RUNGTA IRRIGATION LIMITED,NEW DELHI vs. A.C.I.T., CENTRAL CIRCLE 3(1), KOLKATA
In the result, all the appeals of the assessee are allowed and all the appeals of the revenue stand dismissed
ITA 2316/KOL/2024[2015-16]Status: DisposedITAT Kolkata15 May 2025AY 2015-16
Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm]
Section 133ASection 143Section 143(3)Section 147Section 148Section 151
Section 7(5)(a) of the IBC but a different word, that is, 'shall' in the otherwise almost identical provision of Section 9(5)(a) shows that 'may'
and 'shall' in the two provisions are intended to convey a different meaning. It is apparent that Legislature intended Section 9(5