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

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

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

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

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

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

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

purchases and sales were deemed fictitious and profit was already offered, no further disallowance was warranted.", "result": "Allowed", "sections": [ "69A", "147", "148", "143(3)", "132", "69C", "292C", "68", "133(6)", "36(1)" ], "issues": "Whether cash transactions recorded in seized documents constitute unexplained money or investments. Whether additions for alleged bogus

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

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

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

SAROJ EMBRODS PRIVATE LIMITED. ,HOOGHLY vs. DCIT,C.C-3(4), KOLKATA. , KOLKATA

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

Bench: Shri Rajesh Kumar & Shri Sonjoysarma]

money through raising bogus billing in the form of bogus purchase. Considering the above, I am convinced that the assessee has routing its unaccounted income/money through bogus purchase which required to be examined. Hence, judging the facts and circumstances of the case stated abridgely above. I have reason to believe that

M/S. SAROJ EMBRODS PVT. LTD. ,HOOGHLY vs. DCIT, C.C-3(4), KOLKATA. , KOLKATA

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

Bench: Shri Rajesh Kumar & Shri Sonjoysarma]

money through raising bogus billing in the form of bogus purchase. Considering the above, I am convinced that the assessee has routing its unaccounted income/money through bogus purchase which required to be examined. Hence, judging the facts and circumstances of the case stated abridgely above. I have reason to believe that

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

unexplained interest\nexpenditure under section 69C of the Act.\nI have taken into consideration the submissions of the appellant,\nalready extracted above and the findings of the AO as well as the\nmaterial placed on record, It is noted that the impugned addition\nemanated from the information available with the Department,\nwhich was gathered during the course of search