TRIO TREND EXPORTS PVT. LTD.,KOLKATA vs. DCIT, CIR. 11(1), KOLKATA

In the result, both the appeals of the assessee are allowed

Bench: Shri A. T. Varkey & Shri Rajesh Kumar]

condone the delay and admit these appeals for hearing. 3. At the outset, the Ld. AR of the assessee pointed out that the only issue in these appeals are against the action of the Ld. CIT(A) confirming disallowance of employees’ contribution made to the respective funds of the Government under PF & ESI Act. According to the authorities below, since

MD. MUJIBUR RAHAMAN,DURGAPUR vs. ACIT, CIR. 2, DURGAPUR

In the result, the appeal of assessee is allowed

Bench: Shri A. T. Varkey, Jm & Shri Manish Borad, Am ]

condoned after hearing the parties. 3. The first ground of appeal of assessee is against the action of the Ld. CIT(A) in confirming the disallowance made in respect of PF & ESI u/s. 36(1)(va) r.w.s. 2(24)(x) of the Income-tax Act, 1961 (hereinafter referred to as the “Act”) of Rs.4,54,289/-. At the outset

PNP ENGINEERING WORKS (P) LTD, PURBA MEDINIPUR vs. A C OF INCOME TAX CIR. 27(1) , HALDIA

In the result, all the appeals of the assessee are allowed for statistical purposes

Bench: Shri A. T. Varkey, Jm & Shri Manish Borad, Am ]

36(1)(va) Explanation-2 – For the removal of doubts, it is hereby clarified that the provisions of Section 43B shall not apply and shall be deemed never to have been applied for the purpose of determining the ‘due date’ under this clause’ 18. We find that this amendment has been brought in the Act to provide certainty about

PNP ENGINEERING WORKS (P) LTD, PURBA MEDINIPUR vs. A C OF INCOME TAX CIR. 27(1) , HALDIA

In the result, all the appeals of the assessee are allowed for statistical purposes

Bench: Shri A. T. Varkey, Jm & Shri Manish Borad, Am ]

36(1)(va) Explanation-2 – For the removal of doubts, it is hereby clarified that the provisions of Section 43B shall not apply and shall be deemed never to have been applied for the purpose of determining the ‘due date’ under this clause’ 18. We find that this amendment has been brought in the Act to provide certainty about

PNP ENGINEERING WORKS (P) LTD, PURBA MEDINIPUR vs. A C OF INCOME TAX CIR. 27(1) , HALDIA

In the result, all the appeals of the assessee are allowed for statistical purposes

Bench: Shri A. T. Varkey, Jm & Shri Manish Borad, Am ]

36(1)(va) Explanation-2 – For the removal of doubts, it is hereby clarified that the provisions of Section 43B shall not apply and shall be deemed never to have been applied for the purpose of determining the ‘due date’ under this clause’ 18. We find that this amendment has been brought in the Act to provide certainty about

ACIT, CC-3(2), KOLKATA , KOLKATA vs. M/S. SNOWTEX INVESTMENT LTD., KOLKATA

In the result, the appeal of the Revenue is dismissed

Bench: Shri A. T. Varkey, J.M. & Dr.A.L.Saini, A.M.) Asstt. Year : 2012-13 A.C.I.T, Cc-3(2), Kolkata Vs M/S. Snowtex Investment Ltd. Pan: Aaecs 0334C (Assessee/Department) (Respondent/Assessee)

condone the delay and admit the appeals for adjudication. 3. The grievances raised by the Revenue are as follows:- 1. That on the facts and in the circumstances of the case, the Ld. CIT(A) has erred in law to hold that disallowance under section 14A read with rule 8D will not apply where no exempt income is received

DCIT, CIRCLE -6 KOLKATA, KOLKATA vs. M/S NATIONAL INSURANCE CO. LTD., KOLKATA

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

Bench: Shri N. V. Vasudevan, Jm & Shri M. Balaganesh, Am]

1,96,09,000 ----------------- 57,93,96,000 ----------------- The ld CITA by placing reliance on the decision of the Jurisdictional High Court in the case of Emami Ltd vs CIT reported in 200 Taxman 326 (Cal) directed the ld AO not to charge interest u/s 234 B and 234C of the Act as the same is levied only

DCIT, CIRCLE -6 KOLKATA, KOLKATA vs. M/S NATIONAL INSURANCE CO. LTD., KOLKATA

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

Bench: Shri N. V. Vasudevan, Jm & Shri M. Balaganesh, Am]

1,96,09,000 ----------------- 57,93,96,000 ----------------- The ld CITA by placing reliance on the decision of the Jurisdictional High Court in the case of Emami Ltd vs CIT reported in 200 Taxman 326 (Cal) directed the ld AO not to charge interest u/s 234 B and 234C of the Act as the same is levied only

DCIT, CIRCLE -6 KOLKATA, KOLKATA vs. M/S NATIONAL INSURANCE CO. LTD., KOLKATA

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

Bench: Shri N. V. Vasudevan, Jm & Shri M. Balaganesh, Am]

1,96,09,000 ----------------- 57,93,96,000 ----------------- The ld CITA by placing reliance on the decision of the Jurisdictional High Court in the case of Emami Ltd vs CIT reported in 200 Taxman 326 (Cal) directed the ld AO not to charge interest u/s 234 B and 234C of the Act as the same is levied only

ACIT, CIRCLE-2(1), KOLKATA, KOLKATA vs. M/S. BIP DEVELOPERS PVT. LTD., KOLKATA

In the result, the appeal of the Revenue is dismissed

Bench: Shri P.M. Jagtap(Kz) & Shri A.T. Varkey, Jm] I.T.A. No. 1366/Kol/2019 Assessment Year: 2013-14 Acit, Cir-2(1) Kolkata......................................………………………….................................Appellant P-7, Chowringhee Square, Kolkata – 700 069. Vs M/S. Bip Developers Pvt. Ltd.........................................................................................Respondent Ground Floor, Building Beta Bengal Intelligent Park, Block-Ep & Gp, Sector-V, Salt Lake City, Kolkata – 700 091. [Pan: Aabcb 6203 A] Appearances By: Shri Supriyo Pal, Jcit, Sr. Dr Appearing On Behalf Of The Revenue. Shri A.K. Tibrewal, Fca & Shri Saurabh Gupta, Aca Appearing On Behalf Of The Assessee. Date Of Concluding The Hearing : November 14, 2019 Date Of Pronouncing The Order : December 18, 2019 Order Per P.M. Jagtp, Vice-(Kz)

36(1)(iii) of the Income Tax Act, 1961. 2. At the outset, it is noted that there is a delay of 3 days on the part of the Revenue in filing this appeal before the Tribunal. In this regard, the Revenue has filed an application seeking condonation of the said delay and keeping in view the reasons given therein

D.C.I.T, CIR-8, KOLKATA, KOLKATA vs. M/S NEWDEAL FINANCE & INVESTMENT LTD., KOLKATA

In the result, all the three appeals of the revenue are treated as allowed for statistical purposes

delay is therefore condoned and these appeals of the revenue are being disposed of on merit. 3. The solitary common issue involved in these appeals of the revenue relates to the deletion by the Ld. CIT (A) of the disallowance made by the AO on account of interest expenditure. 4. The assessee in the present case is an investment company

D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

The appeal is dismissed

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

condone the delay and admit the appeals for adjudication. 2. The Revenue is in appeal before the Tribunal raising the following grounds of appeal: I. ITA No. 1246/KOL/2019; AY 2012-13: “1. That on the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in deleting the sum of Rs.77,70,880/- incurred towards

D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

The appeal is dismissed

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

condone the delay and admit the appeals for adjudication. 2. The Revenue is in appeal before the Tribunal raising the following grounds of appeal: I. ITA No. 1246/KOL/2019; AY 2012-13: “1. That on the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in deleting the sum of Rs.77,70,880/- incurred towards

LEDER WILLS,KOLKATA vs. DCIT, CPC, BENGALURU

In the result, the appeal of the assessee is allowed

condone the delay and appeal is admitted for disposal of the same on material available on record and on merits. 3. The assessee has raised the following grounds of appeal:- 1) For that in the facts and circumstances of the case, the Ld CIT(A)(NF AC) has erred in law as well as on facts by confirming the disallowances

KRISHNA TISSUES PVT. LTD.,KOLKATA vs. DCIT, CPC, BANGALORE

In the result, the appeal of the assessee is allowed

condoned the defaults prior to 01/04/2021. 4. That, the action of the Ld. C.LT.(A) in upholding the disallowance Rs.53,04,645/- made for A.Y. 2018-19 is also against the decision of Hon'ble jurisdictional Tribunal in the case of Lumino Industries Ltd. vs. ACIT for A.Y. 2015-16 (ITA No.365/Kol/2021, dated 17/1112021) wherein identical addition has been deleted

REKHA HALDER,KOLKATA vs. ASSTT. DIRECTOR OF INCOME TAX, CPC,, BANGALURU

In the result, all the appeals of the respective assessee are allowed

condone the delay and take up these appeals for adjudication. 4. On perusal of grounds of appeal, it is revealed that all the appeals are mainly on the issue of disallowance made under the head of PF/ESI for delayed payment under section 36(1)(va) read with section 2(24)(x) and section 43B of the Act. 3. ITA No.475/Kol/21

RAJESH KUMAR MUNDHRA,KOLKATA vs. DCIT, CPC, BANGALURU

In the result, all the appeals of the respective assessee are allowed

condone the delay and take up these appeals for adjudication. 4. On perusal of grounds of appeal, it is revealed that all the appeals are mainly on the issue of disallowance made under the head of PF/ESI for delayed payment under section 36(1)(va) read with section 2(24)(x) and section 43B of the Act. 3. ITA No.475/Kol/21

THINK TEL SOLUTIONS INDIA PVT. LTD,KOLKATA vs. ITO, WARD 10(2), KOLKATA

In the result, all the appeals of the respective assessee are allowed

condone the delay and take up these appeals for adjudication. 4. On perusal of grounds of appeal, it is revealed that all the appeals are mainly on the issue of disallowance made under the head of PF/ESI for delayed payment under section 36(1)(va) read with section 2(24)(x) and section 43B of the Act. 3. ITA No.475/Kol/21