PRINCIPAL COMMISSIONER OF INCOME TAX -3, KOLKATA vs. M/S. ITC LIMITED
Appeal is allowed to the extent indicated
ITA/125/2018HC Calcutta27 Jun 2024
Bench: HON'BLE JUSTICE SURYA PRAKASH KESARWANI,HON'BLE JUSTICE RAJARSHI BHARADWAJ
property or any of its assets including additions,
renovations or refurbishings made hereafter, ELEL shall be
entitled to call upon ITC to purchase the Hotel at or the
mutually agreed price of Rs.15 lakhs per room irrespective of its
use or Rs.75 crores whichever is higher and upon ELEL
exercising such option under written intimation to ITC, ITC shall
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