D.C.I.T CIR - 3(1), KOLKATA vs. M/S THE PEERLESS GENERAL FINANCE & INVESTMENT CO LTD, KOLKATA

In the result, both the appeals of the revenue are dismissed

Bench: Sri J. Sudhakar Reddy & Sri Aby T. Varkey) Ita No. 1469 & 1470/Kol/2019 Assessment Year: 2013-14 & 2015-16 Deputy Commissioner Of Income Tax, Circle-12(1), Kolkata……………….………....…........Appellant Vs. M/S. The Peerless General Finance & Investment & Co. Ltd..................……………….…..Respondent 3, Esplanade East Kolkata – 700 069 [Pan : Aabct 3043 L] Appearances By: Shri Supriyo Pal, Jcit Sr. D/R, Appearing On Behalf Of The Revenue Shri S.K. Tulsiyan, Adv. & Subrata Dey, Ca, Appeared On Behalf Of The Assessee. . Date Of Concluding The Hearing : October 31St, 2019 Date Of Pronouncing The Order : December 5Th, 2019 Order Per J. Sudhakar Reddy, Am :-

TDS @ 1% was deducted on the payments and hence Section 40(a)(ia) of the Act hence Section 40(a)(ia) of the Act is not applicable. In case of payments to NG Gosai Printing Pvt. Ltd., as it was purchase is not applicable. In case of payments to NG Gosai Printing Pvt. Ltd., as it was purchase

DCIT, CIRCLE - 3(1), , KOLKATA vs. M/S. THE PEERLESS GENERAL FINANCE & INVESTMENT CO. LTD.,, KOLKATA

In the result, both the appeals of the revenue are dismissed

Bench: Sri J. Sudhakar Reddy & Sri Aby T. Varkey) Ita No. 1469 & 1470/Kol/2019 Assessment Year: 2013-14 & 2015-16 Deputy Commissioner Of Income Tax, Circle-12(1), Kolkata……………….………....…........Appellant Vs. M/S. The Peerless General Finance & Investment & Co. Ltd..................……………….…..Respondent 3, Esplanade East Kolkata – 700 069 [Pan : Aabct 3043 L] Appearances By: Shri Supriyo Pal, Jcit Sr. D/R, Appearing On Behalf Of The Revenue Shri S.K. Tulsiyan, Adv. & Subrata Dey, Ca, Appeared On Behalf Of The Assessee. . Date Of Concluding The Hearing : October 31St, 2019 Date Of Pronouncing The Order : December 5Th, 2019 Order Per J. Sudhakar Reddy, Am :-

TDS @ 1% was deducted on the payments and hence Section 40(a)(ia) of the Act hence Section 40(a)(ia) of the Act is not applicable. In case of payments to NG Gosai Printing Pvt. Ltd., as it was purchase is not applicable. In case of payments to NG Gosai Printing Pvt. Ltd., as it was purchase

JHA EDUCATIONAL TRUST ,KOLKATA vs. ITO(EXEMPTION), WARD - 1(1), KOLKATA , KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri P.M. Jagtap(Kz) & Shri A. T. Varkey, Jm]

vi) vide order dated March, 10, 2016. The registration u/s. 80G(5) was also cancelled by the Ld. CIT(E) vide his order dated 14/03/2016 with retrospective effect from 01/04/2006. The ITO, thereafter, issued notice u/s. 148 dated 28/03/2016 received on 30/03/2016. The petitioner filed letter dated 18/04/2016 asking for furnishing recorded reason for issue of notice u/s. 148. Recorded

ALLAHABAD BANK,KOLKATA vs. ADD.CIT,RANGE-6, KOLKATA, KOLKATA

In the result the appeal of the revenue is dismissed

Bench: Hon’Ble Shri N.V.Vasudevan, Jm & Shri M.Balaganesh, Am ] Assessment Year : 2008-09

TDS. The following were the relevant observations of the CIT(A) in this regard: “49. I have carefully considered the observations of the Assessing Officer in the assessment order and submissions of the appellant. The appellant has produced necessary challans in respect of Rs.96,38,368/-. The appellant has further submitted - at it could not ,produce the balance challans amounting

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(2), KOLKATA, AAYAKAR BHAWAN POORVA, KOLKATA vs. M/S. DHANSAR ENGINEERING COMPANY PRIVATE LIMITED , KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar&Shri Pradip Kumar Choubey]

80G of the Act to the tune of Rs.1,00,000/- and (vi)Addition on account of undisclosed income to the tune of Rs.2,80,000/-. 4. Aggrieved by the said order, the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been partly allowed. The Ld. CIT(A) has directed

M/S PHILLIPS INDIA LIMITED,KOLKATA vs. ACIT, CIR-12(2), KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Hon’Ble Shri N.V.Vasudevan, Jm & Hon’Ble Shri M.Balaganesh, Am ] I.T.A No. 612/Kol/2017 Assessment Year : 2012-13 M/S Philips India Ltd. -Vs- Acit, Circle-12(2), Kolkata (Formerly Philips Electronics India Ltd.) [Pan: Aabcp 9487 A] (Appellant) (Respondent)

vi. Admiittance at PEIL's specific request at mutually agreed times of reasonable number of employees of PEIL to KPENV's premises to acquaint elves with commercial and other knowledge as specified above, familiarise themselves with the organisation of the whole Group and with working methods used by it or receive advice on specific matters in the fields described above

MSTC LTD,KOLKATA vs. JURISDICTIONAL ASSESSING OFFICER, CIR-1(1), KOLKATA. , KOLKATA

In the result, the appeal of the assessee is dismissed

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishraassessment Year: 2021-22

80G and Rs. 10,00,20,000/- u/s 80M as per Income Tax Return by the AO. 13. For that without prejudice to any other ground taken, the Ld. CIT(A) erred both in law and in the facts and circumstances of the case to not have dealt with invocation of Section 234A, 234B and Section 234C of the Income

DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

VI to\nthe Companies Act' is made for the limited purpose of empowering the\nassessing authority to rely upon the authentic statement of accounts of the\ncompany. While so looking into the accounts of the company, an Assessing\nOfficer under the Income-tax Act has to accept the authenticity of the\naccounts with reference to the provisions of the Companies

DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA vs. M/S. COAL INDIA LIMITED , KOLKATA

VI to the Companies Act' is made for the limited purpose of empowering the assessing authority to rely upon the authentic statement of accounts of the company. While so looking into the accounts of the company, an Assessing Officer under the Income-tax Act has to accept the authenticity of the accounts with reference to the provisions of the Companies

COAL INDIA LIMITED ,KOLKATA vs. DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA

VI to\nthe Companies Act' is made for the limited purpose of empowering the\nassessing authority to rely upon the authentic statement of accounts of the\ncompany. While so looking into the accounts of the company, an Assessing\nOfficer under the Income-tax Act has to accept the authenticity of the\naccounts with reference to the provisions of the Companies

M/S. COAL INDIA LIMITED ,KOLKATA vs. DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA

VI to\nthe Companies Act' is made for the limited purpose of empowering the\nassessing authority to rely upon the authentic statement of accounts of the\ncompany. While so looking into the accounts of the company, an Assessing\nOfficer under the Income-tax Act has to accept the authenticity of the\naccounts with reference to the provisions of the Companies

DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

VI to\nthe Companies Act' is made for the limited purpose of empowering the\nassessing authority to rely upon the authentic statement of accounts of the\ncompany. While so looking into the accounts of the company, an Assessing\nOfficer under the Income-tax Act has to accept the authenticity of the\naccounts with reference to the provisions of the Companies

DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA vs. M/S. COAL INDIA LIMITED , KOLKATA

In the result, the appeals filed by the assessee in ITA Nos

VI to\nthe Companies Act' is made for the limited purpose of empowering the\nassessing authority to rely upon the authentic statement of accounts of the\ncompany. While so looking into the accounts of the company, an Assessing\nOfficer under the Income-tax Act has to accept the authenticity of the\naccounts with reference to the provisions of the Companies

M/S. PHILIPS INDIA LIMITED (FORMERLY PHILIPS ELECTRONICS INDIA LITD.),KOLKATA vs. ACIT, CIRCLE - 12(2), KOLKATA , KOLKATA

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

Bench: Hon’Ble Shri A.T.Varkey, Jm & Hon’Ble Shri M.Balaganesh, Am ] I.T.A No. 2489/Kol/2017 Assessment Year : 2013-14 M/S Philips India Ltd. -Vs- Acit, Circle-12(2), Kolkata (Formerly Philips Electronics India Ltd.) [Pan: Aabcp 9487 A] (Appellant) (Respondent)

vi. Admittance at PEIL's specific request at mutually agreed times of reasonable number of employees of PEIL to KPENV's premises to acquaint elves with commercial and other knowledge as specified above, familiarise themselves with the organisation of the whole Group and with working methods used by it or receive advice on specific matters in the fields described above