PCB ENTERPRISE PVT. LTD. ,KOLKATA vs. DCIT, CC 2(2). , KOLKATA

In the result, appeal of the assessee is allowed

Bench: Shri Sanjay Garg, Hon’Ble & Dr. Manish Borad, Hon’Blei.T.A. No. 325/Kol/2023 Assessment Year: 2014-15 Pcb Enterprise Pvt. Ltd. Deputy Commissioner Of Income 23A, 4Th Floor Vs Tax, Central Circle-2, Kolkata Netaji Subash Road Kolkata - 700001 [Pan : Aabcp8195K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Miraj D. Shah, A/R Revenue By : Shri P.P. Barman, Addl. Cit, D/R सुनवाई क" तारीख/Date Of Hearing : 23/05/2023 घोषणा क" तारीख /Date Of Pronouncement: 06/06/2023 आदेश/O R D E R Per Dr. Manish Borad: This Is The Appeal Preferred By The Assessee Against The Order Of The National Faceless Appeal Centre (Nfac), Kolkata (Hereinafter Referred To As The Ld. Cit(A)”], Passed U/S 250 Of The Income-Tax Act, 1961 (Hereinafter The ‘Act’), Dated 08/02/2023 For The Assessment Year 2014-15. 2. The Sole Issue Which Arises For Our Adjudication Relates To The Confirmation Of Disallowance Of Expense U/S 14A R.W.R. 8D At Rs.1,92,506/- Being Exempt Income Earned During The Year. 3. The Ld. Counsel For The Assessee Submitted That The Ld. Cit(A) Has Passed An Ex-Parte Order Without Disposing The Appeal Of The Assessee On Merits. He Further Submitted That, The Ld. Assessing Officer Has Wrongly Computed The Amount Of Disallowance Of Expenses Of Rs. 1,92,506/- Relating To Dividend Income Earned During The Year Whereas, The Assessee Has In Fact Earned Only Rs.72,332/- As Dividend Income.

23A, 4th Floor Vs Tax, Central Circle-2, Kolkata Netaji Subash Road Kolkata - 700001 [PAN : AABCP8195K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee by : Shri Miraj D. Shah, A/R Revenue by : Shri P.P. Barman, Addl. CIT, D/R सुनवाई क" तारीख/Date of Hearing : 23/05/2023 घोषणा क" तारीख /Date of Pronouncement: 06/06/2023 आदेश/O R D E R PER DR. MANISH BORAD, ACCOUNTANT

THE BANK EMPLOYEES CO OPERATIVE BANK LTD.,KOLKATA vs. DCIT, CIR-36, , KOLKATA

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) & Shri Rajesh Kumari.T.A. No. 362/Kol/2025 Assessment Year: 2011-2012 The Bank Employees Cooperative Bank Limited,………………………………………………….Appellant 23A, Netaji Subhas Road, Kolkata-700001 [Pan:Aabat5298D] -Vs.- Deputy Commissioner Of Income Tax,..…….Respondent Circle-36, Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107 Appearances By: Shri Sanbarta Koley, Fca, Appeared On Behalf Of The Assessee Ms. Archana Gupta, Addl. Cit, Sr. D.R., Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: August 07, 2025 Date Of Pronouncing The Order: October 31, 2025 O R D E R

23A, Netaji Subhas Road, Kolkata-700001 [PAN:AABAT5298D] -Vs.- Deputy Commissioner of Income Tax,..…….Respondent Circle-36, Kolkata, Aayakar Bhawan Poorva, 110, Shantipally, Kolkata-700107 Appearances by: Shri Sanbarta Koley, FCA, appeared on behalf of the assessee Ms. Archana Gupta, Addl. CIT, Sr. D.R., appeared on behalf of the Revenue Date of concluding the hearing: August 07, 2025 Date

I.T.O, WARD-6(1), KOL, KOLKATA vs. SRI DINESH KUMAR GOYAL , KOLKATA

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

Bench: Sri Rajesh Kumar & Sonjoy Sarma

section of the IT Act or in any accounting standards prescribed. The factual evidence of there being any cause of concern in the sundry creditors such an investigation done, field enquiries of the AO or of other agencies is also missing. 4.3.3. As the appellant pointed out in his remarks on the remand report dt: 10/01/2016(received in the erstwhile

FAST-N-PERFECT COMMERCIAL PVT LTD,KOLKATA vs. I.T.O. WARD-5(4), KOLKATA

In the result, the appeal filed by the assessee is dismissed in limine

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) & Shri Rajesh Kumari.T.A. No. 1215/Kol/2025 Assessment Year: 2012-2013 Fast-N-Perfect Commercial Pvt. Limited,….…Appellant 23A, N.S. Road, 3Rd Floor, Room No. 10, Kolkata-700001, West Bengal [Pan:Aaacf3691B] -Vs.- Income Tax Officer,………………………...…….Respondent Ward-5(4), Kolkata, Aayakar Bhawan, 6Th Floor, Room No. 27, P-7, Chowringhee Square, Kolkata-700069 Appearances By: Shri Vijay Kumar Singhal, Ca, Appeared On Behalf Of The Assessee Shri Raja Sengupta, Cit, D.R., Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: August 06, 2025 Date Of Pronouncing The Order: October 14, 2025 O R D E R

section 68 of I.T. Act. From the record, it is seen that the assessee has shown Rs. 306,44,75,000/- as current investments in equity as on 31.03.2012. There was no such investment made by the assessee as on 31.03.2011. However, no disallowance u/s.14A of the I.T. Act, 1961 was computed by the assessee against this income. Further, administrative

DCIT, KOLKATA vs. HIMADRI SPECIALITY CHEMICAL LIMITED, KOLKATA

In the result, the appeal of the Revenue is dismissed

23A,\nN.S. Road, Kolkata-70001,\nWest Bengal\n(Respondent)\nPAN No. AAACH7475H\nAssessee by\nRevenue by\nShri S.K. Tulsiyan&\nMs. Puja Somani, ARS\nShri Praveen Kishore, DR\nDate of hearing:\n12.02.2026\nDate of pronouncement:\n17.02.2026\nORDER\nPer Rajesh Kumar, AM:\nThis is an appeal preferred by the Revenue against the order of the Commissioner of Income-tax (Appeals), Kolkata

S.K.DEVELOPMENT PVT. LTD.,KOLKATA vs. D.C.I.T.,CIRCLE-5(1), KOLKATA

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

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2013-14 S. K. Development Private Deputycommissioner Of Limited. Income-Tax,Circle- 5(1), Vs. 23A, N. S. Road, 10Th Floor, Kolkata. Kolkata-700001. (Pan: Aadcs7398K) (Appellant) (Respondent)

23A, N. S. Road, 10th Floor, Kolkata. Kolkata-700001. (PAN: AADCS7398K) (Appellant) (Respondent) Present for: Appellant by : Shri Manish Tiwari, AR Respondent by :Shri Vijay Kumar, Addl. CIT Date of Hearing : 27.04.2023 Date of Pronouncement : 09.05.2023 O R D E R PER GIRISH AGRAWAL, ACCOUNTANT MEMBER: This captioned appeal filed by the assessee is against the order