I.T.O WD - 55(2),KOLKATA., KOLKATA vs. DR. ANISUR RAHMAN, KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: : Shri N.V. Vasudevan & Shri M. Balaganesh

condone the delay and admit the appeal of the revenue herein. 1 A AM Dr. Anisur Rahman 3. The first issue to be decided in this appeal is as to whether a sum of Rs. 3,69,000/- claimed to be gifts received from daughter by the assessee could be added as unexplained cash credit

LAL BABA SEAMLESS TUBES (P) LTD.,KOLKATA vs. DCIT, CIRCLE-3(1), KOLKATA, KOLKATA

In the result, the appeal of the assessee is treated as allowed for statistical purposes, while the appeal of the Revenue is treated as partly allowed for statistical purposes

Bench: Shri P.M. Jagtap, Vice-(Kz) & Shri S.S. Viswanethra Ravi

unexplained I.T.A. Nos. 1033 & 1637/KOL/2017 Assessment Year: 2014-2015 M/s. Lalbaba Seamless Tubes Pvt. Limited cash credits u/s 68 of the I.T. Act, 1961. As a result, the impugned addition on account of treating the cash credits amounting to Rs.6,27,00,000/- is confirmed. This ground is partly allowed”. 4. We have heard the arguments of both the sides

DCIT, CIRCLE-3(1), KOLKATA, KOLKATA vs. M/S. LAL BABA SEAMLESS TUBES PVT. LIMITED , KOLKATA

In the result, the appeal of the assessee is treated as allowed for statistical purposes, while the appeal of the Revenue is treated as partly allowed for statistical purposes

Bench: Shri P.M. Jagtap, Vice-(Kz) & Shri S.S. Viswanethra Ravi

unexplained I.T.A. Nos. 1033 & 1637/KOL/2017 Assessment Year: 2014-2015 M/s. Lalbaba Seamless Tubes Pvt. Limited cash credits u/s 68 of the I.T. Act, 1961. As a result, the impugned addition on account of treating the cash credits amounting to Rs.6,27,00,000/- is confirmed. This ground is partly allowed”. 4. We have heard the arguments of both the sides

ITO, WARD-5(1), KOLKATA vs. M/S VISHNU DISTRIBUTORS PVT LTD, KOLKATA

In the result, the appeal of the Revenue is devoid of any merit, hence dismissed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumari.T.A. No. 50/Kol/2022 Assessment Year: 2012-2013

unexplained cash credit in the form of share capital and share premium only on the ground that no cash or cheque was actually received by the respondent assessee and the purchase of share assets and allotment of share by the assessee was under barter system ? After we have elaborately heard the learned Advocates for the parties we have no hesitation

TIRUPATI TIMBERS & PACKAGING P. LTD.,,KOLKATA vs. ITO, WARD 4(1),, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 1428/Kol/2025 Assessment Year: 2011-2012 Tirupati Timbers & Packaging P. Limited,…Appellant Room No. 563, Marshall House, 33/1, N.S. Road, Dalhousie, G.P.O., Kolkata-700001, W.B. [Pan:Aabct2720Q] -Vs.- Income Tax Officer,……………………………..Respondent Ward-4(1), Kolkata, Aayakar Bhawan, 8Th Floor, P-7, Chowringhee Square, Kolkata-700069 Appearances By: Shri Girdhar Dhelia, Advocate, Appeared On Behalf Of The Assessee Shri Kallol Mistry, Jcit, Sr. D.R., Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: September 02, 2025 Date Of Pronouncing The Order: November 20, 2025 O R D E R

delay is condoned for the appeal. 4. Facts in brief are that the appellant-assessee is a Private Limited Company, which filed its return of income electronically on 07.09.2011 declaring total income of Rs.7,30,962/-. 2 Tirupati Timbers & Packaging Pvt. Limited Information had been received from the ADIT(Inv.), Unit-6, Kolkata that the assessee-company entered into

BISWAJIT ROY,JALPAIGURI vs. ITO, WARD 1(1), , JALPAIGURI

Appeal is dismissed

Bench: Him, In Limine, By Not Condoning A Delay Of 436 Days Before Him.

condoning a delay of 436 days before him. 1.2 Vide his order dated 30.08.2021, the Ld.AO has made an addition of Rs. 4,28,29,080/- u/s 69A of the Act. The findings of the Ld. AO on this point deserve to be extracted: 2 Biswajit Roy “4. Perusal of the Suspicious Transactions Report (STR) reveals the following modus operandi

HILTON COMMODITIES PVT. LTD.,KOLKATA vs. ITO, WARD-5(3), KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm Hilton Commodities Pvt. Ltd. Ito, Ward 5(3) 9/12, Lal Bazar Street, Aaykar Bhavan, P-7, Mercantile Building, Block-B, Chowringhee Square, Vs. 3Rd Floor, No.10, Kolkata-700069, West Bengal Kolkata-700001, West Bengal (Appellant) (Respondent) Pan No. Aacch1011P Assessee By : Shri Soumitra Choudhury, Ar Revenue By : Shri S Datta, Cit Dr Date Of Hearing: 08.01.2025 Date Of Pronouncement : 24.02.2025

condone the delay in filing the appeal. 03. The only issue raised in the various grounds of appeal is against the confirmation of addition of ₹3,61,54,000/- by ld. CIT (A) as made by the ld. AO on account of share application / share premium, received during the year as unexplained cash credit

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

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

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

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

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

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

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

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

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

condone the delay and admit the appeal for hearing. 3. Since these appeals relate to the related companies and issues involved are mostly common, therefore these are being decided by this common order for the sake of convenience and brevity. First of all, we shall take 1395/KOL/2025 (assessee’s appeal) A.Y. 2015-16 in case of Balmukund Sponge and Iron

ITO, WARD - 1(4), KOLKATA, KOLKATA vs. M/S. JOSAN DEPOSITS & ADVANCES PVT. LTD., , KOLKATA

In the result, appeal of the revenue is dismissed

Bench: Shri P. M. Jagtap, Vice- & Shri A. T. Varkey, Jm]

condone the delay and proceed to hear the appeal of the Revenue. The sole ground of the revenue is against the action of the ld. CIT(A) in deleting the addition of share capital including premium amounting to Rs. 92.50 crores made by Assessing Officer u/s 68 of the Income Tax Act, 1961 (hereinafter referred

M/S TRANSPORT WINGS (CAL) PVT. LTD.,KOLKATA vs. ITO, WARD-1(1), KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

condoning the delay by observing that the delay in filing the appeal was due to negligence on the part of the assessee. 8. After hearing the rival parties and perusing the material on record, we note that the AO has made the addition Rs. 51,01,097/- u/s 68 of the Act of long term borrowings as unexplained cash credit

DCIT, CENTRAL -4(3), KOLKATA, KOLKATA vs. RAJESH AUTO MERCHANDISE PRIVATE LIMITED, KOLKATA

In the result, the appeal of the Revenue is dismissed

condone the delay and adjudicate the appeal in the ensuing paras.\nThe issue raised in ground no.1 is against the order of Id. CIT (A)\ndeleting the addition of ₹7,57,50,000/- as made by the Id. AO in\nrespect of unsecured loans by treating the same as unexplained cash\ncredit u/s 68 of the Act.\n3.1. The facts

DEPUTY COMMISSIONER OF INCOME TAX, KOLKATA vs. DOLLAR HOLDING PVT. LTD., KOLKATA

In the result, both the appeals of the Revenue are dismissed

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

condone the delay in filing the appeals by admitting these appeals for adjudication. 03. The Revenue has raised following grounds of appeal:- “1. Whether the Ld. CIT(A) has erred in facts and in law by allowing the appeal of the assessee by deleting the addition of Rs. 4,49,37,500/- under section 68 of the Act on account

DEPUTY COMMISSOENR OF INCOME TAX, KOLKATA vs. DOLLAR HOLDING PVT. LTD., KOLKATA

In the result, both the appeals of the Revenue are dismissed

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

condone the delay in filing the appeals by admitting these appeals for adjudication. 03. The Revenue has raised following grounds of appeal:- “1. Whether the Ld. CIT(A) has erred in facts and in law by allowing the appeal of the assessee by deleting the addition of Rs. 4,49,37,500/- under section 68 of the Act on account

ITO, WARD - 6(1), KOLKATA , KOLKATA vs. M/S. DELIGHT GRIH NIRMAN PVT. LTD., , KOLKATA

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1755/Kol/2017 ("नधा"रणवष" / Assessment Year: 2012-13)

condone the delay and admit the appeal for hearing. 4. The facts of the case may be stated briefly. The assessee company filed its return of income for Assessment Year 2012-13, showing total income at Rs.NIL. The assessee’s case was selected for scrutiny u/s 143(2) of the Act and the Assessing Officer completed the assessment