M/S. OUTOTEC GMBH vs. DEPUTY COMMISSIONER OF INCOME TAX, (INTERNATIONAL TAX)-2(1)
Appeal is allowed on contest
ITA/96/2018HC Calcutta17 Aug 2021
Bench: HON'BLE JUSTICE RAJESH BINDAL, CHIEF JUSTICE (ACTING),HON'BLE JUSTICE RAJARSHI BHARADWAJ
For Appellant: Mr. Milon Mukherjee, Sr. AdvFor Respondent: Mr. Pulakesh Bajpayee, Adv
Section 109Section 120BSection 13(1)(e)Section 13(2)Section 7
191/- approximately during the period between 31st March,
2005 to 9th January, 2013, while his income from salary was
Rs.30,37,334/-, agricultural income was Rs.2,98,600/-. He had incurred
expenditure of Rs.57,35,777/- towards his household expenses, payment
of LIC premium/medi claim policy, repayment of loan, education of
children and other expenses. The value of assets