2023 (2) TMI 1411

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....he Respondent : Mr. J.P. Khaitan, Sr. Adv. ORDER The Court : We have heard Mr. Soumen Bhattacharjee, learned standing counsel appearing for the appellant and Mr. J.P. Khaitan, learned senior counsel for the respondent. This appeal filed by the revenue under Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 31.7.2009 passed by the Income Tax Appellate Tribuna....

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....n the light of the decision of this Court in the case of assessee's sister concern in Principal Commissioner of Income Tax, Kolkata 4, Kolkata Vs. Vantage Advertising Pvt. Ltd. in ITA No. 41 of 2017. In the said decision, the said question was answered against the revenue in the following terms: "The Commissioner of Income Tax [Appeals] and the Tribunal considered the fact and have returned the ....

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....ar matter wherein an advertising company engaged in infrastructure development has erected automatic traffic signal and pedestrian foot over bridge and the question was whether this would constitute infrastructure development as contemplated in clause [a] of the Explanation to subsection [4] of section 80IA of the Act. The Division Bench by the said judgement had upheld the decision rendered by th....