PRINCIPAL COMMISSIONER OF INCOME TAX , KOL -3,KOL vs. M/S. WEST BENGAL ESSENCIAL COMMODITIES SUPPLY CORP.LTD,KOL

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

reassessment proceedings initiated under Section 147 of the Income Tax Act, 1961 to be illegal and consequently cancelled the order passed under Section 147 of the Income tax Act ? ii) Whether on the facts and in the circumstances of the case the learned Income Tax Appellate Tribunal, “B” Bench, Kolkata erred in law in holding that this is a case

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

reassessment having been done on new facts does not amount to change of opinion. Further it was pointed out that the assessing officer while finalising the scrutiny assessment did not have any knowledge of the assessee having transaction with various paper companies. The CIT(A) placed reliance on the decision in Avirat Star Homes Venture Private Limited 4

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)

139 taxmann.com 352 (Calcutta)/(2022) 116 ITR 56 (Calcutta)?” 4. We have heard Mr. Prithu Dudhoria, learned standing counsel appearing for the appellant/department and Mr. J. P. Khaitan, learned senior counsel for the respondent/assessee. 5. The assessee filed these appeals before the learned Tribunal for all the three assessment years challenging the order passed by the Commissioner of Income

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)

139 taxmann.com 352 (Calcutta)/(2022) 116 ITR 56 (Calcutta)?” 4. We have heard Mr. Prithu Dudhoria, learned standing counsel appearing for the appellant/department and Mr. J. P. Khaitan, learned senior counsel for the respondent/assessee. 5. The assessee filed these appeals before the learned Tribunal for all the three assessment years challenging the order passed by the Commissioner of Income