M/S MBL INFRASTRUCTURES LTD.,KOLKATA vs. DCIT, CENTRAL CIRCLE-2(2), KOLKATA, KOLKATA
Appeal is allowed
ITA 427/KOL/2018[2012-13]Status: DisposedITAT Kolkata22 Oct 2020AY 2012-13
Bench: Shri P. M. Jagtap, V.P & Shri S. S. Godara, Jm आयकर अपीलसं./I.T.A No.427/Kol/2018 ("नधा"रण वष" / Assessment Year: 2012-13) M/S. Mbl Infrastructure Ltd. Vs Dcit, Central Circle-2(2), Kolkata . 1St Floor, Divine Bliss, 2/3, Judges Court Road, Kolkata – 700027. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaccm0564C (Appellant) .. (Respondent) Appellant By : Shri S. K. Tulsiyan, Advocate Respondent By : Shri Ram Bilash Meena, Cit(Dr) सुनवाईक"तार"ख/ Date Of Hearing : 06/10/2020 घोषणाक"तार"ख/Date Of Pronouncement : 22/10/2020
For Appellant: Shri S. K. Tulsiyan, AdvocateFor Respondent: Shri Ram Bilash Meena, CIT(DR)
Section 143(3)Section 14ASection 263Section 35DSection 80Section 80I
35D deduction claim & exemption on profit from joint venture(s) and section 14A disallowance involving Rs.1,12,60,000/-,
Rs.40,38,000/- & Rs.2,48,10,148/-; respectively.
4. Case file suggests that PCIT termed the foregoing regular assessment as an erroneous one causing prejudice to the interest of the Revenue as follows:
I.T.A No.427/Kol/2018
M/s. MBL Infrastructure Ltd.
Assessment Year
