Madan Mohan Engineering & Hardware, Hooghly vs. ITO, Ward - 24(2), Hooghly
In the result, the appeal of the assessee is allowed
ITA 181/KOL/2018[2010-11]Status: DisposedITAT Kolkata20 Jun 2018AY 2010-11
Bench: Shri P.M. Jagtap, Am] I.T.A. No. 181/Kol/2018 Assessment Year: 2010-11 M/S. Madan Mohan Engineering & Hardware.................................…………………...Appellant Bhanderhati, Dhaniakhali, Hooghly – 712 301. [Pan: Aajfm 9702 A] Ito, Ward 24(2) Hooghly...................……………………………………………..................Respondent Aayakar Bhawan, G.T. Road, Khadina More, Chinsurah, Hooghly – 712 101. Appearances By: Shri Sanjoy Chatterjee, Fca Appearing On Behalf Of The Assessee. Shri D.C. Mondal, Addl. Cit Appearing On Behalf Of The Revenue. Date Of Concluding The Hearing : May 29, 2018 Date Of Pronouncing The Order : June 20, 2018 Order This Appeal Filed By The Assessee Is Directed Against The Order Of Ld. Cit (Appeals) – 6, Kolkata Dated 28.07.2017 & The Solitary Issue Involved Therein Relates To The Addition Of Rs. 10,00,890/- Made By The Ao & Confirmed By The Ld. Cit(A) On Account Of Difference In Valuation Of Stock As Reflected In The Accounts Of The Assessee & As Shown In The Stock Statement Submitted To The Bank.
Section 143(3)Section 263
…IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH ‘SMC’, KOLKATA [Before Shri P.M. Jagtap, AM] I.T.A. No. 181/Kol/2018 Assessment Year: 2010-11 M/s. Madan Mohan Engineering & Hardware.................................…………………...Appellant Bhanderhati, Dhaniakhali, Hooghly – 712 301. [PAN: AAJFM 9702 A] ITO, Ward 24(2) Hooghly...................……………………………………………..................Respondent Aayakar Bhawan, G.T. Road, Khadina More, Chinsurah, Hooghly – 712 101. Appearances by: Shri Sanjoy Chatterjee, FCA appearing on behalf of the Assessee. Shri D.C. Mondal, Addl. CIT appearing on behalf of the Revenue. Date of conc…