2021 (12) TMI 728

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.... For the Appellant : Mr. P.K. Bhowmik, Adv., Mr. Madhu Jana, Adv. For the Respondent : Mr. J.P. Khaitan, Sr., Adv., Mrs. Nilanjana Banerjee Pal, Adv. ORDER The Court : This appeal by the revenue filed under Section 260A of the Income Tax Act (the 'Act' in brevity) is directed against the order dated 14th December, 2016 passed by the Income Tax Appellate Tribunal, A-Bench, Kolkata (the ....

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..../- on sale of scrap by treating it as income derived from profits and gains of industrial undertaking? iii) Whether on the facts and in the circumstances of the case the Learned Tribunal has erred in law in deleting the addition of Rs. 38,07,778/- made by the Assessing Officer under Section 14A of the Income Tax Act, 1961 read with Rule 8D of the Income Tax Rules, 1962 by disregarding tha....

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....the appeal preferred by the revenue in ITA No.117 of 2009 was dismissed by a judgement dated 20th November, 2009 on the ground of unexplained and inordinate delay. With regard to the assessment year 2002-03, the Tribunal granted relief to the assessee and the revenue carried the matter on appeal to this Court in ITA No.230 of 2009 which was dismissed by judgement dated 2nd September, 2019 on th....