BMW INDUSTRIES LIMITED,KOLKATA vs. DCIT, CENTRAL CIRCLE 4(1),, KOLKATA

In the result, all the three appeals of the assessee are allowed

House, 119, Park\nStreet, Kolkata-700016,\nWest Bengal\n(Appellant)\nVs.\nDCIT, Central Circle 4(1)\nAaykar Bhawan Poorva,\n110, Shantipally, Em Bypass,\nKolkata-700107, West Bengal\n(Respondent)\nPAN No. AABCB0986G\nAssessee by\n:\nShri SK Tulsiyan &\nShri Puja Somani, ARs\nRevenue by\n:\nShri Ms. Archana Gupta, DR\nDate of hearing:\n14.01.2026\nDate of pronouncement:\n20.01.2026\nORDER\nPer

M/S. TEGA INDUSTRIES LIMITED,KOLKATA vs. D.C.I.T., CIRCLE - 11(1), KOLKATA

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

Bench: Shri George Mathan & Shri Rakesh Mishra

property right, exterior design or practical and new design or any other business or commercial rights of similar nature; (c) capital financing, including any type of long-term or short-term borrowing, lending or guarantee, purchase or sale of marketable securities or any type of advance, payments or deferred payment or receivable or any other 99debt arising during the course

M/S. TDK INDIA PRIVATE LIMITED (FORMERLY KNOWN AS EPCOS INDIA PRIVATE LIMITED),NADIA vs. DCIT, CIRCLE - 11(1) , KOLKATA

In the result appeal of the assessee for Assessment Year 2014-15 is partly allowed for statistical purposes and appeal of the assessee for Assessment Year 2015-16, is allowed

Bench: Dr. Manish Borad & Shri Sonjoy Sarma]

161,905,984 175,633,946 Export support services 1c - 30,295,333 40,199,406 Management support services (paid to TDK Electronic Components S.A. (‘TDK Malaga’) 2 Export of ferrites for consumption 25,710,000 NIL 3 Disallowance of provision for slow moving and 13,200,000 NIL non-moving inventory 4. Disallowance of capital work in progress

M/S. TDK INDIA PRIVATE LIMITED (FORMERLY KNOWN AS EPCOS INDIA PRIVATE LIMITED),NADIA vs. DCIT, CIRCLE - 11(1) , KOLKATA

In the result appeal of the assessee for Assessment Year 2014-15 is partly allowed for statistical purposes and appeal of the assessee for Assessment Year 2015-16, is allowed

Bench: Dr. Manish Borad & Shri Sonjoy Sarma]

161,905,984 175,633,946 Export support services 1c - 30,295,333 40,199,406 Management support services (paid to TDK Electronic Components S.A. (‘TDK Malaga’) 2 Export of ferrites for consumption 25,710,000 NIL 3 Disallowance of provision for slow moving and 13,200,000 NIL non-moving inventory 4. Disallowance of capital work in progress

DCIT, CIRCLE - 11(1), KOLKATA, KOLKATA vs. M/S. GRAPHITE INDIA LTD., KOLKATA

In the result, considering the discussions made above, the appeal filed by the Revenue is partly allowed and the cross objection filed by the assessee are dismissed

Bench: Sri Sanjay Garg & Sri Sanjay Awasthi

house expenses etc. were not considered in the profit and loss account of the power units. Thereafter, ld. AO proceeded to allocate such expenses to the power undertakings on an ad- hoc basis on a formula worked out by him. The ld. CIT(A) was persuaded by the arguments that all expenses considered for allocation here

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)

house property income. 3 S.K. Development Private Limited AY: 2013-14 For the other component of Rs.3,65,700/-, Ld. Counsel referred to the details of its dealings in immovable properties during the year for which brokerage expenses were incurred. The details are tabulated as under: Brokerage charges against sale of space 01­Apr­2012 to 31­Mar­2013

NAVANSH VINIMAY PVT. LTD.,KOLKATA vs. I.T.O., WARD - 8(2), KOLKATA, KOLKATA

In the result, the appeal of the assessee is dismissed

Bench: Shri George Mathan & Shri Rakesh Mishra

properties, obligation and securities. The company also carries on Software business as manufacturer, buyer, seller, trader, importer, exporter, distributor, broker, stockiest, and omission agent. The company was incorporated as a private company in 1976, promoted by Giriraj Kishor Agarwal and Tunu Agarwal. Other key persons are Hemant Kumar Tibrewala, Shardadevi Tibrewala, Kamalkant Tibrewala Financials of the company for the past

ACIT, CIRCLE - 11(2) , KOLKATA vs. M/S. SAFAL PROPERTIES PVT. LTD., , KOLKATA

In the result, appeal of the revenue is dismissed

Bench: Shri Rajpal Yadav & Shri Girish Agrawalassessment Year: 2013-14

161 of 2013, dt. 23rd December, 4 Safal Properties Pvt. Ltd., AY 2013-14 2013. Thus, considering the facts on record and the judicial precedents referred above, we do not find any reason to interfere with the finding given by the Ld. CIT(A). Accordingly, ground no. 1 is dismissed. 5. Ground no. 2 relates to disallowance made

SATYAM SUREKA ,KOLKATA vs. DCIT, CENTRAL CIR-3(3), KOLKATA

In the result, all the appeals of the different assessees are partly allowed

Bench: Shri Rajesh Kumar&Shri Pradip Kumar Choubey] I.T.(S.S).A. No. 13 /Kol/2025 Assessment Years: 2013-14 Satyam Sureka Vs. Dcit, Central Circle-3(3), Kolkata

property in common pool, it will be an income of the 'HUF', however, the same will be exempt from taxation as the I.T.A No. 2244/Ahd/2017 A.Y. 2014-15 Page No 12 Shri Gyanchand M. Bardia vs. ITO individual members of an 'HUF' have been included in the meaning of 'relative' as provided in the explanation to section

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-5(1), KOLKATA vs. DHUNSERI VENTURES LIMITED, KOLKATA

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

Bench: Shri Pradip Kumar Choubey&Shri Sanjay Awasthi]

161 taxmann.com 423) (Bom-HC) ii) PCIT vs. Nalwa Steel and Power Ltd. ( ITA NO. 725/2019)(Delhi-HC) iii) DCIT vs. Rungta Mines Ltd. (ITA No. 286/Kol/2023) (ITAT-Kol) iv) DCIT vs. IFB Agro Industries Ltd. (ITA Nos. 490 & 491/Kol/2019)(ITAT-Kol) v) DCIT vs. Shyam Sel and Power Ltd. (IT(S.S)A No. 129/Kol/2023)(ITAT-Kol) vi) DCIT

M/S. DWARKA GOODS PVT. LTD.,KOLKATA vs. I.T.O., WARD-1(1), KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed

Bench: Dr. Manish Borad & Shri Sonjoy Sarma]

161. We have heard the rival contentions and perused the 6. records placed before us and carefully gone through the judgment referred by the parties. The addition made u/s 68 of the Act at Rs. 39,41,475/- is under challenge before us. It was made by the AO alleging that the assessee failed to explain the source of share

TRUE-MAN CONSULTANTS PVT. LTD. ,KOLKATA vs. ITO,WARD-7(2),KOLKATA. , KOLKATA

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

Bench: Sri Rajpal Yadav & Dr. Manish Borad

1. Abhimanyu Viiicom 68 Lacs 7,01,01,031/- Copy of Auditor's Report (68) Private Limited (Page no. 72 Audited Balance Sheet (72), Bank AAICA7299J of the paper book) statement. (80), Incorporation certificate (82), Income Tax Return Acknowledgement (83), Master data as appearing on MCA (84), details of Page 9 of 36 I.T.A. No.: 1158/KOL/2023 Assessment Year

GANPATI INDUSTRIEAL PVT. LTD.,KOLKATA vs. DCIT, CEN. CIR. 4(2), KOLKATA

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

Bench: Shri Rajpal Yadav, Hon’Ble & Dr. Manish Borad, Hon’Ble

House, 2, Hare Street Vs Income Tax, Central Circle - 4(2), Kolkata Dalhousie, 3rd Floor Kolkata - 700001 [PAN: AAACG9441Q] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee by : Shri Ramesh Kumar Patodia, Advocate Revenue by : Shri Manas Mondal, Addl. CIT, Sr. D/R सुनवाई क" तारीख/Date of Hearing : 30/04/2024 घोषणा क" तारीख/Date of Pronouncement : 03/06/2024 आदेश