2024 (7) TMI 845

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.... For the Respondent : Ms. Smita Das De, Adv. JUDGMENT 1. Mr. Sachit Jolly, learned Counsel appears for the appellant through video conference and Smt. Smita Das De, learned standing Counsel appears for the respondent. 2. The matter relates to assessment years 2012-13 and 2013-14. 3. The appeal has been admitted by this Court by order dated 12.12.2018 on the following substantial questions of l....

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....ited) Vs. Assistant Commissioner of Income Tax Circle-57, Kolkata and Anr.] and in view thereof, both the substantial questions of law deserve to be answered in favour of the assessee and against the revenue. 5. We find that in the case of Bharti Cellular Limited (Supra), Hon'ble Supreme Court concluded as under: "In view of the aforesaid discussion, we hold that the assessees would not be unde....