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3 results for “disallowance”+ Section 35E(2)clear

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Key Topics

Section 143(3)3Section 35E3Disallowance3Addition to Income3Section 14A2Section 372

MAHANADI COALFIELDS LTD.,SAMBALPUR vs. DCIT, CIRCLE-2(1), SAMBALPUR

In the result, appeal of the assessee is partly allowed for

ITA 174/CTK/2018[2015-16]Status: DisposedITAT Cuttack05 Jun 2020AY 2015-16

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.174/Ctk/2018 (नििाारण वषा / Assessment Year : 2015 - 2016) Mahanadi Coalfields Ltd., Vs. Dcit, Circle-2(1), Sambalpur Jagriti Vihar, Burla, Sambalpur स्थायी ऱेखा सं./Pan No. : Aabcm 5188 P (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. यनधागररती की ओर से /Assessee By : Shri S.S.Podar, Ca राजस्व की ओर से /Revenue By : Shri S.M.Keshkamat, Citdr सुनवाई की तारीख / Date Of Hearing : 15/01/2020 घोषणा की तारीख/Date Of Pronouncement : 05/06/2020 आदेश / O R D E R Per L.P.Sahu, Am :

For Appellant: Shri S.S.Podar, CAFor Respondent: Shri S.M.Keshkamat, CITDR
Section 143(3)Section 14ASection 32Section 35ESection 37Section 37(1)

2. That the Learned Assessing Officer as well as CIT (Appeals) has not provided sufficient opportunity to the assessee to present its case with all evidences. 3. That on the facts and in the circumstances of the case the authorities below has erred in making/upholding followings additions/ disallowances in full/part: 3 3.1. Depreciation on Leasehold Land

ACIT, SAMBALPUR vs. M/S MAHANADI COALFIELDS LTD, SAMBALPUR

In the result, appeals filed by the revenue for the assessment years

ITA 397/CTK/2013[2010-11]Status: DisposedITAT Cuttack20 Mar 2018AY 2010-11

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

For Appellant: Shri S.S.Poddar/N.Kedia, ARFor Respondent: Shri Piyush Kolhe, CIT DR
Section 143(3)

35E also show that mining of ore is treated as "production"— Language of these sections is similar to the language of s. 32A(2)— There is no reason to assume that the word "production" was used in a different sense in s. 32A—Consequently, assessee was entitled to investment allowance in respect of machinery used in mining activity.” Hence, since

DCIT, CIRCLE-2(1), SAMBALPUR vs. MAHANADI COALFIELDS LTD., SAMBALPUR

In the result, appeal of the Revenue is partly allowed for statistical purposes

ITA 181/CTK/2018[2015-16]Status: DisposedITAT Cuttack24 Sept 2019AY 2015-16

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.181/Ctk/2018 (नििाारण वषा / Assessment Year :2015-2016) Dcit, Circle-2(1), Sambalpur Vs. M/S Mahanadi Coalfields Ltd At/Po: Jagruti Vihar, Burla, Dist-Sambalpur-768020 स्थायी ऱेखा सं./Pan No. : Aabcm 5188 P (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. राजस्व की ओर से /Revenue By : Shri S.M.Keshkamat, Cit Dr ननधााररती की ओर से /Assessee By : Shri S.S.Poddar, Fca

For Appellant: Shri S.S.Poddar, FCAFor Respondent: Shri S.M.Keshkamat, CIT DR
Section 12ASection 143(2)Section 143(3)Section 17(2)(iii)Section 35ESection 80G

2) & 142(1) of the Act were issued to the assessee. In response to the same, the assessee appeared, offered explanations and filed necessary documents. The AO completed the assessment u/s.143(3) of the Act assessing total income of the assessee at Rs.7893,22,90,000/- after making certain additions/disallowances. 4. Feeling aggrieved by the order of AO, the assessee