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Ramesh Nivrutti Shelar,Aurangabad vs Assisstant Commissioner Of Income Tax, ... on 15 May, 2026
cites
Section 10 in The Income Tax Act, 1961 [Entire Act]
Commissioner Of Income-Tax vs Ajit Kumar Bose on 6 January, 1986
25. In the remaining cases also, the respective AOs have
treated such compensation as capital in nature. We,
therefore, find merit in the arguments of the Ld. Counsel
for the assessee that when the concerned AOs after
reopening of the assessment have treated such
compensation as capital in nature and the Revenue has
not challenged the same and which has attained finality
since no 263 proceedings have been initiated, therefore,
the assessee's case being identical to the facts of the
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ITA No.2500/PUN/2025
Ramesh Nivrutti Shelar
other employees of Pfizer Healthcare India Pvt. Ltd., the
CIT(A) / NFAC is not justified in sustaining the addition
made by the Assessing Officer. 26. We further find the
Hon'ble Calcutta High Court in the case of CIT vs. Ajit
Kumar Bose (supra) has observed as under:
Ito, Wd-12(4), Kolkata, Kolkata vs M/S Shee Sen Leather Pvt. Ltd., Kolkata on 17 January, 2018
27. We find the Delhi Bench of the Tribunal in the case of ITO vs.
Avirook Sen (supra) at para 12 of the order has observed as
under:
The Income Tax Act, 1961
The Industrial Disputes Act, 1947
Section 17 in The Income Tax Act, 1961 [Entire Act]
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