DCIT, Cir-12(2), Kolkata vs. M/S. Tega Industries Ltd., Kolkata
In the result, the Cross Objections filed by the assessee (in C
ITA 1049/KOL/2017[2011-12]Status: DisposedITAT Kolkata31 Oct 2019AY 2011-12
Bench: Shri A.T. Varkey, Jm & Dr. A. L.Saini, Am
For Appellant: DR. P. K. Srihari, CIT-DRFor Respondent: Shri Chidambaram, Advocate
Section 14ASection 92C
…t case at p. 849 of the report in so far as it distinguished the decision of the Supreme Court in the case of Davenport & Co. P. Ltd. [1975] 100 ITR 715. We may also refer to the decision of this court in the case of CIT v. Arun General Industries Ltd. [1977] 110 ITR 286, where all these previous decisions of this court have been noted. Except the Madras High Court in the case of R. Chinnaswami Chettiar v. CIT [1974] 96 ITR 353, all other High Courts have taken a similar view. The decision of the Supreme Court in the case of Davenport & Co. P. Ltd. [1975] 100 ITR 715 upon which reliance was placed by learned advo…