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

14A read with Rule 8D for the purpose of computation of Book Profit u/s. 115JB of the Act? 9. “Whether on the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred to decipher the intrinsic purpose of accounting standard 29. The Ld. CIT(A) has erred to recognize the provisions which cannot

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

14A read with Rule 8D for the purpose of\ncomputation of Book Profit u/s. 115JB of the Act?\n9. \"Whether on the facts and in the circumstances of the case and in law,\nthe Ld. CIT(A) has erred to decipher the intrinsic purpose of accounting\nstandard 29. The Ld. CIT(A) has erred to recognize the provisions which\ncannot

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

14A read with Rule 8D for the purpose of\ncomputation of Book Profit u/s. 115JB of the Act?\n9. “Whether on the facts and in the circumstances of the case and in law,\nthe Ld. CIT(A) has erred to decipher the intrinsic purpose of accounting\nstandard 29. The Ld. CIT(A) has erred to recognize the provisions which\ncannot

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

14A read with Rule 8D for the purpose of\ncomputation of Book Profit u/s. 115JB of the Act?\n9. “Whether on the facts and in the circumstances of the case and in law,\nthe Ld. CIT(A) has erred to decipher the intrinsic purpose of accounting\nstandard 29. The Ld. CIT(A) has erred to recognize the provisions which\ncannot

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

14A read with Rule 8D for the purpose of\ncomputation of Book Profit u/s. 115JB of the Act?\n9. “Whether on the facts and in the circumstances of the case and in law,\nthe Ld. CIT(A) has erred to decipher the intrinsic purpose of accounting\nstandard 29. The Ld. CIT(A) has erred to recognize the provisions which\ncannot

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

14A read with Rule 8D for the purpose of\ncomputation of Book Profit u/s. 115JB of the Act?\n9. “Whether on the facts and in the circumstances of the case and in law,\nthe Ld. CIT(A) has erred to decipher the intrinsic purpose of accounting\nstandard 29. The Ld. CIT(A) has erred to recognize the provisions which\ncannot

HINDUSTAN MOTORS LIMITED,KOLKATA vs. DCIT, CIRCLE - 6, KOLKATA, KOLKATA

In the result, the appeal of the assessee is partly allowed

Bench: Shri P.M. Jagtap & Shri S.S. Viswanethra Ravi

section 14A of the Act :- “The appellant also produced copies of bank accounts and submitted that from the details of interest paid and claimed in the return, it will be clear that the entire borrowings were for the purpose of business and no part of borrowings on which interest was paid was used for making investments. Capital and reserves

ACIT, LTU - 2, KOLKATA , KOLKATA vs. M/S. UCO BANK, KOLKATA

In the result, appeal of the Revenue is dismissed

Bench: Shri S. S. Godara, Jm & Dr. A.L. Saini, Am Vs. M/S Uco Bank Acit, Ltu-2, Kolkata 10, Btm, Sarani, Kolkata – 700001. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaacu3561B .. (अपीलाथ" /Appellant) (""यथ" / Respondent)

14A r.w.r 8D of the Rules. Therefore, grounds raised by the Revenue are dismissed. 13. Ground Nos.6 & 7 relates to book profit adjustment u/s 115JB of the Act. The Ld. CIT (A)-11, erred in law and on facts by holding that the provision of section 115JB (MAT) are not applicable for the year in the case of assessee

DCIT, CIRCLE - 6(1), KOLKATA, KOLKATA vs. M/S. INTEGRATED COAL MINING LIMITED, KOLKATA

Appeal is partly allowed in above terms

Bench: Shri S.S.Godara & Dr. A.L. Sainiassessment Year :2010-11 Dcit, Circle-6(1), V/S. M/S Integrated Coal P-7, Chowringhee Mining Ltd., 6, Church Square, Kolkata-69 Lane, 1Ste Floor, Kolakta-700001 [Pan No.Aaaci 5584 L] .. अपीलाथ" /Appellant ""यथ"/Respondent Dr. P.K. Srihari, Cit-Dr अपीलाथ" क" ओर से/By Appellant Shri Diparun Mukherjee, Aca & ""यथ" क" ओर से/By Respondent Shri Alolk Goenka, Aca 15-01-2019 सुनवाई क" तार"ख/Date Of Hearing 15-03-2019 घोषणा क" तार"ख/Date Of Pronouncement

section 14A of the Act shall not exceed the income which does not form part of the total income. Relevant extract from the said decision is quoted below for ease of reference: " ... we direct the Ld. AO to restrict the disallowance u/s. 14A of the Act read with Rule 8D of the Rules after considering only investments yielding dividend income

ACIT, LTU - 2, KOLKATA , KOLKATA vs. M/S. UCO BANK, KOLKATA

In the result, the appeal of the Revenue is dismissed

Bench: Shri P.M. Jagtap, Vice- & Shri A.T. Varkey

14A read with Rule 8D. Grounds No. 3 to 5 of the Revenue’s appeal are accordingly dismissed. 5 Assessment Year: 2010-2011 M/s. UCO Bank 9. In Grounds No. 6 to 9, the Revenue has challenged the decision of the ld. CIT(Appeals) holding that the provisions of section 115JB are not applicable in the case of the assessee

MEGA ENGINEERS & BUILDERS,PORT BLAIR vs. DCIT, CIR. 3(2) , PORT BLAIR

In the result, the appeal of assessee is allowed

Bench: Shri Rajesh Kumar&Shri Pradip Kumar Choubey]

14A read with Rule 8D. Grounds No. 3 to 5 of the Revenue’s appeal are accordingly dismissed. 9. In Grounds No. 6 to 9, the Revenue has challenged the decision of the ld. CIT(Appeals) holding that the provisions of section 115JB are not applicable in the case of the assessee-company. 10. In the assessment completed under section

THE PEERLESS GEN. FIN. & INV. CO. LTD.,KOLKATA vs. DCIT, CIRCLE-3(1), KOLKATA, KOLKATA

In the result, the appeal filed by the assessee is allowed

Bench: Shri P.M. Jagtap, Vice- & Shri A.T. Varkey

14A and 40(a)(ia) of the Act determining the total income of the assessee at Rs.1,35,48,59,800/- in the assessment completed under section 143(3) of the Act vide an order dated 28.12.2016. 3. The records of the assessment made by the Assessing Officer under section 143(3) of the Act subsequently came to be examined

D.C.I.T CIR - 5,KOLKATA, KOLKATA vs. M/S KESORAM INDUSTRIES LIMITED, KOLKATA

In the result the revenue’s appeals for A

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

3) of the Act. The CIT(A) passed an order on 21st November, 2011 dismissing the petitioner’s appeal. On both the dates when the orders were passed by the Assessing Officer and CIT(A), the authorities did not have the benefit of the order of this court in HDFC Bank Ltd. (supra) rendered on 23rd July, 2014.Once the issue

ACIT, CIRCLE-5, KOLKATA, KOLKATA vs. M/S KESORAM INDUSTRIES. LTD, KOLKATA

In the result the revenue’s appeals for A

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

3) of the Act. The CIT(A) passed an order on 21st November, 2011 dismissing the petitioner’s appeal. On both the dates when the orders were passed by the Assessing Officer and CIT(A), the authorities did not have the benefit of the order of this court in HDFC Bank Ltd. (supra) rendered on 23rd July, 2014.Once the issue

KESORAM INDUSTRIES LIMITED,KOLKATA vs. ADDL C.I.T RG - 5,KOLKATA, KOLKATA

In the result the revenue’s appeals for A

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

3) of the Act. The CIT(A) passed an order on 21st November, 2011 dismissing the petitioner’s appeal. On both the dates when the orders were passed by the Assessing Officer and CIT(A), the authorities did not have the benefit of the order of this court in HDFC Bank Ltd. (supra) rendered on 23rd July, 2014.Once the issue

KESORAM INDUSTRIES LTD.,KOLKATA vs. ADD.CIT,RANGE-5,, KOLKATA

In the result the revenue’s appeals for A

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

3) of the Act. The CIT(A) passed an order on 21st November, 2011 dismissing the petitioner’s appeal. On both the dates when the orders were passed by the Assessing Officer and CIT(A), the authorities did not have the benefit of the order of this court in HDFC Bank Ltd. (supra) rendered on 23rd July, 2014.Once the issue

KESORAM INDUSTRIES LTD.,KOLKATA vs. DCIT, CIR-5, KOLKATA, KOLKATA

In the result the revenue’s appeals for A

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

3) of the Act. The CIT(A) passed an order on 21st November, 2011 dismissing the petitioner’s appeal. On both the dates when the orders were passed by the Assessing Officer and CIT(A), the authorities did not have the benefit of the order of this court in HDFC Bank Ltd. (supra) rendered on 23rd July, 2014.Once the issue

KESORAM INDUSTRIES LIMITED,KOLKATA vs. DCIT, CIRCLE-5(1), KOLKATA, KOLKATA

In the result the revenue’s appeals for A

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

3) of the Act. The CIT(A) passed an order on 21st November, 2011 dismissing the petitioner’s appeal. On both the dates when the orders were passed by the Assessing Officer and CIT(A), the authorities did not have the benefit of the order of this court in HDFC Bank Ltd. (supra) rendered on 23rd July, 2014.Once the issue