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

bogus Purchases. 28.1. The issue raised in ground no.1 of this appeal of Revenue is similar to one as decided by us in ground no. 2 of ITA No. 1595/KOL/2025 for A.Y. 2015-16 (supra). Accordingly, our decision would, mutatis mutandis, apply to ground no.1 of this appeal. Hence, ground no.1 is dismissed. 29. Ground no. 2 is against

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

bogus Purchases. 28.1. The issue raised in ground no.1 of this appeal of Revenue is similar to one as decided by us in ground no. 2 of ITA No. 1595/KOL/2025 for A.Y. 2015-16 (supra). Accordingly, our decision would, mutatis mutandis, apply to ground no.1 of this appeal. Hence, ground no.1 is dismissed. 29. Ground no. 2 is against

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

bogus Purchases. 28.1. The issue raised in ground no.1 of this appeal of Revenue is similar to one as decided by us in ground no. 2 of ITA No. 1595/KOL/2025 for A.Y. 2015-16 (supra). Accordingly, our decision would, mutatis mutandis, apply to ground no.1 of this appeal. Hence, ground no.1 is dismissed. 29. Ground no. 2 is against

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALAJEE MINI STEELS & REROLLING PRIVATE LIMITED , PATNA

In the result, the appeals of the Revenue are dismissed

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

15. The issue raised in ground no.2 is against the deletion of addition of ₹2,97,52,993/- by the ld. CIT (A) as made by the ld. AO on estimation basis by applying the rate of 4% on non-genuineness purchases of ₹74,06,66,925/- made by the assessee. 15.1. The facts in brief are that

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

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

15\nsubmitted confirmation of accounts, purchase bills and the payments details being\nmade by the banking channel in respect of the purchases made from the said bogus\nbillers. The assessing officer after taking cognisance of all the details filed by the\nassessee made disallowance of 3% of the bogus purchases on the ground that these\npurchases were to cover

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

bogus and such\naction is bad in law and in view of the facts and in the\ncircumstances the addition so made is liable to be deleted and\nit may be held accordingly\n16. Without prejudice to Grounds No. 14 & 15 above, the payment\nmade to the said vendor (i.e. Reeja Trading Private Ltd.) were\nthrough banking channel

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

bogus and such\naction is bad in law and in view of the facts and in the\ncircumstances the addition so made is liable to be deleted and\nit may be held accordingly\n16. Without prejudice to Grounds No. 14 & 15 above, the payment\nmade to the said vendor (i.e. Reeja Trading Private Ltd.) were\nthrough banking channel

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

The appeal of the Revenue is dismissed

bogus purchases.\n39. The issue raised in ground nos.4 & 5 is similar to one as decided by us\nin ground no. 1 & 2 in ITA No. 1700/KOL/2025 A.Y. 2016-17, wherein\nwe have dismissed the ground no. 1 & 2 of appeal of the revenue by\nupholding the order of Id. CIT(A). Therefore, our decision in ITA No.\nPage

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

bogus and such\naction is bad in law and in view of the facts and in the\ncircumstances the addition so made is liable to be deleted and\nit may be held accordingly.\n16. Without prejudice to Grounds No. 14 & 15 above, the payment\nmade to the said vendor (i.e. Reeja Trading Private Ltd.) were\nthrough banking channel

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALAJEE MINI STEELS & REROLLING PRIVATE LIMITED , PATNA

In the result, the appeals of the Revenue are dismissed

Bench: Shri Rajesh Kumar, Am\Nand\Nshripradip Kumar Choubey, Jm\Nita Nos.1688 To 1691/Kol/2025\N(Assessment Years: 2015-16 To 2018-19)\Nita No. 1725/Kol/2025\N(Assessment Year: 2016-17)\Ndcit, Central Circle 4(3)\Nbalajee Mini Steels & Rerolling\Naaykar Bhawan Poorva, 110,\Nprivate Limited\Nshantipally, Kolkata-700107,\N603, Shantikunj Apartment,\Nkolkata\Nphulwanipatna, G.P.O.800001,\N(Appellant)\Nvs.\Npatna\N(Respondent)\Npan No. Aabcb7265J\Nassessee By : Shri Manish Rastogi, Ar\Nrevenue By : S/Shri Praveen Kishore &\Npradeep Dungdung, Drs\Ndate Of Hearing: 01.12.2025\Ndate Of Pronouncement: 15.12.2025\Norder\Nper Rajesh Kumar, Am:\Nthese Are Appeals Preferred By The Revenue Against The Orders Of\Nthe Commissioner Of Income-Tax (Appeals), Kolkata-27 (Hereinafter\Nreferred To As The “Ld. Cit(A)"] Dated 13.04.2025 For The Ays 2015-16\Nto 2018-19.\Nas The Facts & Issues In All The Appeals Of Revenue Are Exactly\Nidentical, Hence, For The Sake Of Brevity, We Take Ita No.\N1688/Kol/2025 For A.Y. 2015-16 & Decide The Issue Accordingly.\Nα.Υ. 2015-16\Npage 2\Nita Nos.1688 To 1691/Kol/2025&1725/Kol/2025\Nbalajee Mini Steels & Rerolling Private Limited; Ays 2015-16 To 2018-19\Nita No. 1688/Kol/2025\N3.\Nthe Only Issue Raised By The Revenue Is Against The Deletion Of\Naddition By The Id. Cit (A) Of ₹1,07,03,817/- As Made By The Id. Ao\Non Account Of Suppression Of Income In Respect Of Bogus Purchases.\N3.

15.\nThe issue raised in ground no.2 is against the deletion of addition of\n₹2,97,52,993/- by the Id. CIT (A) as made by the Id. AO on estimation basis by\napplying the rate of 4% on non-genuineness purchases of ₹74,06,66,925/- made by\nthe assessee.\n15. 1. The facts in brief are that

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

The appeal of the Revenue is dismissed

section 68 of the Act\nBefore the Commissioner (Appeals) it as submitted by the assessee that raw hides\nwere purchased from the four parties under consideration on the understanding that\nafter the hides were processed and the finished leather was produced the same would\nbe resold to same parties in substance therefore the transaction was more in the\nnature