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199 results for “disallowance”+ Section 260clear

Sorted by relevance

Mumbai1,190Delhi809Karnataka536Bangalore249Chennai234Kolkata199Telangana95Jaipur93Ahmedabad83Hyderabad45Pune44Calcutta39Chandigarh37Surat34Visakhapatnam34Lucknow31Rajkot29Raipur28Indore23Nagpur19Cuttack18SC16Cochin15Varanasi12Punjab & Haryana9Jodhpur8Amritsar8Patna7Kerala7Dehradun4Rajasthan3Panaji3Orissa3Allahabad2Ranchi2Himachal Pradesh2Bombay1J&K1RANJAN GOGOI PRAFULLA C. PANT1Guwahati1Andhra Pradesh1Jabalpur1Uttarakhand1Agra1H.L. DATTU S.A. BOBDE1

Key Topics

Section 143(3)89Addition to Income72Section 14A66Disallowance52Section 14744Section 26339Section 14836Deduction34Section 143(1)28Section 115J

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

Appeal is partly allowed in above terms

ITA 170/KOL/2018[2010-11]Status: DisposedITAT Kolkata15 Mar 2019AY 2010-11

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 139(1)Section 143(3)Section 43B

260 (Kolkata - Trib.) (relevant pages of the order placed at 75 to 78 of the Paper book) directed the Assessing Officer to delete the disallowance made under section

ACIT, CIRCLE-3, KOLKATA, KOLKATA vs. M/S TATA METALICS LTD., KOLKATA

In the result, all the four appeals of the Revenue are dismissed, while all the four appeals of the assessee are treated as partly allowed as indicated above

Showing 1–20 of 199 · Page 1 of 10

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26
Section 4022
Condonation of Delay18
ITA 956/KOL/2012[2005-06]Status: DisposedITAT Kolkata04 Mar 2016AY 2005-06

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

260/-. 34. We have heard the arguments of both the sides on this issue and also perused the relevant material available on record. It is observed that this issue relating to the disallowance under section

M/S TATA GLOBAL BEVERAGES LIMITED,KOLKATA vs. THE DCIT, CIRCLE-4(2), KOLKATA, KOLKATA

In the result, the appeals filed by the assessee for AY 2012-

ITA 1854/KOL/2016[2012-13]Status: DisposedITAT Kolkata13 Feb 2023AY 2012-13

Bench: Dr. Manish Borad & Sonjoy Sarma

Section 143(3)Section 14ASection 92B

260 (Koi) Pricewaterhouse Coopers (P.) Ltd. -vs.- ACIT [2020] 183 ITD 354 (Kolkata - Trib.) Page 33 of 41 I.T.A. No.: 1854/Kol/2016 Assessment Year: 2012-13 I.T.A. No.: 1899/Kol/2017 Assessment Year: 2013-14 M/s. Tata Global Beverages Limited. 4.1 The next common issue is disallowance under section

M/S TATA GLOBAL BEVERAGES LIMITED,KOLKATA vs. THE DCIT, CIRCLE-4(2), KOLKATA, KOLKATA

In the result, the appeals filed by the assessee for AY 2012-

ITA 1899/KOL/2017[2013-14]Status: DisposedITAT Kolkata13 Feb 2023AY 2013-14

Bench: Dr. Manish Borad & Sonjoy Sarma

Section 143(3)Section 14ASection 92B

260 (Koi) Pricewaterhouse Coopers (P.) Ltd. -vs.- ACIT [2020] 183 ITD 354 (Kolkata - Trib.) Page 33 of 41 I.T.A. No.: 1854/Kol/2016 Assessment Year: 2012-13 I.T.A. No.: 1899/Kol/2017 Assessment Year: 2013-14 M/s. Tata Global Beverages Limited. 4.1 The next common issue is disallowance under section

D.C.I.T., CIRCLE-4, KOLKATA, KOLKATA vs. M/S KEVENTER AGRO LTD., KOLKATA

In the result, assessee’s appeal is allowed

ITA 2768/KOL/2013[2010-2011]Status: DisposedITAT Kolkata18 Oct 2017AY 2010-2011

Bench: Hon’Ble Shri Waseem Ahmed & Shri S.S.Viswanethra Ravi

Section 143(3)Section 40(1)(a)Section 41(1)

Section 41(1) of the Act. However, the AO disregarded the contention of the assessee by observing that the revenue against the ld. CIT(A)’s order for A.Y.2005-06 has preferred an appeal before the Hon’ble ITAT which is pending for adjudication. Accordingly the AO treated the amount of sales tax incentive for Rs. 2,52,74,260

M/S KEVENTER AGRO LIMITED,KOLKATA vs. ADDL.C.I.T., RANGE-4, KOLKATA, KOLKATA

In the result, assessee’s appeal is allowed

ITA 2576/KOL/2013[2010-2011]Status: DisposedITAT Kolkata18 Oct 2017AY 2010-2011

Bench: Hon’Ble Shri Waseem Ahmed & Shri S.S.Viswanethra Ravi

Section 143(3)Section 40(1)(a)Section 41(1)

Section 41(1) of the Act. However, the AO disregarded the contention of the assessee by observing that the revenue against the ld. CIT(A)’s order for A.Y.2005-06 has preferred an appeal before the Hon’ble ITAT which is pending for adjudication. Accordingly the AO treated the amount of sales tax incentive for Rs. 2,52,74,260

M/S POWER MAX (INDIA) PVT. LTD.,KOLKATA vs. DCIT, CIR-8, KOL., KOLKATA

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

ITA 125/KOL/2017[2011-2012]Status: DisposedITAT Kolkata15 Jun 2018AY 2011-2012

Bench: Shri P.M. Jagtap, Am & Shri S.S. Viswanethra Ravi, Jm] I.T.A. No. 125/Kol/2017 Assessment Year: 2011-12 M/S. Power Max (India) Pvt. Ltd....................................………………………….............Appellant 18A, Park Street, Stephen Court, Kolkata – 700 071. [Pan : Aabcp 9559 R] Dcit Circle 8 Kolkata..………………………………………………………….............Respondent Aayakar Bhawan Poorva, 110, Shanti Pally, 6Th Floor, Kolkata – 700 107. Appearances By: Shri A.N. Chatterjee, Fca Appearing On Behalf Of The Assessee. Shri S. Dasgupta, Addl. Cit (Dr) Appearing On Behalf Of The Revenue. Date Of Concluding The Hearing : April 05, 2018 Date Of Pronouncing The Order : June 15, 2018 Order Per P.M. Jagtap, Am This Appeal Filed By The Assessee Is Directed Against The Order Of Ld. Cit(A) – 18, Kolkata Dated 19.12.2016. 2. At The Time Of Hearing Before The Tribunal, The Learned Counsel For The Assessee Has Not Pressed Ground No 1 Raised In The Appeal Of The Assessee. It Is Also Noted That Ground No 4 Raised By The Assessee In This Appeal In General Which Does Not Call For Specific Adjudication.

Section 143(3)Section 194C(2)Section 194ISection 206ASection 40

disallowance under section 40(a)(ia) to the extent of Rs. 22,46,041/- and Rs. 56,81,220/- was made by the AO on account of short deduction of tax at source by the assessee from the relevant payments. In the case of DCIT vs S.K. Tekriwal 260

SALES EMPORIUM (SOUTH),KOLKATA vs. DCIT, CIRCLE-26, KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed for statistical purposes subject to directions contained hereinabove

ITA 2262/KOL/2016[2010-11]Status: DisposedITAT Kolkata11 Jul 2018AY 2010-11

Bench: Hon’Ble Shri Aby. T. Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 2262/Kol/2016 Assessment Years : 2010-11 Sales Emporium (South) -Vs- Dcit, Circle-53/Now 26, Kolkata [Pan: Aawfs 6903 J ] (Appellant) (Respondent)

For Appellant: Shri V.N. Datta, AdvocateFor Respondent: Shri A. Bhattacharjee, Addl. CIT
Section 131Section 143(3)Section 40

260, section 262, section 263 or section 264, or (c) on any order passed under sub-section (4) of section 245D on the application made by the firm, that any remuneration to any partner is not deductible under clause (b) of section 40, the Assessing Officer may amend the order of assessment of the partner with a view to adjusting

DCIT, CIRCLE - 8, KOLKATA, KOLKATA vs. M/S. TM INTERNATIONAL LOGISTICS LTD., KOLKATA

In the result, appeals of revenue are dismissed and cross objections of the assessee are allowed in part

ITA 1513/KOL/2008[2004-05]Status: DisposedITAT Kolkata04 Oct 2016AY 2004-05

Bench: Shri P.M. Jagtap, Am & Shri K. Narasimha Chary, Jm]

For Respondent: Shri R. K. Kureel, JCIT
Section 115JSection 143(3)Section 14ASection 80Section 80I

section 153 of the Act, the assessee cannot be allowed to plead that the orders are barred by limitation and bad under law. We do not find any merit in these grounds and accordingly dismiss the same. Ground No 2 in Co 109/Kol/2008 16. AO disallowed the expenses relating to repairs and maintenance on a building located at Kolkata

DCIT, CIRCLE - 8, KOLKATA, KOLKATA vs. M/S. TM INTERNATIONAL LOGISTICS LTD., KOLKATA

In the result, appeals of revenue are dismissed and cross objections of the assessee are allowed in part

ITA 1914/KOL/2008[2005-06]Status: DisposedITAT Kolkata04 Oct 2016AY 2005-06

Bench: Shri P.M. Jagtap, Am & Shri K. Narasimha Chary, Jm]

For Respondent: Shri R. K. Kureel, JCIT
Section 115JSection 143(3)Section 14ASection 80Section 80I

section 153 of the Act, the assessee cannot be allowed to plead that the orders are barred by limitation and bad under law. We do not find any merit in these grounds and accordingly dismiss the same. Ground No 2 in Co 109/Kol/2008 16. AO disallowed the expenses relating to repairs and maintenance on a building located at Kolkata

ASHOK THAKKAR,KOLKATA vs. ACIT, CIR-29, KOLKATA, KOLKATA

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 260/KOL/2014[2007-08]Status: DisposedITAT Kolkata16 Sept 2015AY 2007-08

Bench: Shri P. M. Jagtap)

For Appellant: NoneFor Respondent: Shri Subhrajoti Bhattacharya, JCIT, Sr.DR
Section 143(3)Section 40

260/-. In the assessment completed under section 143(3), vide an order dated 29.12.2009, the total income of the assessee was determined by the AO at Rs.12,41,602/-, after making the following disallowances

M. K. SHAH EXPORTS LTD.,KOLKATA vs. DCIT, CIR-4, KOLKATA, KOLKATA

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

ITA 506/KOL/2016[2009-2010]Status: DisposedITAT Kolkata17 Aug 2018AY 2009-2010

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.506 & 507/Kol/2017 ("नधा"रणवष" / Assessment Years: 2009-10& 2010-11) M/S. M. K. Shah Exports Ltd. Vs. D.C.I.T, Circle-4, Kolkata

For Appellant: Shri S. Jhajharia, ARFor Respondent: ShriSanjay Paul & Saurabh Kumar, Addl. CIT (Sr.DR)
Section 143(3)Section 14A

disallowance made u/s 14A to the book profit computed by the Assessee. M/s. M. K. Shah Exports Ltd. Revenue-ITA Nos.1274 & 1275/Kol/2016,andAssessee- 506 & 507/Kol/2016 Assessment Years: 2009-10 & 2010-11 (ii). Ground No.2 raised by the Revenue in ITA No.1274/Kol/2016, for Assessment Year 2009-10 relates to issue of addition of Rs.10,24,804/- on account of income

JCIT, (OSD), CIR-4(1), KOLKATA, KOLKATA vs. M/S M. K. SHAH EXPORTS LTD., KOLKATA

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

ITA 1275/KOL/2016[2010-2011]Status: DisposedITAT Kolkata17 Aug 2018AY 2010-2011

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.506 & 507/Kol/2017 ("नधा"रणवष" / Assessment Years: 2009-10& 2010-11) M/S. M. K. Shah Exports Ltd. Vs. D.C.I.T, Circle-4, Kolkata

For Appellant: Shri S. Jhajharia, ARFor Respondent: ShriSanjay Paul & Saurabh Kumar, Addl. CIT (Sr.DR)
Section 143(3)Section 14A

disallowance made u/s 14A to the book profit computed by the Assessee. M/s. M. K. Shah Exports Ltd. Revenue-ITA Nos.1274 & 1275/Kol/2016,andAssessee- 506 & 507/Kol/2016 Assessment Years: 2009-10 & 2010-11 (ii). Ground No.2 raised by the Revenue in ITA No.1274/Kol/2016, for Assessment Year 2009-10 relates to issue of addition of Rs.10,24,804/- on account of income

JCIT, (OSD), CIR-4(1), KOLKATA, KOLKATA vs. M/S M. K. SHAH EXPORTS LTD., KOLKATA

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

ITA 1274/KOL/2016[2009-2010]Status: DisposedITAT Kolkata17 Aug 2018AY 2009-2010

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.506 & 507/Kol/2017 ("नधा"रणवष" / Assessment Years: 2009-10& 2010-11) M/S. M. K. Shah Exports Ltd. Vs. D.C.I.T, Circle-4, Kolkata

For Appellant: Shri S. Jhajharia, ARFor Respondent: ShriSanjay Paul & Saurabh Kumar, Addl. CIT (Sr.DR)
Section 143(3)Section 14A

disallowance made u/s 14A to the book profit computed by the Assessee. M/s. M. K. Shah Exports Ltd. Revenue-ITA Nos.1274 & 1275/Kol/2016,andAssessee- 506 & 507/Kol/2016 Assessment Years: 2009-10 & 2010-11 (ii). Ground No.2 raised by the Revenue in ITA No.1274/Kol/2016, for Assessment Year 2009-10 relates to issue of addition of Rs.10,24,804/- on account of income

M. K. SHAH EXPORTS LTD.,KOLKATA vs. DCIT, CIR-4, KOLKATA, KOLKATA

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

ITA 507/KOL/2016[2010-2011]Status: DisposedITAT Kolkata17 Aug 2018AY 2010-2011

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.506 & 507/Kol/2017 ("नधा"रणवष" / Assessment Years: 2009-10& 2010-11) M/S. M. K. Shah Exports Ltd. Vs. D.C.I.T, Circle-4, Kolkata

For Appellant: Shri S. Jhajharia, ARFor Respondent: ShriSanjay Paul & Saurabh Kumar, Addl. CIT (Sr.DR)
Section 143(3)Section 14A

disallowance made u/s 14A to the book profit computed by the Assessee. M/s. M. K. Shah Exports Ltd. Revenue-ITA Nos.1274 & 1275/Kol/2016,andAssessee- 506 & 507/Kol/2016 Assessment Years: 2009-10 & 2010-11 (ii). Ground No.2 raised by the Revenue in ITA No.1274/Kol/2016, for Assessment Year 2009-10 relates to issue of addition of Rs.10,24,804/- on account of income

D.C.I.T., CIRCLE-4, KOLKATA, KOLKATA vs. M/S. ROSSELL INDIA LTD., KOLKATA

In the result, Revenue’s appeal stands dismissed

ITA 2774/KOL/2013[2009-2010]Status: DisposedITAT Kolkata15 Mar 2017AY 2009-2010

Bench: Shri Aby.T Varkey & Shri Waseem Ahmedassessment Year:2009-10 Dcit, Circle-4, Kolkata V/S. M/S Rossell India Ltd. P-7, Chowringhee 21/1A/3, Darga Road, Square, Kolkata-69 Jindal Towers, Block B, 4Th Floor, Park Circus, Kolkta-700 017 [Pan Noaabcr 3736 J] .. अपीलाथ" /Appellant ""यथ"/Respondent

Section 10(34)Section 115JSection 143(3)Section 14A

sections (2) and (3) of sec. 14A and Sub-rule(l) of Rule 80, assessing officer had rightly invoked the said Rules for determining that portion of interest which is to be disallowed u/s 14A. Ld. CIT(A)'s observation was not correct more so when no opportunity was allowed to A.O. under Rule 46A to examine the fresh submission

EIH LIMITED,KOLKATA vs. DCIT, CIR-8(1)KOL., KOLKATA

In the result, assessee’s appeal stands partly allowed for statistical purpose

ITA 117/KOL/2017[2012-13]Status: DisposedITAT Kolkata16 May 2018AY 2012-13

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmedassessment Year :2012-13 Eih Ltd V/S. Dcit, Circle-8(1), 4, Mangoe Lane, Aayakar Bhawan, P-7, Kolkata-700 001 Chowringhee Square, [Pan No.Aaace 6898 B] Kolkata-69 .. अपीलाथ" /Appellant ""यथ"/Respondent Shri Ravi Sharma, Ar अपीलाथ" क" ओर से/By Appellant Shri P.K. Srihari, Cit-Dr ""यथ" क" ओर से/By Respondent 27-02-2018 सुनवाई क" तार"ख/Date Of Hearing 16-05-2018 घोषणा क" तार"ख/Date Of Pronouncement आदेश /O R D E R Per Waseem Ahmed:- This Appeal By The Assessee Is Directed Against The Order Of Dispute Resolution Panel-2, (Drp For Short) Dated 17.10.2016. Assessment Was Framed By Dcit, Circle-8(1), Kolkata U/S 144C(13)/143(3) Of The Income Tax Act, 1961 (Hereinafter Referred To As ‘The Act’) Vide His Order Dated 29.11.2016 For Assessment Year 2012-13 & Grounds Raised By Assessee Read As Under:- “1.0 Determination Of Arm'S Length Price For Corporate Guarantee Fees 1.1 On The Facts & In The Circumstances Of The Case & In Law, The Learned Transfer Pricing Officer (Hereinafter Referred To As "Ld, Tpo") & Accordingly Learned Assessing Officer (Hereinafter Referred To As "Ld. Ao") Erred In Treating The Corporate Guarantee Extended By The Appellant To Its Associated Enterprise (Ae) As International Transaction & Dispute Resolution Panel (Hereinafter Referred To As "Ld, Panel") Erred In Confirming The Same As An International Transaction Without Appreciating The Fact That It Does Not Fall Within The Ambit Of "International Transaction" U/S 92B Of The Act. 1.2 The Ld.Ao/Tpo & The Ld. Panel Failed To Appreciate The Fact That Corporate Guarantee Has Been Advanced By The Appellant As A Matter Of Commercial Prudence To Protect The Business Interest Of The Group By Fulfilling

Section 14Section 144C(13)Section 14ASection 14A(2)Section 92B

disallowance of ₹ 5,30,91,623/- on account of non-deduction of tax u/s 195 of the Act r.w.s. 40(a)(i) of the Act. 33. The assessee during the year has incurred certain expenses in foreign currency for ₹23,20,18,199/- only. The expenses in foreign currency include the following expenses:- i) Inspection fee ii) Advertisement in magazine

DCIT, CIR-11(1), KOLKATA, KOLKATA vs. M/S KHAITAN INDIA LTD, KOLKATA

In the result, the appeals filed by the Revenue(in Ground Nos

ITA 1217/KOL/2015[2009-2010]Status: DisposedITAT Kolkata20 Dec 2017AY 2009-2010

Bench: Shri A. T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1216 & 1217/Kol/2015 ("नधा"रणवष" / Assessment Years: 2008-09 & 2009-10) Dcit, Circle-11(1), Kol Vs. M/S. Khaitan India Ltd. P-7, Chowringhee Square, Kolkata 46C, J.L. Nehru Road, – 69. “Everest House”, 18Th Floor, Kolkata – 700 071. "थायीलेखासं./जीआइआरसं./Pan/Gir No. : Aabck 2326 B (Assessee) .. (Respondent) Assesseeby:Shrisallongyaden, Addl. Cit Respondent By:Shri Arvind Agarwal, Adv. & Shri. Sanjay Bhattacharya, Fca सुनवाईक"तार"ख/ Date Of Hearing : 21/09/2017 घोषणाक"तार"ख/Date Of Pronouncement : 20/11/2017

For Appellant: ShriSallongYaden, Addl. CITFor Respondent: Shri Arvind Agarwal, Adv. & Shri. Sanjay Bhattacharya, FCA
Section 10(34)Section 143(1)Section 143(2)Section 143(3)Section 14A

Section 14A by applying Rule 8D is bad in law. This judgment also explains that the disallowance under Rule 8D(2)(ii) should be in respect of the investments which yielded exempt income. Respectfully, following the judgment of the jurisdictional Calcutta High Court, Kolkata, we find no infirmity in the order passed by the ld. CIT(A). Therefore, we confirm

DCIT, CIR-11(1), KOLKATA, KOLKATA vs. M/S KHAITAN INDIA LTD, KOLKATA

In the result, the appeals filed by the Revenue(in Ground Nos

ITA 1216/KOL/2015[2008-2009]Status: DisposedITAT Kolkata20 Dec 2017AY 2008-2009

Bench: Shri A. T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1216 & 1217/Kol/2015 ("नधा"रणवष" / Assessment Years: 2008-09 & 2009-10) Dcit, Circle-11(1), Kol Vs. M/S. Khaitan India Ltd. P-7, Chowringhee Square, Kolkata 46C, J.L. Nehru Road, – 69. “Everest House”, 18Th Floor, Kolkata – 700 071. "थायीलेखासं./जीआइआरसं./Pan/Gir No. : Aabck 2326 B (Assessee) .. (Respondent) Assesseeby:Shrisallongyaden, Addl. Cit Respondent By:Shri Arvind Agarwal, Adv. & Shri. Sanjay Bhattacharya, Fca सुनवाईक"तार"ख/ Date Of Hearing : 21/09/2017 घोषणाक"तार"ख/Date Of Pronouncement : 20/11/2017

For Appellant: ShriSallongYaden, Addl. CITFor Respondent: Shri Arvind Agarwal, Adv. & Shri. Sanjay Bhattacharya, FCA
Section 10(34)Section 143(1)Section 143(2)Section 143(3)Section 14A

Section 14A by applying Rule 8D is bad in law. This judgment also explains that the disallowance under Rule 8D(2)(ii) should be in respect of the investments which yielded exempt income. Respectfully, following the judgment of the jurisdictional Calcutta High Court, Kolkata, we find no infirmity in the order passed by the ld. CIT(A). Therefore, we confirm

EIH LTD.,KOLKATA vs. THE DCIT, CIR-8(1), KOLKATA, KOLKATA

In the result, the appeal of the assessee is partly allowed for statistical purposes and the appeal of the revenue is dismissed

ITA 110/KOL/2016[2011-2012]Status: DisposedITAT Kolkata12 Jan 2018AY 2011-2012

Bench: Hon’Ble Shri Aby. T. Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 153/Kol/2016 Assessment Year : 2011-12 Dcit, Circle-8(1), Kolkata -Vs- M/S Eih Limited [Pan: Aaace 6898 B] (Appellant) (Respondent) I.T.A No. 110/Kol/2016 Assessment Year : 2011-12 M/S Eih Limited -Vs- Dcit, Circle-8(1), Kolkata [Pan: Aaace 6898 B] (Appellant) (Respondent) For The Appellant : Shri Kanchun Kaushal,Ar For The Department : Shri G.Mallikarjuna, Cit Dr Date Of Hearing : 26.10.2017 Date Of Pronouncement : 12.01.2018 Order Per Bench:

For Appellant: Shri Kanchun Kaushal,ARFor Respondent: Shri G.Mallikarjuna, CIT DR
Section 14ASection 14A(2)

DISALLOWED U/S 40(a)(ia) READ WITH SECTION 194J OF THE ACT Ground no. 2 of Revenue’s Appeal The brief facts of this issue is that the assessee claimed expenditure of Rs. 3,82,22,285/- towards commission to directors as below:- Shri P.R.S.Oberoi Rs 1,73,73,765/- Shri S.S.Mukherji Rs 1,04,24,260