E.C.BOSE & CO. PVT. LTD.,KOLKATA vs. D.C.I.T.,CIRCLE-11, KOLKATA

In the result, both the appeals of the assessee are treated as allowed for statistical purposes

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

disallowance under section 43B to the file of the Assessing Officer with a direction to verify as to whether the service tax collection had been routed by the assessee-company through its Profit & Loss Account and accordingly allow appropriate relief to the assessee on the issue keeping in view the 3 Assessment Year: 2008-2009 & Assessment Year

THE PEERLESS GENERAL FINANCE & INVESTMENT CO. LTD.,,KOLKATA vs. DCIT, CIRCLE - 3(1), KOLKATA, KOLKATA

In the result, appeal of the assessee in ITA No

Bench: Shri A.T. Varkey, J.M. & Dr.A.L.Saini, A.M.)

section 14A read with rule 8D will be applicable to assessee`s appeal in ITA No.937/Kol/2018, therefore, AO is directed to compute the disallowance as per the precedents cited above and discussion made (supra). 13. We shall take summarized and concise ground No.2, which reads as follows: “(2). Ground No. 3 raised by the Assessee in ITA No. 937/Kol/2018

THE PEERLESS GENERAL FINANCE & INVESTMENT CO. LTD.,,KOLKATA vs. DCIT, CIRCLE - 3(1), KOLKATA, KOLKATA

In the result, appeal of the assessee in ITA No

Bench: Shri A.T. Varkey, J.M. & Dr.A.L.Saini, A.M.)

section 14A read with rule 8D will be applicable to assessee`s appeal in ITA No.937/Kol/2018, therefore, AO is directed to compute the disallowance as per the precedents cited above and discussion made (supra). 13. We shall take summarized and concise ground No.2, which reads as follows: “(2). Ground No. 3 raised by the Assessee in ITA No. 937/Kol/2018

M/S. BLUEDIAMOND TRACOM PVT. LTD.,KOLKATA vs. I.T.O., WARD - 3(1), , KOLKATA

In the result, appeal of the assessee is allowed

Bench: SHRI DUVVURU RL REDDY (Vice President)

13A, Dacres Lane, 5th Floor, Room No.501, Kolkata PAN No. :AADCB 5095 Q (अपीलाथ" /Appellant) .. (""यथ" / Respondent) "नधा"रती क" ओर से /Assessee by : Shri Robin Maheshwari, ACA राज"व क" ओर से /Revenue by : None सुनवाई क" तार"ख / Date of Hearing : 07/10/2025 घोषणा क" तार"ख/Date of Pronouncement : 21/11/2025 आदेश / O R D E R The present

ACIT, CIRCLE - 32, KOLKATA , KOLKATA vs. SIDDHARTHA BHARGAVA, KOLKATA

In the result, the appeal of the revenue is dismissed

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

13A)] of section 10), due to or received by an assessee from an employer or a former employer or from a provident or other fund [***] to the extent to which it does not consist of contributions by the assessee or [interest on such contributions or any sum received under a keyman insurance policy including the sum allocated

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

disallowed under section 43B if the same is deposited before the due date of filing of the return of income. Respectfully following the said decision of the Hon’ble Jurisdictional High Court, we uphold the impugned order of the ld. CIT(Appeals) giving relief to the assessee on this issue and dismiss Ground No. 2 of the Revenue’s appeal

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

disallowed under section 43B if the same is deposited before the due date of filing of the return of income. Respectfully following the said decision of the Hon’ble Jurisdictional High Court, we uphold the impugned order of the ld. CIT(Appeals) giving relief to the assessee on this issue and dismiss Ground No. 2 of the Revenue’s appeal

SASHA ASSOCIATION FOR CRAFT PRODUCERS,KOLKATA vs. I.T.O., WARD - 1(3), EXEMPTION, KOLKATA, KOLKATA

Bench: Dr. Manish Borad & Shri Sonjoy Sarma]

disallowable and the assessment order is bad in law.” 3. Brief facts of the case are that the assessee filed its return of income A.Y. 2010-11 by declaring income as Nil. The assessment was completed u/s 143(3) of the Act. Subsequently, the case of the assessee was reopened u/s 148 of the Act by issuing notices under

DCIT, CIR-5(1), KOLKATA, KOLKATA vs. M/S HAMILTON & CO. LTD., KOLKATA

In the result, the appeal of the Revenue is dismissed

13A, New Road, Alipore, Chowringhee Square, Kolkata-700027. Kolkata-700069. PAN-AAACH8178B (Appellant) (Respondent) Appellant by Sh.Robin Choudhary, Addl.CIT Sr.DR Respondent by Sh. S.M.Surana, Advocate Date of Hearing 23.10.2018 Date of Pronouncement 16.11.2018 ORDER PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER This appeal by the Revenue against the order dated 09.07.2012 passed by CIT(A)-VI, Kolkata

SAMRAT FINVESTORS PRIVATE LIMITED. ,KOLKATA vs. ITO, WARD- 10(2),KOLKATA. , KOLKATA

In the result, appeal of the assessee is allowed

Bench: Shri Rajesh Kumar, Hon’Ble & Shri Sonjoy Sarma, Hon’Blei.T.A. No. 840/Kol/2023 Assessment Year: 2014-15 Samrat Finvestors Private Limited Income Tax Officer, Ward – 10(2), 20/1, Maharshi Debendra Vs Kolkata 2Nd Floor, Room No. 13A Kolkata - 700007 [Pan : Aadcs4698G] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Soumitra Choudhury, A/R Revenue By : Shri B.K. Singh, Jcit, Sr. D/R सुनवाई क" तारीख/Date Of Hearing : 14/12/2023 घोषणा क" तारीख /Date Of Pronouncement: 11/01/2024 आदेश/O R D E R Per Shri Rajesh Kumar: The Present Appeal Is Directed At The Instance Of The Assessee Against The Order Of The National Faceless Appeal Centre, Delhi, [Hereinafter The “Ld. Cit(A)”] Dt. 27/06/2023, Passed U/S 250 Of The Income Tax Act, 1961 (“The Act”) For The Assessment Year 2014-15. 2. The Assessee In The Instant Appeal Has Raised Two Effective Issues In The Various Grounds Before Us Which Are Summed Up As Under:- (I) That The Ld. Cit(A) Has Erred On Facts & In Law In Confirming The Disallowance Of Rs.3,98,50,208/- As Made By The Assessing Officer On Account Alleged Bogus Loss In Share Trading & In F&O Segment. (Ii) The Ld. Cit(A) Has Erred On Facts & In Law In Upholding The Addition Of Rs.11,58,944/- As Made By The Assessing

13A Kolkata - 700007 [PAN : AADCS4698G] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee by : Shri Soumitra Choudhury, A/R Revenue by : Shri B.K. Singh, JCIT, Sr. D/R सुनवाई क" तारीख/Date of Hearing : 14/12/2023 घोषणा क" तारीख /Date of Pronouncement: 11/01/2024 आदेश/O R D E R PER SHRI RAJESH KUMAR, ACCOUNTANT MEMBER : The present appeal is directed at the instance of the assessee

ITO, WD-6(3), KOLKATA, KOLKATA vs. M/S NATRAJ VINIMAY PVT. LTD., KOLKATA

In the result, the appeal of the revenue is dismissed

Bench: Hon’Ble Shri N.V.Vasudevan, Jm & Shri M.Balaganesh, Am ] I.T.A No. 1401/Kol/2016 Assessment Year : 2009-10 Ito, Ward-6(3), Kolkata -Vs- M/S Natraj Vinimay Pvt. Ltd. [Pan: Aaccn 4643 D] (Appellant) (Respondent)

disallowed the same in the assessment and allowed the same to be carried forward for future set off with speculation income. 4. The Ld. CIT(A) observed that since the income from other sources of Rs. 60,000/- is higher than the income from business as reported in the return, the explanation to Section 73 of the Act cannot

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

In the result, the appeal of the revenue is dismissed

Bench: Shri S.S.Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.58/Kol/2019 ("नधा"रणवष" / Assessment Year: 2014-15)

13A, Govt. Place East, 2nd Floor, Kolkata-700069. "थायीलेखासं./जीआइआरसं./PAN/GIR No.: AABCL 2668 M (Appellant) .. (Respondent) Appellant by : Shri Radhey Shyam, CIT DR Respondent by : None सुनवाईक"तार"ख/ Date of Hearing : 31/10/2019 घोषणाक"तार"ख/Date of Pronouncement : 13/11/2019 आदेश / O R D E R Per Bench: The captioned appeal filed by the Revenue, pertaining to assessment year

M/S. HAMILTON RESEARCH & TECHNOLOGY PVT. LTD.,KOLKATA vs. DCIT, CIRCLE-2, KOLKATA, KOLKATA

In the result the appeal of the assessee is dismissed

Bench: Hon’Ble Sri N.V.Vasudevan, Jm ] I.T.A No. 2240/Kol/2014 Assessment Year : 2006-07

disallowed the Appellant's claim of lower rate of Fringe Benefit Value at 5% on Tour & Travel and use of Hotel, Boarding facilities, on the ground that the lower rate of Fringe Benefit was available only to those Employers engaged in the business of manufacturer or production of Pharmaceuticals or Computer Software, whereas the Appellant was manufacturer of Microprocessor based

SAPOI TEA LIMITED ,KOLKATA vs. ITO, WARD-4(4) , KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Shri Rajesh Kumar]

disallowing the benefit of brought forward losses and unabsorbed depreciation while computing the tax liability u/s 115JB of the Income Tax Act, 1961 is unlawful. 4. For that the order passed by the Ld. CIT(A)-2 confirming the order passed by the Ld. ITO, Ward-4(4)/Kolkata along with the imposition of interest u/s 234A, 234B and 234C