ASHOK VIKRAM PODDAR,KOLKATA vs. ACIT, CIRCLE -34, KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajesh Kumar&Shri Pradip Kumar Choubey]

house property, capital gain and other sources. We note that the assessee has withdrawn Rs. 20.00 Lacs from its saving bank account with Allahabad Bank, Raipur and again redeposited Rs. 19.75 Lacs on various dates. The gap between the withdrawals of the money and redeposits in the same bank account range between nine days to three months. The details

BIBHU PRASAD SAHOO,PURI vs. INCOME TAX OFFICER WARD 62(3), KOLKATA

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

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

House Property amounting to ₹7,15,295/- and interest income of ₹37,638/-. The case of the assessee was selected for scrutiny through Computer Assisted Scrutiny Selection (in short 'CASS'). Accordingly notices u/s 143(2) and 142(1) of the Act were issued and served upon the assessee requiring source of cash deposits in the bank during the year

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

House property NIL Income from Business or profession 29,58,419.00 Income from capital gains NIL Income from other sources NIL Less: Deduction under Section 80P of the 29,58,419.00 Income Tax Act, 1961 Total income NIL 4. The return was selected for scrutiny through computer assisted scrutiny system (CASS) The Learned come Tax Officer, Ward-1(3) Burdwan

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)

House property NIL Income from Business or profession 29,58,419.00 Income from capital gains NIL Income from other sources NIL Less: Deduction under Section 80P of the 29,58,419.00 Income Tax Act, 1961 Total income NIL 4. The return was selected for scrutiny through computer assisted scrutiny system (CASS) The Learned come Tax Officer, Ward-1(3) Burdwan

SMRITI JAISWAL,KOLKATA vs. INCOME TAX OFFICER, WARD-33(2),, KOLKATA

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

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 1224/Kol/2024 Assessment Year: 2017-2018 Smriti Jaiswal,…………………………..…………Appellant Flat 33, 86 Prince Golam Hossain Street, Kolkata-700032 [Pan:Afdpj6962N] -Vs.- Income Tax Officer,……………………………….Respondent Ward-33(2), Kolkata, 10B, Middleton Road, Kolkata-700071 Appearances By: Shri Sankar Lal Poddar, A.R., Appeared On Behalf Of The Assessee Shri Manas Mondal, Addl. Cit, D.R., Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: November 11, 2024 Date Of Pronouncing The Order: November 28, 2024 O R D E R

house property income and income from proprietary business, M/s. Movie Max, which runs Popkorn Cinema at Galaxia Mall, Ranchi. Further, the assessee is also partner in M/s. Sujata Picture Palace along with another partner, Shri Dushyant Jaiswal. During the year under consideration, Sujata Cinema was gutted in fire on 10.02.2017 before filing of the income tax returns. A copy

COASTAL FERTILISERS LIMITED,KOLKATA vs. I.T.O., WARD-15(1), KOLKATA

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

Bench: Sri Manish Borad & Sri Sonjoy Sarma

properties. So far as this fact of withdrawing of cash is concerned the same has not been disputed by the Revenue authorities at any stage. The assessee’s claim is very simple that the source of cash deposit of Rs. 94,50,000/- is the cash withdrawn of Rs. 1,02,75,000/- on various dates during the year itself