DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

section 115J, then\nit should be that income which is acceptable to the authorities under the\nCompanies Act. There cannot be two incomes one for the purpose of\nCompanies Act and another for the purpose of Income-tax Act. If the\nLegislature intended the Assessing Officer to reassess

COAL INDIA LIMITED ,KOLKATA vs. DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA

section 115J, then\nit should be that income which is acceptable to the authorities under the\nCompanies Act. There cannot be two incomes one for the purpose of\nCompanies Act and another for the purpose of Income-tax Act. If the\nLegislature intended the Assessing Officer to reassess

DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

section 115J, then\nit should be that income which is acceptable to the authorities under the\nCompanies Act. There cannot be two incomes one for the purpose of\nCompanies Act and another for the purpose of Income-tax Act. If the\nLegislature intended the Assessing Officer to reassess

DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA vs. M/S. COAL INDIA LIMITED , KOLKATA

In the result, the appeals filed by the assessee in ITA Nos

section 115J, then\nit should be that income which is acceptable to the authorities under the\nCompanies Act. There cannot be two incomes one for the purpose of\nCompanies Act and another for the purpose of Income-tax Act. If the\nLegislature intended the Assessing Officer to reassess