DEYS MEDICAL (U.P.) PRIVATE LIMITED vs. PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL 2 KOLKATA

Bench: HON'BLE JUSTICE RAJARSHI BHARADWAJ,HON'BLE JUSTICE UDAY KUMAR

6. During scrutiny, the Assessing Officer disallowed these reimbursed expenses under Section 40(a)(ia), holding that the appellant had failed

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 :

6 unexpired discount on forward contracts, market to market loss of forward contracts, designed charges, non-deduction of TDS for information technology expense, information technology expense, patent registration charges, advances written off, excise duty debited to profit and loss account, disallowance under Section

PRINCIPAL COMMISSIONER OF INCOME TAX, KOL-3, KOLKATA vs. SIKARIA INFRAPROJECTS PVT. LTD.

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani

Section 133(6) of the Act, 1961: Rs.4,89,43,299/-. 4 iv) Penalty amount not disallowed by the assessee

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

The appeals are allowed and substantial

Bench: Us In These Two Appeals.

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 regard to the accounts of the assessee. The assessee placed reliance on the decision in the case of Godrej & Boyce Mfg. Co. Ltd. –Vs- DCIT reported

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

In the result, the appeal filed by the revenue is

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

6 ITA/93/2008, the High Court of Bombay held that the “person” mentioned in Section 195 of the Act cannot be expected to do the impossible, namely, to apply the expanded definition of “royalty” inserted by Explanation 4 to Section 9(1)(vi) of the Act for the assessment years in question, at a time when such Explanation was not actually

COMMISSIONER OF INCOME TAX 14 KOLKATA vs. RAMESH CHAND GUPTA

In the result, the appeal filed by the revenue is

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

6 ITA/93/2008, the High Court of Bombay held that the “person” mentioned in Section 195 of the Act cannot be expected to do the impossible, namely, to apply the expanded definition of “royalty” inserted by Explanation 4 to Section 9(1)(vi) of the Act for the assessment years in question, at a time when such Explanation was not actually

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

disallowance under Section 40(a)(ia) was restricted to the extent of Rs.72,89,71,972/-. 6. The Assessee Company

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

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

disallowance under section 40(a)(i) of Rs.3,06,20,256/- paid as commission to non-resident by considering the facts pertaining to such expenses were not produced by the assessee before the assessing officer? We have heard Mr. S.N. Dutta, learned standing counsel assisted by Mr. Soumen Bhattacharjee, learned Counsel appearing for the appellant/revenue and Mr. J.P. Khaitan, learned

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL -1, KOLKATA vs. SURAJ SAHANA

In the result, these appeals are allowed and the substantial

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

PRINCIPAL COMMISSIONER OF INCOME TAX vs. MUKESH SARAOGI (HUF)

In the result, these appeals are allowed and the substantial

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME

PRINCIPAL COMMISSIONER OF INCOME TAX-15, KOLKATA vs. SMT. BABITA AGARWAL

In the result, these appeals are allowed and the substantial

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

6 of 150 IA NO. GA/2/2021 IN ITAT/89/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA Vs AAYUSH JHUNJHUNWALA HUF IA NO. GA/2/2021 IN ITAT/101/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA VERSUS SMT. SHILPA DAULAT IA NO. GA/2/2021 IN ITAT/103/2021 PRINCIPAL COMMISSIONER OF INCOME TAX-18, KOLKATA VERSUS M/S.PREM BALA PUROHIT IA NO. GA/2/2021 IN ITAT/122/2021 PRINCIPAL COMMISSIONER OF INCOME