TATA METALIKS LIMITED,KOLKATA vs. DCIT, CIRCLE - 3(1), KOLKATA, KOLKATA

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

Section 14A of the Act. Respectfully following the above decision as no exempted dividend income has been earned by the assessee. I am of the opinion that no disallowance u/s 14A can be made in this case. Accordingly the addition made by the A.O of Rs.19,246

KESORAM INDUSTRIES LTD.,KOLKATA vs. D.C.I.T.,CIRCLE-5(1), KOLKATA

In the result, all the appeals of the revenue for AYs 2012-13, 2014-

Bench: Hon’Ble Shri P. M. Jagtap, Vp (Kz) & Hon’Ble Shri A. T. Varkey]

disallowance under section 14A to Rs.10,00,000/-. Therefore, grounds raised by assessee's appeal are partly allowed for statistical purposes." 15. Since the facts and circumstances involved in the relevant year are similar to that of AYs 2008-09 & 2009-10, we do not find any infirmity in the order of the Ld. CIT(A) on this issue

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

In the result, all the appeals of the revenue for AYs 2012-13, 2014-

Bench: Hon’Ble Shri P. M. Jagtap, Vp (Kz) & Hon’Ble Shri A. T. Varkey]

disallowance under section 14A to Rs.10,00,000/-. Therefore, grounds raised by assessee's appeal are partly allowed for statistical purposes." 15. Since the facts and circumstances involved in the relevant year are similar to that of AYs 2008-09 & 2009-10, we do not find any infirmity in the order of the Ld. CIT(A) on this issue

M/S. KESORAM INDUSTRIES LTD., ,KOLKATA vs. DCIT, CIRCLE - 5(1) , KOLKATA

In the result, all the appeals of the revenue for AYs 2012-13, 2014-

Bench: Hon’Ble Shri P. M. Jagtap, Vp (Kz) & Hon’Ble Shri A. T. Varkey]

disallowance under section 14A to Rs.10,00,000/-. Therefore, grounds raised by assessee's appeal are partly allowed for statistical purposes." 15. Since the facts and circumstances involved in the relevant year are similar to that of AYs 2008-09 & 2009-10, we do not find any infirmity in the order of the Ld. CIT(A) on this issue

DCIT, CIRCLE - 5(1) , KOLKATA vs. M/S. KESORAM INDUSTRIES LTD., , KOLKATA

In the result, all the appeals of the revenue for AYs 2012-13, 2014-

Bench: Hon’Ble Shri P. M. Jagtap, Vp (Kz) & Hon’Ble Shri A. T. Varkey]

disallowance under section 14A to Rs.10,00,000/-. Therefore, grounds raised by assessee's appeal are partly allowed for statistical purposes." 15. Since the facts and circumstances involved in the relevant year are similar to that of AYs 2008-09 & 2009-10, we do not find any infirmity in the order of the Ld. CIT(A) on this issue

EXIDE INDUSTRIES LIMITED,KOLKATA vs. ADDL. CIT, RANGE - 1, KOLKATA, KOLKATA

In the result, the appeal of the assessee for A

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

disallowance made under section 14A has not been pressed by the ld. Counsel for the assessee at the time of hearing before us. The same is accordingly dismissed as not pressed. I.T.A. No. 189/KOL./2007 Assessment year: 2003-2004 & I.T.A. No. 1414/KOL/2007 Assessment Year : 2004-2005 Page 16 of 22 36. In Ground No. 7(a), the assessee has challenged

DCIT, CIRCLE - 11, KOLKATA, KOLKATA vs. M/S. I M C LTD, KOLKATA

Appeal is dismissed

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

disallowed the said provision and added back to the book profit computed u/s.115JB of the Act. 30. Aggrieved, assessee preferred an appeal before Ld. CIT(A) who deleted the addition made by AO by observing as under:- “In the computation of book profit u/s. 115JB of the Income-tax Act, the Assessing Officer added back the amount of Rs.24

M/S. IMC LTD.,KOLKATA vs. DCIT, CIRCLE - 11, KOLKATA, KOLKATA

Appeal is dismissed

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

disallowed the said provision and added back to the book profit computed u/s.115JB of the Act. 30. Aggrieved, assessee preferred an appeal before Ld. CIT(A) who deleted the addition made by AO by observing as under:- “In the computation of book profit u/s. 115JB of the Income-tax Act, the Assessing Officer added back the amount of Rs.24

DCIT, CIRCLE - 11, KOLKATA, KOLKATA vs. M/S. IMC LTD., KOLKATA

Appeal is dismissed

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

disallowed the said provision and added back to the book profit computed u/s.115JB of the Act. 30. Aggrieved, assessee preferred an appeal before Ld. CIT(A) who deleted the addition made by AO by observing as under:- “In the computation of book profit u/s. 115JB of the Income-tax Act, the Assessing Officer added back the amount of Rs.24

ORGANON (INDIA) LIMITED,MUMBAI vs. ADDL. CIT, CIRCLE - 12, KOLKATA, KOLKATA

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

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

section 40(a)(i) and confirmed by the ld. CIT(Appeals). Grounds no. 1 to 5 of the assessee’s appeal are accordingly allowed. 10. Grounds no. 6 to 8 involve a common issue relating to disallowance of conversion charges of Rs.35,87,454/- as made by the Assessing Officer and confirmed by the ld. CIT(Appeals) on account

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

disallowance to be made under section 14A of the Act and deduction claimed under section 80GGB and 80G of the Act. It is also manifest that ld. CIT(A) had raised the three above noted issues from the point of view of their taxability. Since ld. AO had not applied his mind to the question of taxability or non-taxability

JCIT(OSD), CIRCLE - 8, KOLKATA, KOLKATA vs. M/S. OBEROI HOTELS PVT. LTD., KOLKATA

In the result, assessee’s appeals in ITA Nos

Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]

246, which is another group company of the appellant. Hence, I direct the AO to reduce the disallowance u/s. 14A from 83,93,827/- to 6,44,193/-.” Aggrieved, now revenue as well as assessee came in appeal before Tribunal against restriction of disallowance at 1%. 4. We have heard rival submissions and gone through facts and circumstances

OBEROI HOTELS PRIVATE LIMITED,KOLKATA vs. DCIT, CIRCLE -8, KOLKATA, KOLKATA

In the result, assessee’s appeals in ITA Nos

Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]

246, which is another group company of the appellant. Hence, I direct the AO to reduce the disallowance u/s. 14A from 83,93,827/- to 6,44,193/-.” Aggrieved, now revenue as well as assessee came in appeal before Tribunal against restriction of disallowance at 1%. 4. We have heard rival submissions and gone through facts and circumstances

OBEROI HOTELS PRIVATE LIMITED,KOLKATA vs. DCIT, CIRCLE - 8, KOLKATA, KOLKATA

In the result, assessee’s appeals in ITA Nos

Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]

246, which is another group company of the appellant. Hence, I direct the AO to reduce the disallowance u/s. 14A from 83,93,827/- to 6,44,193/-.” Aggrieved, now revenue as well as assessee came in appeal before Tribunal against restriction of disallowance at 1%. 4. We have heard rival submissions and gone through facts and circumstances

DCIT, CIRCLE -8, KOLKATA, KOLKATA vs. M/S. OBEROI HOTELS PVT. LTD., KOLKATA

In the result, assessee’s appeals in ITA Nos

Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]

246, which is another group company of the appellant. Hence, I direct the AO to reduce the disallowance u/s. 14A from 83,93,827/- to 6,44,193/-.” Aggrieved, now revenue as well as assessee came in appeal before Tribunal against restriction of disallowance at 1%. 4. We have heard rival submissions and gone through facts and circumstances

THE TINPLATE COMPANY OF INDIA LTD.,KOLKATA vs. DCIT, CIR-3, KOLKATA, KOLKATA

In the result, all the appeals of assessee are partly allowed for statistical purposes

Bench: "ी ऐ. ट". वक", "यायीक सद"य एवं/And डॉ. अजु"न लाल सैनी, लेखा सद"य) [Before Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

246/- - Rs. 1700/-) is hereby disallowed.” 7. Aggrieved, assessee preferred appeal before the Ld. CIT(A), who deleted the disallowance of Rs.1000/- as made by the AO under Rule 8D(ii)(a) of the Rules and also directed the AO to recompute the disallowance under Rule 8D(2)(iii) of the Rules after verifying the investment on which exempt income

THE TINPLATE COMPANY OF INDIA,KOLKATA vs. DCIT, CIRCLE-3, KOLKATA, KOLKATA

In the result, all the appeals of assessee are partly allowed for statistical purposes

Bench: "ी ऐ. ट". वक", "यायीक सद"य एवं/And डॉ. अजु"न लाल सैनी, लेखा सद"य) [Before Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

246/- - Rs. 1700/-) is hereby disallowed.” 7. Aggrieved, assessee preferred appeal before the Ld. CIT(A), who deleted the disallowance of Rs.1000/- as made by the AO under Rule 8D(ii)(a) of the Rules and also directed the AO to recompute the disallowance under Rule 8D(2)(iii) of the Rules after verifying the investment on which exempt income

THE TINPLATE COMPANY OF INDIA,KOLKATA vs. DCIT, CIRCLE-3, KOLKATA, KOLKATA

In the result, all the appeals of assessee are partly allowed for statistical purposes

Bench: "ी ऐ. ट". वक", "यायीक सद"य एवं/And डॉ. अजु"न लाल सैनी, लेखा सद"य) [Before Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

246/- - Rs. 1700/-) is hereby disallowed.” 7. Aggrieved, assessee preferred appeal before the Ld. CIT(A), who deleted the disallowance of Rs.1000/- as made by the AO under Rule 8D(ii)(a) of the Rules and also directed the AO to recompute the disallowance under Rule 8D(2)(iii) of the Rules after verifying the investment on which exempt income