D.C.I.T CC - XIII,KOLKATA., KOLKATA vs. M/S TANTIA CONSTRACTION LTD., KOLKATA

In the result, both the appeals of the assessee as well as the revenue are dismissed

Bench: Shri M. Balaganesh, Am & Shri S. S. Viswanethra Ravi, Jm]

68,59,145/-, but paid tax on the basis of book profits u/s 115JB of the act. The assessment was completed u/s 143(3) of the Act by allowing the claim of deduction u/s 80IA of the Act amounting to Rs. 5,93,37,353/-. Consequent upon search and seizure operation u/s 132 of the Act conducted