PCIT v. One Point Commercial (P.) Ltd.

161 Taxmann.com 737High Court2024#16880 most cited
5

judgments rely on this decision, according to BharatTax’s citation analysis of 341,001 Indian tax judgments — from 2024 to 2025.

Sections most often in play

Section 131Section 133(6)Section 250Section 68Section 142(1)Section 143(2)Section 143(3)Section 144
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Issues it is cited on

closely held companysummons under section 131creditworthiness of the creditorshare application moneysection 133genuineness of the transactionsection 133(6)section 131section 68section 13previous yearsection 143

Judgments citing PCIT v. One Point Commercial (P.) Ltd.

M/S. Stupendors Traders Pvt. Ltd., Kolkata vs. DCIT, Cir-5(1)., Kolkata

Appeal is partly allowed for statistical purposes, having been remanded back to the file of Ld

ITA 326/KOL/2023[2012-13]Status: DisposedITAT Kolkata13 Oct 2025AY 2012-13

Bench: The Ld. Cit(A) Also The Assessee Could Not Succeed & The 2 M/S Stupendors Traders Pvt. Ltd. Following Findings Of Ld. Cit(A) Would Summarize His Stand:

Section 131Section 250Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, KOLKATA SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No. 326/Kol/2023 (Assessment Year 2012-2013) M/s Stupendors Traders Private Limited, 25, Strand Road, Room No. 613, Marshall House, Dalhousie, Kolkata - 700001 ……..…...…………….... Appellant [PAN: AADCS7524F] vs. DCIT, Circle-5(1), Kolkata, Ayakar Bhawan, P-7, Chowringhee Square, Kolkata - 700069 ……..…...…………….... Respondent Appearances by: Assessee represented by : Siddharth Agarwal, Advocate Department represented by : P.N. Barnwal, CIT-DR Date of concluding the hearing : 2…

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.…

PCIT v. One Point Commercial (P.) Ltd. (161 Taxmann.com 737) — Cited in 5 Judgments | BharatTax