D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

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

house.\n4. That on the facts and circumstances of the case, the Ld. CIT(A) erred in\ncorrect in treating the expenditure of Rs.55,07,700/- claimed towards\nTrademark and Copyright consultancy under the head \"Professional Fees\"\nas revenue expenditure instead of capital expenditure as treated by the AO\nin the assessment proceeding.\n5. That on the facts and circumstances

D.C.I.T CIR - 10(1), KOLKATA vs. M/S EUREKA FORBS LTD, KOLKATA

house.\n4. That on the facts and circumstances of the case, the Ld. CIT(A) erred in\ncorrect in treating the expenditure of Rs.55,07,700/- claimed towards\nTrademark and Copyright consultancy under the head \"Professional Fees\"\nas revenue expenditure instead of capital expenditure as treated by the AO\nin the assessment proceeding.\n5. That on the facts and circumstances

GARUD CREDIT & HOLDING PVT LTD,KOLKATA vs. I.T.O WD - 9(2),KOLKATA, KOLKATA

In the result, the appeal filed by the assessee is allowed

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A. No. 1270/Kol/2013 Assessment Year: 2009-2010 Garud Credit & Holding Pvt. Limited,.........Appellant D.J. Shah & Co., 2, Elgin Road, Kolkata-700020 [Pan: Aaacg9791P] -Vs.- Income Tax Officer,.................................Respondent Ward-9(2), Kolkata, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata-700069 Appearances By: Shri Veekaas S. Sharma, Ca, Appeared On Behalf Of The Assessee Shri P.P. Barman, Addl. Cit, Appeared On Behalf Of The Revenue Date Of Concluding The Hearing : February 06, 2023 Date Of Pronouncing The Order : May 01, 2023 O R D E R

35D of the Act as well as higher amount of expenses claimed by the assessee during the year as compared to the preceding year. The ld. Assessing Officer noticed that during the year, there is a transaction of share capital and share premium received by the assessee at Rs.14,69,50,000/- from issue of 14,69,500 equity shares