DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

GOPAL & SONS HUF,KOLKATA vs. I.T.O., WARD - 32(1), KOLKATA, KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED, PATNA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

DCIT, CENTRAL CIRCLE- 4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the Revenue is dismissed

delay in filing one appeal was condoned. The issues involved common to related companies were decided together. Primarily, the appeals dealt with additions made by the Assessing Officer (AO) regarding unexplained cash transactions, alleged suppressed sales, bogus purchases

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED , PATNA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED, PATNA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and\nissues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED, KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and\nissues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

BALMUKUND SPONGE & IRON PVT. LTD.,,PATNA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

BALMUKUND CEMENT & ROOFINGS PVT. LTD.,,KOLKATA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

BALMUKUND SPONGE & IRON PVT. LTD.,,PATNA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

DCIT CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND LEASE FIN PRIVATE LIMITED, PATNA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

BALMUKUND SPONGE & IRON PVT. LTD.,,PATNA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

BALMUKUND SPONGE & IRON PVT. LTD.,,PATNA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

condone the delay and admit the appeal for hearing.\n3. Since these appeals relate to the related companies and issues\ninvolved are mostly common, therefore these are being decided by this\ncommon order for the sake of convenience and brevity. First of all, we\nshall take 1395/KOL/2025 (assessee's appeal) A.Y. 2015-16 in case of\nBalmukund Sponge and Iron

M/S. SHAKAMBHARI ISPAT & POWER LTD.,KOLKATA vs. DCIT, CC - 3(3),, KOLKATA

bogus. Thus the addition made on the basis of said\nreport by the AO is wrong and can not be sustained. Therefore the order\nof Id CIT(A) directing the AO to apply a GP rate of 8.01% on the so called\nbogus purchases is set aside and we direct the Assessing Officer to\ndelete the addition. The grounds

DEPUTY COMMISSIONER OF INCOME TAX, KOLKATA vs. SHAKAMBHARI ISPAT & POWER LIMITED, KOLKATA

bogus. Thus the addition made on the basis of said\nreport by the AO is wrong and can not be sustained. Therefore the order\nof Id CIT(A) directing the AO to apply a GP rate of 8.01% on the so called\nbogus purchases is set aside and we direct the Assessing Officer to\ndelete the addition. The grounds

DEPUTY COMMISSIONER OF INCOME TAX, KOLKATA vs. SHAKAMBHARI ISPAT & POWER LIMITED, KOLKATA

bogus. Thus the addition made on the basis of said\nreport by the AO is wrong and can not be sustained. Therefore the order\nof Id CIT(A) directing the AO to apply a GP rate of 8.01% on the so called\nbogus purchases is set aside and we direct the Assessing Officer to\ndelete the addition. The grounds