DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. AMAR KUMAR AGARAWAL, KOLKATA

In the result, the appeals of the assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money of the assessee as per section 69A of the Act and opined that the assessee had failed to explain the nature & sources of such receipts. It is apposite to mention that total unaccounted sales cannot be treated as undisclosed income in the hands of the assessee. It is a common knowledge that if there are sales, there should

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. AMAR KUMAR AGARWAL, KOLKATA

In the result, the appeals of the assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money of the assessee as per section 69A of the Act and opined that the assessee had failed to explain the nature & sources of such receipts. It is apposite to mention that total unaccounted sales cannot be treated as undisclosed income in the hands of the assessee. It is a common knowledge that if there are sales, there should

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. AMAR KUMAR AGARWAL, KOLKATA

In the result, the appeals of the assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money of the assessee as per section 69A of the Act and opined that the assessee had failed to explain the nature & sources of such receipts. It is apposite to mention that total unaccounted sales cannot be treated as undisclosed income in the hands of the assessee. It is a common knowledge that if there are sales, there should

AMAR KUMAR AGARWAL,KOLKATA vs. D.C.I.T., CC - 4(3),, KOLKATA

In the result, the appeals of the assessee are partly allowed and appeals of the Revenue are dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money of the assessee as per section 69A of the Act and opined that the assessee had failed to explain the nature & sources of such receipts. It is apposite to mention that total unaccounted sales cannot be treated as undisclosed income in the hands of the assessee. It is a common knowledge that if there are sales, there should

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED , PATNA

The appeal of the Revenue is dismissed

disallowance was warranted.", "result": "Allowed", "sections": [ "69A", "147", "148", "143(3)", "132", "69C", "292C", "68", "133(6)", "36(1)" ], "issues": "Whether cash transactions recorded in seized documents constitute unexplained money

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 4(3), KOLKATA, KOLKATA vs. AMAR KUMAR AGARWAL, KOLKATA

In the result, the appeals of the assessee are partly allowed and\nappeals of the Revenue are dismissed

Bench: SHRI RAJESH KUMAR, AM\nAND\nSHRI PRADIP KUMAR CHOUBEY, JM\nIT(SS)A No.86 to 89/KOL/2025, 2007/KOL/2025\n(Assessment Year: 2017-18 to 2020-21, 2021-22)\nAmar Kumar Agarwal\nC/o M/s Salarpuria Jajodia&\nCO.7, CR Avenue, 3rd Floor,\nKolkata-700072, West Bengal\n(Appellant)\nDCIT, CC 4(3)\nAaykarBhawanPoorva,\nVs.110, Shantipally, E.M. Bypass,\nKolkata-700107, West Bengal\n(Respondent)\nPAN No. ADDPA3301L\nITA Nos.1496,1497,1498, 1499/KOL/2025, & 1440/KOL/2025\n(Α.Υ.: 2017-18, 2018-19, 2020-21,

unexplained money of the assessee as\nper section 69A of the Act and opined that the assessee had failed to explain the\nnature & sources of such receipts. It is apposite to mention that total unaccounted\nsales cannot be treated as undisclosed income in the hands of the assessee. It is a\ncommon knowledge that if there are sales, there should

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED, PATNA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

GOPAL & SONS HUF,KOLKATA vs. I.T.O., WARD - 32(1), KOLKATA, KOLKATA

The appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

unexplained money u/s 69A of the Act. 14.1. Since, we have already decided the issue in ground no. 2 & 3 in ITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee’s appeal, wherein assessee has challenged the part sustaining of addition

DCIT, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

DCIT, CENTRAL CIRCLE- 4(3), KOLKATA, KOLKATA vs. BALMUKUND CEMENT & ROOFINGS PRIVATE LIMITED , KOLKATA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED, PATNA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-4(3), KOLKATA, KOLKATA vs. BALMUKUND SPONGE AND IRON PRIVATE LIMITED, PATNA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

BALMUKUND CEMENT & ROOFINGS PVT. LTD.,,KOLKATA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

BALMUKUND SPONGE & IRON PVT. LTD.,,PATNA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition

BALMUKUND SPONGE & IRON PVT. LTD.,,PATNA vs. DCIT, CENTRAL CIRCLE 4(3),, KOLKATA

The appeal of the Revenue is dismissed

unexplained money u/s 69A of the Act.\n14. 1. Since, we have already decided the issue in ground no. 2 & 3 in\nITA No. 1395/KOL/2025 for A.Y. 2015-16 in assessee's appeal, wherein\nassessee has challenged the part sustaining of addition