DCIT, CIR-12(2),KOLKATA, KOLKATA vs. M/S. SELVEL MEDIA SERVICES PVT. LTD., KOLKATA
In the result, the appeal filed by the Revenue ( Ground No
ITA 2205/KOL/2014[2011-2012]Status: DisposedITAT Kolkata30 Aug 2017AY 2011-2012
Bench: Shri N. V. Vasudevan, Jm & Dr. A.L.Saini, Am आयकर अपील सं./Ita No.2205/Kol/2014 (िनधा"रण वष" / Assessment Year: 2011-12 D.C.I.T, Cirle-12(2), Vs. M/S Selvel Media Services Pvt. Ltd. Kolkata 10/1B, Diamond Harbour Road, Kolkata – 700 027. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aadcs 7951 G (Revenue/Department) .. (Assessee) Assessee By :Shri Subash Agarwal, Advocate Revenue/Department By :Shri G. Mallikarjuna, Cit Dr सुनवाई की तारीख / Date Of Hearing : 13/07/2017 घोषणा की तारीख/Date Of Pronouncement : 30/08/2017 आदेश / O R D E R Per Dr. Arjun Lal Saini, Am: The Captioned Appeal Filed By The Assessee, Pertaining To Assessment Year 2011-12, Is Directed Against The Order Passed By The Ld. Commissioner Of Income Tax (Appeals)–Xii, Kolkata, In Appeal No.237/Xii/Cir-12/14-15 Dated 17.09.2014, Which In Turn Arises Out Of An Order Passed By The Assessing Officer U/S.143(3) Of The Income Tax Act 1961, (Hereinafter Referred To As The ‘Act’), Dated 20.03.2014. 2. Revenue Has Taken The Following Grounds Of Appeal: 1. “That In The Facts & Circumstances Of The Case & In The Law The Ld. Cit(A) Erred In Deleting The Disallowance Of Rs. 1,42,76,824/- Made By The A.O. On Depreciation On Hoarding Structures.” 2. “That In The Facts & Circumstances Of The Case & In The Law The Ld. Cit(A) Erred In Deleting The Disallowance Of Rs. 1,66,53,847/- Made By The A.O. On Account Of Deduction U/S. 80-Ia.”
For Appellant: Shri Subash Agarwal, AdvocateFor Respondent: Shri G. Mallikarjuna, CIT DR
Section 143(1)Section 143(2)Section 143(3)Section 40Section 80
204,875/- is allowed on M/s Selvel Media Services Pvt. Ltd.
Assessment Year: 2011-12
hoardings used for more than 180 days use and Rs. 314,565/- is allowed on hoardings for less than 180 days use. On the basis of above discussion
Rs.14,276,824/-(12,494,290/- + 1,782,534/-) is disallowed and added back to total income
