CLASSIC NETWORKS PVT. LTD.,,RAJKOT-GUJARAT vs. THE DY. COMMR. OF INCOME TAX, CEN. CIR.2,, RAJKOT-GUJARAT

The appeals of the Revenue are dismissed for assessment years 2005-06 and 2006-07

801A(4) in respect of following infrastructure projects undertaken by the appellant: Sr. No. of Name of the project project referred by CIT (Appeals) 1 Repairing of road 2 EE/B1/32/04-05 Repairing of road 3 EE/B1/33/04-05 Repairing of road I.T.A Nos. 216, 217, 203 & 211/Rjt/2015 A.Y. 2005-06 & 2006-07 Page No 3 M/s Classic Networks Pvt. Ltd. vs. DCIT & ACIT

THE ACIT, CEN. CIR.-2,, RAJKOT-GUJARAT vs. M/S. CLASSIC NETWORK PVT. LTD.,, RAJKOT-GUJARAT

The appeals of the Revenue are dismissed for assessment years 2005-06 and 2006-07

801A(4) in respect of following infrastructure projects undertaken by the appellant: Sr. No. of Name of the project project referred by CIT (Appeals) 1 Repairing of road 2 EE/B1/32/04-05 Repairing of road 3 EE/B1/33/04-05 Repairing of road I.T.A Nos. 216, 217, 203 & 211/Rjt/2015 A.Y. 2005-06 & 2006-07 Page No 3 M/s Classic Networks Pvt. Ltd. vs. DCIT & ACIT

THE DCIT, CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. KISHORE PROJECTS PVT. LTD.,, RAJKOT-GUJARAT

In the result, both the appeals filed by the Revenue are dismissed

Bench: Smt. Annapurna Gupta & Ms. Suchitra Kamble

801A(4) of the Income Tax Act, on disallowance of Rs. 24,50,554/- made u/s. 40(a)(ia) of the Income Tax Act. 5. On legal and factual status of the case, the Ld. CIT(A) ought to have upheld the order of the Assessing Officer. 6. It is, therefore, prayed that the finding given in the order

THE DCIT, CIRCLE-1,, RAJKOT-GUJARAT vs. M/S. KISHORE PROJECTS PVT. LTD.,, RAJKOT-GUJARAT

In the result, both the appeals filed by the Revenue are dismissed

Bench: Smt. Annapurna Gupta & Ms. Suchitra Kamble

801A(4) of the Income Tax Act, on disallowance of Rs. 24,50,554/- made u/s. 40(a)(ia) of the Income Tax Act. 5. On legal and factual status of the case, the Ld. CIT(A) ought to have upheld the order of the Assessing Officer. 6. It is, therefore, prayed that the finding given in the order

SEABIRD MARINE SERVICES PRIVATE LIMITED,JAMNAGAR vs. ACIT, CIRCLE - 1, JAMNAGAR, JAMANGAR

In the result, ground No.4 raised by the assessee is allowed

reassess the company's income,\nthen it would have stated so in section 115J that 'income of the company as accepted by the\nAssessing Officer'. In the absence of the same and on the language of section 115J, it will have\nto held that view taken by the Tribunal is correct and the High Court has erred in reversing