BIRLA CORPORATION LIMITED,KOLKATA vs. DCIT, CIR-6(1), KOLKATA

In the result, appeals filed by the Revenue for AYs 2011-12 &

Bench: Sri Rajpal Yadav & Dr. Manish Borad

condone the delay and admit the assessee’s appeal for adjudication. 3. The assessee has raised the following grounds of appeal: Assessment Year 2011-12: “1. For that education cess included in the liability for income tax is an allowable deduction under section 37(1) of the Income Tax Act, 1961 (in short

DCIT, CIRCLE - 6(1), , KOLKATA vs. M/S. BIRLA CORPORATION LTD., KOLKATA

In the result, appeals filed by the Revenue for AYs 2011-12 &

Bench: Sri Rajpal Yadav & Dr. Manish Borad

condone the delay and admit the assessee’s appeal for adjudication. 3. The assessee has raised the following grounds of appeal: Assessment Year 2011-12: “1. For that education cess included in the liability for income tax is an allowable deduction under section 37(1) of the Income Tax Act, 1961 (in short

A.C.I.T.,CIRCLE-2(1), KOLKATA vs. M/S INDIA POWER CORPORATION LTD., KOLKATA

In the result, the appeal of revenue stands dismissed and the Cross Objection of assessee are partly allowed

Bench: Shri A. T. Varkey, Hon’Ble & Dr. M. L. Meena, Hon’Ble]

condone the delay and admit the appeal for hearing. 3. Ground nos. 1 and 2 of the appeal of the revenue read as under: “1. The Ld. CIT(A) has erred in facts and circumstances of the case and in deleting the capitalization of interest expenses of Rs.6,63,00,000/- on the basis of submission of the assessee without

DCIT,CIRCLE-4, KOLKATA, KOLKATA vs. M/S. DERBY TEA & INDUSTRIES PVT LTD., KOLKATA

In the result, appeal filed by Revenue is dismissed

Bench: Shri N.V. Vasudevan & Shri Waseem Ahmedassessment Year :1998-99

condone the delay in preferring the instant Appeal . Now let us proceed with the case on merits. First issue 5. First issue raised by Revenue is that Ld. CIT(A) has erred in deleting the addition made by Assessing Officer for Rs.35,57,392/- in case of Nagrijuli Tea Estates and Rs. 5,38,548/- in the case of Tongani

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

DCIT, CIR.-4(1), KOLKATA vs. M/S RAV DRAVYA PVT LTD , KOLKATA

In the result, appeal of the revenues is treated as partly allowed

Bench: Shri Sanjay Garg, Hon’Ble & Shri Manish Borad, Hon’Blei.T.A. No. 103/Kol/2021 Assessment Year: 2012-13 Deputy Commissioner Of Income M/S. Rav Dravya Private Limited Tax, Circle-4(1), Kolkata Hastings Chambers, 2Nd Floor Vs 7/C, Kiran Shankar Roy Road Kolkata - 700001 Pan : Aabcr3154Q अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Ravi Tulsiyan, Fca Revenue By : Md. Ghayasuddin, Cit D/R सुनवाई क" तारीख/Date Of Hearing : 06/09/2022 घोषणा क" तारीख/Date Of Pronouncement : 09/11/2022 आदेश/O R D E R Per Shri Sanjay Garg: The Present Appeal Is Directed At The Instance Of The Revenue Against The Order Of The Learned Commissioner Of Income Tax (Appeals) - Kolkata (Hereinafter The “Ld. Cit(A)”) Dt. 13/03/2020, Passed U/S 250 Of The Income Tax Act, 1961 (“The Act’), For Assessment Year 2012-13. 2. This Revenue’S Appeal Is Time Barred By 198 Days & The Petition Seeking Condonation Of Delay Has Been Filed Stating That The Delay In Filing Of This Appeal Was Attributable To The Restrictions Imposed Due To Covid-19 Pandemic. We Have Heard Both The Sides & Find That There Is Reasonable Cause For Delay In Filing Of The Appeal On Time. Hence We Condone The Delay & Admit The Appeal For Hearing.

condone the delay and admit the appeal for hearing. 3. The revenue has raised the following revised grounds of appeal before this Tribunal:- “1. Whether on the facts and in the circumstances of the case and in law, the Ld CIT(A) has erred in admitting new documentary evidence during the appeal proceedings in violation of Rule

NAGREEKA FOILS LTD.,KOLKATA vs. D.C.I.T., CIRCLE - 6(3), KOLKATA

In the result, all the three appeals filed by the assessee for AYs\n2010-11, 2011-12 & 2013-14 are allowed

delay and the\nreasons stated therein, we are satisfied that the assessee had a\nreasonable and sufficient cause and was prevented from filing the\ninstant appeal within statutory time limit. We, therefore, condone the\ndelay and admit the appeal for A.Y. 2011-12 for adjudication.\n2.\nSince the issues in all the appeals are common except for an\nadditional issue

NAGREEKA FOILS LTD.,KOLKATA vs. D.C.I.T., CIRCLE - 3(1), KOLKATA

In the result, all the three appeals filed by the assessee for AYs

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

condone the delay and admit the appeal for A.Y. 2011-12 for adjudication. 2. Since the issues in all the appeals are common except for an additional issue in A.Y. 2011-12, all the appeals were heard together and are being decided vide this common order for the sake of convenience and brevity.. The assessee is in appeal before

NAGREEKA FOILS LTD.,KOLKATA vs. D.C.I.T., CIRCLE - 3, , KOLKATA

In the result, all the three appeals filed by the assessee for AYs

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

condone the delay and admit the appeal for A.Y. 2011-12 for adjudication. 2. Since the issues in all the appeals are common except for an additional issue in A.Y. 2011-12, all the appeals were heard together and are being decided vide this common order for the sake of convenience and brevity.. The assessee is in appeal before

DCIT, CIRCLE-5(1), KOLKATA vs. S K SARAWAGI AND COMPANY PRIVATE LIMITED, KOLKATA

Appeals are partly allowed

Bench: The O/O Pcit-2, Kolkata 23.01.2024 Certificate Of Filing 2Nd Appeal Was Received From The O/O Pr. Cit-2, Kolkata 24.01.2024 Necessary Hardcopies Of Documents/ Paper/ Details Required For Filing 2Nd Appeal Before The Hon’Ble Itat, Kolkata Were Collected & Prepared. 25.01.2024 2Nd Appeal Was Filed

condone the delay and admit these two appeals for adjudication. 2. The appeal in ITA No. 150/Kol/2024 arises from order dated 13.11.2023 passed by the Ld. Commissioner of Income Tax- CIT(A), Kolkata – 22, passed u/s 250 of the Income Tax Act, 1961 (hereafter “the Act”). In ITA No. 151/Kol/2024, the appeal arises from order dated 13.11.2023 passed

RITUDHARA DISTRIBUTORS PVT. LTD.,KOLKATA vs. I.T.O., WARD - 4(1), KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm Ito, Ward-4(1), Kolkata Aaykar Bhavan, P-7, Ritudhara Distributors Pvt. Ltd. 5/1, Clive Row, 4 Th Floor, Chowringhee Square, Vs. Kolkata-700001, West Bengal Kolkata-700069, West Bengal (Appellant) (Respondent) Pan No. Aafcr7607A Assessee By : Shri Somitra Choudhury, Ar Revenue By : Shri Subhendu Datta, Dr Date Of Hearing: 10.02.2025 Date Of Pronouncement : 24.02.2025

164 days in filing the appeal by the assessee. The ld. Counsel for the assessee stated that Shri R Agarwal was looking after the taxation matter of the assessee, who also appeared before the first appellate authority. The ld. AR further stated that the said Counsel was not familiar with the procedure of the Tribunal and advised the assessee

DCIT CIRCLE-5(1), KOLKATA vs. S K SARAWAGI AND COMPANY PVT LTD, KOLKATA

Accordingly, the revenue succeeds partially\non this issue.\n\n7.\nConsidering the discussion above, the Revenue's appeals are partly\nallowed

condone the delay and admit these\ntwo appeals for adjudication.\n\n2. The appeal in ITA No. 150/Kol/2024 arises from order dated\n13.11.2023 passed by the Ld. Commissioner of Income Tax- CIT(A), Kolkata\n22, passed u/s 250 of the Income Tax Act, 1961 (hereafter “the Act”). In\nITA No. 151/Kol/2024, the appeal arises from order dated 13.11.2023\npassed

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. GOLDEN GOENKA CREDIT PRIVATE LIMITED , KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar (Accountant Member), Shri Pradip Kumar Choubey (Judicial Member)

delay in filing the appeal is hereby condoned and we proceed to dispose of the appeal on merits. Golden Goenka Credit Pvt. Ltd 3. Brief facts of the case are that a search and seizure operation u/s 132(1) of the Act was conducted in respect of ‘Golden Goenka group of 18.11.2021 assessees’ on by the directorate of Income

DCIT, CIRCLE - 5, KOLKATA, KOLKATA vs. M/S. HINDUSTHAN PAPER CORPN. LTD., KOLKATA

In the result, the appeal of revenue is dismissed and assessee’s CO is allowed

Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]

section 14A of the Act read with Rule 8D of the Rules. We find that the AO has made addition of Rs.98.23 lacs u/s 14A of the Act which is at 0.5% of Rs.1,96,46,30,000 being investment in shares of its wholly owned subsidiary Hindustan Newsprints Ltd. (HNL) from whom assessee had received dividend

DCIT, CIR. 4(1), KOLKATA vs. M/S AMALGAMATED PLANTATIONS PVT. LTD., KOLKATA

In the result, the appeal of the Revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm M/S Amalgamated Plantations Pvt. Ltd. Dcit, Circle 4(1) Unit No.302A, 3Rd Floor, Elgin 8Th Floor, P-7, Chowringhee Square, Aaykarbhavan, Kolkata Chambers, Ashutosh Vs. West Bengal-700069 Mukherjee Road, 1A, Kolkata-700020, West Bengal (Appellant) (Respondent) Pan No. Aagca6995B Assessee By : Shri Pratushjhunjhunwala, Ar Revenue By : Shri Amuldeep Kaur, Dr Date Of Hearing: 19.12.2024 Date Of Pronouncement : 11.02.2025

delay and accordingly, we condone the same by admitting the appeal for adjudication. 03. The only issue raised by the assessee is against the order of ld. CIT (A) allowing the claim of the assessee u/s 80IE of the Act of ₹5,82,61,479/-. 04. The facts in brief are that the assessee filed the return of income dated

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

164 taxmann.com 324 (Amritsar)]\ne) Koteshwar Rao v. DCIT [(2015) 64 taxmann.com 159 (Viz)]\nLd. CIT-DR, on the other hand, relied heavily on the orders of the\nauthorities below and submitted that the case was validly reopened by the\nId. AO by issuing notice u/s.148 of the Act under the new scheme of\ntaxation which mandatorily required

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

164 taxmann.com 324 (Amritsar)]\ne) Koteshwar Rao v. DCIT [(2015) 64 taxmann.com 159 (Viz)]\nLd. CIT-DR, on the other hand, relied heavily on the orders of the\nauthorities below and submitted that the case was validly reopened by the\nId. AO by issuing notice u/s.148 of the Act under the new scheme of\ntaxation which mandatorily required

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

164 taxmann.com 324 (Amritsar)]\ne) Koteshwar Rao v. DCIT [(2015) 64 taxmann.com 159 (Viz)]\nLd. CIT-DR, on the other hand, relied heavily on the orders of the\nauthorities below and submitted that the case was validly reopened by the\nId. AO by issuing notice u/s.148 of the Act under the new scheme of\ntaxation which mandatorily required