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CIT (Appeal) to follow the decision of Tribunal even if the Appeal is pending in high Court against the decision of Tribunal

Case Law Details

Case Name
DCIT Vs. Kesoram Industries Ltd. (ITAT Kolkata)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2006- 07
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DCIT Vs. Kesoram Industries Ltd. (ITAT Kolkata)- In the assessment order the A.O. did not accept this claim of the assessee on the ground that for the assessment years 2001-02 to 2005-06 the department had gone in appeal before the Hon’ble High Court against the decisions of Hon’ble ITAT, Kolkata in this matter. Thus the A.O. disallowed an amount of Rs.1,35,87,876/- as excess depreciation claimed.  On appeal ld. CIT(A ) after taking into consideration of the various documents filed by assessee before him and following the decisions of the ITAT, Kolkata from 2001-02 to 2005-06 deleted the...
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