DCIT,CIRCLE-1RANCHI, RANCHI vs. CENTRAL COALFIELD LTD, RANCHI
In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed
ITA 163/RAN/2024[2006-07]Status: DisposedITAT Ranchi20 Feb 2026AY 2006-07
Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayd.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee M/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue
Section 271Section 271(1)(c)Section 274
disallowance of expenses is as under :-
Sl.
Head
Amount
Issue involved
1
Lease Rent paid for 133,78,37,000/-
Whether revenue the acquisition of expenditure or capital
Forest land expenditure.
2
Prior period
8,99,66,000/-
Whether ascertained
&
expenses crystalized during the year.
3
Land
&
Crop
89,82,07,000/-
Whether of enduring
Compensation nature i.e. Capital
