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

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

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

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

D.C.I.T., CC - 3(1),, KOLKATA vs. SHAKAMBHARI ISPAT & POWER LIMITED, KOLKATA

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

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

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

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

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 3(1),, KOLKATA vs. SHAKAMBHARI ISPAT & POWER LIMITED, KOLKATA

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

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

Appeals of the assessee are partly allowed and\nappeals of the revenue are dismissed

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

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

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

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

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 3.1, KOLKATA vs. SHAKAMBHARI ISPAT & POWER LIMITED, KOLKATA

153C has been discontinued and new scheme has been put in\nplace which required the AO to re-open certain numbers of assessment\nyears. The Id DR submitted the provisions of Section 148 of the Act after\nsearch are analogous to the provisions to the provision of Section 153A of\nthe Act which was prevalent and applicable till now where

NEZONE TUBES LIMITED,KOLKATA vs. DCIT, CIRCLE 1(1), KOLKATA

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

Bench: Shri George Mathan & Shri Rakesh Mishra

purchase order received by the assessee regarding the alleged sale. The ledger of M/s. Ambika Ispat Udyog is on page 69 of the paper book which contains details, but nothing is mentioned about the details of sales made. Before the Ld. CIT(A)/Ld. AO, the details of transportation could not be furnished. Our attention was also drawn

NEZONE TUBES LIMITED,KOLKATA vs. DCIT, CIRCLE 1(1), KOLKATA

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

Bench: Shri George Mathan & Shri Rakesh Mishra

purchase order received by the assessee regarding the alleged sale. The ledger of M/s. Ambika Ispat Udyog is on page 69 of the paper book which contains details, but nothing is mentioned about the details of sales made. Before the Ld. CIT(A)/Ld. AO, the details of transportation could not be furnished. Our attention was also drawn

SHRI JYOTI MOHAN MALL,KOLKATA vs. CIT, KOL - XV, KOLKATA, KOLKATA

In the result, assessee’s appeal stands allowed

Bench: Shri Waseem Ahmed & Shri K.Narsimha Charyassessment Year:2003-04

Section 153C for the am years 2003-04 to 2006-07 and 20008-09. He has made the addition of Rs.86 crores only in the assessment year 2007-08 against which an appeal has already been filed, as stated by the ld. senior standing counsel. This also finds mention in para VI of the counter affidavit filed by the respondent

URVASHI SAREES PVT. LTD.,KOLKATA vs. D.C.I.T., CIRCLE - 11(1), , KOLKATA

In the result, the appeal filed by the assessee is allowed and the appeal of Revenue is dismissed

Bench: ITAT, Kolkata were collected and prepared | | 18.01.2025 | 2nd Appeal was filed |

bogus purchases. 2.4 Aggrieved with the assessment order the assessee filed an appeal before the Ld. CIT(A) where he could get partial relief. Further aggrieved with the order of the Ld. CIT(A) both the assessee and Revenue have filed the appeals before this Tribunal. 3. Rival contentions were heard and the submissions made have been examined

PRAMOD LAKRA DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-11(1), KOLKATA, KOLKATA vs. URVASHI SAREES PVT. LTD, KOLKATA

In the result, the appeal filed by the assessee is allowed and the appeal of Revenue is dismissed

Bench: ITAT, Kolkata were collected and prepared | | 18.01.2025 | 2nd Appeal was filed |

bogus purchases. 2.4 Aggrieved with the assessment order the assessee filed an appeal before the Ld. CIT(A) where he could get partial relief. Further aggrieved with the order of the Ld. CIT(A) both the assessee and Revenue have filed the appeals before this Tribunal. 3. Rival contentions were heard and the submissions made have been examined

DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE)- 3(1), KOLKATA, KOLKATA vs. AUXINITE SUPPLIERS PRIVATE LIMITED, KOLKATA

In the result, the appeal of the Revenue is dismissed and CO of the assessee is allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm Dy. Commissioner Of Income Auxinite Suppliers Private Tax (Cc)-3(1) Limited 4Th Floor, Aaykar Bhawan 44/2A Jain Tower, Hazra Road, Vs. Poorva, 110 Shantipally, Kolkata- Kolkata-700019, West Bengal 700017, West Bengal (Appellant) (Respondent) Pan No. Aaecb3974H Co No. 11/Kol/2025 (Arising In Ita No. 139/Kol/2025 For A.Y. 2019-20) Dy. Commissioner Of Income Auxinite Suppliers Private Tax (Cc)-3(1) Limited 4Th Floor, Aaykar Bhawan 44/2A Jain Tower, Hazra Road, Vs. Poorva, 110 Shantipally, Kolkata- Kolkata-700019, West Bengal 700017, West Bengal (Appellant) (Respondent) Assessee By : S/Shri Rajeeva Kumar & Giridhar Dhelia, Ars Revenue By : Shri V. Vidhyadhar, Dr Date Of Hearing: 11.02.2026 Date Of Pronouncement: 02.04.2026

153C of the Act dated 27.12.2022. 5. In the appellate proceedings, the ld. CIT (A) deleted the addition made by the ld. AO after taking into consideration the reply and contentions of the assessee by observing and holding as under:- “This ground agitates against the action of the Ld. AO in making addition of sale proceeds of shares amounting

TIRUPATI INFRAPROMOTERS PVT. LTD.,KOLKATA vs. A.C.I.T., CC-1(3), KOLKATA

In the result, all the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Pradip Kumar Choubey& Shri Sanjay Awasthi]

Section 153A of the Act was initiated. In view of the notice u/s 153C return of income for AY 2015-16 was filed disclosing the total income at Rs. 2170/-. A notice u/s 143(2) and 142(1) of the Act were also issued. During the course of assessment, the assessee company submitted a ledger of purchase and sale

TIRUPATI INFRAPROMOTERS PVT. LTD.,KOLKATA vs. A.C.I.T., CC - 1(3), KOLKATA

In the result, all the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Pradip Kumar Choubey& Shri Sanjay Awasthi]

Section 153A of the Act was initiated. In view of the notice u/s 153C return of income for AY 2015-16 was filed disclosing the total income at Rs. 2170/-. A notice u/s 143(2) and 142(1) of the Act were also issued. During the course of assessment, the assessee company submitted a ledger of purchase and sale