M/S JHARKHAND STATE FOREST DEVELOPMENT CORPORATION LIMITED ,RANCHI vs. DCIT CIRCLE-1 , RANCHI
In the result, appeal of the assessee in ITA No
ITA 33/RAN/2018[13-14]Status: DisposedITAT Ranchi08 Oct 2025
Bench: Shri George Mathan, Jm & Shri Ratnesh Nandan Sahay, Am आयकर अपील सं./Ita No.33/Ran/2018 (निि ारण वर्ा / Assessment Year :2013-2014) M/S Jharkhand State Forest Vs. Dcit, Circle-1, Ranchi Development Corporation Ltd. H/O Bms Electricals, Near Hinoo Bridge, Hinoo, Ranchi, Jharkhand-834002 स्थायी लेखा सं./Pan No. : Aabcj 1402 H & आयकर अपील सं./Ita No.38/Ran/2018 (निि ारण वर्ा / Assessment Year :2013-2014) Dcit, Circle-1, Ranchi Vs. M/S Jharkhand State Forest Development Corporation Ltd. H/O Bms Electricals, Near Hinoo Bridge, Hinoo, Ranchi, Jharkhand-834002 स्थायी लेखा सं./Pan No. : Aabcj 1402 H & Cross Objection.03/Ran/2019 (निि ारण वर्ा / Assessment Year :2013-2014) (Arising Out Of Ita No.38/Ran/2018) M/S Jharkhand State Forest Vs. Dcit, Circle-1, Ranchi Development Corporation Ltd. H/O Bms Electricals, Near Hinoo Bridge, Hinoo, Ranchi, Jharkhand-834002 स्थायी लेखा सं./Pan No. : Aabcj 1402 H (अपीलार्थी /Appellant) (प्रत्यर्थी / Respondent) .. निर्ाारिती की ओर से /Assessee By : Shri J.P.Sharma, Advocate राजस्व की ओर से /Revenue By : Shri Rajib Jain, Cit-Dr सुनवाई की तारीख / Date Of Hearing : 08/10/2025 घोषणा की तारीख/Date Of Pronouncement : 08/10/2025 आदेश / O R D E R Per Bench :
For Appellant: Shri J.P.Sharma, AdvocateFor Respondent: Shri Rajib Jain, CIT-DR
Section 143(3)Section 234ASection 250Section 43BSection 56
disallowed and added back to our total income.
CO No.03/Ran/19
As per Closure Order U/s 250
It was stated that the amount of ₹4,35,52,240 was unpaid royalty and the payment was not in terms of the provisions of section 43B of the Act. Hence, it was added back to the income of the AY 2013-14. Ground