AVR STORAGE TANK TERMINALS PVT. LTD.,KOLKATA vs. D.C.I.T., CIRCLE - 11(1), KOLKATA, KOLKATA

In the result, the appeal is allowed for statistical purposes

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2020-21

depreciation is mandatory as per the provisions of section 32 of the Art. 5. That on the facts and in the circumstances of the case, the NFAC erred in not directing the Assessing Officer to consider total income at Rs. 10,33,47,450 in the Computation Sheet issued along with the impugned assessment order instead of considering the total

STAR PAPER MILLS LIMITED,KOLKATA vs. PCIT - 2, KOLKATA, KOLKATA

In the result, the appeal of the assessee is partly allowed

section 144B of the Act was passed on 04.06.2021 by the National Faceless Appeal Centre, Delhi [the learned AO], assessing the total income of the assessee at ₹16,46,82,464/- under the normal provisions and at ₹62,11,56,146/- u/s 115JB of the Act. On perusal of the said assessment records the Id. PCIT noted that the assessment

A T AND S INDIA PRIVATE LIMITED,NANJANGUD,MYSORE vs. PRINCIPAL COMMISSIONER OF INCOME TAX,KOLKATA-2, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm Pcit, Kolkata-2 A T & S India Private Limited Aaykar Bhavan, P-7, 12A, Industrial Area Nanjangud Chowringhee Square, Vs. H.O, Mysore-571301, Karnataka Kolkata-700069, West Bengal (Appellant) (Respondent) Pan No. Aaeca2930J Assessee By : Shri Anup Sinha, Ar Revenue By : Shri Abhijit Kundu, Dr Date Of Hearing: 09.12.2024 Date Of Pronouncement : 21.01.2025

section 144B of the Act vide order dated 15.11.2001 copy of which is available in the paper book at page no.15 to 18. The ld. PCIT revised the said order on two grounds namely one the assessee debiting and charging an amount of ₹2,42,60,000/- on account of provisions for warranty in the profit and loss account which

RISHI F.L. ON SHOP,MURSHIDABAD vs. I.T.O., WARD - 42(2), KOLKATA

In the result, the appeal of the assessee is partly allowed

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishraassessment Years: 2018-19 Rishi F.L. On Shop, Income Tax Officer, 41/1, K.N. Road, Ranibagan, Vs Ward – 42(2), Murshidabad - 742101 Murshidabad-742101 (Pan: Aahfr9315E) (Appellant) (Respondent)

section 144B of the Act. 2. The grounds of appeal raised by the assessee are reproduced as under: “1. For that the orders passed by the lower authorities are arbitrary, erroneous, without proper reasons, invalid and bad-in-law, to the extent to which they are prejudicial to the interests of the appellant. 2. For that

HI TECH SYSTEMS AND SERVICES LIMITED. ,KOLKATA vs. DCIT,CIRCLE-7(1),KOLKATA. , KOLKATA

In the result, appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2020-21 Hi Tech Systems & Dcit, Circle-7(1), Kolkata Services Limited C/O, Subash Agarwal & Vs. Associates, Advocates, Siddha Gibson, 1, Gibson Lane, Suite 213, 2Nd Floor, Kolkata-700069. (Pan: Aaach6621F) (Appellant) (Respondent)

section 144B of the Income-tax Act, 1961 (hereinafter referred to as the “Act”), dated.12.09.2022 for AY 2020-21. 2. The issue in the present appeal contested by the assessee is in respect of disallowance of claim u/s. 80IA of the Act of Rs.95,61,844/- out of common expenses by holding that the said amount is attributable to income

EIH LIMITED ,KOLKATA vs. DCIT, NFAC, DELHI

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

Bench: SHRI RAJPAL YADAV, VICE PRESIDENT SHRI SANJAY AWASTHI (Accountant Member)

144B of the Income Tax Act, 1961 (in short “the Act”) dated 28.02.2022, through which the following additions (as are relevant for this adjudication) were made: I.T.A. Nos.181 & 498/Kol/2022 EIH Limited (i) TP Adjustment on account of Corporate Guarantee (hereafter CG) of Rs. 63,57,591/-. (ii) Disallowance u/s 14A of the Act r.w. Rule

EIH LIMITED,KOLKATA vs. D.C.I.T., INCOME TAX DEPARTMENT, NFAC, DELHI, KOLKATA

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

Bench: SHRI RAJPAL YADAV, VICE PRESIDENT SHRI SANJAY AWASTHI (Accountant Member)

144B of the Income Tax Act, 1961 (in short “the Act”) dated 28.02.2022, through which the following additions (as are relevant for this adjudication) were made: I.T.A. Nos.181 & 498/Kol/2022 EIH Limited (i) TP Adjustment on account of Corporate Guarantee (hereafter CG) of Rs. 63,57,591/-. (ii) Disallowance u/s 14A of the Act r.w. Rule

M/S. PRICEWATERHOUSE COOPERS PRIVATE LIMITED,KOLKATA vs. ACIT, CIRCLE - 1(1), KOLKATA

In the result, the appeal of the assessee is dismissed

Bench: Shri Rajpal Yadav(Kz) & Shri Manish Boradआयकर अपील सं.य/ Assessment Year: 2014-15 बनाम M/S.Pricewater House A.C.I.T,Cir-1(1), Kolkata Coopers Private Limited Aaykar Bhavan, P-7 V/S. Block-Ep, Plot-Y 14 Chowringhee Square, Salt Lake City, Sector- Kolkata-700 069. V, Kolkata-700 091. Pan: Aabcp9181H अपीलाथ" /Appellant ""यथ" /Respondent .. अपीलाथ" क" ओर से/By Shri Bikash Jain, Ca, Ld.Ar Appellant/Assessee ""यथ" क" ओर से/By Md. Ghyas Uddin, Cit/Ld.Dr Respondent/Department सुनवाई क" तार"ख/Date Of Hearing 14-06-2022 घोषणा क" तार"ख/Date 27-06 -2022 Of Pronouncement आदेश /O R D E R Per Manish Borad, Am. This Appeal Of The Assessee For The Assessment Year 2014-15 Is Directed Against The Order Passed U/S. 263 Of The Income-Tax Act, 1961 [ Hereinafter, Referred To As ‘The Act’] By The Ld. Pr. Commissioner Of Income-Tax [ In Short, Hereafter Referred To As ‘The Pcit’], Kolkata-1. 2. At The Time Of Hearing The Registry Has Informed That The Present Appeal Is Time Barred By 32 Days. The Assessee 1. Ay 2014-15 Price Water House Coopers P.Ltd

144B of the Act. Out of the above stated three issues the ld. AO made the addition/disallowance only on account of following two issues:- Sl.No. Issue Amount 1 Disallowance on an issue not pertaining to the 18,801,826/- appellant 3 Excess claim of depreciation on electrical 6,50,000/- installation 8. Before us Ld. Counsel for the assessee further

M/S. TEGA INDUSTRIES LIMITED,KOLKATA vs. D.C.I.T., CIRCLE - 11(1), KOLKATA

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri George Mathan & Shri Rakesh Mishra

144B of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) for AY 2020-21 dated 24.07.2024, which has been passed as per the directions of the Dispute Resolution Panel-2, New Delhi u/s 144C(5) of the Act, dated 11.06.2024. 2. The assessee is in appeal raising the following grounds of appeal: “1. Order

APL METALS LIMITED ,KOLKATA vs. ACIT, CENTRAL CIRCLE - 3(3), KOLKATA

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm I.T.A. No.297/Kol/2023 Assessment Years: 2018-19 Apl Metals Ltd. Vs. Income Tax Officer, National C/O, Subash Agarwal & Faceless Assessment Centre, Associates, Advocates, Siddha Delhi. Gibson, 1, Gibson Lane, Suite 213, 2Nd Floor, Kolkata- 700069. (Pan: Aacca4246P) (Appellant) (Respondent)

144B of the Act by Ld. ITO, National Faceless Assessment Centre, Delhi. 2. Assessee has raised following grounds of appeal: “1. For that on the facts and in the circumstances of the case, the Ld. CIT(A) was not justified in confirming the addition of Rs.57,49,01,910/- made by the A.O. on account of purchase of raw material

JAMSHEDPUR CONTINUOUS ANNEALING & PROCESSING COMPANY PVT. LTD.,KOLKATA vs. ITO, NATIONAL E-ASSESSMENT CENTRE, DELHI

In the result, both the appeals filed by the assessee in ITA No

Bench: Dr. Manish Borad&Shri Anikesh Banerjee]

144B of the Income Tax Act (brevity the Act) dated 25/10/2021in pursuant to the directions of Dispute Resolution Panel-2 (in brevity DRP), New Delhi, dated 13/09/2021 issued U/s 144C(5) of the Act pertains to Assessment years2017-18 & 2018-19. 2. At the outset both the appeals have the same nature and fact and have a common factual issue

JAMSHEDPUR CONTINUOUS ANNEALING & PROCESSING COMPANY PRIVATE LIMITED,KOLKATA vs. NATIONAL E-ASSESSMENT CENTRE, DELHI

In the result, both the appeals filed by the assessee in ITA No

Bench: Dr. Manish Borad&Shri Anikesh Banerjee]

144B of the Income Tax Act (brevity the Act) dated 25/10/2021in pursuant to the directions of Dispute Resolution Panel-2 (in brevity DRP), New Delhi, dated 13/09/2021 issued U/s 144C(5) of the Act pertains to Assessment years2017-18 & 2018-19. 2. At the outset both the appeals have the same nature and fact and have a common factual issue