JCIT, (OSD), CIR-4(1), KOLKATA, KOLKATA vs. M/S JAY SHREE TEA & INDUSTRIES LTD., KOLKATA

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.736 & 737/Kol/2016 ("नधा"रणवष" / Assessment Years: 2009-10 & 2012-13) Jcit (Osd), Cir-4(1), Kolkata Vs. M/S. Jay Shree Tea & Industries Ltd. P-7, Chowringhee Square, 10, Camac Street, Industry House, 15Th Floor, Kolkata – Kolkata – 700 069. 700 017. "थायीलेखासं./जीआइआरसं./Pan/Gir No. : Aaacj 7788 D (Appellant) .. (Respondent)

disallowance computed in reassessment proceedings at Rs.5,06,72,445/-, to arrive at the net disallowance to the tune of Rs.3

JCIT, (OSD), CIR-4(1), KOLKATA, KOLKATA vs. M/S JAY SHREE TEA & INDUSTRIES LTD., KOLKATA

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.736 & 737/Kol/2016 ("नधा"रणवष" / Assessment Years: 2009-10 & 2012-13) Jcit (Osd), Cir-4(1), Kolkata Vs. M/S. Jay Shree Tea & Industries Ltd. P-7, Chowringhee Square, 10, Camac Street, Industry House, 15Th Floor, Kolkata – Kolkata – 700 069. 700 017. "थायीलेखासं./जीआइआरसं./Pan/Gir No. : Aaacj 7788 D (Appellant) .. (Respondent)

disallowance computed in reassessment proceedings at Rs.5,06,72,445/-, to arrive at the net disallowance to the tune of Rs.3

M/S. EASTERN SUGAR & INDUSTRIES LTD.,KOLKATA vs. ACIT, CENTRAL CIRCLE - XI, KOLKATA, KOLKATA

In the result, appeals filed by the assessee on grounds No

Bench: Shri N.V.Vasudevan & Dr. A.L.Saini, Am आयकर अपील सं./Ita No.1950/Kol/2010 ("नधा"रण वष" / Assessment Year :2004-2005) M/S Eastern Sugar & Vs. Acit, Cc-Xi, Kolkata, Industries Ltd., C/O M/S Poddar Court Building, Salarpuria Jajodia & Co., 7, 18, Rabindra Sarani, C.R.Avenue, Kolkata- Kolkata-700001 700072 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabce 2944 F .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./Ita No.1951/Kol/2010 ("नधा"रण वष" / Assessment Year :2006-2007) M/S Eastern Sugar & Vs. Acit, Cc-Xi, Kolkata, Industries Ltd., C/O M/S Poddar Court Building, Salarpuria Jajodia & Co., 7, 18, Rabindra Sarani, C.R.Avenue, Kolkata- Kolkata-700001 700072 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabce 2944 F .. (अपीलाथ" /Appellant) (""यथ" / Respondent) "नधा"रती क" ओर से /Assessee By : Shri S.K.Tulsiyan, Advocate राज"व क" ओर से /Revenue By : Shri Pinaki Mukherji, Jcit, Sr.Dr सुनवाई क" तार"ख / Date Of Hearing : 02/02/2017 घोषणा क" तार"ख/Date Of Pronouncement 15/02/2017 आदेश / O R D E R Per Dr. Arjun Lal Saini, Am: The Captioned Two Appeals Filed By The Assessee, Pertaining To The Assessment Years 2004-2005 & 2006-07, Are Directed Against The Order Passed By Ld. Commissioner Of Income Tax (Appeals), Central-I, Kolkata, In Appeal No.434/Cc-Iv/Cit(A),C-I/08-09, Dated 05.08.2010 & Appeal No.433/Cc-Xi/Cit(A),C-I/08-09, Dated 11.08.2010, Respectively Which In Turn Arises Out Of An Assessment Order Passed By The Assessing Officer M/S. Eastern Sugar & Industries Ltd. (Ao) Under Section 143 (3) Of The Income Tax Act 1961, (Hereinafter

reassessment proceedings, following observations were made :- That the assessee has been claiming depreciation on P&M (Plant & Machinery). In A.Y 2002-03 and A.Y 2003-04. In A.Y 2003-03 the depreciation was disallowed

M/S. EASTERN SUGAR & INDUSTRIES LTD.,KOLKATA vs. ACIT, CENTRAL CIRCLE - XI, KOLKATA, KOLKATA

In the result, appeals filed by the assessee on grounds No

Bench: Shri N.V.Vasudevan & Dr. A.L.Saini, Am आयकर अपील सं./Ita No.1950/Kol/2010 ("नधा"रण वष" / Assessment Year :2004-2005) M/S Eastern Sugar & Vs. Acit, Cc-Xi, Kolkata, Industries Ltd., C/O M/S Poddar Court Building, Salarpuria Jajodia & Co., 7, 18, Rabindra Sarani, C.R.Avenue, Kolkata- Kolkata-700001 700072 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabce 2944 F .. (अपीलाथ" /Appellant) (""यथ" / Respondent) & आयकर अपील सं./Ita No.1951/Kol/2010 ("नधा"रण वष" / Assessment Year :2006-2007) M/S Eastern Sugar & Vs. Acit, Cc-Xi, Kolkata, Industries Ltd., C/O M/S Poddar Court Building, Salarpuria Jajodia & Co., 7, 18, Rabindra Sarani, C.R.Avenue, Kolkata- Kolkata-700001 700072 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabce 2944 F .. (अपीलाथ" /Appellant) (""यथ" / Respondent) "नधा"रती क" ओर से /Assessee By : Shri S.K.Tulsiyan, Advocate राज"व क" ओर से /Revenue By : Shri Pinaki Mukherji, Jcit, Sr.Dr सुनवाई क" तार"ख / Date Of Hearing : 02/02/2017 घोषणा क" तार"ख/Date Of Pronouncement 15/02/2017 आदेश / O R D E R Per Dr. Arjun Lal Saini, Am: The Captioned Two Appeals Filed By The Assessee, Pertaining To The Assessment Years 2004-2005 & 2006-07, Are Directed Against The Order Passed By Ld. Commissioner Of Income Tax (Appeals), Central-I, Kolkata, In Appeal No.434/Cc-Iv/Cit(A),C-I/08-09, Dated 05.08.2010 & Appeal No.433/Cc-Xi/Cit(A),C-I/08-09, Dated 11.08.2010, Respectively Which In Turn Arises Out Of An Assessment Order Passed By The Assessing Officer M/S. Eastern Sugar & Industries Ltd. (Ao) Under Section 143 (3) Of The Income Tax Act 1961, (Hereinafter

reassessment proceedings, following observations were made :- That the assessee has been claiming depreciation on P&M (Plant & Machinery). In A.Y 2002-03 and A.Y 2003-04. In A.Y 2003-03 the depreciation was disallowed

DCIT, CC-XXVII, KOLKATA, KOLKATA vs. SRI SATYANARAYAN PANDEY, HOWRAH

In the result, the appeal filed by the Revenue, is dismissed

disallowed and therefore, reassessment proceedings were initiated and notice under section 147/148 of the Act was issued by the assessing

JCIT (OSD), CIR-11(1), KOLKATA, KOLKATA vs. M/S KHAITAN INDIA LTD., KOLKATA

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

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

reassessment it will be noted that the Assessing Officer made a disallowance of Rs.6,70,554 stating that the said

JCIT (OSD), CIR-11(1), KOLKATA, KOLKATA vs. M/S KHAITAN INDIA LTD., KOLKATA

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

Bench: Shri A. T. Varkey, Jm & Dr. A. L. Saini, Am]

reassessment it will be noted that the Assessing Officer made a disallowance of Rs.6,70,554 stating that the said

M/S AKANKSHA VINIYOG LTD. vs. C.I.T. I, KOLKATA

In the result, the appeal of the assessee is allowed

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

disallowance of depreciation of Rs. 80,192/- and completed the reassessment u/s 147 / 143(3) of the Act on 30.11.2011. 4. The ld CIT issued

M/S. DILIP KUMAR DAS & SONS,KOLKATA vs. DCIT, CIR-I(1), JALPAIGURI, JALPAIGURI

In the result, appeal of the assessee for Assessment Year 2013-14

Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Ble

reassessment making disallowance as noted above u/s 40(a)(ia) and section 40A(3) of the Act as well as addition

M/S. DILIP KUMAR DAS & SONS,KOLKATA vs. DCIT, CIR-I(1), JALPAIGURI, JALPAIGURI

In the result, appeal of the assessee for Assessment Year 2013-14

Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Ble

reassessment making disallowance as noted above u/s 40(a)(ia) and section 40A(3) of the Act as well as addition

A.C.I.T.,CIRCLE-1(2), JALPAIGURI vs. M/S. DILIP KUMAR DAS & SONS, KOLKATA

In the result, appeal of the assessee for Assessment Year 2013-14

Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Ble

reassessment making disallowance as noted above u/s 40(a)(ia) and section 40A(3) of the Act as well as addition

DCIT, CIR-3(2), GANGTOK, AAYAKAR BHAWAN BHANUPATH ROAD NEAR WHITE HALL GANGTOK vs. HEINZ INDIA PRIVATE LIMITED, SIKKIM

The appeal of the revenue is dismissed and cross-objection of the assessee is allowed

Bench: Shri Rajesh Kumar (Accountant Member), Shri Sonjoy Sarma (Judicial Member)

disallowance of ESOP/RSU of Rs.1,23,58,072/- and restriction or deduction claimed u/s 80IC to Rs.102,02,10,934/- as against claim of Rs.102,80,88,016/-. While initiating the reassessment

MACKINTOSH BURN LTD., ,KOLKATA vs. DCIT, CIRCLE - 11(2), KOLKATA , KOLKATA

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

Bench: Shri S. S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1736/Kol/2017 ("नधा"रणवष" / Assessment Year: 2007-08)

disallow the claim of repairs on building. Therefore, we note that there was no new material on record before the AO to support reopening of assessment under section 147 of the Act in the instant case. In fact, the AO in the reassessment

ACIT, CIR-35, KOLKATA, KOLKATA vs. SMT MADHU DEVI SARAF, KOLKATA

In the result, the appeal of the Revenue is dismissed

Bench: Hon’Ble Shri M.Balaganesh, Am & Shri S.S.Viswanethra Ravi, Jm] I.T.A No. 1325/Kol/2015 Assessment Year : 2010-11 Acit, Circle-35, Kolkata -Vs- Smt. Madhu Devi Saraf [Pan: Alips 0989 F] (Appellant) (Respondent)

disallowance made u/s 14A of the Act in the original assessment, the Ld. AO reopened the assessment u/s 147 of the Act. In the reassessment

SHRI HARTAJ SEWA SINGH,KOLKATA vs. ACIT(IT), CIRCLE - 1(1), KOLKATA, KOLKATA

Appeal is allowed

Bench: Hon’Ble Shri S.S. Godara, Jm & Shri M.Balaganesh, Am ] I.T.A No. 1524/Kol/2018 Assessment Year : 2010-11

reassessment framed on 27.12.2017 disallowing / adding the above sum along with section 68 addition of Rs. 75 lacs pertaining to gifts

ITO, WARD-1(4), BURDWAN, BURDWAN vs. SHRI BISHNU GHOSH, BURDWAN

In the result, the appeal of revenue is dismissed

Bench: "ी जे. सुधाकर रे"डी, लेखा सद"य एवं/And "ी ऐ. ट". वक", "यायीक सद"य) [Before Shri J. Sudhakar Reddy, Am & Shri A. T. Varkey, Jm]

reassessment for examining the disallowability of labour charges of Rs.45,76,900/- and job work charges of Rs.23,27,800/- as there

M/S. PROTEX COMMERCIAL PVT. LTD.,,KOLKATA vs. ITO, WARD - 5(2), KOLKATA, KOLKATA

Appeals are partly allowed for statistical purposes in above terms

Bench: Hon’Ble Shri S.S. Godara, Jm & Shri A.L. Saini, Am ] I.T.A No. 2013/Kol/2017 Assessment Year : 2009-10 M/S Ancient Nirmaan Pvt. Ltd. -Vs- Ito,Ward-6(2), Kolkata [Pan: Aahca 2016 L] (Appellant) (Respondent) I.T.A No. 2014/Kol/2017 Assessment Year : 2009-10 M/S Swift Tracom Pvt. Ltd. -Vs- Ito, Ward-5(1), Kolkata [Pan: Aamcs 0353 B] (Appellant) (Respondent) I.T.A No. 2015/Kol/2017 Assessment Year : 2009-10 M/S Devraj Sales Pvt. Ltd. -Vs- Ito, Ward-6(1), Kolkata [Pan: Aadcd 0233 G] (Appellant) (Respondent) I.T.A No. 2016/Kol/2017 Assessment Year : 2009-10 M/S Simplex Commotrade Pvt. Ltd. -Vs- Ito, Ward-5(1), Kolkata [Pan: Aamcs 3520 J] (Appellant) (Respondent) I.T.A No. 2017/Kol/2017 Assessment Year : 2009-10 M/S Protex Commercial Pvt. Ltd. -Vs- Ito, Ward-5(2), Kolkata [Pan: Aaecp 6929 J] (Appellant) (Respondent) I.T.A No. 2018/Kol/2017 Assessment Year : 2009-10 M/S Prabhakar Vanijya Pvt. Ltd. -Vs- Ito, Ward-5(2), Kolkata [Pan: Aaecp 76663 H] (Appellant) (Respondent)

disallowed. He accordingly framed reassessment on 01.11.2011 determining total taxable income at Rs. 27,416/-. 4. Case file suggests that

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

Appeals are partly allowed for statistical purposes in above terms

Bench: Hon’Ble Shri S.S. Godara, Jm & Shri A.L. Saini, Am ] I.T.A No. 2013/Kol/2017 Assessment Year : 2009-10 M/S Ancient Nirmaan Pvt. Ltd. -Vs- Ito,Ward-6(2), Kolkata [Pan: Aahca 2016 L] (Appellant) (Respondent) I.T.A No. 2014/Kol/2017 Assessment Year : 2009-10 M/S Swift Tracom Pvt. Ltd. -Vs- Ito, Ward-5(1), Kolkata [Pan: Aamcs 0353 B] (Appellant) (Respondent) I.T.A No. 2015/Kol/2017 Assessment Year : 2009-10 M/S Devraj Sales Pvt. Ltd. -Vs- Ito, Ward-6(1), Kolkata [Pan: Aadcd 0233 G] (Appellant) (Respondent) I.T.A No. 2016/Kol/2017 Assessment Year : 2009-10 M/S Simplex Commotrade Pvt. Ltd. -Vs- Ito, Ward-5(1), Kolkata [Pan: Aamcs 3520 J] (Appellant) (Respondent) I.T.A No. 2017/Kol/2017 Assessment Year : 2009-10 M/S Protex Commercial Pvt. Ltd. -Vs- Ito, Ward-5(2), Kolkata [Pan: Aaecp 6929 J] (Appellant) (Respondent) I.T.A No. 2018/Kol/2017 Assessment Year : 2009-10 M/S Prabhakar Vanijya Pvt. Ltd. -Vs- Ito, Ward-5(2), Kolkata [Pan: Aaecp 76663 H] (Appellant) (Respondent)

disallowed. He accordingly framed reassessment on 01.11.2011 determining total taxable income at Rs. 27,416/-. 4. Case file suggests that

M/S. DEVRAJ SALES PVT. LTD.,,KOLKATA vs. ITO, WARD - 6(1), KOLKATA, KOLKATA

Appeals are partly allowed for statistical purposes in above terms

Bench: Hon’Ble Shri S.S. Godara, Jm & Shri A.L. Saini, Am ] I.T.A No. 2013/Kol/2017 Assessment Year : 2009-10 M/S Ancient Nirmaan Pvt. Ltd. -Vs- Ito,Ward-6(2), Kolkata [Pan: Aahca 2016 L] (Appellant) (Respondent) I.T.A No. 2014/Kol/2017 Assessment Year : 2009-10 M/S Swift Tracom Pvt. Ltd. -Vs- Ito, Ward-5(1), Kolkata [Pan: Aamcs 0353 B] (Appellant) (Respondent) I.T.A No. 2015/Kol/2017 Assessment Year : 2009-10 M/S Devraj Sales Pvt. Ltd. -Vs- Ito, Ward-6(1), Kolkata [Pan: Aadcd 0233 G] (Appellant) (Respondent) I.T.A No. 2016/Kol/2017 Assessment Year : 2009-10 M/S Simplex Commotrade Pvt. Ltd. -Vs- Ito, Ward-5(1), Kolkata [Pan: Aamcs 3520 J] (Appellant) (Respondent) I.T.A No. 2017/Kol/2017 Assessment Year : 2009-10 M/S Protex Commercial Pvt. Ltd. -Vs- Ito, Ward-5(2), Kolkata [Pan: Aaecp 6929 J] (Appellant) (Respondent) I.T.A No. 2018/Kol/2017 Assessment Year : 2009-10 M/S Prabhakar Vanijya Pvt. Ltd. -Vs- Ito, Ward-5(2), Kolkata [Pan: Aaecp 76663 H] (Appellant) (Respondent)

disallowed. He accordingly framed reassessment on 01.11.2011 determining total taxable income at Rs. 27,416/-. 4. Case file suggests that