ACIT, CENTRAL CIRCLE - 2(3), KOLKATA , KOLKATA vs. SHRI MURARILAL AGARWAL, KOLKATA

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

purchases and sales are correctly recorded and the disclosure was made just to cover the papers and documents which he may not be able to explain. The assessee bifurcated his own disclosure of Rs.3.50 lakhs in respect to two parts, i.e. Rs.70,00,000 for the assessment year 2008-09 and Rs.2.80 lakhs for the assessment year

ACIT, CENTRAL CIRCLE-2(3), KOLKATA, KOLKATA vs. SHRI SANJAY DHINGRA, NEW DELHI

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

purchases and sales are correctly recorded and the disclosure was made just to cover the papers and documents which he may not be able to explain. The assessee bifurcated his own disclosure of Rs.3.50 lakhs in respect to two parts, i.e. Rs.70,00,000 for the assessment year 2008-09 and Rs.2.80 lakhs for the assessment year

ACIT, CENTRAL CIRCLE - 2(3), KOLKATA , KOLKATA vs. KAMALESH AGARWAL, KOLKATA

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

purchases and sales are correctly recorded and the disclosure was made just to cover the papers and documents which he may not be able to explain. The assessee bifurcated his own disclosure of Rs.3.50 lakhs in respect to two parts, i.e. Rs.70,00,000 for the assessment year 2008-09 and Rs.2.80 lakhs for the assessment year

ACIT, CENTRAL CIRCLE - 2(3), KOLKATA , KOLKATA vs. DILIP KUMAR MODI, KOLKATA

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

purchases and sales are correctly recorded and the disclosure was made just to cover the papers and documents which he may not be able to explain. The assessee bifurcated his own disclosure of Rs.3.50 lakhs in respect to two parts, i.e. Rs.70,00,000 for the assessment year 2008-09 and Rs.2.80 lakhs for the assessment year

ACIT, CENTRAL CIRCLE-2(3), KOLKATA, KOLKATA vs. SHRI SIDHANT GUPTA, NEW DELHI

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

purchases and sales are correctly recorded and the disclosure was made just to cover the papers and documents which he may not be able to explain. The assessee bifurcated his own disclosure of Rs.3.50 lakhs in respect to two parts, i.e. Rs.70,00,000 for the assessment year 2008-09 and Rs.2.80 lakhs for the assessment year

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

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

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

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

1) that the Assessing Officer should also be satisfied that such valuable article or books of account or documents belonging to the other person must be shown to show to conclusively reflect or disclose any undisclosed income. 16. It will be appreciated from the above that the procedure envisaged by Section 153C which is applicable to the petitioner herein, does

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

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

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

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

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