PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S.E CITY PROJECTS LUCKNOW (P) LD.
The appeals are dismissed and substantial questions
ITA/85/2018HC Orissa05 Jul 2022
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE R.K.PATTANAIK
For Appellant: Mr. Tilak Mitra, AdvFor Respondent: Mr. J. P. Khaitan, Senior Adv
Section 11ASection 12ASection 260ASection 3Section 4
c)
Whether the finding of the Income Tax Appellate Tribunal
regarding effective date of applicability of Section
4
12AA(3) of the Income Tax Act, is perverse in law
considering the explanatory notes of Finance Act, 2010 ?
We have heard Mr. Tilak Mitra, learned standing counsel
assisted
by
Mr.
Radhamohan
Roy,
learned
advocate
for
the
appellant/revenue
