DEPUTY COMMISSIONER OF INCOME TAX(CENTRAL), JABALPUR vs. ANAND MINING CORPORATION, JABALPUR

In the result, the Cross Objection of the assessee is partly allowed

Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.

32,16,251/- to Nirmala Minerals i.e. as per books of accounts also the assessee has paid the royalty of Rs. 6,40,16,251/-. Since there is no difference in the royalty paid as per books of accounts and royalty payment appearing in form no 26AS, hence the addition of Rs. 1 lakh made by the AO is deleted

ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 2(1), JABALPUR vs. CHETANAYA PROMOTERS AND DEVLOPERS,, JABALPUR

In the result, on this ground, appeal of the Revenue as well as appeal of the assessee is hereby dismissed