ACIT, CENTRAL CIRCLE - 4(3), , KOLKATA vs. SRI DEVENDRA KUMAR MANTRI , KOLKATA

Bench: Shri S.S.Godara & Dr. A.L. Saini

unexplained money, bullion, jewellery, valuable article or any other asset", for the simple reason that no such asset had been identified either by the Ld.AO and no undisclosed asset came to light as a result of the search conducted by the Investigation Authorities. Accordingly the first limb i.e. (a), is not applicable to the facts of the present case

ACIT, CENTRAL CIRCLE - 4(3), , KOLKATA vs. SRI DEVENDRA KUMAR MANTRI , KOLKATA

Bench: Shri S.S.Godara & Dr. A.L. Saini

unexplained money, bullion, jewellery, valuable article or any other asset", for the simple reason that no such asset had been identified either by the Ld.AO and no undisclosed asset came to light as a result of the search conducted by the Investigation Authorities. Accordingly the first limb i.e. (a), is not applicable to the facts of the present case

SRI NARESH KUMAR SHARMA,KOLKATA vs. ITO, WARD - 48(3), KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Hon’Ble Shri P.M. Jagtap] I.T.A. No. 1486/Kol/2017 Assessment Year : 2012-13 Shri Naresh Kumar Sharma.............................…………………………………Appellant C/O Sri Jitendra Kaushik, Advocate, 19D, Muktaram Babuy Street, Kolkata - 700007 [Pan : Akups6148K] Income Tax Officer...................……………………………………………….......Respondent Ward 48(3) 3, Govt. Place (W) Kolkata - 700001 Appearances By: Shri Jitendra Kaushik, Advocate Appearing On Behalf Of The Assessee. Shri Robin Chowdhury, Addl. Cit Appearing On Behalf Of The Revenue. Date Of Concluding The Hearing : October 05, 2017 Date Of Pronouncing The Order : October 31, 2017 Order This Appeal Filed By The Assessee Is Directed Against The Order Of Ld. Cit (Appeals) 14, Kolkata, Dated 28.04.2017 & The Grounds Raised By The Assessee Therein Read As Under: 1. For That On The Facts & Circumstances Of The Case, The Ld. Cit (A) Erred In Law As Well As On Facts In Not Considering That The Ld. Assessing Officer Erred In Not Completing The Assessment By Applying The Provision Of Section 44Ae Of The Act, 1961 2. For That On The Facts & In The Circumstances Of The Case, Without Prejudice The Ground No 1 The Ld. Commissioner Of Income Tax (Appeals) Erred In Confirming The Addition Made By The Ld. Assessing Officer Of A Sum Of Rs. 21,52,648/- Under The Head ‘Undisclosed Income’.

money that admittedly is required in any financing operation. At this stage now he is trying to produce additional evidence without cause. The additional evidence cannot be introduced at this stage on account of the reasons discussed above. The AO, on the other hand, has been more than reasonable and allowed credit for notional depreciation, treating the amount of such

A.K. PROPERTIES PVT. LTD.,PURBA MEDINIPUR vs. I.T.O., WARD - 27(3), , HALDIA

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

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 2498/Kol/2024 Assessment Year: 2017-2018 A.K. Properties Pvt. Limited,………….…………Appellant Vill. Kalikakhali, P.O. + P.S. Math Cahndipur, Tamluk, Purba Medinipur-721659, West Bengal [Pan:Aagca4016P] -Vs.- Income Tax Officer,………………….…………...Respondent Ward-27(3), Haldia, Income Tax Office, Basudebpur, Talpukur, Khanjanchak, Haldia, Purba Medinipur-721101, W.B. Appearances By: Shri Anand Sen, A.R., Appeared On Behalf Of The Assessee Shri L.N. Dash, Addl. Cit(D.R.), Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: March 12, 2025 Date Of Pronouncing The Order: May 29, 2025 O R D E R

depreciation charges of Rs.16,142/-, interest on income tax return amounting to Rs.1,13,696/-, various expenditures of Rs.29,27,941/- and subscription & donation of Rs.27,600/-, which were remained unexplained. After considering 2 A.K. Properties Pvt. Limited the submissions made by the assessee, the ld. Assessing Officer concluded that the transactions made by the appellant were sham transactions

JALUIDANGA PASCHIM NASARATPUR SAMABY KRISHI UNNAYAN SAMITY LIMITED,BARDHAMAN, WEST BENGAL vs. INCOME TAX OPPFICER, WARD-1(3), BURDWAN

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

Depreciation allowable 71,141.00 23,26,196.00 Add:Disallowable Expenditure under section 36 of the Income Tax Act 1961 P.F 30,546.00 Provision for Bad & Doubtful debts 38,077.00 Provision for Leave Salary 5,00,000.00 Donation 20,000.00 Gift 18,600,.00 6,07,223.00 Add: Disallowable Expenditure under Section 37 Software purchase being capital 25,000.00 expenditure debited

THE BANK OF TOKYO-MITSUBISHI LIMITED,KOLKATA vs. ADIT, INT. TAX., KOLKATA

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

Bench: SHRI SATBEER SINGH GODARA (Judicial Member), SHRI S. RIFAUR RAHMAN (Accountant Member)

Depreciation allowable 71,141.00 23,26,196.00 Add:Disallowable Expenditure under section 36 of the Income Tax Act 1961 P.F 30,546.00 Provision for Bad & Doubtful debts 38,077.00 Provision for Leave Salary 5,00,000.00 Donation 20,000.00 Gift 18,600,.00 6,07,223.00 Add: Disallowable Expenditure under Section 37 Software purchase being capital 25,000.00 expenditure debited

ISHTIYAQUE AHMED,KOLKATA vs. DCIT/ACIT, CC-4(3),, KOLKATA

In the result, all the captioned appeals of the assessee are allowed

Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyita Nos.2066 To 2071/Kol/2025 Assessment Years: 2020-21, 2021-22, 2022-23, 2019-20, 2020-21 & 2022-23 Ishtiyaque Ahmed……...……………..………………….……….……….……Appellant 55, Narkeldanga North Road, Narkeldanga, Kol-11.. [Pan: Ajxpa4337L] Vs. Dcit/Acit, Cc-4(3), Kolkata.……….…………………….....……...…..…..Respondent Appearances By: Shri Manish Tiwari, Ar Appeared On Behalf Of The Appellant. Shri Subrata Aich, Addl. Cit, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : November 10, 2025 Date Of Pronouncing The Order : December 08, 2025 Order Per Pradip Kumar Choubey: The Captioned Appeals Have Been Preferred By The Assessee Against The Separate Orders Of The Commissioner Of Income Tax (Appeals)-27, Kolkata [Hereinafter Referred To As The “Cit(A)”] Passed U/S 250 Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”]. Ita Nos.2066 To 2068/Kol/2025 Are Pertaining To The Quantum Additions & Ita Nos.2069 To 2071/Kol/2025 Are Pertaining To Levying Of Penalty U/S 272A(1)(D) Of The Income Tax Act (Hereinafter Referred To As The ‘Act’) Respectively. Since The Issues Involved In All The Appeals Are Interconnected & Relate To The Same Assessee, Therefore, These Appeals Have Been Heard Together & Are Being Disposed Of By This Common Order.

money) and in support of his contention, the assessee also furnished copies of six rental agreements between his mother Ashma Bibi and six persons. On the basis of these information reassessment proceedings were initiated by the Assessing Officer by issuing notice u/s 148 of IT Act dated 13/01/2023 and the assessee filed his return of income in response to notice

ISHTIYAQUE AHMED,KOLKATA vs. DCIT/ACIT, CC-4(3),, KOLKATA

In the result, all the captioned appeals of the assessee are allowed

Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyita Nos.2066 To 2071/Kol/2025 Assessment Years: 2020-21, 2021-22, 2022-23, 2019-20, 2020-21 & 2022-23 Ishtiyaque Ahmed……...……………..………………….……….……….……Appellant 55, Narkeldanga North Road, Narkeldanga, Kol-11.. [Pan: Ajxpa4337L] Vs. Dcit/Acit, Cc-4(3), Kolkata.……….…………………….....……...…..…..Respondent Appearances By: Shri Manish Tiwari, Ar Appeared On Behalf Of The Appellant. Shri Subrata Aich, Addl. Cit, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : November 10, 2025 Date Of Pronouncing The Order : December 08, 2025 Order Per Pradip Kumar Choubey: The Captioned Appeals Have Been Preferred By The Assessee Against The Separate Orders Of The Commissioner Of Income Tax (Appeals)-27, Kolkata [Hereinafter Referred To As The “Cit(A)”] Passed U/S 250 Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”]. Ita Nos.2066 To 2068/Kol/2025 Are Pertaining To The Quantum Additions & Ita Nos.2069 To 2071/Kol/2025 Are Pertaining To Levying Of Penalty U/S 272A(1)(D) Of The Income Tax Act (Hereinafter Referred To As The ‘Act’) Respectively. Since The Issues Involved In All The Appeals Are Interconnected & Relate To The Same Assessee, Therefore, These Appeals Have Been Heard Together & Are Being Disposed Of By This Common Order.

money) and in support of his contention, the assessee also furnished copies of six rental agreements between his mother Ashma Bibi and six persons. On the basis of these information reassessment proceedings were initiated by the Assessing Officer by issuing notice u/s 148 of IT Act dated 13/01/2023 and the assessee filed his return of income in response to notice

ISHTIYAQUE AHMED,KOLKATA vs. DCIT/ACIT, CC - 4(3),, KOLKATA

In the result, all the captioned appeals of the assessee are allowed

Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyita Nos.2066 To 2071/Kol/2025 Assessment Years: 2020-21, 2021-22, 2022-23, 2019-20, 2020-21 & 2022-23 Ishtiyaque Ahmed……...……………..………………….……….……….……Appellant 55, Narkeldanga North Road, Narkeldanga, Kol-11.. [Pan: Ajxpa4337L] Vs. Dcit/Acit, Cc-4(3), Kolkata.……….…………………….....……...…..…..Respondent Appearances By: Shri Manish Tiwari, Ar Appeared On Behalf Of The Appellant. Shri Subrata Aich, Addl. Cit, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : November 10, 2025 Date Of Pronouncing The Order : December 08, 2025 Order Per Pradip Kumar Choubey: The Captioned Appeals Have Been Preferred By The Assessee Against The Separate Orders Of The Commissioner Of Income Tax (Appeals)-27, Kolkata [Hereinafter Referred To As The “Cit(A)”] Passed U/S 250 Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”]. Ita Nos.2066 To 2068/Kol/2025 Are Pertaining To The Quantum Additions & Ita Nos.2069 To 2071/Kol/2025 Are Pertaining To Levying Of Penalty U/S 272A(1)(D) Of The Income Tax Act (Hereinafter Referred To As The ‘Act’) Respectively. Since The Issues Involved In All The Appeals Are Interconnected & Relate To The Same Assessee, Therefore, These Appeals Have Been Heard Together & Are Being Disposed Of By This Common Order.

money) and in support of his contention, the assessee also furnished copies of six rental agreements between his mother Ashma Bibi and six persons. On the basis of these information reassessment proceedings were initiated by the Assessing Officer by issuing notice u/s 148 of IT Act dated 13/01/2023 and the assessee filed his return of income in response to notice

ISHTIYAQUE AHMED,KOLKATA vs. DCIT/ACIT, CC-4(3), KOLKATA

In the result, all the captioned appeals of the assessee are allowed

Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyita Nos.2066 To 2071/Kol/2025 Assessment Years: 2020-21, 2021-22, 2022-23, 2019-20, 2020-21 & 2022-23 Ishtiyaque Ahmed……...……………..………………….……….……….……Appellant 55, Narkeldanga North Road, Narkeldanga, Kol-11.. [Pan: Ajxpa4337L] Vs. Dcit/Acit, Cc-4(3), Kolkata.……….…………………….....……...…..…..Respondent Appearances By: Shri Manish Tiwari, Ar Appeared On Behalf Of The Appellant. Shri Subrata Aich, Addl. Cit, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : November 10, 2025 Date Of Pronouncing The Order : December 08, 2025 Order Per Pradip Kumar Choubey: The Captioned Appeals Have Been Preferred By The Assessee Against The Separate Orders Of The Commissioner Of Income Tax (Appeals)-27, Kolkata [Hereinafter Referred To As The “Cit(A)”] Passed U/S 250 Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”]. Ita Nos.2066 To 2068/Kol/2025 Are Pertaining To The Quantum Additions & Ita Nos.2069 To 2071/Kol/2025 Are Pertaining To Levying Of Penalty U/S 272A(1)(D) Of The Income Tax Act (Hereinafter Referred To As The ‘Act’) Respectively. Since The Issues Involved In All The Appeals Are Interconnected & Relate To The Same Assessee, Therefore, These Appeals Have Been Heard Together & Are Being Disposed Of By This Common Order.

money) and in support of his contention, the assessee also furnished copies of six rental agreements between his mother Ashma Bibi and six persons. On the basis of these information reassessment proceedings were initiated by the Assessing Officer by issuing notice u/s 148 of IT Act dated 13/01/2023 and the assessee filed his return of income in response to notice

ISHTIYAQUE AHMED,KOLKATA vs. DCIT/ACIT, CC-4(3),, KOLKATA

In the result, all the captioned appeals of the assessee are allowed

Bench: Shri Rajesh Kumar & Shri Pradip Kumar Choubeyita Nos.2066 To 2071/Kol/2025 Assessment Years: 2020-21, 2021-22, 2022-23, 2019-20, 2020-21 & 2022-23 Ishtiyaque Ahmed……...……………..………………….……….……….……Appellant 55, Narkeldanga North Road, Narkeldanga, Kol-11.. [Pan: Ajxpa4337L] Vs. Dcit/Acit, Cc-4(3), Kolkata.……….…………………….....……...…..…..Respondent Appearances By: Shri Manish Tiwari, Ar Appeared On Behalf Of The Appellant. Shri Subrata Aich, Addl. Cit, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : November 10, 2025 Date Of Pronouncing The Order : December 08, 2025 Order Per Pradip Kumar Choubey: The Captioned Appeals Have Been Preferred By The Assessee Against The Separate Orders Of The Commissioner Of Income Tax (Appeals)-27, Kolkata [Hereinafter Referred To As The “Cit(A)”] Passed U/S 250 Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”]. Ita Nos.2066 To 2068/Kol/2025 Are Pertaining To The Quantum Additions & Ita Nos.2069 To 2071/Kol/2025 Are Pertaining To Levying Of Penalty U/S 272A(1)(D) Of The Income Tax Act (Hereinafter Referred To As The ‘Act’) Respectively. Since The Issues Involved In All The Appeals Are Interconnected & Relate To The Same Assessee, Therefore, These Appeals Have Been Heard Together & Are Being Disposed Of By This Common Order.

money) and in support of his contention, the assessee also furnished copies of six rental agreements between his mother Ashma Bibi and six persons. On the basis of these information reassessment proceedings were initiated by the Assessing Officer by issuing notice u/s 148 of IT Act dated 13/01/2023 and the assessee filed his return of income in response to notice

ISHTIYAQUE AHMED,KOLKATA vs. DCIT/ACIT, CC-4(3),, KOLKATA

In the result, all the captioned appeals of the assessee are allowed

money) and in support of his contention,\nthe assessee also furnished copies of six rental agreements between his\nmother Ashma Bibi and six persons. On the basis of these information\nreassessment proceedings were initiated by the Assessing Officer by\nissuing notice u/s 148 of IT Act dated 13/01/2023 and the assessee\nfiled his return of income in response to notice

RAGHUVIR RETAILERS PVT. LTD.,KOLKATA vs. PCIT-2, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm Pcit-2 Raghuvir Retailers Pvt. Ltd. Aaykar Bhavan P-7, Mandawa Shikhar, 151, Sarat Chowringhee Square, Kolkata- Bose Road, Kolkata-700026, Vs. 700069, West Bengal West Bengal (Respondent) (Appellant) Pan No. Aaecr8231M Assessee By : Shri S.M. Surana, Ar Revenue By : Shri Subhendu Datta, Dr Date Of Hearing: 19.12.2024 Date Of Pronouncement : 11.02.2024

unexplained money u/s 69A of the Act in the assessment framed u/s 147 of the Act dated 28.09.2021, received from two parties i.e. M/s Dhanlaxmi Trading Company & M/s City Sarees. 04. The ld. PCIT thereafter on perusal of the assessment order noted that the assessment u/s 147 of the Act was based on the information that assessee has received money

ACIT, CENTRAL CIRCLE - 4(3) , KOLKATA vs. SMT. TANUJA MANTRI , KOLKATA

Appeals are dismissed

Bench: Shri S.S.Godara & Dr. A.L. Saini

unexplained money, bullion, jewellery, valuable article or any other asset", for the simple reason that no such asset had been identified either by the Ld.AO and no undisclosed asset came to light as a result of the search conducted by the Investigation Authorities. Accordingly the first limb i.e. (a), is not applicable to the facts of the present case

ACIT, CENTRAL CIRCLE - 4(3) , KOLKATA vs. SMT. TANUJA MANTRI , KOLKATA

Appeals are dismissed

Bench: Shri S.S.Godara & Dr. A.L. Saini

unexplained money, bullion, jewellery, valuable article or any other asset", for the simple reason that no such asset had been identified either by the Ld.AO and no undisclosed asset came to light as a result of the search conducted by the Investigation Authorities. Accordingly the first limb i.e. (a), is not applicable to the facts of the present case

SRI. BIJOY SHRIBASTAB, PROP. ISHA ENTERPRISE.,DURGAPUR vs. I.T.O, WARD-2(4), DURGAPUR (PREVIOUSLY I.T.O,WD-1(3)/DGP)., DURGAPUR

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

Bench: Hon’Ble Shri A.T.Varkey, Jm & Shri M.Balaganesh, Am] I.T.A No. 605/Kol/2013 Assessment Year : 2009-10

unexplained money belonging to the assessee. The ld AO accordingly found that the peak credit balance in the said undisclosed bank account was Rs 16,03,470/- on 8.9.2008 and the same was added as income from undisclosed sources. In addition to this, the ld AO also treated the entire deposits in the disclosed 6 bank accounts as undisclosed income

D.C.I.T CIR - 3,ASANSOL, ASANSOL vs. M/S SANJAY TRANSPORT AGENCY, BURDWAN

In the result, Revenue’s appeal stands dismissed

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmedassessment Year:-2009-10 Dcit, Circle-3, Asansol V/S. M/S Sanjay Transport At “Parmar Building”, Agency, 41, N.S.B. 54, G.T. Road (West), Road, Raniganj-713 347 Asansol-713 304 Burdwan [Pan No.Aavfs 6659 N] .. अपीलाथ" /Appellant ""यथ"/Respondent

Unexplained moneys (Admission in sworn statement) - Assessment years 2001-02 to 2007-08 - Assessing Officer made additions as undisclosed income on basis of sworn statements of assessee during search and seizure - Assessee made out an issue that submissions of certain materials by him were not considered by Assessing Officer - However assessee himself stated in sworn statement that he had separate

DCIT, CIRCLE-1, DURGAPUR, DURGAPUR vs. DEBEANJANA HARD COKE PRIVATE LIMITED, HETEDOBA

In the result, appeal filed by the Revenue is dismissed

Bench: the appellate proceedings or in the course of appellate proceedings.”

unexplained cash credit in respect of application of money, addition of Rs. 1,68,648/- on account of disallowance of excess depreciation