SHRI AMITABHA CHAUDHURI,KOLKATA vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-1, DURGAPUR (WEST BENTAL), DURGAPUR
Appeal is allowed
ITA 2041/KOL/2019[2001-02]Status: DisposedITAT Kolkata28 Feb 2020AY 2001-02
Bench: Shri J. Sudhakar Reddy, Am & Shri S. S. Godara, Jm आयकर अपीलसं./I.T.A No.2041/Kol/2019 ("नधा"रण वष" / Assessment Years: 2001-02) Shri Amitabha Chaudhuri Vs. Dcit, Circle-1, Durgapur 2D-401, “Avishikta 1”, 369/1, Purbachal Kalitala Road, Kolkata – 700078. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acdpc1857E (Appellant) .. (Respondent) Appellant By : Shri S.M. Surana, Advocate Respondent By : Smt. Ranu Biswas, Addl. Cit सुनवाईक"तार"ख/ Date Of Hearing : 01/01/2020 घोषणाक"तार"ख/Date Of Pronouncement : 28/02/2020
For Appellant: Shri S.M. Surana, AdvocateFor Respondent: Smt. Ranu Biswas, Addl. CIT
Section 143(3)
55A(a) &
55(2)(b)(ii) – held as acceptable by Hon. ITAT, Kolkata.
Table # 2
Comparison of commercial parameters of Eastern Tea Estates (P) Ltd. on the basis of Audited B/S of the Company for FY'81- '82, FY'97 -98 and FY'98 -'99 on record, including figures stated for "previous years"
Financial
Saleable
Sale Proceeds
Secured
Secured Loan
