BharatTax.net
← All Phrases

“Section 49(1)(iii)(c)”

Section References (mined)Section 49Section 49(1)(iii)(c)2 judgments

M/S ESTIN TIE UP PVT. LTD.,KOLKATA vs. A.C.I.T., CENTRAL CIRCLE-1(2), KOLKATA

In the result, the two cross appeals filed by the assessee as well as the Revenue are partly allowed for statistical purposes

ITA 32/KOL/2020[2013-14]Status: DisposedITAT Kolkata20 Nov 2025AY 2013-14

Bench: Shri Duvvuru Rl Reddy & Shri Rakesh Mishra

Section 143(3)Section 50C(1)Section 55A

assuming the cost of acquisitions of land in the hands of BFM Industries amounting to ₹1 Crore as per provisions of section 49(1)(iii)(c) of the Act arbitrarily without any basis or whatsoever and without referring the matter to the DVO u/s 55A of the Act read with

A.C.I.T.,CENTRAL CIRCLE-1(2), KOLKATA vs. M/S ESTIN TIE UP PVT. LTD., KOLKATA

In the result, the two cross appeals filed by the assessee as well as the Revenue are partly allowed for statistical purposes

ITA 141/KOL/2020[2013-14]Status: DisposedITAT Kolkata20 Nov 2025AY 2013-14

Bench: Shri Duvvuru Rl Reddy & Shri Rakesh Mishra

Section 143(3)Section 50C(1)Section 55A

assuming the cost of acquisitions of land in the hands of BFM Industries amounting to ₹1 Crore as per provisions of section 49(1)(iii)(c) of the Act arbitrarily without any basis or whatsoever and without referring the matter to the DVO u/s 55A of the Act read with