COMMISSIONER OF INCOME TAX, KOL-I, KOL vs. M/S. JINDAL INDIA LTD.
In the result, the appeal filed by the revenue
ITA/95/2011HC Calcutta16 Mar 2023
Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Hiranmay Bhattacharyya Date : 16Th March, 2023 Appearance : Mr. Smarajit Roychowdhury, Adv. ...For The Appellant. Mr. J. P. Khaitan, Sr. Adv. Mr. Sanjoy Bhowmick, Adv. Ms. Swapna Das, Adv. ...For The Respondent. The Court : This Appeal Filed By The Revenue Under Section 260A Of The Income Tax Act, 1961 (The ‘Act’ For Brevity) Is Directed Against The Order Dated 30Th November, 2010 Passed By The Income Tax Appellate Tribunal, “A” Bench, Kolkata (The Tribunal) In Ita No.368 & 369/Kol/2010 Years 2005- 06 & 2006-07. The Revenue Has Raised The Following Substantial Questions Of Law For Consideration:
Section 2(18)(b)Section 2(22)(e)Section 260ASection 31
18)(b)(B)(c) and Section 2(22)(e) of
the Income Tax Act ?
We have heard Mr. Smarajit Roychowdhury, learned
standing counsel appearing for the appellant/revenue and Mr. J.
P. Khaitan, learner Senior Counsel assisted by Mr. Sanjoy
Bhowmick and Ms. Swapna Das, learned Advocates for the
respondent/assessee.
It is not in dispute that the tax effect
