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

4% of Rs 8,62,86,046) and balance amount of Rs. 8,28,34,605 (Rs 8,62,86,046-Rs. 34,51,441) is directed to be deleted It would kindly be appreciated in this case the fictitious purchases were adjusted against the manufacturing items sold by the assessee. It would kindly be appreciated that the facts

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

4% to 5%. However, in the present case, the purchases and sales are also bogus. The assessee has already offered a percentage of profit on the bogus sales made out of bogus purchases in its regular returns of income. 7.2.4. It is pertinent to mention that the entry operators during the course of search & seizure operation in their own case

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

4% to 5%. However, in the present case, the purchases and sales are also bogus. The assessee has already offered a percentage of profit on the bogus sales made out of bogus purchases in its regular returns of income. 7.2.4. It is pertinent to mention that the entry operators during the course of search & seizure operation in their own case

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

4% to 5%. However, in the present case, the purchases and sales are also bogus. The assessee has already offered a percentage of profit on the bogus sales made out of bogus purchases in its regular returns of income. 7.2.4. It is pertinent to mention that the entry operators during the course of search & seizure operation in their own case

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

4% to 5%. However, in the present case, the purchases and sales are also bogus. The assessee has already offered a percentage of profit on the bogus sales made out of bogus purchases in its regular returns of income. 7.2.4. It is pertinent to mention that the entry operators during the course of search & seizure operation in their own case

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

4% to 5%. However, in the present case, the purchases and sales are also bogus. The assessee has already offered a percentage of profit on the bogus sales made out of bogus purchases in its regular returns of income. 7.2.4. It is pertinent to mention that the entry operators during the course of search & seizure operation in their own case

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

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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,\Nvs.\N(Appellant)\Npatna\N(Respondent)\Npan No. Aabcb7265J\Nassessee By\N:\Nshri Manish Rastogi, Ar\Nrevenue By\N:\Ns/Shri Praveen Kishore &\Npradeep Dungdung, Drs\Ndate Of Hearing:\N01.12.2025\Ndate Of Pronouncement:\N15.12.2025\Norder\Nper Rajesh Kumar, Am:\Nthese Are Appeals Preferred By The Revenue Against The Orders Of The Commissioner Of Income-Tax (Appeals), Kolkata-27 (Hereinafter Referred To As The “Ld. Cit(A)"] Dated 13.04.2025 For The Ays 2015-16 To 2018-19.\Nas The Facts & Issues In All The Appeals Of Revenue Are Exactly Identical, Hence, For The Sake Of Brevity, We Take Ita No. 1688/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 Addition By The Id. Cit (A) Of ₹1,07,03,817/- As Made By The Id. Ao On Account Of Suppression Of Income In Respect Of Bogus Purchases.\N3.

bogus purchases the assessee was covering the purchases made\nfrom the grey market which were purchased at lesser price. It would kindly be\nappreciated that the facts of the case in hand is that both the purchases and\nthe sale are fictitious, as such, it would gratuitously be appreciated that the\nPage 8\nITA Nos.1688 to 1691/KOL/2025&1725/KOL/2025\nBalajee Mini

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\Nvs.\Nphulwanipatna, G.P.O.800001,\N(Appellant)\Npatna\N(Respondent)\Npan No. Aabcb7265J\Nassessee By\Nshri Manish Rastogi, Ar\Nrevenue By\Ns/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.

bogus purchases the assessee was covering the purchases made\nfrom the grey market which were purchased at lesser price. It would kindly be\nappreciated that the facts of the case in hand is that both the purchases and\nthe sale are fictitious, as such, it would gratuitously be appreciated that the\nPage 8\nITA Nos.1688 to 1691/KOL/2025&1725/KOL/2025\nBalajee Mini

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.

bogus purchases the assessee was covering the purchases made\nfrom the grey market which were purchased at lesser price. It would kindly be\nappreciated that the facts of the case in hand is that both the purchases and\nthe sale are fictitious, as such, it would gratuitously be appreciated that the\nPage 8\nITA Nos.1688 to 1691/KOL/2025&1725/KOL/2025\nBalajee Mini

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case

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

The appeal of the Revenue is dismissed

4% of Rs 8,62,86,046) and balance\namount of Rs.8,28,34,605 (Rs 8,62,86,046-Rs.34,51,441) is directed to be deleted\nIt would kindly be appreciated in this case the fictitious purchases were adjusted\nagainst the manufacturing items sold by the assessee. It would kindly be appreciated\nthat the facts of the case