D.C.I.T., CIRCLE-5, KOLKATA, KOLKATA vs. M/S HINDUSTAN COPPER LTD., KOLKATA

In the result, Revenue’s appeal stands dismissed

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmedassessment Year :2007-08

section 35DDA. Following the judgement of the Ld. CIT(A)-V, Kolkata in the appellate order for the Assessment Year 2002-03 & 2005- 06 and on the basis of my above observations, I hold that the entire grant of Rs.123,78,96,000/- should be allowed. The appeal is allowed on these grounds.’ Therefore, following the reasoning given