ITO v. Blessings Commercial (P.) Ltd.

91 Taxmann.com 176Reported decision2018#14500 most cited

judgments rely on this decision, according to BharatTax’s citation analysis of 341,001 Indian tax judgments — from 2019 to 2025.

Sections most often in play

Section 131 Section 133(6)Section 143(3)Section 144 Section 250 Section 68

Issues it is cited on

closely held company creditworthiness of the creditor share application money section 133 genuineness of the transaction section 133(6)section 131 section 68 section 13 transfer section 143 person

Judgments citing ITO v. Blessings Commercial (P.) Ltd.

Moonlink Marketing Pvt. Ltd., Kolkata vs. ITO, Ward-7(1), Kolkata

In the result, the appeal of the assessee is dismissed

ITA 215/KOL/2024[2012-13]Status: DisposedITAT Kolkata22 May 2025AY 2012-13

Bench: SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

Section 131Section 133(6)Section 144Section 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No. 215/Kol/2024 Assessment Year: 2012-13 Moonlink Marketing Private Limited C/o Jain Vinod K & Associates 41A, A.J.C Bose Road, Suite No. 613, 6th Floor, Kolkata - 700017 [PAN: AAGCM4925P] .....................…...……………....Appellant vs. Income Tax Officer, Ward-7(1), Kolkata Aayakar Bhavan, P-7, Chowringhee Square, Kolkata - 700001 ...............…..….................... Respondent Appearances by: Assessee represented by : Vinod Kumar Jain, AR Department represented by : Pr…

M/S. Bhikshu Polymers Pvt. Ltd. (Earlier Known As M/S. Jeevan Commotrade Pvt. Ltd.), Kolkata vs. I.T.O., Ward - 6(2), Kolkata

In the result, the appeal of the assessee is dismissed

ITA 1538/KOL/2024[2009-2010]Status: DisposedITAT Kolkata23 Dec 2024AY 2009-2010

Bench: SHRI SANJAY GARG, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

Section 143(3)Section 250Section 263Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA SHRI SANJAY GARG, JUDICIAL MEMBER SHRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No. 1538/Kol/2024 Assessment Year: 2009-10 M/s Bhikshu Polymers Pvt. Ltd. (Earlier known as M/s Jeevan Commotrade Pvt. Ltd.) 1st Floor, 4 Fairlie Place, Kolkata - 700001 [PAN: AACCJ0069K] .....................…...……………....Appellant vs. Income Tax Officer, Ward-6(2), Kolkata Aayakar Bhavan, P-7, Chowringhee Square, Kolkata - 700069 ...............…..….................... Respondent Appearances by: Assessee represented by : Sunil Surana, AR Department represented by : A. Kundu,…

Silverlake Traders Pvt. Ltd., Kolkata vs. ITO, Ward-5(1), Kolkata

In the result, the appeal filed by the assessee is partly allowed

ITA 379/KOL/2024[2009-10]Status: DisposedITAT Kolkata23 Sept 2024AY 2009-10

Bench: Sri Rajpal Yadav, Vice- & Sri Sanjay Awasthi

Section 14ASection 263Section 68

…आयकर अपीलीय अधिकरण कोलकाता 'ए' पीठ, कोलकाता में IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA ‘A’ BENCH, KOLKATA श्री राजपाल यादव, उपाध्यक्ष (कोलकाता क्षेत्र) एवं श्री संजय अवस्थी, लेखा सदस्य के समक्ष Before SRI RAJPAL YADAV, VICE-PRESIDENT & SRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No.: 379/KOL/2024 Assessment Year: 2009-10 Silverlake Traders Pvt. Ltd……….............................................Appellant [PAN: AAMCS 3292 F] Vs. ITO, Ward-5(1), Kolkata…………………………………………………Respondent Appearances: Assessee represented by: None. Department represented by: Subhendu Datta, CIT DR. Date of concluding the hearing :…

Elegant Dealmark Pvt. Ltd., Kolkata vs. ITO, Ward-5(3), Kolkata

In the result, the appeal filed by the assessee is partly allowed, with Ground No

ITA 51/KOL/2024[2012-13]Status: DisposedITAT Kolkata21 Aug 2024AY 2012-13

Bench: Sri Rajpal Yadav, Vice- & Sri Sanjay Awasthi

Section 131Section 14ASection 68

…आयकर अपीलीय अधिकरण कोलकाता 'ए' पीठ, कोलकाता में IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA ‘A’ BENCH, KOLKATA श्री राजपाल यादव, उपाध्यक्ष (कोलकाता क्षेत्र) एवं श्री संजय अवस्थी, लेखा सदस्य के समक्ष Before SRI RAJPAL YADAV, VICE-PRESIDENT & SRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No.: 51/KOL/2024 Assessment Year: 2012-13 Elegant Dealmark Pvt. Ltd......................................................Appellant [PAN: AACCE 7972 Q] Vs. ITO, Ward-5(3), Kolkata........................................................Respondent Appearances: Assessee represented by: None. Department represented by: B.K. Singh, Addl.…

M/S. Govind Stone Private Limited, Hamirpur vs. Income Tax Officer -5(4), Banda

ITA 258/ALLD/2018[2013-14]Status: DisposedITAT Allahabad19 Dec 2022AY 2013-14

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

For Appellant: Shri. R. S. Agrawal, Adv. &VinayGoel, C.AFor Respondent: Shri A.K. Singh Sr.D.R

Section 143Section 143(2)Section 143(3)Section 56Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, ALLAHABAD BENCH, ALLAHABAD BEFORE SHRIVIJAY PAL RAO, JUDICIAL MEMBER AND SHRI RAMIT KOCHAR, ACCOUNTANT MEMBER ITA No.258/Alld./2018 Assessment Year: 2013-14 M/s. Govind Stone Pvt. Ltd., Income Tax Officer 5(4), 43, 1st Floor, v. Banda, U.P. MohallaMishrana Hamirpur, Distt- Hamirpur, U.P. 210301. PAN:AADCG4838L (Appellant) (Respondent) Appellant by: Shri. R. S. Agrawal, Adv. &VinayGoel, C.A. Respondent by: Shri A.K. Singh Sr.D.R. Date of hearing: 15.11. 2022 Date of pronouncement: 19.12.2022 O R D E R PER SHRI RAMIT KOCHAR, ACCOUNTANT MEMBER: This appeal, filed by assess…

Joint CIT (OSD) CC 7(4), Mumbai vs. M/S Shalimar Housing & Finance Ltd., Mumbai

ITA 4079/MUM/2019[2013-14]Status: DisposedITAT Mumbai01 Jun 2021AY 2013-14

Section 133(6)Section 68

…THE INCOME TAX APPELLATE TRIBUNAL “G” Bench, Mumbai Shri Shamim Yahya (AM) & Shri Pavankumar Gadale (JM) I.T.A. No. 4079/Mum/2019 (Assessment Year 2013-14) Vs. M/s. Shalimar Housing & JCIT(OSD)-CC-7(4) Room No. 659 Finance Ltd. Aayakar Bhavan 505, Shalimar Morya Park M.K. Road Andheri West Mumbai-400 020. Mumbai-400 053. PAN : AAACS6732N (Appellant) (Respondent) Assessee by Shri Vijay Mehta Department by Shri Rajesh Kumar Date of Hearing 16.03.2021 Date of Pronouncement 01.06.2021 O R D E R Per Shamim Yahya (AM) :- This appeal by the Revenue is directed against the order of learned CIT(A) dated 22.3.2019 an…

ITO, Ward-10(4), Kolkata vs. M/S Topaz Enclave Pvt.Ltd., Kolkata

In the result, the appeal of the revenue is dismissed

ITA 2271/KOL/2016[2012-13]Status: DisposedITAT Kolkata20 Feb 2019AY 2012-13

Bench: Sri J. Sudhakar Reddy & Sri S.S. Viswanethra Ravii.T.A. No. 2271/Kol/2016 Assessment Year: 2012-13 Ito, Ward-10(4), Kolkata.................................………....………………...…………………….….Appellant

Section 143(3)Section 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, KOLKATA Before Sri J. Sudhakar Reddy, Accountant Member & Sri S.S. Viswanethra Ravi, Judicial Member I.T.A. No. 2271/Kol/2016 Assessment Year: 2012-13 ITO, Ward-10(4), Kolkata.................................………....………………...…………………….….Appellant M/s Topaz Enclave Pvt. Ltd.………............................................................…....….…………..…...Respondent [PAN :AADCT 2210 P] Appearances by: Shri Robin Choudhury, Addl. CIT, Sr. DR, appearing on behalf of the appellant. Shri Manish Tiwari, AR, appearing on behalf of the Respondent. Date of concluding the he…