THE ANANDA BAG TEA COMPANY LTD,EVEREST HOUSE vs. DCIT, 4(1) KOLKATA, AAYAKAR BHAWAN

ITA 983/KOL/2026Status: DisposedITAT Kolkata03 September 2026AY 2017-188 pages

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Income Tax Appellate Tribunal, “A” BENCH, KOLKATA

For Appellant: Shri Giridhar Dhelia, AR
For Respondent: Shri Sandip Mandal, DR
Hearing: 11.08.2026Pronounced: 03.09.2026

Per Rajesh Kumar, AM:

This is an appeal preferred by the assessee against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the “Ld. CIT(A)”] dated 21.01.2026 for the AY 2017-18. 2. The only issue raised by the assessee in various grounds of appeal is against the order of ld. CIT (A) confirming the addition of ₹49,58,000/- as made by the ld. AO as unexplained money u/s 68 of the Income-tax Act, 1961 (the Act). The Ananda Bag Tea Company Ltd.; A.Y. 2017-18

3.

The facts in brief are that the assessee filed the return of income on 18.10.2017, declaring total income at ₹59,98,933/- . The case of the assessee was selected for scrutiny and statutory notices

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