M/S. WINCOME INTERNATIONAL LIMITED,KOLKATA vs. ACIT, CIRCLE 1(1),, KOLKATA

ITA 768/KOL/2026Status: DisposedITAT Kolkata01 September 2026AY 2017-201816 pages

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Income Tax Appellate Tribunal, “D” BENCH, KOLKATA

Before: SHRI GEORGE MATHAN & SHRI GOPALAN GURUSAMY

For Appellant: Shri S. K. Tulsiyan & Mita Rizvi, Advocates
For Respondent: Shri Praveen Das Chowdhury, Sr. DR
Hearing: 01.09.2026Pronounced: 01.09.2026

Per George Mathan, JM: This is an appeal filed by the assessee against the order of the CIT(A), NFAC, Delhi [hereinafter referred to as the ‘CIT(A)’] in appeal no.CIT(A), Kolkata-1/10555/2019-20 dated 03.12.2025 for the assessment year 2017-18. 2. Shri S. K. Tulsiyan & Mita Rizvi, Advocates represented on behalf of the assessee and Shri Praveen Das Chowdhury, Sr. DR represented on behalf of the revenue.

3.

It was submitted by the ld. AR that two issues are in the appeal. One is in regard to disallowance of the cash credit treating the same as unexplained income of the assessee in respect of three entities namely Jahangirabad Finance Co. Pvt. Ltd., Goodpoint Traders Pvt. Ltd. and Multiplier Enterpri

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