DCIT,CC-1(3),KOLKATA, KOLKATA vs. DISHA REALCON PVT. LTD., KOLKATA

In the result, all the captioned appeals of the revenue are dismissed and the Cross Objection of the assessee is allowed

Bench: Shri Sanjay Garg & Shri Rakesh Mishra

268A of the Income Tax Act, 1961 (hereinafter referred to as “the Act”) because of low tax effect than the prescribed limits as per CBDT Circular No. 09/2024 (supra). 3. Even on merits, since common facts are involved in all the appeals, hence, our decision arrived at on remaining appeals will also apply to these three appeals also

DCIT, CC-1(3), KOLKATA, KOLKATA vs. SAMRIDDHI METALS PVT. LTD., KOLKATA

In the result, all the captioned appeals of the revenue are dismissed and the Cross Objection of the assessee is allowed