Tag
Justice Uday Kumar
3 articles
Kolkata Port Trust Tax Disallowance Upheld
The Calcutta High Court dismissed the revenue's appeal, upholding the ITAT order that deleted a Rs 648.84 crore disallowance for superannuation contributions.
The assessee, Kolkata Port Trust, had its
Kolkata Port Trust Secures Rs 752 Cr Tax Relief
The Calcutta High Court dismissed revenue's appeal, upholding ITAT order that deleted disallowances totaling approx Rs 752 cr for AY 2018‑19.
Contributions to Superannuation and Gratuity Funds were de
Kolkata Port Trust Disallowance Rs.564 Cr Overturned
The Calcutta High Court upheld the ITAT order, deleting a Rs.564.49 crore disallowance on superannuation fund contributions for AY 2020‑21.
The contribution exceeded the 27% Rule 87 ceiling but was de