supreme Court. The Court allowed the petition, quashed the 2005 order, and directed the competent authority to pass a fresh order within 3 months with interest at 1% per annum from Jun The bench comprised Justices Dinesh Mehta and Vinod Kumar. The judgment was delivered by Justice Dinesh Mehta. Counsel appearing: Easha Gurung (counsel for respondent), Rajiv Tyagi (counsel for petitioner), Siddhartha Sinha (counsel for respondent).
Summary
A Japanese company challenged the Director of Income Tax's rejection of its application under Section 154 for additional interest under Section 244(1A) of the Income Tax Act for Assessment Year 1988-89. The rejection was based on a Bombay High Court judgment in Sandvik Asia that was subsequently reversed by the Supreme Court. The Court allowed the petition, quashed the 2005 order, and directed the competent authority to pass a fresh order within 3 months with interest at 1% per annum from June 2026 if not complied with.
What was the outcome of M/S Mitsui Engineegin & Ship.C vs The Asst. Director Of Income T?
A Japanese company challenged the Director of Income Tax's rejection of its application under Section 154 for additional interest under Section 244(1A) of the Income Tax Act for Assessment Year 1988-8...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-4344317)