DCIT, CIRCLE - 1, KOLKATA, KOLKATA vs. M/S. MCNALLY BHARAT ENGINEERING COMPANY LIMITED, KOLKATA

In the result, the Cross Objection of the assessee is allowed, whereas the appeal of the Revenue is dismissed

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

5 were rejected being devoid of any merit. Accordingly, the order of the ld. CIT(Appeals) accepting the books of account of the assessee was upheld by the Tribunal. As regards the issues involved in Grounds No. 6 to 9 of the Revenue’s appeal relating to the I.T.A. No. 98/KOL./2011 Assessment year: 2002-2003 & C.O. No. 12/KOL/2011

DCIT, CIRCLE - 48, KOLKATA, KOLKATA vs. SANJAY JAISWAL, HOWRAH

In the result, the cross objection of the assessee is allowed , appeals of the assessee and revenue are dismissed as infructuous