DECLARE @dt  DATETIME          = '2014-07-07 09:49:33.000';
DECLARE @dto DATETIMEOFFSET(2) = '2014-07-07 09:49:33.00 +07:00';

PRINT CASE WHEN @dt = @dto THEN 'Equals matches'
           ELSE 'Equals does not match'
      END

PRINT CASE WHEN @dt = CAST(@dto AS DATETIME) THEN 'Cast matches'
           ELSE 'Cast does not match'
      END