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TMI Blog2008 (9) TMI 1035X X X X Extracts X X X X X X X X Extracts X X X X ..... umar Prasad For the Petitioner : S.S. Sarkar. For the Respondent : Ms. Nilanjana Banerjee Pal, Adv. ORDER 1. The Court : We are satisfied with the grounds made in the petition for condonation of delay. Hence delay is condoned. Accordingly, the application being G.A. No. 2803 of 2008 is allowed. 2. After hearing the learned Counsel for the appellant the appeal is admitted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Wills World Cup, which pertains to the next year, was not claimed in the accounts this year and has been claimed and allowed in the next year? 3. Whether, on the facts and in the circumstances of the case, the Income tax Appellate Tribunal is correct in allowing donations of Rs.24 lakhs to staff welfare associations, which are in admissible under section 40A(9) of the Income Tax Act, 1961? ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te interest relatable to interest free advances to the subsidiaries? 7. Whether, on the facts and in the circumstances of the case, the Income tax Appellate Tribunal is correct in directing that proportionate capital gains of Rs.45,85,029 pertaining to land would be treated as long term capital gains, though the property sold constituted a composite unit and the gains were in the nature of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bunal is correct in holding that the self assessment tax paid was to be deducted from the tax payable as per the assessment order for the purposes of calculating interest payable under section 234A of the Income Tax Act, 1961, though the section does not provide therefor? 3. Let the Paper Book be filed within 8 weeks from date. Let the appeal be listed for hearing 12 weeks hence. 4. All p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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