DCIT, CIR-6(1), KOLKATA, KOLKATA vs. M/S INDIA CITY PROPERTIES LTD., KOLKATA

In the result, the revenue’s appeal for A

Section 23 of the Act. On appeal the Tribunal found that the tenant was in the occupation of the said flat since 1967 and was therefore protected under the West Bengal Premises Act, 1956. The bonafide of the tenancy was not in doubt and therefore the tenancy could not be disregarded or held to be sham. The Tribunal thus held

DCIT, CIR-6(1), KOLKATA, KOLKATA vs. M/S INDIA CITY PROPERTIES LTD., KOLKATA

In the result, the revenue’s appeal for A

Section 23 of the Act. On appeal the Tribunal found that the tenant was in the occupation of the said flat since 1967 and was therefore protected under the West Bengal Premises Act, 1956. The bonafide of the tenancy was not in doubt and therefore the tenancy could not be disregarded or held to be sham. The Tribunal thus held

DCIT, CIR-6(1), KOLKATA, KOLKATA vs. M/S INDIA CITY PROPERTIES LTD., KOLKATA

In the result, the revenue’s appeal for A

Section 23 of the Act. On appeal the Tribunal found that the tenant was in the occupation of the said flat since 1967 and was therefore protected under the West Bengal Premises Act, 1956. The bonafide of the tenancy was not in doubt and therefore the tenancy could not be disregarded or held to be sham. The Tribunal thus held

ACIT, CIRCLE-32, KOLKATA, KOLKATA vs. MRS. ISHITA MOHATTA, KOLKATA

In the result the Cross Objection, No

Bench: Shri A. T. Varkey, Jm & Dr. A.L. Saini, Am Acit, Cir-32, Kolkata Vs. Mrs. Ishita Mohatta 10B, Middleton Row, 3Rd Floor, Kolkata – 24, Park Street, Magma House, 9Th Floor, Kolkata – 700 071. 700 016. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Ajfpk 3943 P (अपीलाथ" /Assessee) (""यथ" / Respondent) .. & Co No.45/Kol/2018 (Assessment Year: 2013-14) Vs. Acit, Cir-32, Kolkata Mrs. Ishita Mohatta 24, Park Street, Magma House, 9Th 10B, Middleton Row, 3Rd Floor, Floor, Kolkata – 700 016. Kolkata – 700 071. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Ajfpk 3943 P (अपीलाथ" /Assessee) (""यथ" / Respondent) ..

property. This amendment will take effect from 1st April. 2001 and will, accordingly, apply in relation to the assessment year 2001-2002 and subsequent years. 14. We note that ld A.O was fully satisfied on the explanation of the assessee in regard to the long term capital gain earned from selling of shares of M/s Benzo Chem Industries Private

DCIT,CIRCLE-8, KOLKATA, KOLKATA vs. M/S. THE SATURDAY CLUB LTD, KOLKATA

In the result, the appeals of the Revenue for A

Bench: Shri Rajpal Yadav, Vice- & Dr. Manish Borad

section 22 income from house property is liable to the taxed. The income that the club had made in the instant case was from letting out the rooms. The income was derived from providing many facilities to the members including accommodation. Neither the club nor the members had treated these facilities separately and the department could not also treat them

THE SATURDAY CLUB LIMITED,KOLKATA vs. DCIT, CIRCLE - 8(2), KOLKATA, KOLKATA

In the result, the appeals of the Revenue for A

Bench: Shri Rajpal Yadav, Vice- & Dr. Manish Borad

section 22 income from house property is liable to the taxed. The income that the club had made in the instant case was from letting out the rooms. The income was derived from providing many facilities to the members including accommodation. Neither the club nor the members had treated these facilities separately and the department could not also treat them

THE SATURDAY CLUB LIMITED,KOLKATA vs. DCIT, CIR-8(2), KOLKATA, KOLKATA

In the result, the appeals of the Revenue for A

Bench: Shri Rajpal Yadav, Vice- & Dr. Manish Borad

section 22 income from house property is liable to the taxed. The income that the club had made in the instant case was from letting out the rooms. The income was derived from providing many facilities to the members including accommodation. Neither the club nor the members had treated these facilities separately and the department could not also treat them

I.T.O WD - 56(2),KOLKATA, KOLKATA vs. SALARPURIA SOFT ZONE, KOLKATA

In the result, the appeals of assessee are allowed and that of revenue are dismissed

Bench: Shri Mahavir Singh, Jm & Shri Wasim Ahmed, Am]

46 Volume – II. As per approval, commencement of Industrial park was to happen before 31.3.06 but the same was delayed by more than one year or less from 31.3.2006, hence, fresh approval was required. Accordingly, since the assessee was covered under non automatic route of Industrial Park Scheme 2002, it filed IPS-II dt. 01.01.08 as on 01.07.07 given

I.T.O WD - 56(2),KOLKATA, KOLKATA vs. SALARPURIA SOFT ZONE, KOLKATA

In the result, the appeals of assessee are allowed and that of revenue are dismissed

Bench: Shri Mahavir Singh, Jm & Shri Wasim Ahmed, Am]

46 Volume – II. As per approval, commencement of Industrial park was to happen before 31.3.06 but the same was delayed by more than one year or less from 31.3.2006, hence, fresh approval was required. Accordingly, since the assessee was covered under non automatic route of Industrial Park Scheme 2002, it filed IPS-II dt. 01.01.08 as on 01.07.07 given

M/S SALARPURIA SOFT ZONE,KOLKATA vs. J.C.I.T RG - 56,KOLKATA, KOLKATA

In the result, the appeals of assessee are allowed and that of revenue are dismissed

Bench: Shri Mahavir Singh, Jm & Shri Wasim Ahmed, Am]

46 Volume – II. As per approval, commencement of Industrial park was to happen before 31.3.06 but the same was delayed by more than one year or less from 31.3.2006, hence, fresh approval was required. Accordingly, since the assessee was covered under non automatic route of Industrial Park Scheme 2002, it filed IPS-II dt. 01.01.08 as on 01.07.07 given

M/S SALARPURIA SOFT ZONE,KOLKATA vs. J.C.I.T RG - 56,KOLKATA, KOLKATA

In the result, the appeals of assessee are allowed and that of revenue are dismissed

Bench: Shri Mahavir Singh, Jm & Shri Wasim Ahmed, Am]

46 Volume – II. As per approval, commencement of Industrial park was to happen before 31.3.06 but the same was delayed by more than one year or less from 31.3.2006, hence, fresh approval was required. Accordingly, since the assessee was covered under non automatic route of Industrial Park Scheme 2002, it filed IPS-II dt. 01.01.08 as on 01.07.07 given

DCIT, CIR-12(1), KOLKATA, KOLKATA vs. M/S BENGAL AMBUJA HOUSING DEVELOPMENT LTD., KOLKATA

In the result, the both appeals of the Revenue are dismissed

Bench: Shri A. T. Varkey, Jm & Shri A.L.Saini, Am]

section 80-IB(10)(a) of the Act is "shall", but it would not necessarily mean that in every case, it shall be taken to be mandatory requirement instead would depend upon the intent of the Legislature and not the language in which the provision is clothed. The meaning and the intent of the Legislature would be gathered

JKS INFRASTRUCTURE PVT. LTD.,KOLKATA vs. PR.CIT, CENTRAL - 1, KOLKATA , KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri S.S.Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1073/Kol/2018 ("नधा"रणवष" / Assessment Year:2011-12)

House Property Income” and interest of Rs. 3,51,12,845/- has been allowed without examining whether such interest was paid on the loans, if any, taken by the assessee for constructing or acquiring go-down from which rental income has been shown. The ld PCIT noticed that as per M/s JKS Infrastructures Pvt. Ltd.’s balance sheet

HARIT PROPERTIES PVT. LTD..,KOLKATA vs. ITO, WARD-5(1), KOLKATA

In the result, the appeal of assessee is dismissed

Section 2(1A)(c), Agriculture Income includes any income derived from the building owned & occupied by the receiver of the rent or revenue of any such land provided that the building is on or in the immediate vicinity of the land and is used as a dwelling house or as a store house of the agriculture produce. 4. That

VEERPRABHU AUTO PVT. LTD.,KOLKATA vs. A.C.I.T., CC - 2(4), KOL, KOLKATA

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

Bench: Shri George Mathan & Shri Rakesh Mishra

46,903/-. During the Previous year ITA No.:1218/KOL/2024 Assessment Year: 2016-17 Veerprabhu Auto Pvt. Ltd. corresponding to the AY 2016-17, the Assessing Officer (hereinafter referred to as Ld. 'AO') noted that the assessee had derived income from rent amounting to ₹9,48,000/-, therefore, the rental income ought to have been considered under "Income from House property

DCIT, CIRCLE-6(1), KOLKATA, KOLKATA vs. M/S NATIONAL ENGINEERING INDUSTRIES LTD., KOLKATA

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

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.986 & 987/Kol/2017 ("नधा"रणवष" / Assessment Years: 2011-12& 2012-13) D.C.I.T, Circle-6(1), Vs. M/S. National Engineering

section 23 of the Act in assessing the house property income. The 30% deduction on such service charges was allowed in computing the house property income. M/s. National Engineering Industries Ltd. Assessment Years: 2011-12 & 2012-13 ITA Nos.986 & 987/Kol/2017 7. On appeal, the ld. CIT(A) deleted the addition. Aggrieved by the order

DCIT, CIRCLE-6(1), KOLKATA, KOLKATA vs. M/S NATIONAL ENGINEERING INDUSTRIES LTD., KOLKATA

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

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.986 & 987/Kol/2017 ("नधा"रणवष" / Assessment Years: 2011-12& 2012-13) D.C.I.T, Circle-6(1), Vs. M/S. National Engineering

section 23 of the Act in assessing the house property income. The 30% deduction on such service charges was allowed in computing the house property income. M/s. National Engineering Industries Ltd. Assessment Years: 2011-12 & 2012-13 ITA Nos.986 & 987/Kol/2017 7. On appeal, the ld. CIT(A) deleted the addition. Aggrieved by the order

D.C.I.T CIR - 56,KOLKATA., KOLKATA vs. SMT. SARITA ARORA, KOLKATA

In the result, the appeal of the Revenue is dismissed

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

section 41(1) of the Income Tax Act. For convenience, the grounds of appeal are reproduced as hereunder:- I.T.A. No. 118/KOL./2013 Assessment year: 2009-2010 Page 2 of 11 (1) That on the facts and in the circumstances of the case, the ld. CIT(A)-XXXVI, Kolkata, erred in fact by not sustaining the enhancement in rental income from