KANCHAN TREE PLANTATION PVT. LTD.,KOLKATA vs. JCIT, RANGE-2, KOLKATA, KOLKATA

This is an appeal filed by the assessee directed against the order of the ld. Commissioner of Income Tax (Appeals)-I, Kolkata (hereinafter the ‘Ld. CIT(A)’), dt. 20/06/2017, passed u/S. 250 of the Income Tax Act, 1961 (hereinafter the ‘Act’), relating to Assessment Year 2011-12, on the following grounds:- “1. The order of the learned CIT(A)-1 confirming the disallowance of Bonus of Rs.8,95,000/- is bad in law and facts.”

Assessment Year: 2011-12 Kanchan Tree Plantation PrivateLtd 2. After hearing rival contentions, I am of the opinion that the issue in question should be restored to the file of the Assessing Officer for verifying whether the bonus amount was paid on or before the due date of filing of the return by the assessee. If the amount is paid on or before the due date of filing of return, the addition in question cannot be raised.