M/S BENGAL SHRISTI INFRASTRUCTURE DEVELOPMENT LIMITED,DURGAPUR vs. ACIT, CIRCLE-2, DURGAPUR, DURGAPUR

In the result, appeal of the assessee is allowed in part

Section 80-IB of the Act. b) No evidence is placed on record that the size of all the flats constructed in the two projects do not exceed the limit of 1500 sq. ft. c) No separate accounts have been have been maintained for the two projects, profits from which are claimed to be exempt

BISHISTA BAGCHI,KOLKATA vs. DCIT, CPC, BANGALORE

Shri Sanjay Gargi.T.A. No.540/Kol/2021 Assessment Year: 2017-18 Bishista Bagchi..........................………………............................…….…………….....Appellant 3C, Santosh Garden, 8, Ekdalia Road, Ballygunj, Kolkata. [Pan:Ayapb6940J] Vs. Dcit, Cpc, Bengaluru………….…..…...............……........……...…..……………Respondent Appearances By: Shri Indranil Banerjee, Ar,Appeared On Behalf Of The Appellant. Shri Gautam Mondal, Addl. Cit-Dr,Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing :January 31, 2022 Date Of Pronouncing The Order : March 15, 2022 Hearing Through Video Conferencing Order The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 07.10.2021 Of The National Faceless Appeal Centre [Hereinafter Referred To As‘Cit(A)’] Passed U/S 250 Of The Income Tax Act(Hereinafter Referred To As The ‘Act’). The Assessee In This Appeal Has Taken The Following Grounds Of Appeal: