DCIT, CIRCLE - 3(1), KOLKATA , KOLKATA vs. M/S. THE SUN ROLLING MILLS PVT. LIMITED , KOLKATA
In the result, the appeal of the revenue is treated as allowed for statistical purpose
ITA 333/KOL/2018[2012-13]Status: DisposedITAT Kolkata18 May 2018AY 2012-13
Bench: Shri P.M. Jagtap, Am] I.T.A. No. 333/Kol/2018 Assessment Year: 2012-13 D.C.I.T. Cir 3(1), Kolkata..............................…………………………...........................Appellant P-7, Chowringhee Square, Aayakar Bhawan, 4Th Floor, Room No. 19, Kolkata – 700 069 M/S. The Sun Rolling Mills Pvt. Ltd....................…….........................................Respondent P-2, New Cit Road, Kolkata – 700 073. [Pan: Aabct 2647 N] Appearances By: Shri P.K. Mondal, Addl. Cit Appearing On Behalf Of The Revenue. Shri Naresh Kumar Goyal, Advocate Appearing On Behalf Of The Assessee Date Of Concluding The Hearing : May 16, 2018 Date Of Pronouncing The Order : May 18, 2018 Order Per P.M. Jagtap, Am This Appeal Is Preferred By The Revenue Against The Order Of Ld. Cit(Appeals) – 1, Kolkata Dated 29.11.2017 & The Solitary Issue Involved Therein Relates To The Deletion By The Ld. Cit(A) Of The Addition Of Rs. 1,07,65,892/- Made By The A.O. On Account Of Disallowance Of Assessee’S Claim For Depreciation At Higher Rate On Rolls.
Section 32(1)
condone
2
I.T.A. No. 333/Kol/2018
Assessment Year: 2012-13
M/s. The sun Rolling Mills Pvt. Ltd.
the said delay and proceed to dispose of this appeal of the revenue on merit.
3. The assessee in the present is a company which is engaged in the business of running iron and steel re-rolling mill. The return of income
