BMC ELECTROPLAST PRIVATE LIMITED,KOLKATA vs. A.C.I.T., CIRCLE - 2(1),, KOLKATA
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 1871/KOL/2025[2017-2018]Status: DisposedITAT Kolkata10 Dec 2025AY 2017-2018
Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyassessment Year: 2017-18 Bmc Electroplast Pvt. Ltd…..……..………………….……….……….……Appellant 130/22, Bakrahat Road, B S Industrial Estate, Hanspukur, South 24 Parganas, Kol – 700104. [Pan: Aabcb0407E] Vs. Acit, Circle-2(1), Kolkata…………...…………………….....……...…..…..Respondent Appearances By: Rip Das, Ca, Appeared On Behalf Of The Appellant. Ruchika Sharma, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : December 04, 2025 Date Of Pronouncing The Order : December 10, 2025 Order Per Pradip Kumar Choubey: This Appeal Filed By The Assessee Is Directed Against The Order Dated 31.12.2024 Of The Cit(Appeal), Addl/Jcit(A), Agra (Hereinafter Referred To As The “Cit(A)”) Passed U/S 250 Of The Income-Tax Act, 1961 (Hereinafter Referred To As “The Act”) For The Assessment Year 2017–18. 2. Brief Facts Of The Case Are That In This Case, The Assessee Filed Its Return Of Income For A.Y 2017-18 On 04/11/2017 Declaring A Total Loss Of Rs. 1,60,82,362/-. The Case Was Selected For Scrutiny Through Computer Assisted Scrutiny Selection (Cass). The Assessing Officer Completed The Assessment Under Section 143(3) Of The Act Determining The Total Loss At Rs. 65,20,241/- After Making Certain Disallowances As Follows: Bmc Electroplast Pvt. Ltd A) Disallowance Of Excess Claim Of Deduction U/S 35(2Ab) Amounting To Rs. 56,73,734/-
Section 143(3)Section 250Section 35Section 36(1)(va)Section 40
section 143(3) of the Act determining the total loss at Rs. 65,20,241/- after making certain disallowances as follows:
BMC Electroplast Pvt. Ltd a) Disallowance of excess claim of deduction u/s 35(2AB) amounting to Rs. 56,73,734/-
b) Disallowance u/s 40(a)(ia) amounting to Rs. 33,44,625/- for non-deduction of TDS
