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

27. In the result, the appeal of Revenue in ITA No. 1597/KOL/2025 is dismissed. A.Y. 2018-19 H. 1598/KOL/2025 (Revenue’s appeal) 28. Issue raised in ground no. 1 is against the deletion of addition of Rs. 37,59,130/- by CIT(A) as made by the AO in respect of bogus Purchases. 28.1. The issue raised in ground no.1

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

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

27. In the result, the appeal of Revenue in ITA No. 1597/KOL/2025 is dismissed. A.Y. 2018-19 H. 1598/KOL/2025 (Revenue’s appeal) 28. Issue raised in ground no. 1 is against the deletion of addition of Rs. 37,59,130/- by CIT(A) as made by the AO in respect of bogus Purchases. 28.1. The issue raised in ground no.1

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

27. In the result, the appeal of Revenue in ITA No. 1597/KOL/2025 is dismissed. A.Y. 2018-19 H. 1598/KOL/2025 (Revenue’s appeal) 28. Issue raised in ground no. 1 is against the deletion of addition of Rs. 37,59,130/- by CIT(A) as made by the AO in respect of bogus Purchases. 28.1. The issue raised in ground no.1

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

27. In the result, the appeal of Revenue in ITA No. 1597/KOL/2025 is dismissed. A.Y. 2018-19 H. 1598/KOL/2025 (Revenue’s appeal) 28. Issue raised in ground no. 1 is against the deletion of addition of Rs. 37,59,130/- by CIT(A) as made by the AO in respect of bogus Purchases. 28.1. The issue raised in ground no.1

OM FORGING & ENGINEERING PRIVATE LIMITED,KOLKATA vs. THE PR. CIT-1, KOLKATA, KOLKATA

In the result the appeals are allowed

Bench: Hon’Ble Shri N.V.Vasudevan, Jm & Dr.Arjun Lal Saini, Am ]

Section 69C of the Act provides that where, in any financial year, the assessee has incurred an expenditure and he offers no explanation about the source of such expenditure or part thereof or the explanation, if it is offered by him, is not, in the opinion of the AO, satisfactory., the amount covered by that expenditure or part thereof

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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 can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

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

The appeal of the Revenue is dismissed

bogus purchases can be\nmade on the basis of the information received from sales tax department that assessee\nwas beneficiary of accommodation entries without disputing the corresponding sales\ntransactions.\nFurther, the assessee relied upon the Hon'ble ITAT Delhi Bench, in the case of DCIT vs\nSharp Mint Ltd, reported in [2024] 159 taxmann.com 1381 (Delhi - Trib.), wherein, it\nhas

SATYA PRAKASH SHARMA ,KOLKATA vs. PR.CIT, KOLKATA - 12, KOLKATA

In the result, all the appeals of the assessee are allowed

Bench: Shri A. T. Varkey, Jm & Dr. A.L. Saini, Am]

purchased from the alleged dealers were transported and delivered to the assessee. As we have noted above that AO had made enquiries about the names of all the dealers, the details of transaction and the mode of transportation from the assessee and entire details has been given in a tabular format from page 56 to 61 a sample has been

SATYA PRAKASH SHARMA ,KOLKATA vs. PR.CIT, KOLKATA - 12, KOLKATA

In the result, all the appeals of the assessee are allowed

Bench: Shri A. T. Varkey, Jm & Dr. A.L. Saini, Am]

purchased from the alleged dealers were transported and delivered to the assessee. As we have noted above that AO had made enquiries about the names of all the dealers, the details of transaction and the mode of transportation from the assessee and entire details has been given in a tabular format from page 56 to 61 a sample has been

SATYA PRAKASH SHARMA ,KOLKATA vs. PR.CIT, KOLKATA - 12, KOLKATA

In the result, all the appeals of the assessee are allowed

Bench: Shri A. T. Varkey, Jm & Dr. A.L. Saini, Am]

purchased from the alleged dealers were transported and delivered to the assessee. As we have noted above that AO had made enquiries about the names of all the dealers, the details of transaction and the mode of transportation from the assessee and entire details has been given in a tabular format from page 56 to 61 a sample has been

INCOME TAX OFFICER WARD-36(3), KOLKATA, KOLKATA vs. M/S SAHA AGENCY, KOLKATA

In the result, the appeal of revenue is partly allowed and the Cross Objection of assessee is dismissed

Bench: Shri N. V. Vasudevan, Jm & Shri M. Balaganesh, Am]

section 194C of the Act could not be made applicable to the facts of 5 ITA No.2453/K/2013 & CO No.139/K/2013 M/s. Saha Agency, AY 2010-11 this case. We find that the Learned DR was not able to advance any specific arguments before us against the order of Ld. CIT(A). Hence, the ground no. 1 of revenue appeal is dismissed

BADAL KRISHNA SAHA,KOLKATA vs. ITO, WD-53(4), KOLKATA, KOLKATA

In the result the appeal by the assessee is allowed

Bench: Hon’Ble Shri P.M.Jagtap, Am & Sri N.V.Vasudevan, Jm ]

section 37 without appreciating that the same is not penal in nature. 4. That CIT(A) has erred in sustaining disallowance of labour charges of Rs. 3,60,500/-. 5. That CIT(A) has erred in sustaining disallowance of hire charges of Rs. 5,60,000/-. 6. That CIT(A) has erred in not allowing deduction