BHOLEBABA JUTE PRIVATE LIMITED,KOLKATA vs. ITO, WARD 10(2),, KOLKATA

ITA 1415/KOL/2026Status: DisposedITAT Kolkata02 September 2026AY 2009-201010 pages

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Income Tax Appellate Tribunal, “A” BENCH, KOLKATA

For Appellant: Shri Abhishek Bansal, AR
For Respondent: Shri Raman Garg, DR
Hearing: 20.07.2026Pronounced: 02.09.2026

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 20.02.2026 for the AY 2009-10. 2. The only issue raised by the assessee is against the order of ld. CIT (A) upholding the order passed by the ld. AO u/s 143(3)/ 263 of the Income-tax Act, 1961 (the Act) dated 29.09.2021, thereby confirming the addition of ₹6,61,50,000/- in respect of share capital/share premium by treating the same as unexplained cash credit u/s 68 of the Bholebaba Jute Private Limited; A.Y. 2009-10 Income-tax Act, 1961 (the Act) in the assessment framed u/s 143(3)/ 263 o

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