ACIT CIR-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

32,000/- under Rule\n8D(2)(iii) of the Rules.\n8. Ld. CIT(A) in the appellate proceedings recorded the finding that\nassessee's own interest free funds were sufficient to cover\ninvestment made in the securities. Ld. CIT(A) noted that the equity\nfund of the assessee was Rs. 4,657 Cr whereas average\ninvestments were only

ACIT CIR-1 , DHANBAD vs. M/S BHARAT COKING COAL LTD, DHANBAD

In the result, appeal of the revenue is dismissed and appeal by the assessee is partly allowed as well as cross-objection by the assessee is allowed

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

section 32(2) as amended by Finance Act, 2001 and were available for carry forward and set off against the profits and gains of subsequent years without any limit whatsoever.” 8. In the light of the judicial precedents on the issue especially that of the Hon’ble Gujarat High court in the case of General Motors India Pvt. Ltd. (supra

M/S BHARAT COOKING COAL LIMITED ,DHANBAD vs. ACIT CIRCLE-1 , DHANBAD

In the result, appeal of the revenue is dismissed and appeal by the assessee is partly allowed as well as cross-objection by the assessee is allowed

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

section 32(2) as amended by Finance Act, 2001 and were available for carry forward and set off against the profits and gains of subsequent years without any limit whatsoever.” 8. In the light of the judicial precedents on the issue especially that of the Hon’ble Gujarat High court in the case of General Motors India Pvt. Ltd. (supra

BADRINATH SALES PRIVATE LIMITED,ADITYAPUR, WEST SINGHBHUM vs. DCIT/ACIT CIRCLE 1 JSR, JAMSHEDPUR

In the result, the appeal of the assessee is allowed

32 of this submission for your kind reference.\n1.3.5 That the assessing officer erred in passing order under section\n144 of the Act after considering the reply filed by the assessee in\nresponse to notice issued under section 142(1) by the assessing\nofficer which is not in accordance with the accepted and well\nestablished norms of assessment and therefore

CCL,RANCHI vs. DCIT CIR-1, RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

DCIT CIR-1 , RANCHI vs. M/S CENTRAL COALFIELDS LTD, RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees)\nAssessee-company was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

ACIT CIRCLE-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

32,000/- under Rule\n8D(2)(iii) of the Rules.\n8. Ld. CIT(A) in the appellate proceedings recorded the finding that\nassessee's own interest free funds were sufficient to cover\ninvestment made in the securities. Ld. CIT(A) noted that the equity\nfund of the assessee was Rs. 4,657 Cr whereas average\ninvestments were only

ACIT CIR-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

In the result, all the captioned appeals are hereby dismissed

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A No.299/Ran/2017 Assessment Year: 2009-10 Acit,Central-1, Dhanbad............................................................……Appellant Vs. M/S Bharat Coking Coal Ltd........................................……...…..…..Respondent Koyla Bhawan, Koyla Nagara, Dhanbad—826005 [Pan: Aaacb7934M] I.T.A No.123/Ran/2018 Assessment Year: 2009-10 M/S Bharat Coking Coal Ltd........................................................…… Respondent Koyla Bhawan, Koyla Nagara, Dhanbad—826005 [Pan: Aaacb7934M] Vs. Acit,Central-1, Dhanbad..............................................……...…..….. Appellant C.O No.08/Ran/2018 (In Ita No.299/Ran/2017) Assessment Year: 2009-10 M/S Bharat Coking Coal Ltd..................................................... …Cross-Objector Koyla Bhawan, Koyla Nagara, Dhanbad—826005 [Pan: Aaacb7934M] Vs. Acit,Central-1, Dhanbad..............................................……...…..….. Appellant Appearances By: Shri Rinku Singh, Cit- Dr., Appeared On Behalf Of The Appellant. Shri M. K. Choudhary With Devesh Poddar, Adv Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : May 23, 2023 Date Of Pronouncing The Order : July 07, 2023

section 32(2) as amended by Finance Act, 2001 and were available for carry forward and set off against the profits and gains of subsequent years without any limit whatsoever.” 8. In the light of the judicial precedents on the issue especially that of the Hon’ble Gujarat High court in the case of General Motors India Pvt. Ltd. (supra

M/S BHARAT COKING COAL LTD ,DHANBAD vs. ACIT CIRCLE-1 , DHANBAD

In the result, all the captioned appeals are hereby dismissed

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A No.299/Ran/2017 Assessment Year: 2009-10 Acit,Central-1, Dhanbad............................................................……Appellant Vs. M/S Bharat Coking Coal Ltd........................................……...…..…..Respondent Koyla Bhawan, Koyla Nagara, Dhanbad—826005 [Pan: Aaacb7934M] I.T.A No.123/Ran/2018 Assessment Year: 2009-10 M/S Bharat Coking Coal Ltd........................................................…… Respondent Koyla Bhawan, Koyla Nagara, Dhanbad—826005 [Pan: Aaacb7934M] Vs. Acit,Central-1, Dhanbad..............................................……...…..….. Appellant C.O No.08/Ran/2018 (In Ita No.299/Ran/2017) Assessment Year: 2009-10 M/S Bharat Coking Coal Ltd..................................................... …Cross-Objector Koyla Bhawan, Koyla Nagara, Dhanbad—826005 [Pan: Aaacb7934M] Vs. Acit,Central-1, Dhanbad..............................................……...…..….. Appellant Appearances By: Shri Rinku Singh, Cit- Dr., Appeared On Behalf Of The Appellant. Shri M. K. Choudhary With Devesh Poddar, Adv Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : May 23, 2023 Date Of Pronouncing The Order : July 07, 2023

section 32(2) as amended by Finance Act, 2001 and were available for carry forward and set off against the profits and gains of subsequent years without any limit whatsoever.” 8. In the light of the judicial precedents on the issue especially that of the Hon’ble Gujarat High court in the case of General Motors India Pvt. Ltd. (supra

M/S BHARAT COOKING COAL LTD ,DHANBAD vs. ACIT CIR-1 , DHANBAD

section 132(1)\nof the Act was carried out in the case of Sri Lal Babu Singh on November 23,\n2011. In the course of search operations, cash in the form of deposits in the bank\naccounts of Rs. 75.78 crs and Fixed Deposits of Rs. 17.40 crs were found and\nseized.\nBCCL,\nPost-search investigations in this group

SHAH BROTHERS,CHAIBASA vs. ACIT CENTRAL CIRCLE-1, RANCHI

In the result, this appeal of the assessee is allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayshah Brothers, A.C.I.T., Thana Lane, Chaibasa-833201 Central Circle-1, Vs. (Jharkhand) Ranchi. Pan No. Aazfs 7498 F Appellant/ Assessee Respondent/ Revenue

32. DECISION: 1. 1. I have carefully considered the submissions of the Ld. ARs as against the observations made by the Id. AO in the impugned order. In the assessment order the Id. AO observed that during the relevant year the appellant had made contractual payment of Rs.34,01,811/- to M/s Rajshila Nirman Pvt Ltd. (‘RNPL’). He further observed

DCIT CIRCLE-1 , RANCHI vs. CCL LTD , RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) - Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

DCIT CIR-1,, RANCHI vs. CCL, RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) - Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

DCIT CIR-1, RANCHI vs. CCL, RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

CCL,RANCHI vs. ACIT CIR-1, RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

SHRIRAM MARKETING SERVICES,GIRIDIH vs. PCIT, DHANBAD

In the result, grounds of appeal raised by the assessee are allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 263 of the Act dated 26/12/2022, set aside the order of Assessing Officer dated 24/09/2021 on the ground that the Assessing Officer did not make any enquiry or investigation to ascertain the nature, source and genuineness of ₹ 2,68,72,976/- and directed the Assessing Officer to make a fresh assessment on the issues discussed above because

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT, CIRCLE-1,, RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare

CCL ,RANCHI vs. DCIT CIR-1 , RANCHI

32 of 2017 passed in Writ petition No.5424\nof 2020 dated 15/04/2025 wherein the Hon'ble Madhya Pradesh High Court\nhas held as follows:-\nV. Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare