MAA CHINTPOORNI TIE-UP PRIVATE LIMITED,KOLKATA vs. I.T.O, WARD-1(2), KOLKATA, KOLKATA

In the result, both the appeals of the assessee are allowed for statistical purposes

Bench: Shri Sanjay Garg & Shri Rakesh Mishra

section 56(2)(viia) and also recompute the disallowance u/s. 14A in accordance with law. Accordingly, we remit the matter back to the file of Ld. CIT(A) for disposal of the grounds taken by the assessee by passing a speaking order. Needless to say, that assessee shall be given a reasonable opportunity of being heard to make any further