COMMISSIONER OF INCOME TAX (LARGE TAX PAYERS UNIT) KOLKATA vs. M/S CENTURY PLYBOARDS (I) LTD

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE SUPRATIM BHATTACHARYA

2)(b) of the Act, they cannot claim exemption under Section 80IC of the Act. To test the correctness of the contentions raised by the revenue before us, we have carefully examined the order passed by the Commissioner of Income Tax (Appeals),-XII, Kolkata [CIT(A)] dated 14th May, 2013. The assessing officer denied the claim of exemption

COMMISSIONER OF INCOME TAX (LARGE TAX PAYERS UNIT), KOLKATA vs. M/S. CENTURY PLYBOARDS (I) LTD

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE SUPRATIM BHATTACHARYA

2)(b) of the Act, they cannot claim exemption under Section 80IC of the Act. To test the correctness of the contentions raised by the revenue before us, we have carefully examined the order passed by the Commissioner of Income Tax (Appeals),-XII, Kolkata [CIT(A)] dated 14th May, 2013. The assessing officer denied the claim of exemption

COMMISSIONER OF INCOME TAX (LARGE TAX PAYERS UNIT) KOLKATA vs. CENTURY PLYBOARDS (INDIA) LTD.

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE SUPRATIM BHATTACHARYA

2)(b) of the Act, they cannot claim exemption under Section 80IC of the Act. To test the correctness of the contentions raised by the revenue before us, we have carefully examined the order passed by the Commissioner of Income Tax (Appeals),-XII, Kolkata [CIT(A)] dated 14th May, 2013. The assessing officer denied the claim of exemption

PRINCIPAL COMMISSIONER OF INCOME TAX 1 KOLKATA vs. M/S SUVARNA COMMERCIAL PVT LTD

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

2)(b) of the Act, they cannot claim exemption under Section 80IC of the Act. To test the correctness of the contentions raised by the revenue before us, we have carefully examined the order passed by the Commissioner of Income Tax (Appeals),-XII, Kolkata [CIT(A)] dated 14th May, 2013. The assessing officer denied the claim of exemption

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 :

disallowance of Rs.21,16,23,729/- of interest in terms of Section 14A of the Income Tax Act, 1961 read with Rule 8D (2)(ii) of the Income Tax Rules 1962, without considering the fact that the assessee was having interest bearing borrowings which were used for mixed purposes including investment and without appreciating the effect of the clarificatory amendment

PRINCIPAL COMMISSIONER OF INCOME TAX-3, KOLKATA vs. M/S. EIH LTD

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

5 company without deducting tax at source under section 194H of the Income Tax Act? (x) Whether on the facts and in the circumstances of the case, the Learned Tribunal erred in law in deleting the disallowance under section 40(a)(i) of Rs.3,06,20,256/- paid as commission to non-resident by ignoring the fact that such commission

KESORAM INDUSTRIES LIMITED vs. PRINCIPAL COMMISSIONER OF INCOME TAX - 2, KOLKATA

The appeals are allowed and substantial

Bench: Us In These Two Appeals.

disallowance voluntarily made by the assessee was not acceptable. The assessee further contended that sub-section (2) of Section 14A does not enable the Assessing Officer to apply the method prescribed under rule 8D without determining in the first instance the correctness of the claim of the assessee, having 5

PRINCIPAL COMMISSIONER OF INCOME TAX ASANSOL KOLKATA vs. RAKESH JHUNJHUNWALA

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX ,BURDWAN vs. BIJAYA TAH

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. JEMISH SHAH

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PR CIT 9, KOLKATA vs. MANISHA TIKMANI

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA vs. SRI VIKASH GOEL

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. AAYUSH JHUNJHUNWALA

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. SHRI MAHENDRA KUMAR PERIWAL

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA vs. KRISHNA KUMAR PARSURAMKA

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX-9, KOLKATA vs. GITESH TIKMANI

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX 9, KOLKATA vs. PUSPA DEVI TIKMANI

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX, SILIGURI vs. PRAKASHO DEVI SARIA

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA

PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. POOJA JHUNJHUNWALA

In the result, these appeals are allowed and the substantial

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

2 of 150 ITAT/42/2020 IA NO. GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-I, KOLKATA VERSUS TAPATI SAHANA IA NO. GA/2/2020 IN ITAT/43/2020 PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS SOUVIK SAHANA IA NO. GA/2/2020 IN ITAT/44/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-12, KOLKATA VERSUS MUKTA AGARWAL ITAT/64/2020 IA NO: GA/2/2020 PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA