ORIENT PAPER & INDUSTRIES LIMITED,KOLKATA vs. J.C.I.T RANGE - 6,KOLKATA, KOLKATA
In the result, the appeal in ITA 430/Kol/2013 of assessee is partly allowed and appeal in ITA 648/Kol/2013 of the revenue is dismissed
ITA 430/KOL/2013[2009-10]Status: DisposedITAT Kolkata10 Aug 2016AY 2009-10
Bench: : Shri P.M.Jagtap & Shri S.S. Viswanethra Ravi
For Appellant: Shri Asim Chaudhury, ld.ARFor Respondent: Shri Niraj Kumar, CIT, ld.Sr.DR
Section 143(3)Section 14A
section 35B of the Act, was challenged on merit. On the other hand, in the case of CIT –vs.-
Pruthvi Brokers & Shareholders Pvt. Ltd. reported in 349 ITR
336 (Bom.), the issue specifically raised before the Hon’ble
Bombay High Court was regarding the power of the appellate authorities to entertain and consider new claim not made in the return
