VRINDA ENGINEERS PVT. LTD. ,KOLKATA vs. ACIT,C.C-1(1),KOLKATA. , KOLKATA

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

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Boradi.T.A. Nos. 1274/Kol/2023 Assessment Year: 2012-2013 Vrinda Engineers Pvt. Ltd.,.......................Appellant C/O. Subash Agarwal & Associates, Advocates, Siddha Gibson, 1, Gibson Lane, Suite-213, 2Nd Floor, Kolkata-700069 [Pan: Aaacv9131E] -Vs.- Principal Commissioner Of Income Tax,....Respondent Central-1, Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, E.M. Bypass, Kolkata-700107 -A N D- I.T.A. Nos. 1232/Kol/2023 Assessment Year: 2012-2013 Vrinda Engineers Pvt. Ltd.,.......................Appellant C/O. Subash Agarwal & Associates, Advocates, Siddha Gibson, 1, Gibson Lane, Suite-213, 2Nd Floor, Kolkata-700069 [Pan: Aaacv9131E] -Vs.- Assistant Commissioner Of Income Tax,....Respondent Central Circle-1(1), Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, E.M. Bypass, Kolkata-700107

condone the delay in filing the appeal and proceed to decide the appeal on merit. 11. The solitary grievance of the assessee is that ld. Commissioner has erred in taking cognizance under section 263 and setting aside the second reassessment order dated 30.09.2019. Before adverting to the show-cause notice issued under section 263, we deem it appropriate to take

MUKUND RUNGTA,KOLKATA vs. DCIT, CC-V, KOLKATA, KOLKATA

In the result, the appeals of the assessee in ITA Nos

Bench: Shri M. Balaganesh, Am & Shri S. S. Viswanethra Ravi, Jm]

133A of the Act which were also subsequently released by the investigation wing after necessary verification. In addition to the above, assets and documents, bank accounts, passports and credit cards etc were found in the name of various persons of this Group. No person or concern of the group had admitted any undisclosed income in the course of search

NANDILAL RUNGTA,KOLKATA vs. DCIT, CC-V, KOLKATA, KOLKATA

In the result, the appeals of the assessee in ITA Nos

Bench: Shri M. Balaganesh, Am & Shri S. S. Viswanethra Ravi, Jm]

133A of the Act which were also subsequently released by the investigation wing after necessary verification. In addition to the above, assets and documents, bank accounts, passports and credit cards etc were found in the name of various persons of this Group. No person or concern of the group had admitted any undisclosed income in the course of search

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

condone the delay and admit the appeals of the revenue for adjudication. A.Y. 2013-14 CO No. 42/KOL/2025 04. Since, the assessee has raised legal issue in cross objection filed, challenging the validity of reopening of assessment u/s 147 of the Income-tax Act, 1961 (the Act) on the ground that the conditions envisaged in proviso to Section

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

condone the delay and admit the appeals of the revenue for adjudication. A.Y. 2013-14 CO No. 42/KOL/2025 04. Since, the assessee has raised legal issue in cross objection filed, challenging the validity of reopening of assessment u/s 147 of the Income-tax Act, 1961 (the Act) on the ground that the conditions envisaged in proviso to Section

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

condone the delay and admit the appeals of the revenue for adjudication. A.Y. 2013-14 CO No. 42/KOL/2025 04. Since, the assessee has raised legal issue in cross objection filed, challenging the validity of reopening of assessment u/s 147 of the Income-tax Act, 1961 (the Act) on the ground that the conditions envisaged in proviso to Section

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

condone the delay and admit the appeals of the revenue for adjudication. A.Y. 2013-14 CO No. 42/KOL/2025 04. Since, the assessee has raised legal issue in cross objection filed, challenging the validity of reopening of assessment u/s 147 of the Income-tax Act, 1961 (the Act) on the ground that the conditions envisaged in proviso to Section

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

condoned the delay in filing the appeals and cross objections. For AY 2013-14, the reopening of assessment under Section 147 of the Income-tax Act was quashed as it violated the proviso to Section 147. The appeals filed by the Revenue related to this issue were dismissed as infructuous. For AY 2015-16 and AY 2016-17, the Revenue

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 4(3), KOLKATA, KOLKATA vs. AVIMA EXPORTS PRIVATE LIMITED, KOLKATA

Accordingly the ground No. 2 is dismissed by upholding the order of Ld

Bench: Shri Rajesh Kumar, Am & Shripradip Kumar Choubey, Jm Dcit, Central Circle 4(3) Avima Exports Private Limited 4Th Ns Road, Dalhousie, Kolkata, 110, Shantipally, Vs. Kolkata-700107, West Bengal Kolkata-700001, West Bengal (Appellant) (Respondent) Pan No. Aagca5857N Assessee By : Shri Manish Tiwari, Ar Revenue By : Shri Raja Sengupta, Dr Date Of Hearing: 03.09.2025 Date Of Pronouncement: 11.11.2025

delay of filing the appeal is hereby condoned. 03. The issue in Ground No. 1 by the Revenue is against the deletion of addition of Rs. 8,48,75,000/- by the Ld. CIT(A) as made by the AO on account of unexplained cash credit in respect of unsecured loans u/s 68 of the Act. AVIM Exports Private Limited

DCIT CC 1 4 KOLKATA, KOLKATA vs. GREYFORCE INDUSTRIES LIMITED, KOLKATA

In the result, the appeal of the Revenue is dismissed

condone the delay and admit the appeal for\nhearing.\nThe first issue raised by the Revenue is against the deletion of\naddition of ₹3,83,34,071/- by the Id. CIT (A) as made by the Id. AO\non account of freight payment exceeding to ₹35,000/- to a single\ntransporter in a single day in violation of Section

BIMAL KUMAR SIKARIA,KOLKATA vs. ACIT, CIRCLE - 40, KOLKATA, KOLKATA

In the result, assessee`s appeal is partly allowed for statistical purposes

Bench: Shri A. T. Varkey, Jm & Dr. A.L. Saini, Am Bimal Kumar Sikaria Vs. Acit, Circle-40, Kolkata 159, Ramdular Sarkar Street, Kolkata – 700006. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aurps0380C (अपीलाथ" /Assessee) (""यथ" / Respondent) ..

condone the delay and admit the appeal of the assessee for hearing. 4. Ld. Counsel for the assessee informs the Bench that assessee does not want to press Ground No.3, therefore we dismiss Ground No.3 raised by the assessee as not pressed. 5. Ground No.1 raised by the assessee relates to addition of Rs.45,00,000/- as undisclosed income

DEPUTY COMMISSIONER OF INCOME TAX, KOLKATA vs. VEDANTA RESOURCES PRIVATE LIMITED, KOLKATA

In the result, the Cross Objection of the assessee is allowed and\nappeal of the Revenue is dismissed

condone\nthe delay and admit the appeal for hearing.\n3.\nThe assessee has pressed two legal issues at the time of hearing (\nGround No. 2 and 4 as raised in the cross objection which is\nextracted below:-\n\"2. For that the learned. CIT(A) incorrectly concluded that AO had looked into the\ninformation and that condition

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BRGD SPONGE & IRON PRIVATE LIMITED , KOLKATA

In the result, the appeal of the Revenue is dismissed and the appeal\nof the assessee is allowed

condone the delay and admit the appeal for hearing.\n3.\nThe common issue raised in all the grounds raised by the Revenue is\nagainst the order of Id. CIT (A) partly deleting the addition to the\nextent of ₹2,18,15,000/- as made by the Id. AO of ₹2,30,00,000/-\nu/s 68 of the Act in respect

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. SURESH KUMAR BANTHIA, KOLKATA

In the result, the appeal of the Revenue is dismissed and the Cross\nObjection of the assessee is partly allowed

condone\nthe delay and admit the appeal for hearing.\n3.\nThe issue raised by the Revenue in ground no.1 is against the order\nof Id. CIT (A) annulling the assessment framed u/s 147 of the\nIncome-tax Act, 1961 (the Act) by the Id. AO on the ground of being\ninvalid and void ab initio without considering the facts

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

133A of the Act at the business premises of the assessee on 12.10.2006. The return was selected compulsorily for scrutiny and a notice u/s 143(2) of the Act was issued on 30.09.2008 which was duly served on the assessee followed by another notice u/s 142(1) issued on 10.07.2009. During the survey proceedings documents like books, loose sheets

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

133A of the Act at the business premises of the assessee on 12.10.2006. The return was selected compulsorily for scrutiny and a notice u/s 143(2) of the Act was issued on 30.09.2008 which was duly served on the assessee followed by another notice u/s 142(1) issued on 10.07.2009. During the survey proceedings documents like books, loose sheets

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

133A of the Act at the business premises of the assessee on 12.10.2006. The return was selected compulsorily for scrutiny and a notice u/s 143(2) of the Act was issued on 30.09.2008 which was duly served on the assessee followed by another notice u/s 142(1) issued on 10.07.2009. During the survey proceedings documents like books, loose sheets

SUMANGAL JEWELS P. LTD.,KOLKATA vs. D.C.I.T., CC- 4(3), KOLKATA

Appeal of the Revenue is dismissed

condone the delay and admit the appeal for\nhearing.\n08. Since, we have quashed the assessment order by allowing ground\nno. 2 of the assessee's appeal in IT(SS)A No. 143/KOL/2024 for A.Y.\n2012-13, hence, the appeal of the Revenue become infructuous and\nhence, dismissed.\nΑ.Υ. 2016-17\nITA No. 2408/KOL/2024\n09. The issue raised

ACIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. SUMANGAL JEWELS PRIVATE LIMITED, KOLKATA

The appeals of the assessee are allowed and the\nappeal of the Revenue is dismissed

condone the delay and admit the appeal for\nhearing.\n08. Since, we have quashed the assessment order by allowing ground\nno. 2 of the assessee's appeal in IT(SS)A No. 143/KOL/2024 for A.Y.\n2012-13, hence, the appeal of the Revenue become infructuous and\nhence, dismissed.\nΑ.Υ. 2016-17\nITA No. 2408/KOL/2024\n09. The issue raised