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

In the result, this appeal of revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 37(1) and deleting the disallowance of ₹ 20,36,75,000/- claimed as demurrage charges u/s 37(1) of the IT Act, 1961. (iii) That

MECON LTD ,RANCHI vs. DCIT CIR-2 , RANCHI

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

disallowance of such expenses incurred by the assessee prior to AY 2015-16. The amendment in section 37(1) of the Act is not a retrospective

MECON LIMITED,RANCHI vs. ACIT CIRCLE-2 , RANCHI

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

disallowance of such expenses incurred by the assessee prior to AY 2015-16. The amendment in section 37(1) of the Act is not a retrospective

DY. COMMISSIONER OF INCOME TAX, JAMSHEDPUR vs. URANIUM CORPORATION OF INDIA LIMITED, JAMSHEDPUR

In the result, this appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayd.C.I.T., Uranium Corporation Of India Jamshedpur. Limited, Vs. Turamardie Mines, Sundar Nagar, East Singhbhum-832107 (Jharkhand) Pan No. Aaacu 2207 N Appellant/ Assessee Respondent/ Revenue

disallowed even there was no specific provision like Section 37 to disallow it. However, the Hon'ble ITAT allowed it on the ground

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

37(1)", "Section 14A", "Section 35E", "Section 234A", "Section 234B"], "issues": "Disallowance of Lease Rent/Depreciation expenses, Land and Crop Compensation

CCL,RANCHI vs. DCIT CIR-1, RANCHI

disallowance under Section 14A. Several issues were decided in favor of the assessee based on principles of consistency, established legal precedents, and the nature of expenditure being revenue in nature.", "result": "Partly Allowed/Dismissed/Allowed", "sections": ["Section 37

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

sections": [ "Sec. 37(1)" ], "issues": "Disallowance of lease rent/depreciation on forest land, disallowance of land and crop compensation, disallowance of prior

M/S. CENTRAL COAL FIELDS LTD.,,RANCHI vs. ACIT/DCIT CIRCLE-1, RANCHI

Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees)\nAssessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare of of its employees like canteen,\nhostels, etc. business expenditure Commissioner disallowed

DEVPRABHA CONSTRUCTION PRIVATE LTD.,,DHANBAD vs. PCIT, DHANBAD

In the result, this appeal of the assessee is allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay(Virtual Hearing) Devprabha Construction Private Ltd., P.C.I.T., Dev Villa, Behind Radha Swamy Arcade, Dhanbad, Vs. Saraidhela, Dhanbad-828127. Aayakar Bhawan, Luby Pan No. Aaecb 2652 A Circular Road, Dhanbad-826001 (Jharkhand) Appellant/ Assessee Respondent/ Revenue

disallowed under Section 37 read with section 40A(2b) of the Act on estimate basis being 20% of the expenditure

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

37(1) of the Income-tax Act, 1961", "Section 14A of the Act", "Section 35E of the Act", "Section 234A/234B of the Act" ], "issues": "The appeals dealt with multiple disallowances

DCIT CIR-1, RANCHI vs. CCL, RANCHI

37(1) of the Income-tax Act, 1961", "Section 14A of the Act", "Section 35E of the Act", "Section 234A/234B of the Act" ], "issues": "The core issues revolved around the allowability of various expenses claimed by the assessee, including lease rent, compensation, prior period expenses, and other operational costs, and whether disallowances

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

Disallowances related to prior period expenses were generally allowed. Issues concerning IICM charges, mines closure expenses, and NCWA provisions were also decided in favor of the assessee based on consistency and accounting principles.", "result": "Partly Allowed", "sections": [ "Section 37

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

Section 37(1)", "Rule 46A"], "issues": "The core issues revolved around the allowability of unabsorbed depreciation, disallowance of contractual expenses

CCL,RANCHI vs. ACIT CIR-1, RANCHI

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 of of its employees like canteen,\nhostels, etc. business expenditure Commissioner disallowed

K M MEMORIAL HOSPITAL & RESERCH CENTRE (P) LTD,BOKARO vs. ACIT, CIRCLE-1,, HAZARIBAG

In the result, this ground of appeal of assessee is partly allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

37,09,380/-. The case was selected for scrutiny and the assessment was made by the Assessing Officer on 22/07/2015 under Section 143(3) of the Income Tax Act, 1961 (in short, the Act) assessing the total income at ₹ 69,96,030/-. In the mean time, the ld. Pr.CIT, Hazaribag passed the order under Section 263 of the Act vide

THE HAZARIBAGH CENTRAL CO-OPERATIVE BANK LTD,HAZARIBAG vs. ACIT, HAZARIBAG

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: BEFORES/SHRI GEORGE MATHAN, JUDICIAL MEMBER AND RATNESH NANDAN SAHAY (Accountant Member)

37,16,741/- as the same amounts to double addition. 4. In reply, ld CIT DR submitted the decision of the Hon’ble Bombay High Court in the case of Trustee of Tulsidar Gopaji Charitable and Chaleshwar Temple Trust (supra) was in relation to the provisions of section

DCIT CIR-1, RANCHI vs. CCL, RANCHI

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 of of its employees like canteen,\nhostels, etc. business expenditure Commissioner disallowed

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

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 of of its employees like canteen,\nhostels, etc. business expenditure Commissioner disallowed