PRINCIPAL COMM OF INCOME TAX -4, KOLKATA vs. M/S LINDE INDIA LIMITED

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

3) of the said Act. The first appellate authority by an order dated March 30, 2011 allowed the said appeal in part. By the said order the first appellate authority held that the Assessing Officer was not justified in making the disallowance of Rs.72,89,71,972/- and directed deletion of the amount disallowed by the Assessing Officer on such

MA/S SKYSCRAPER PROJECTS PVT LTD. vs. ADDITIONAL COMMISSIONER OF INCOME TAX, CIRCLE-10(2), KOLKATA

Bench: THE HON'BLE THE CHIEF JUSTICE T.S SIVAGNANAM,HON'BLE JUSTICE CHAITALI CHATTERJEE (DAS)

Section 40A (3) and Rule 6DD (j). No disallowance could have been made in view of the provisions of S. 40A

PRINCIPAL COMMISSIONER OF INCOME TAX 1 KOLKATA vs. M/S ITC LTD

Bench: The Learned Tribunal – One By The Assessee & The Other By The Revenue Which Have Been Disposed Of By A Common Order, Impugned In This Appeal. 2. The Revenue Has Raised The Following Substantial Questions Of Law For Consideration :

3 building was a capital receipt without examining the nature, specific terms and conditions of each of the contracts? (e) Whether the Learned Income Tax Appellate Tribunal was justified in presuming that the investment in tax freе securities were made out of own interest free fund and thereby deleting the disallowance of Rs.21,16,23,729/- of interest in terms

PRINCIPAL COMMISSIONER OF INCOME TAX-14, KOLKATA vs. PKS HOLDINGS

In the result, the appeal is partly allowed and the question nos

Bench: : The Hon’Ble Justice T.S. Sivagnanam

3 same, the ledger copy of the stock broker namely, M/s. Silpa Stock Broker Private Limited and Form 10DB was filed to substantiate the same. On considering the materials placed before the Assessing Officer, it was pointed out that on 27th November, 2006 the assessee sold its land and earned profits to the tune of several crores and immediately

PRINCIPAL COMM OF INCOME TAX, ASANSOL vs. M/S EASTERN COALFIELDS LTD

Accordingly, the appeal fails and it is dismissed

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

40A(9) of the Act? c) Whether on the facts and circumstances of the case and in law, the Learned Income Tax Appellate Tribunal, “C” Bench, was justified in reversing the finding of CIT (Appeals) in deleting the addition

C.I.T CENTRAL I vs. J. K. INDUSTRIES LTD.

Bench: : The Hon’Ble Justice T.S. Sivagnanam

40A(9) of the Income Tax Act, 1961 and in that view deleting the disallowance of Rs.17,05,646/- ? 2 ii) Whether on the facts and circumstances of the case ITAT erred in law in upholding CIT(A)’s decision in directing the AO to deduct the amount of Rs.20,45,07,768/- from the net profit to arrive