DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. EDUCO VENTURES PVT LTD., KOLKATA

Appeal is dismissed

Bench: the AO.

u/s 133A which shows any kind of discrepancy or defect in the transaction of advance from the parties. There is no evidence found in the survey or any other enquiry conducted by the DDIT(Inv.) in the post survey period or by the A.O. in the assessment proceedings, where it can be alleged that the assessee has purchased cheques

EDUCO VENTURES PVT. LTD.,KOLKATA vs. D.C.I.T., CENTRAL CIRCLE - 1(4), KOLKATA

Appeal is dismissed

Bench: the AO.

u/s 133A which shows any kind of discrepancy or defect in the transaction of advance from the parties. There is no evidence found in the survey or any other enquiry conducted by the DDIT(Inv.) in the post survey period or by the A.O. in the assessment proceedings, where it can be alleged that the assessee has purchased cheques

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

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

survey operation could not be regarded as the additional\nincome of the assessee and amenable to tax. There was a\nspecific ground taken before the Appellate Tribunal which was a\nlegal question, as to whether the undisclosed purchase could\nbe taken as the additional income without reference to the\npossible sale of the paddy when converted.\nThe assessee refers

M/S. K.R. TRADELINK PRIVATE LIMITED. ,HOWRAH vs. NE-AC, DELHI. , DELHI.

In the result, appeal of the assessee is allowed for statistical purpose

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

u/s. 133A of the Act on 12.01.2018. During the course of survey proceedings, it was noticed by the survey team that the company has made bogus purchases

DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LTD., KOLKATA

In the result, the appeals of the Revenue are dismissed and the\nCOs of the assessee are partly allowed

133A of the Act was conducted\non the premises of the assessee on 04.011.2019, during which some\ndocuments were found. Based on the findings of the survey team, the\nId. AO reopened the assessment u/s 147 of the Income-tax Act, 1961\n(the Act) by issuing notice u/s 148 of the Act on 01.04.2021, which\nwere duly served upon

DCIT CENTRAL CIRCLE 1 4 KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LIMITED, KOLKATA

In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed

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

133A of the Act was conducted on the premises of the assessee on 04.011.2019, during which some documents were found. Based on the findings of the survey team, the ld. AO reopened the assessment u/s 147 of the Income-tax Act, 1961 (the Act) by issuing notice u/s 148 of the Act on 01.04.2021, which were duly served upon

DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LIMITED, KOLKATA

In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed

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

133A of the Act was conducted on the premises of the assessee on 04.011.2019, during which some documents were found. Based on the findings of the survey team, the ld. AO reopened the assessment u/s 147 of the Income-tax Act, 1961 (the Act) by issuing notice u/s 148 of the Act on 01.04.2021, which were duly served upon