APEEJAY SHIPPING LTD.,KOLKATA vs. A.C.I.T CC - III,KOLKATA, KOLKATA

In the result, appeal of the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Girish Agrawalassessment Year: 2010-11

income without making any addition or disallowance; or (b) The assessment is framed and the Assessing Officer makes certain addition

RAIGANJ CENTRAL CO-OPERATIVE BANK LTD.,UTTAR DINAJPUR vs. A.C.I.T., CIRCLE - 2(2), JALPAIGURI

In the result, the appeal for A

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

disallowance of Employees' Contribution to Provident Fund of Rs.16,84,704/- as income u/s 2(24)(x) read with section 36(1)(va) of the Income Tax Act, 1961 and adding the same with returned income. 10. THAT the Ld. CIT (A)-NFAC, has grossly erred in law and not justified by not adjudicating the ground of appeal regarding addition

RAIGANJ CENTRAL CO-OPERATIVE BANK LTD.,UTTAR DINAJPUR vs. D.C.I.T., CIRCLE - 2(1), JALPAIGURI

In the result, the appeal for A

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

disallowance of Employees' Contribution to Provident Fund of Rs.16,84,704/- as income u/s 2(24)(x) read with section 36(1)(va) of the Income Tax Act, 1961 and adding the same with returned income. 10. THAT the Ld. CIT (A)-NFAC, has grossly erred in law and not justified by not adjudicating the ground of appeal regarding addition

RAIGANJ CENTRAL CO-OPERATIVE BANK LTD.,UTTAR DINAJPUR vs. D.C.I.T., CIRCLE - 2(2), JALPAIGURI

In the result, the appeal for A

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

disallowance of Employees' Contribution to Provident Fund of Rs.16,84,704/- as income u/s 2(24)(x) read with section 36(1)(va) of the Income Tax Act, 1961 and adding the same with returned income. 10. THAT the Ld. CIT (A)-NFAC, has grossly erred in law and not justified by not adjudicating the ground of appeal regarding addition

DCIT, CC-VIII, KOLKATA, KOLKATA vs. SHRI SHYAM SUNDAR PATODIA, KOLKATA

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

Bench: Shri Rajpal Yadav & Shri Girish Agrawalit(Ss)A No.111/Kol/2014 Assessment Year: 2008-09

addition made by him in the hands of the assessee. 9.1. Also, it is worth noting that ground raised by the revenue in respect of applicability of section 40A(3) for disallowance of expenditure made in cash, we find that these are also in respect of deductions claimed by the assessee while computing the income

DCIT, CC-VIII, KOLKATA, KOLKATA vs. SHRI SHYAM SUNDAR PATODIA, KOLKATA

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

Bench: Shri Rajpal Yadav & Shri Girish Agrawalit(Ss)A No.111/Kol/2014 Assessment Year: 2008-09

addition made by him in the hands of the assessee. 9.1. Also, it is worth noting that ground raised by the revenue in respect of applicability of section 40A(3) for disallowance of expenditure made in cash, we find that these are also in respect of deductions claimed by the assessee while computing the income

THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 3(2), GANGTOK, GANGTOK SIKKIM vs. SIKKIM STATE COOPERATIVE SUPPLY AND MARKETING FEDERATION LIMITED , GANGTOK SIKKIM

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

income and has disclosed all the facts material to the addition or disallowance; (d) the amount of under-reported income

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

income to the assessee\ncompany during the year for determination of actual disallowance u/s. 14A\nof the Act.\n6. That on the facts and the circumstances of the case, the Ld. CIT(A) erred\nin correct in restricting the Addition

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

In the result, the appeal filed by the Revenue in ITA No

income to the assessee\ncompany during the year for determination of actual disallowance u/s. 14A\nof the Act.\n6. That on the facts and the circumstances of the case, the Ld. CIT(A) erred\nin correct in restricting the Addition

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

addition by observing as under:\nPage 23\nITA Nos.: 466, 622, 467, 623/KOL/2018 &\n1406, 1696, 1407, 1697/KOL/2019\nAYs: 2011-12 to 2014-15\nM/s. Coal India Ltd.\n“It has been found from the computation of total income furnished along with\nthe return of income that the assessee company has earned Rs. 32,65,000/-\nas dividend which has been

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- V (I), KOLKATA vs. BIRLA CORPORATION LIMITED, BIRLA BUILDING

In the result, both the appeals of the revenue is dismissed, as also the cross objection filed by the assessee for both the years

Bench: SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

addition to Rs. 11,11,114/- already disallowed by the assessee for earning exempt income. This addition was made u/s 14A of the Act read

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

In the result, the appeal filed by the Revenue in ITA No

income to the assessee\ncompany during the year for determination of actual disallowance u/s. 14A\nof the Act.\n6. That on the facts and the circumstances of the case, the Ld. CIT(A) erred\nin correct in restricting the Addition

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

addition by observing as under:\n“It has been found from the computation of total income furnished along with\nthe return of income that the assessee company has earned Rs. 32,65,000/-\nas dividend which has been claimed to be exempt as income u/s. 10(34) of\nthe Income Tax Act. The assessee has not offered any disallowance

M/S. EUREKA FORBES LTD., ,KOLKATA vs. JCIT, CIRCLE - 10(1), KOLKATA

In the result, all the four appeals filed by the assessee for AYs 2012-13,

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2012-13 M/S Eureka Forbes Limited, Joint Commissioner Of 7, Chakraberia Road (South), Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2013-14 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2014-15 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2015-16 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent)

disallowance u/s 14A r.w. Rule 8D(2)(iii) by considering only Indian investments from which exempt income is earned. 3. 3.1 On fact and circumstances of the case and in law, the CIT(A) erred in confirming the addition

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

In the result, all the four appeals filed by the assessee for AYs 2012-13,

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2012-13 M/S Eureka Forbes Limited, Joint Commissioner Of 7, Chakraberia Road (South), Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2013-14 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2014-15 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2015-16 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent)

disallowance u/s 14A r.w. Rule 8D(2)(iii) by considering only Indian investments from which exempt income is earned. 3. 3.1 On fact and circumstances of the case and in law, the CIT(A) erred in confirming the addition

M/S. EUREKA FORBES LTD., ,KOLKATA vs. JCIT, CIRCLE - 10(1), KOLKATA

In the result, all the four appeals filed by the assessee for AYs 2012-13,

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2012-13 M/S Eureka Forbes Limited, Joint Commissioner Of 7, Chakraberia Road (South), Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2013-14 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2014-15 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2015-16 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent)

disallowance u/s 14A r.w. Rule 8D(2)(iii) by considering only Indian investments from which exempt income is earned. 3. 3.1 On fact and circumstances of the case and in law, the CIT(A) erred in confirming the addition

M/S. EUREKA FORBES LTD., ,KOLKATA vs. JCIT, CIRCLE - 10(1), KOLKATA

In the result, all the four appeals filed by the assessee for AYs 2012-13,

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2012-13 M/S Eureka Forbes Limited, Joint Commissioner Of 7, Chakraberia Road (South), Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2013-14 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2014-15 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent) Assessment Year: 2015-16 M/S Eureka Forbes Limited, The Deputy Commissioner 7, Chakraberia Road (South), Of Income Tax, Vs Bhovanipur, Kolkata - 700025 Circle 10(1), Kolkata, (Pan: Aaace5767F) 1St Floor, Aaykar Bhawan, Poorva, Kolkata - 700017 (Appellant) (Respondent)

disallowance u/s 14A r.w. Rule 8D(2)(iii) by considering only Indian investments from which exempt income is earned. 3. 3.1 On fact and circumstances of the case and in law, the CIT(A) erred in confirming the addition

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

addition by observing as under:\n“It has been found from the computation of total income furnished along with\nthe return of income that the assessee company has earned Rs. 32,65,000/-\nas dividend which has been claimed to be exempt as income u/s. 10(34) of\nthe Income Tax Act. The assessee has not offered any disallowance