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,
ITA 1010/KOL/2019[2012-13]Status: DisposedITAT Kolkata08 Oct 2024AY 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)
For Appellant: Samir ChakrabortyFor Respondent: Rakesh Kumar Das, CIT-DR
Section 115JSection 143(3)Section 14A
section 14A of the Act read with Rule
8D of the Rules to the extent of Rs. 5.53 lacs (as offered in the return of income) to 'book profits' under the provisions of 115JB of the Act.
3.2 He failed to appreciate and ought to have held that disallowance u/s 14A of the Act read with Rule
