How many judgments cite CIT v. Pranav Foundations Ltd.?

31 judgments on BharatTax cite CIT v. Pranav Foundations Ltd. (229 Taxmann 58), spanning 2018 to 2025.

Which sections of the Income Tax Act does CIT v. Pranav Foundations Ltd. come up under?

It is most often cited in judgments turning on Section 68, Section 133(6), Section 143(3), Section 147, Section 131, Section 142(1).

CIT v. Pranav Foundations Ltd.

229 Taxmann 58High Court2015#3831 most cited

What is CIT v. Pranav Foundations Ltd. authority for?

When an assessee proves the identity, creditworthiness, and genuineness of transactions for share premium or share application money, and establishes the source of funds, additions under Section 68 are not justified, especially before the Finance Act, 2012's amendment.

judgments rely on this decision, according to BharatTax’s citation analysis of 366,315 Indian tax judgments — from 2018 to 2025.

Also referred to as

CIT v Pranav Foundations Ltd · Section 68 · share premium · share application money · identity · creditworthiness · genuineness · source of funds · explanation of nature and source · section 68 before amendment

Also reported as

51 Taxmann.com 198

Sections most often in play

Section 68 Section 133(6)Section 143(3)Section 147 Section 131 Section 142(1)Section 148 Section 139(1)

Issues it is cited on

section 148b section 106 section 149(1)(a)bogus share capital share capital and share premium source of source section 56(2)(viib)creditworthiness of the creditor section 149(1)share application money mere change of opinion section 30

Judgments citing CIT v. Pranav Foundations Ltd.

Samrat Finvestors Private Limited, Kolkata vs. DCIT, Cent. Cir. 4(2), Kolkata

In the result, the appeals of the assessee are partly allowed

ITA 1038/KOL/2025[2016-2017]Status: DisposedITAT Kolkata16 Oct 2025AY 2016-2017

Bench: Shri Rajesh Kumar, Am & Shrigeorge Mathan, Jm

For Appellant: Shri Soumitra Choudhury, ARFor Respondent: Shri Sanat Kumar Raha, DR

Section 131Section 143(3)Section 263Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, KOLKATA BEFORE SHRI RAJESH KUMAR, AM AND SHRIGEORGE MATHAN, JM ITA No.1035 to 1038/KOL/2025 (Assessment Year:2012-13, 2014-15 to 2016-17) Samrat Finvestors Private ITO, Ward 5(2) Limited 110, Shantipally, Aayakar 20/1, Maharshi Debendra Road, Bhawan Poorva, Kolkata-700107, Vs. 2nd Floor, Room No.13A, West Bengal Kolkata-700007, West Bengal (Appellant) (Respondent) PAN No. AADCS4698G Assessee by : Shri Soumitra Choudhury, AR Revenue by : Shri Sanat Kumar Raha, DR Date of hearing: 27.09.2025 Date of pronouncement: 16.10.2025 O R D E R Per Rajesh Kumar, AM: These a…

Samrat Finvestors Private Limited, Kolkata vs. DCIT, Cent. Cir. 4(2), Kolkata

In the result, the appeals of the assessee are partly allowed

ITA 1037/KOL/2025[2015-2016]Status: DisposedITAT Kolkata16 Oct 2025AY 2015-2016

Bench: Shri Rajesh Kumar, Am & Shrigeorge Mathan, Jm

For Appellant: Shri Soumitra Choudhury, ARFor Respondent: Shri Sanat Kumar Raha, DR

Section 131Section 143(3)Section 263Section 68

Samrat Finvestors Private Limited, Kolkata vs. DCIT, Cent. Cir. 4(2), Kolkata

In the result, the appeals of the assessee are partly allowed

ITA 1036/KOL/2025[2014-2015]Status: DisposedITAT Kolkata16 Oct 2025AY 2014-2015

Bench: Shri Rajesh Kumar, Am & Shrigeorge Mathan, Jm

For Appellant: Shri Soumitra Choudhury, ARFor Respondent: Shri Sanat Kumar Raha, DR

Section 131Section 143(3)Section 263Section 68

Samrat Finvestors Private Limited, Kolkata vs. ITO, Ward 5(2) (Now DCIT, Cent.Cir. 4(2)), Kolkata

In the result, the appeals of the assessee are partly allowed

ITA 1035/KOL/2025[2012-2013]Status: DisposedITAT Kolkata16 Oct 2025AY 2012-2013

Bench: Shri Rajesh Kumar, Am & Shrigeorge Mathan, Jm

For Appellant: Shri Soumitra Choudhury, ARFor Respondent: Shri Sanat Kumar Raha, DR

Section 131Section 143(3)Section 263Section 68

Assistant Commissioner of Income Tax Circle 4(3)(1), Mumbai vs. Mohit Bharatiya, Mumbai

In the result, appeal of the assessee is allowed

ITA 3850/MUM/2025[2011-12]Status: DisposedITAT Mumbai24 Sept 2025AY 2011-12

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI GIRISH AGRAWAL (Accountant Member)

For Appellant: Shri Satyaprakash Singh, CAFor Respondent: Shri Satyaprakash R. Singh, CIT DR and Shri Leyaqat Ali Aafaqui, Sr. AR

Section 143(3)Section 148Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2011-12 Mohit Bharatiya Deputy Commissioner of Income 1001/1101, Khushi Pride tax - 4(3)(1), Belmendo, Mumbai Vs. Opp Link Road Santacruz W, Vallabh Bhai Road, Mumbai - 400054. (PAN: ALCPK2213Q) (Appellant) (Respondent) Assessment Year: 2011-12 Assistant Commissioner of Mohit Bharatiya Income tax - 4(3)(1), 1001/1101, Khushi Pride Mumbai Belmendo, Vs. Opp Link Road Santacruz W, Vallabh Bhai Road, Mumbai - 400054. (PAN: ALCPK2213Q) (Appellant) (Respondent) Prese…

Leading Age Developers Private Limited, Mumbai vs. ACIT CC 2(2), Mumbai

In the result, appeal of the assessee in ITA No

ITA 1114/MUM/2024[2011-12]Status: HeardITAT Mumbai17 Oct 2024AY 2011-12

Bench: Shri Pavan Kumar Gadale & Shri Girish Agrawal

For Appellant: Shri Vimal Punmiya, CAFor Respondent: Shri Manoj Kumar Sinha, Sr. DR

Section 143Section 143(3)Section 148Section 153ASection 271(1)(c)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA No.1113 and 1114/MUM/2024 Assessment Year: 2011-12 Leading Age Developers Pvt. Ltd., Assistant Commissioner of Mohammedi No.1, Commercial Income Tax, Peru Chawal, Dr. B A Road, Central Circle 2(2), Vs. Shree Ganesh Nagar, Lalbaug, Mumbai Parel, Mumbai – 400012 (PAN : AABCL5948G) (Appellant) (Respondent) Present for: Assessee : Shri Vimal Punmiya, CA Revenue : Shri Manoj Kumar Sinha, Sr. DR Date of Hearing : 08.08.2024 Date of Pronouncement : 17.10.2024 O R D E…

Leading Age Developers Private Limited, Mumbai vs. Central Circle 2(2), Central Building

In the result, appeal of the assessee in ITA No

ITA 1113/MUM/2024[2011-12]Status: DisposedITAT Mumbai17 Oct 2024AY 2011-12

Bench: Shri Pavan Kumar Gadale & Shri Girish Agrawal

For Appellant: Shri Vimal Punmiya, CAFor Respondent: Shri Manoj Kumar Sinha, Sr. DR

Section 143Section 143(3)Section 148Section 153ASection 271(1)(c)Section 68

Mundhra Construction P Ltd., Kolkata vs. ITO, Ward-10(2), Kolkata

In the result, appeal of the assessee is allowed

ITA 807/KOL/2024[2012-13]Status: DisposedITAT Kolkata13 Aug 2024AY 2012-13

Bench: Shri Manish Borad, Accountant Member Shri Sonjoy Sarma (Judicial Member)

Section 124(3)(a)Section 131Section 133(6)Section 143(1)Section 143(2)Section 143(3)Section 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA Shri Manish Borad, Accountant Member Shri Sonjoy Sarma, Judicial Member I.T.A. No. 807/Kol/2024 Assessment Year: 2012-13 Mundhra Construction Pvt. Ltd. CF-300, Sector 1, Salt Lake City, Kolkata - 700064 [PAN: AAGCM5610H] ..................…...……………....Appellant vs. Income Tax Officer Ward 10(2), Kolkata- 700069 .........................…..…..... Respondent Appearances by: Assessee represented by : Shri Sunil Surana, AR Department represented by : Shri Abhijit Kundu, CIT-DR Date of concluding the hearing : July 10, 2024 Date of pronouncing the order : Augu…

Deputy Commissioner of Income Tax, Airindia Building, Nariman Point, Mumbai vs. Fateh Granite Limited, Andheri, Mumbai

In the result, appeal of the Revenue is dismissed

ITA 3484/MUM/2023[2010-11]Status: DisposedITAT Mumbai09 Jul 2024AY 2010-11

Bench: Shri Pavan Kumar Gadale

For Appellant: Shri Prakash JhunjhunwalaFor Respondent: Ms. Rajeshwari Menon, Sr.DR

Section 131Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH MUMBAI BEFORE SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2010-11 Deputy Commissioner of Income Fateh Granite Ltd., Tax, 517, Option Primo, MIDC, Central Circle – 6(3), Andheri (East), Vs. Mumbai Mumbai – 400 093 (PAN : AAACF4425H) (Appellant) (Respondent) Present for: Assessee : Shri Prakash Jhunjhunwala Revenue : Ms. Rajeshwari Menon, Sr.DR Date of Hearing : 22.05.2024 Date of Pronouncement : 09.07.2024 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the Revenue is against the or…

Sharda Ferro Works(P)Ltd, Howrah vs. DCIT, Asansol

In the result, appeal of the assessee is allowed

ITA 954/KOL/2023[2012-13]Status: DisposedITAT Kolkata14 Mar 2024AY 2012-13

Bench: Shri Sonjoy Sarma & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Sunil Surana, AdvocateFor Respondent: Shri P. P. Barman, Addl. CIT

Section 133(6)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA BEFORE SHRI SONJOY SARMA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Sharda Ferro Works Pvt. Ltd. Deputy Commissioner of 4th Floor, Respect Home, Income Tax, Circle-1, Vs. Halderpara, Podrah Andul Road, Asansol Howrah-711109, West Bengal. (PAN: AAKCS0706L) (Appellant) (Respondent) Present for: Appellant by : Shri Sunil Surana, Advocate Respondent by : Shri P. P. Barman, Addl. CIT Date of Hearing : 01.02.2024 Date of Pronouncement : 14.03.2024 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the a…

ITO, WD. -4(1), Kolkata vs. Rajshree Integrated Cold Chain Pvt. Ltd., Kolkata

In the result, appeal of the revenue is dismissed

ITA 40/KOL/2021[2012-13]Status: DisposedITAT Kolkata01 Jan 2024AY 2012-13

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri P. P. Barman, Addl. CIT, Sr. DRFor Respondent: Shri Miraj D. Shah, Advocate

Section 131Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Income-tax Officer, Ward-4(1), Rajshree Integrated Cold Kolkata. Chain Pvt. Ltd. Vs. 205, Rabindra Sarani, Room No. 149A, 4th Floor, Kolkata- 700007. (PAN:AAFCR6848H) (Appellant) (Respondent) Present for: Appellant by : Shri P. P. Barman, Addl. CIT, Sr. DR Respondent by : Shri Miraj D. Shah, Advocate Date of Hearing : 12.12.2023 Date of Pronouncement : 01.01.2024 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the revenue is aga…

M/S Saket Developers Pvt. Ltd., Kolkata vs. ITO, Ward-2(4), Kolkata

In the result, appeal of the assessee is partly allowed as per terms indicated above

ITA 683/KOL/2023[2012-13]Status: DisposedITAT Kolkata16 Oct 2023AY 2012-13

Bench: Shri Sanjay Garg, Hon’Ble & Dr. Manish Borad, Hon’Ble

For Appellant: Shri S. Jhajharia, A/RFor Respondent: Shri Abhijit Kundu, CIT, D/R

Section 143(1)Section 143(2)Section 144Section 234BSection 250Section 68

…| आयकर अपीलीय अिधकरण "यायपीठ, कोलकाता | IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, KOLKATA BEFORE SHRI SANJAY GARG, HON’BLE JUDICIAL MEMBER & DR. MANISH BORAD, HON’BLE ACCOUNTANT MEMBER I.T.A. No. 683/Kol/2023 Assessment Year: 2012-13 M/s. Saket Developers Private Ltd. Income Tax Officer, Ward- 2(4), C/o M/s. Salarpuria Jajodia & Co. Vs Kolkata 7, C.R. Avenue 3rd Floor Kolkata - 700072 [PAN: AAQCS4235E] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee by : Shri S. Jhajharia, A/R Revenue by : Shri Abhijit Kundu, CIT, D/R सुनवाई क" तारीख/Date of Hearing : 04/09/2023 घोषणा क" तारीख /Date of Pronouncement: 1…

ITO, WD.-4(1), Kolkata vs. M/S Moonview Conclave Pvt Ltd, Kolkata

In the result, appeal of the revenue is dismissed

ITA 34/KOL/2021[2012-13]Status: DisposedITAT Kolkata31 Aug 2023AY 2012-13

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Manoj Kataruka, AdvocateFor Respondent: Shri Subhendu Datta, CIT, DR

Section 131Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Income-tax Officer, Ward-4(1), Moonview Conclave Pvt. Ltd. Kolkata. Vs. 63, Radha Bazar Street, Dalhousie, Kolkata-700001. (PAN: AAHCM7818C) (Appellant) (Respondent) Present for: Appellant by : Shri Manoj Kataruka, Advocate Respondent by : Shri Subhendu Datta, CIT, DR Date of Hearing : 10.07.2023 Date of Pronouncement : 31.08.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the revenue is against the order of Ld. CIT(A)-7, K…

ITO, WD-9(1), Kolkata vs. M/S Trinetra Vincom Pvt Ltd, Kolkata

In the result, both the appeal of the revenue and Cross

ITA 37/KOL/2021[2009-10]Status: DisposedITAT Kolkata21 Aug 2023AY 2009-10

Bench: Shri Rajpal Yadav & Shri Girish Agrawalassessment Year: 2009-10

For Appellant: Shri Miraj D. Shah, AdvocateFor Respondent: Shri Abhijit Kundu, CIT, DR

Section 131Section 147Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2009-10 Income-tax Officer, Ward-9(1), Trinetra Vincom Pvt. Ltd., Kolkata. Vs. 69, Jamunalal Bajaj Street, Kolkata-700007. (PAN: AACCT9844N) (Appellant) (Respondent) & C.O. No. 5/Kol/2023 In ITA No.37/Kol/2021 Assessment Year: 2009-10 Trinetra Vincom Pvt. Ltd., Vs. Income-tax Officer, Ward- 9(1), Kolkata. (Cross Objector) (Respondent) Present for: Assessee by : Shri Miraj D. Shah, Advocate Department by : Shri Abhijit Kundu, CIT, DR Date of Hearing : 10.08.…

M/S. Moontree Niketan Pvt.Ltd., Kolkata vs. ITO, Ward4(1)., Kolkata

In the result, appeal of the assessee is allowed

ITA 186/KOL/2023[2012-13]Status: DisposedITAT Kolkata21 Jun 2023AY 2012-13

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2012-13 Moontree Niketan Pvt. Ltd. Income Tax Officer-4(1), 5, Clive Row, Dalhousie, Vs. Kolkata. Kolkata-700001. (Pan: Aahcm8056A) (Appellant) (Respondent)

For Appellant: Shri Manoj Kataruka, ARFor Respondent: Smt. Ranu Biswas, Addl. CIT, DR

Section 131Section 133(6)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B SMC” BENCH KOLKATA BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Moontree Niketan Pvt. Ltd. Income Tax Officer-4(1), 5, Clive Row, Dalhousie, Vs. Kolkata. Kolkata-700001. (PAN: AAHCM8056A) (Appellant) (Respondent) Present for: Appellant by : Shri Manoj Kataruka, AR Respondent by : Smt. Ranu Biswas, Addl. CIT, DR Date of Hearing : 20.04.2023 Date of Pronouncement : 21.06.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This captioned appeal filed by the assessee is against the order of Ld. CIT(A), National…

M/S Balaji Multiplex Pvt. Ltd., Kolkata vs. I.T.O., Ward-9(2), Kolkata

In the result, appeal of the assessee is allowed

ITA 155/KOL/2020[2012-13]Status: DisposedITAT Kolkata28 Feb 2023AY 2012-13

Bench: Shri Rajpal Yadav & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Miraj D. Shah, ARFor Respondent: Shri Vijay Kumar, Addl. CIT

Section 131Section 142(1)Section 143(2)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Balaji Multiplex Pvt. Ltd. Income Tax Officer, Ward-9(2) 157, Rabindra Sarani, Kolkata Vs Kolkata-700007. (PAN: AAECB5500H) (Appellant) (Respondent) Present for: Appellant by : Shri Miraj D. Shah, AR Respondent by : Shri Vijay Kumar, Addl. CIT Date of Hearing : 19.01.2023 Date of Pronouncement : 28.02.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the order of Ld. CIT(A)-16, Kolkata vide ITA No. 705…

Inspa Interior & Exterior Products Pvt. Ltd., Kolkata vs. ITO, Ward-7(2), Kolkata

In the result, appeal of the assessee is allowed

ITA 529/KOL/2020[2012-13]Status: DisposedITAT Kolkata23 Feb 2023AY 2012-13

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Miraj D. Shah, ARFor Respondent: Shri Vijay Kumar, Addl. CIT, DR

Section 131Section 133(6)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Inspa Interior & Exterior Income Tax Officer, Ward-7(2) Products Pvt. Ltd. Kolkata Diamond Prestige Building Unit: 409 41A, Acharya Vs. Jagdish Chandra Bose Road, 4th floor, Kolkata-700017. (PAN: AADCP4997K) (Appellant) (Respondent) Present for: Appellant by : Shri Miraj D. Shah, AR Respondent by : Shri Vijay Kumar, Addl. CIT, DR Date of Hearing : 09.02.2023 Date of Pronouncement : 23.02.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appe…

M/S. Ajit Vanijya Pvt. Ltd., Kolkata vs. ITO, Ward - 4(3), Kolkata

In the result, appeal of the assessee is allowed

ITA 2448/KOL/2017[2012-13]Status: DisposedITAT Kolkata23 Feb 2023AY 2012-13

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Sunil Surana, ARFor Respondent: Shri Subhrajyoti Bhattacharjee, CIT, DR

Section 131Section 133(6)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH KOLKATA BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 M/s. Ajit Vanijya Pvt. Ltd. Income Tax Officer, Ward-4(3) 14/2, Old China Bazar St., Kolkata 3rd Floor, R. No. 308, Vs. Kolkata-700001. (PAN: AAICA0359H) (Appellant) (Respondent) Present for: Appellant by : Shri Sunil Surana, AR Respondent by : Shri Subhrajyoti Bhattacharjee, CIT, DR Date of Hearing : 12.01.2023 Date of Pronouncement : 23.02.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the order o…

Psd Infra Projects Pvt. Ltd., Howrah vs. ITO, Ward-13(3), Kolkata

In the result, appeal of the assessee is allowed

ITA 458/KOL/2021[2012-13]Status: DisposedITAT Kolkata13 Jan 2023AY 2012-13

Bench: Shri Sonjoy Sarma & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Anil Kochar, AdvocateFor Respondent: Smt. Ranu Biswas, Addl. CIT, DR

Section 131Section 133(6)Section 143(3)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA BEFORE SHRI SONJOY SARMA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 PSD Infra Projects Pvt. Ltd. Income Tax Officer, Ward-13(3) Block-2, “Lemon Fresh”, 2nd Kolkata floor, 29/1, Kalabagan Vs. Lane, Howrah-711104, West Bengal. (PAN: AAGCP3406Q) (Appellant) (Respondent) Present for: Appellant by : Shri Anil Kochar, Advocate Respondent by : Smt. Ranu Biswas, Addl. CIT, DR Date of Hearing : 03.11.2022 Date of Pronouncement : 13.01.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the assessee is…

ITO, Ward-13(1), Kolkata vs. M/S Godwad Traders Pvt. Ltd, Howrah

In the result, appeal of the revenue is dismissed

ITA 589/KOL/2020[2012-13]Status: DisposedITAT Kolkata13 Jan 2023AY 2012-13

Bench: Shri Sonjoy Sarma & Shri Girish Agrawalassessment Year: 2012-13

For Appellant: Shri Anil Kochar, AdvocateFor Respondent: Smt. Ranu Biswas, Addl. CIT, DR

Section 131Section 144Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA BEFORE SHRI SONJOY SARMA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Assessment Year: 2012-13 Income Tax Officer, Ward- Godwad Traders Pvt. Ltd., 13(1), Kolkata 104/1, Ground Floor, Vs. Foreshore Road, Ramk- rishnapur- 711102, West Bengal. (PAN: AACCG5753H) (Appellant) (Respondent) Present for: Appellant by : Shri Anil Kochar, Advocate Respondent by : Smt. Ranu Biswas, Addl. CIT, DR Date of Hearing : 03.11.2022 Date of Pronouncement : 13.01.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This appeal filed by the revenue is against the…