PRINCIPAL COMMISSIONER OF INCOME TAX-3, KOLKATA vs. M/S. EIH LTD
ITAT/39/2020HC Calcutta17 Jan 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
Section 14ASection 194HSection 195Section 2Section 2(47)Section 260ASection 40Section 50BSection 9(1)
capital
gains under section 50B and section 2(42C) of the Income
Tax Act?
(ii)
Whether on the facts and in the circumstances of the
case, the Learned Tribunal erred in law in deleting the
disallowance of Rs.2,84,00,909/- being 60% of the
aggregate
expenditure
incurred
on
running
and
maintenance of aircrafts without considering that the
aircrafts were
