DCIT, KOLKATA vs. RAVI KUMAR NEWATIA, KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyassessment Year: 2011-12 Dcit, Kolkata ……………………………………….…………….…….……Appellant Vs. Ravi Kumar Newatia…..…………………………...………...……...…..…..Respondent 29/13, Doveland Court Ballygunge Park, Kol- 19. [Pan: Abqpn6532P] Appearances By: Shri S. B. Chakraborthy, Sr. Dr, Appeared On Behalf Of The Appellant. Shri Miraj D. Shah, Ar, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : October 08, 2025 Date Of Pronouncing The Order : October 28, 2025 Order Per Pradip Kumar Choubey: This Appeal Filed By The Revenue Is Directed Against The Order Dated 14.08.24 Of The Cit(A)-21, Kolkata [‘Cit(A)’] Passed Under Section 250 Of The Income-Tax Act, 1961 (Hereinafter Referred To As “The Act”) For The Assessment Year 2011–12. The Appeal Has Been Filed By The Revenue With A Delay Of 76 Days. 2. The Revenue Has Filed A Petition For Condonation Of The Delay. After Considering The Reasons Cited In The Petition For Condonation Of Delay, We Find That The Reasons Are Valid & Consequently, The Delay In Filing The Appeal Is Hereby Condoned & We Proceed To Dispose Of The Appeal On Merits. Ravi Kumar Newatia

block assessment proceedings for the assessment year 2012-13 to 2017-18, the same facts were presented before the ACIT, Central Circle 3(4), Kolkata where the commission was disclosed to the tune of 10% of TDS