BABA IRON INDUSTRIES PVT. LTD. ,KOLKATA vs. ITO,WARD-9(1), KOLKATA., KOLKATA

Bench: Sri Rajpal Yadav & Dr. Manish Borad

condonation of delay). After taking note of all these details, he has not issued either notice u/s 133(6) of the Act or summons u/s 131 of the Act. He simply reproduced the details of certain investor companies which read as under and formed an opinion that all these transactions are bogus: Page 6 of 13 I.T.A. No.: 925/KOL/2023 Assessment

SRI KESHAMUL AGARWAL,EAST SIKKIM vs. ITO, WARD-3(1), GANGTOK

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

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Boradi.T.A. No. 219/Kol/2024 Assessment Year: 2017-2018 Sri Kesharmul Agarwal,…………. …..………..Appellant C/O. M/S. Salarpuria Jajodia & Co., 7, C.R. Avenue, 3Rd Floor, Kolkata-700072 [Pan:Atopa1445Q] -Vs.- Income Tax Officer,…………………………….…Respondent Ward-3(1), Gangtok, Aayakar Bhawan, Bhanupath, While Hall Campus, P.O. Rajbaheri, Gangtok-737101, Sikkim Appearances By: Shri Siddarth Jhajharia, Fca Appeared On Behalf Of The Assessee Shri B.K. Singh, Addl. Cit, Appeared On Behalf Of The Revenue Date Of Concluding The Hearing : June 18, 2024 Date Of Pronouncing The Order : June 19, 2024 O R D E R

condone the delay in filing the appeal and proceed to decide the appeal on merit. 7. The assessee has taken nine grounds of appeal, but perusal of the impugned order, we find that the appeal of the assessee has been dismissed by the ld. CIT(Appeals) on the ground that the assessee failed to make payment of advance tax, which

ACIT, INTERNATIONAL TAXATION CIR.-1(2), KOLKATA , KOLKATA vs. MAHABIR PRASAD GUPTA , KOLKATA

In the result, the appeal filed by the Revenue and the Cross

Bench: Dr. Manish Borad & Sonjoy Sarma

condone the delay and admit the Cross Objection for adjudication. 3. The Revenue has raised the following grounds of appeal: “1 The Ld. CIT (A) has erred on facts and law by deleting an addition of Rs. 1,73,77,481/-made on account of unexplained money by Assessing Officer under section 69A of Income

DCIT, CIRCLE-10(1), KOLKATA vs. M/S INDIAN OIL PETRONAS (P) LTD., KOLKATA

In the result, the Cross Objections of the assessee are allowed for statistical purposes

Bench: Sri J. Sudhakar Reddy & Sri Aby T. Varkey)

condone the delay of 424 days for the reason that the assessee became aware of its rights to claim for deduction, consequent to pronouncement of judgement of these issues by the ITAT. The legal position is that such legal claims can be made by the assessee at any stage of proceedings. The entire exercise of assessments and appeals should ultimately

D.C.I.T.,CIRCLE-10(1), KOLKATA vs. M/S INDIAN OIL PETRONAS PVT. LTD., KOLKATA

In the result, the Cross Objections of the assessee are allowed for statistical purposes

Bench: Sri J. Sudhakar Reddy & Sri Aby T. Varkey)

condone the delay of 424 days for the reason that the assessee became aware of its rights to claim for deduction, consequent to pronouncement of judgement of these issues by the ITAT. The legal position is that such legal claims can be made by the assessee at any stage of proceedings. The entire exercise of assessments and appeals should ultimately

JCIT(OSD), CIRCLE -4, KOLKATA, KOLKATA vs. M/S GILLANDER ARBITHNOT & CO. LTD., KOLKATA

In the result, the appeal of revenue is dismissed

Bench: Shri Mahavir Singh, Jm & Shri Waseem Ahmed, Am]

condone the delay and admit the appeal for hearing. 3. It is also noticed that the revenue has moved adjourned petition in almost 19 cases out of the listed case of 23. This en block adjournment is not possible and hence, the possible case, we have taken up for hearing and decided the issue by rejecting the adjournment petition

DCIT, CIRCLE - 50, KOLKATA, KOLKATA vs. SMT. MADHU CHANDA SIRKAR, KOLKATA

In the result ITA No.1704/Kol/2011 and ITA No

Bench: Hon’Ble Shri J.Sudhakar Reddy, Am & Smt. Madhumita Roy, Jm ] Assessment Year : 2007-08

permanent sales contractual worker. In this particular case remuneration has been given to one Paritosh a contractual worker. Since remuneration is being paid on the basis of quantity of gold maintaining kharigar is assigned for contractual remuneration. Paritosh was paid remuneration for making ornaments of 1080.350 gms of gold for making jewellery on such 10800.350 gms. of such gold

SMT MADHU CHHANDA SIRKAR,KOLKATA vs. CIT-XVII,KOLKATA, KOLKATA

In the result ITA No.1704/Kol/2011 and ITA No

Bench: Hon’Ble Shri J.Sudhakar Reddy, Am & Smt. Madhumita Roy, Jm ] Assessment Year : 2007-08

permanent sales contractual worker. In this particular case remuneration has been given to one Paritosh a contractual worker. Since remuneration is being paid on the basis of quantity of gold maintaining kharigar is assigned for contractual remuneration. Paritosh was paid remuneration for making ornaments of 1080.350 gms of gold for making jewellery on such 10800.350 gms. of such gold

SMT. MADHU CHHANDA SIRKAR,KOLKATA vs. DCIT, CIRCLE - 50, KOLKATA, KOLKATA

In the result ITA No.1704/Kol/2011 and ITA No

Bench: Hon’Ble Shri J.Sudhakar Reddy, Am & Smt. Madhumita Roy, Jm ] Assessment Year : 2007-08

permanent sales contractual worker. In this particular case remuneration has been given to one Paritosh a contractual worker. Since remuneration is being paid on the basis of quantity of gold maintaining kharigar is assigned for contractual remuneration. Paritosh was paid remuneration for making ornaments of 1080.350 gms of gold for making jewellery on such 10800.350 gms. of such gold

GAUTAM ARORA,CHENNAI vs. DCIT(INTERNATIONAL TAXATION)-1(1), KOLKATA

In the result, appeal of the assessee is allowed for statistical purposes as per terms indicated hereinabove

Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Blei.T.A. No. 354/Kol/2021 Assessment Year: 2012-13 Gautam Arora Dcit, (International Taxation)- Flat No. 052, Block 40 Vs 1(1), Kolkata Dlf Garden City Near Psbb Millenium School Omr, Thalambur Chennai - 603103 [Pan : Aerpa7725B] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Ketan K. Ved, C.A. Revenue By : Shri G. Hukugha Sema, Cit D/R सुनवाई क" तारीख/Date Of Hearing : 12/04/2023 घोषणा क" तारीख /Date Of Pronouncement: 10/07/2023 आदेश/O R D E R Per Dr. Manish Borad: The Present Appeal Is Directed At The Instance Of The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals) - 22, Kolkata (Hereinafter The “Ld. Cit(A)”) Dt. 17/03/2021, Passed U/S 250 Of The Income Tax Act, 1961 (“The Act”) For The Assessment Year 2012-13. 2. The Registry Has Pointed Out That There Is A Delay Of 128 (One Hundred Twenty Eight) Days In Filing The Present Appeal Before The Tribunal. Petition For Condonation Of Delay Is Placed On Record By Assessee Explaining The Reasons For Delay, Owing To Pandemic Of Covid-19 During That Time. It Is Noted That The Period Of Delay Falls During The Time Of Pandemic Of Covid-19 Which Has Been Excluded By 2

condone the delay and proceed to admit the appeal for hearing. The assessee has raised the following grounds of appeal:- “1:0 General: 1: 1 The Assessing Officer ("AO") has erred in assessing the total income of the Appellant at Rs. 52,44,210/- as against the income of Rs. 10,83,317/- as per the revised return of income

MEGAPODE VYAPAAR PVT. LTD.,KOLKATA vs. D.C.I.T., CENTRAL CIRCLE - 1(2), KOLKATA, KOLKATA

In the result, ITA No. 98/KOL/2023 is allowed for statistical purposes

Bench: Sri Rajesh Kumar & Sri Anikesh Banerjee

delay for 669 days is condoned, and the matter is taken for adjudication. 3. The assessee has taken the following grounds of appeal: “1) That the order of the Ld CIT (A) is bad in law and on facts of the case. 2) That the Ld CIT (A) erred in confirming derivative Loss of Rs 6179816/- alleging to be bogus

NARAYAN SUPPLIERS PVT. LTD.,KOLKATA vs. I.T.O., WARD - 6(3), KOLKATA, KOLKATA

In the result, appeal of the assessee is dismissed

delay of 28 days in filing the\npresent appeal by the assessee is condoned and the appeal is admitted for\nhearing.\n4. It was submitted by the Id. AR that as per the AO, the assessee had\nmade investments in allegedly three penny stock companies, namely, JMD\nTelefilms Industries Limited, Unisys Softwares & Holding Industries Ltd.\nand Nouveau Global Ventures Limited

DCIT, CIR-4(1), KOLKATA, KOLKATA vs. M/S GOODRICKE GROUP LTD, KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: Hon’Ble Shri N.V. Vasudevan, Jm & Shri M.Balaganesh, Am ] I.T.A No. 971/Kol/2015 Assessment Year : 2007-08 Dcit, Circle-4(1), Kolkata -Vs- M/S Goodricke Group Ltd., Kolkata [Pan: Aabcg1614Q] (Appellant) (Respondent)

delay in filing the appeal by the revenue is hereby condoned and appeal is admitted for adjudication. 2 M/s Goodricke Group Ltd A.Yr.2007-08 3. The first issue to be decided in this appeal is as to whether the ld CITA was justified in deleting the disallowance of cess on green leaf amounting

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 7(1), KOLKATA, AAYAKAR BHAWAN, KOLKATA vs. UGRAYA FOODS AND FEEDS PRIVATE LIMITED, JALPAIGURI

In the result, the appeal of the revenue is dismissed

Bench: Shri Sonjoy Sarma & Shri Sanjay Awasthii.T.A. No.1341/Kol/2024 Assessment Year: 2020-21 Acit, Circle-7(1), Kolkata……...………………...…….………....Appellant Vs. Ugraya Foods & Feeds Pvt. Ltd……............................…..…..... Respondent 12A, Dabgram Industrial Centre, Fulbari, Near Krishna Weight Bridge. [Pan: Aaacy8901B] Appearances By: Shri P. N. Barnwal, Cit-Dr, Appeared On Behalf Of The Appellant. Shri Amit Agarwal, Advocate, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : January 02, 2025 Date Of Pronouncing The Order : February 13, 2025 आदेश / Order Per Sonjoy Sarma: The Present Appeal Has Been Preferred By The Revenue Against The Order Dated 26.12.2023 Of The National Faceless Appeal Centre [Hereinafter Referred To As ‘Cit(A)’] Passed U/S 250 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’). 2. At The Outset, The Registry Has Informed That There Is A Delay Of 111 Days In Filing The Present Appeal. The Revenue Filed Application For Condonation Of Delay Stating Reasons For Such Delay. After Considering The Application, We Find Reasonable Cause & Condone The Delay In Filing The Appeal & Adjudicate The Appeal On Merits Of The Case. 3. Brief Facts Of The Case Are That The Assessee Filed His Return Of Income For The Assessment Year 2020-21 By Declaring Total Income Of Rs.23,48,56,350/-. The Case Of The Assessee Was Selected For Scrutiny Under Cass With Specific Reasons Being Substantial Unexplained Loans

condone the delay in filing the appeal and adjudicate the appeal on merits of the case. 3. Brief facts of the case are that the assessee filed his return of income for the assessment year 2020-21 by declaring total income of Rs.23,48,56,350/-. The case of the assessee was selected for scrutiny under CASS with specific reasons

D.C.I.T., CC-1(3), KOLKATA, KOLKATA vs. M/S. NAVIN CONSTRUCTION & CREDIT PVT. LTD., KOLKATA

In the result, appeal of the revenue is dismissed and cross- objection of the assessee is allowed

Bench: Shri Sanjay Garg, Hon’Ble & Dr. Manish Borad, Hon’Ble

condone the delay and admit the cross-objection for adjudication. 5. Facts in brief are that the assessee is a private limited company. Income of Rs. 45,44,400/-, was declared in the e-return for Assessment Year 2015-16 filed on 29/09/2015. The same was subsequently revised. The case of the assessee was selected for limited scrutiny

ACIT, CIRCLE - 15(1), KOLKATA , KOLKATA vs. M/S. ABCI INFRASTRUCTURES PVT. LTD., , KOLKATA

Appeal is dismissed

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godaraassessment Year: 2012-13

condone the impugned delay attributable to various procedural formalities and compilation of records. The case is now taken up for adjudication on merits. ITA No.1048/Kol/2018 Assessment Year 2012-13 ACIT, Cir-15(1), Kol. Vs M/s ABCI Infrastructures Pvt. Ltd. Page 2 3. The Revenue’s first substantive grievance reads that the CIT(A) has erred

DEPUTY COMMISSIONER OF INCOME TAX, KOLKATA vs. SALASAR FINANCIAL ADVISORY SERVICES PVT. LTD., KOLKATA

In the result, appeal of the revenue is dismissed

Bench: Shri Sanjay Garg & Shri Rajesh Kumari.T.A. No.1926/Kol/2024 Assessment Year: 2012-13

delay in filing the present appeal is hereby condoned and the appeal is taken up for adjudication. 3. Revenue in this appeal is aggrieved by the action of the Ld. CIT(A) in deleting the addition of Rs.2,95,00,000/- made by the Assessing Salasar Financial Advisory Services Pvt. Ltd. AY 2012-13 Officer (in short “AO”) by treating

ITO, WD. -4(1), KOLKATA vs. RAJSHREE INTEGRATED COLD CHAIN PVT. LTD., KOLKATA

In the result, appeal of the revenue is dismissed

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2012-13

condone the delay and take up the matter for adjudication. 4. Brief facts of the case are that assessee filed its return of income on 31.03.2013, reporting total income as nil. Case was selected for scrutiny through CASS with the reason “large share premium received” for which statutory notices were issued and served on the assessee. Against the said notices