M/S. BENGAL EMTA COAL MINES LIMITED,KOLKATA vs. DCIT, CENTRAL CIRCLE - XVI, KOLKATA, KOLKATA

In the result the appeal of the assessee is allowed for statistical purposes

Bench: Hon’Ble Shri J.Sudhakar Reddy, Am & Shri S.S.Viswanethra Ravi, Jm ]

35E of the Act, as were necessary for assessment, in the reasons recorded, cannot per say fulfil the requirement of law when there is full disclosure of all the facts,. The requirement of the proviso to section 147 of the Act are not fulfilled in this case. 11. The Hon’ble Bombay High Court in the case of M/s. Hindustan

ACIT, CIRCLE-2, ASANSOL, ASANSOL vs. M/S. EASTERN COALFIELDS LTD.,