PRINCIPAL COMMISSIONER OF INCOME TAX 5 KOLKATA vs. ADVANCE ENGINEERING CORPORATION

In the result, the appeal is allowed and the

Bench: : The Hon'Ble The Chief Justice T.S Sivagnanam -A N D- Hon'Ble Justice Chaitali Chatterjee (Das) Date : 9Th June, 2025.

Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 12.12.2023 passed by the Income Tax Appellate Tribunal “SMC” Bench, Kolkata (the Tribunal) in ITA/257/Kol/2023 for the assessment year 2011-12. The revenue has raised the following substantial questions of law for consideration : “a. Whether on the facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX 2 KOLKATA vs. M/S PURPLE SUPPLIERS PVT LTD

The appeals are dismissed and the substantial

Bench: THE HON'BLE THE CHIEF JUSTICE T.S SIVAGNANAM,HON'BLE JUSTICE CHAITALI CHATTERJEE (DAS)

section 260A of the Income Tax Act, 1961 (the Act) challenging the common order passed by the Income Tax Appellate Tribunal, “A” Bench, Kolkata (the Tribunal) in ITA 2 No.757/Kol/2022 to ITA No.759/Kol/2022 for the assessment years 2011-12, 2012-13 and 2013-14. Since the facts and circumstances in all the three appeals are identical and the correctness

PRINCIPAL COMMISSIONER OF INCOME TAX 2 KOLKATA vs. M/S PURPLE SUPPLIERS PVT LTD

The appeals are dismissed and the substantial

Bench: THE HON'BLE THE CHIEF JUSTICE T.S SIVAGNANAM,HON'BLE JUSTICE CHAITALI CHATTERJEE (DAS)

section 260A of the Income Tax Act, 1961 (the Act) challenging the common order passed by the Income Tax Appellate Tribunal, “A” Bench, Kolkata (the Tribunal) in ITA 2 No.757/Kol/2022 to ITA No.759/Kol/2022 for the assessment years 2011-12, 2012-13 and 2013-14. Since the facts and circumstances in all the three appeals are identical and the correctness

PRINCIPAL COMMISSIONER OF INCOME TAX 2 KOLKATA vs. M/S BOSCON LEATHER PRODUCTS PVT LTD

Accordingly, the appeal fails and is dismissed

Bench: : The Hon’Ble The Chief Justice T.S. Sivagnanam & The Hon’Ble Justice Chaitali Chatterjee (Das) Dated : 23Rd April, 2025

Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 7th November, 2023 passed by the Income Tax Appellate Tribunal, “C” Bench, Kolkata (Tribunal) in ITA No.822/Kol/2023 for the assessment year 2012-13. The revenue has raised the following substantial questions of law for consideration: “ i) Whether on the facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX 5 KOLKATA vs. ADVANCE ENGINEERING CORPORATION

Accordingly, the appeal filed by the revenue is allowed and the substantial

Bench: : The Hon’Ble Chief Justice T.S Sivagnanam

Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated December 12, 2023 passed by the Income Tax Appellate Tribunal, SMC Bench, Kolkata (the Tribunal) in ITA/258/Kol/2023 for the assessment year 2012-13. The revenue has raised the following substantial questions of law for consideration : “i) Whether on the facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX-1, KOLKATA vs. ARSHIA GLOBAL TRADECOM PRIVATE LIMITED

In the result, the appeal filed by the revenue is allowed

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 18.11.2020 passed by the Income Tax Appellate Tribunal “C” Bench, Kolkata, (Tribunal), in ITA No. 2042/Kol/2019 for the assessment year 2011-2012. 2. The revenue has raised the following substantial question of law for consideration: Whether on the facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX 1 KOLKATA vs. M/S ITC LTD

Bench: The Learned Tribunal – One By The Assessee & The Other By The Revenue Which Have Been Disposed Of By A Common Order, Impugned In This Appeal. 2. The Revenue Has Raised The Following Substantial Questions Of Law For Consideration :

260A of the Income Tax Act, 1961 (the Act) is directed against the order dated May 10, 2024 passed by the Income Tax Appellate Tribunal “C” Bench, Kolkata (the Tribunal) in ITA No.1068/Kol/2017 & 1222/Kol/2017, both relating to the Assessment Year 2010-11. Two appeals have been filed before the learned Tribunal – one by the assessee and the other

PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA vs. KARTICK BOSE

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE BIVAS PATTANAYAK

Section 260A of the Income Tax Act, 1961 (the ‘Act’ for brevity) is directed against the order dated 22nd January, 2020 passed by the Income Tax Appellate Tribunal, Kolkata, “A” Bench, Kolkata in ITA No.1027/Kol/2018 for the assessment years 2013-14. The revenue has raised the following substantial questions of law for consideration: i) Whether the Learned Tribunal committed substantial

PRINCIPAL COMMISSIONER OF INCOME TAX-9, KOLKATA vs. SANDIP KUMAR TEKRIWAL HUF

The appeals are dismissed

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Bivas Pattanayak Date : 13Th July, 2022 Appearance : Ms. Smita Das De, Adv. ...For The Appellant In Item No.23. Mr. Prithu Dudharia, Adv …For The Appellant In Item No.22. Mr. S. Roy Chowdhury, Adv. …For The Appellant In Item No.24. Ms. Swapna Das, Mr. Siddhartha Das, Advs. ….For Respondents. The Court : This Appeal By The Revenue Filed Under Section 260A Of The Income Tax Act, 1961 [The Act, For Brevity] Is Directed Against The Common Order Passed By The Income Tax Appellate Tribunal, “B” Bench, Kolkata In Ita No.1135/Kol/2018 For The Assessment Year 2010-11. The Revenue Has Raised The Following Substantial Question Of Law For Consideration. I) Whether On The Facts & In The Circumstances Of The Case, The Ld. Itat Is Right In Law To Ignore The Fact That Purchase Are Bogus As Per The Finding Of Investigation Wring Of The Department & The Assessing Authority ?

section 260A of the Income Tax Act, 1961 [the Act, for brevity] is directed against the common order passed by the Income Tax Appellate Tribunal, “B” Bench, Kolkata in ITA No.1135/Kol/2018 for the assessment year 2010-11. The revenue has raised the following substantial question of law for consideration. i) Whether on the facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX 2 KOLKATA vs. M/S ZULU MERCHANDISE PVT LTD

The appeal is allowed the order passed by

Bench: THE HON'BLE THE CHIEF JUSTICE T.S SIVAGNANAM,HON'BLE JUSTICE CHAITALI CHATTERJEE (DAS)

260A of the Income Tax Act, 1961 (the Act) is directed against the order dated September 23, 2024 passed by the Income Tax Appellate Tribunal “A” Bench, Kolkata (tribunal) in ITA No. 553/Kol/2024 for the assessment year 2014-2015. The revenue has raised the following substantial questions of law for consideration:- (a) Whether in facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX 1 KOLKATA vs. R C SUPPLIERS PVT LTD

Accordingly, the appeal fails and is dismissed

Bench: :

Section 260A of the Income Tax Act, 1961 (the Act) challenging the order dated 29.11.2023 passed by the Income Tax Appellate Tribunal “B” Bench, Kolkata (Tribunal) in ITA No. 64/Kol/2023 for the assessment year 2014-15. The revenue has raised the following substantial questions of law for consideration : a) Whether the Learned Tribunal has committed substantial error

PRINCIPAL COMMISSIONER OF INCOME TAX-9, KOLKATA vs. BINOD KUMAR TEKRIWAL HUF

The appeals are dismissed

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Bivas Pattanayak Date : 13Th July, 2022 Appearance : Ms. Smita Das De, Adv. ...For The Appellant In Item No.23. Mr. Prithu Dudharia, Adv …For The Appellant In Item No.22. Mr. S. Roy Chowdhury, Adv. …For The Appellant In Item No.24. Ms. Swapna Das, Mr. Siddhartha Das, Advs. ….For Respondents. The Court : This Appeal By The Revenue Filed Under Section 260A Of The Income Tax Act, 1961 [The Act, For Brevity] Is Directed Against The Common Order Passed By The Income Tax Appellate Tribunal, “B” Bench, Kolkata In Ita No.1134/Kol/2018 For The Assessment Year 2010-11. The Revenue Has Raised The Following Substantial Question Of Law For Consideration. I) Whether The Income Tax Appellate Tribunal Erred In Law In Not Upholding The Order Of Principal Commissioner Of Income Tax Under Section 263 Of The Income Tax Act, 1961 As Much As The Assessing Officer Completed An

260A of the Income Tax Act, 1961 [the Act, for brevity] is directed against the common order passed by the Income Tax Appellate Tribunal, “B” Bench, Kolkata in ITA No.1134/Kol/2018 for the assessment year 2010-11. The revenue has raised the following substantial question of law for consideration. i) Whether the Income Tax Appellate Tribunal erred

PRINCIPAL COMMISSIONER OF INCOME TAX 5 KOLKATA vs. SHRI SAWANKUMAR T JAJOO

Accordingly, the appeal fails and dismissed

Bench: THE HON'BLE THE CHIEF JUSTICE T.S SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

bogus Long Term Capital Gain from sale of penny stocks and also covered by exceptions laid in respect of Para 3.1(h) of CBDT’S Circular No. 5 of 2024 dated March 15, 2024? 3 3. We have heard Mr. Soumen Bhattacharjee, learned Standing Counsel for the appellant and Ms. Aratrika Roy, learned senior Advocate appearing for respondent/assessee. There

PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL 2 KOLKATA vs. M/S BRIDGE AND BUILDING CONSTRUCTION CO PVT LTD

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Hiranmay Bhattacharyya Dated : November 28, 2022. Appearance: Mr. Prithu Dudhoria, Adv. …For Appellant The Court :- We Have Heard Learned Standing Counsel For The Appellant Mr. Prithu Dudhoria. Notice On The Respondent Has Been Served & The Same Has Been Returned With The Postal Endorsement “Unclaimed” Which Is Deemed To Be Proper Service. We Have Perused Affidavit Filed In Support Of The Petition & Found Sufficient Cause Has Been Shown For Not Being Able To Prefer The Appeal Within The Period Of Limitation. Hence, The Delay In Filing The Appeal Is Condoned. The Petition Stands Allowed. This Appeal Has Been Filed Under Section 260A Of The Income Tax Act, 1961 (The Act For Brevity) Is Directed Against The Order Dated December 23, 2021 Passed

Section 260A of the Income Tax Act, 1961 (the Act for brevity) is directed against the order dated December 23, 2021 passed 2 by the Income Tax Appellate Tribunal “B” Bench Kolkata in I.T.A. Nos. 374 & 533/Kol/2018 relating to the Assessment Year 2012-2013. The revenue has raised the following substantial questions of law for consideration: i) WHETHER

PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL 2 KOLKATA vs. M/S BRIDGE AND BUILDING CONSTRUCTION CO PVT LTD

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Hiranmay Bhattacharyya Dated : November 28, 2022. Appearance: Mr. Om Narayan Rai, Adv. Mr. Prithu Dudhoria, Adv. …For Appellant The Court :- We Have Heard Learned Standing Counsel For The Appellant Mr. Prithu Dudhoria & Mr. Om Narayan Rai. Notice On The Respondent Has Been Served & The Same Has Returned With The Postal Endorsement “Unclaimed” Which Is Deemed To Be Proper Service. We Have Perused Affidavit Filed In Support Of The Petition & Found Sufficient Cause Has Been Shown For Not Being Able To Prefer The Appeal Within The Period Of Limitation. Hence, The Delay In Filing The Appeal Is Condoned. The Petition Stands Allowed.

Section 260A of the Income Tax Act, 1961 (the Act for brevity) is directed against the order dated December 23, 2021 passed by the Income Tax Appellate Tribunal “B” Bench Kolkata in I.T.A. Nos. 375 & 534/Kol/2018 relating to the Assessment Year 2014-2015. The revenue has raised the following substantial questions of law for consideration: i) WHETHER on the facts

PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL 2 KOLKATA vs. M/S JAJODIA FINANCE LIMITED

Accordingly, the appeal filed by the revenue is allowed

Bench: : The Hon’Ble Chief Justice T.S Sivagnanam

260A of the Income Tax Act, 1961 (the Act) is directed against the order dated February 29, 2024 passed by the Income Tax Appellate Tribunal, A- Bench, Kolkata (the Tribunal) in ITA/614/Kol/2023 for the assessment year 2014-15. 2 The revenue has raised the following substantial questions of law for consideration : “i. Whether in the facts and in the circumstances

PRINCIPAL COMMISSIONER OF INCOME TAX-9, KOLKATA vs. SHRI AJAY KUMAR SHAW

Bench: : The Hon’Ble Justice T.S. Sivagnanam

260A of the Income Tax Act, 1961 (the Act, for brevity) is directed against the order dated 26th June, 2019 passed by the Income Tax Appellate Tribunal, Kolkata Bench ‘SMC’ Kolkata in ITA No. 2685/Kol/2018 for the assessment year 2014-15. The revenue has raised the following substantial questions of law for consideration: A. Whether the Learned Tribunal has committed

PRINCIPAL COMMISSIONER OF INCOME TAX, KOLKATA - 4 vs. M/S STANDARD LEATHER PVT LTD

In the result, the appeal is dismissed and the substantial questions of

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE ANANDA KUMAR MUKHERJEE

260A of the Income Tax Act, 1961 (the Act, in brevity) is directed against the order dated 07.09.2016 passed by the Income Tax Appellate Tribunal, ‘C’ Bench, Kolkata (the Tribunal) in ITA No.2620/Kol/2013 for the assessment year 2010/11. The Revenue has raised the following substantial questions of law for consideration: 2 (a) Whether on the facts and in the circumstances