In the result, the appeal of the Revenue is dismissed
Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm Dy. Commissioner Of Income Tax, Cc 1(1), Kolkata Axis Overseas Limited Aaykar Bhawan Poorva, 21A, Shakespeare Sarani, Vs. 3Rd Floor, Kolkata-700107, Kolkata-700107, West Bengal West Bengal (Appellant) (Respondent) Pan No. Aagca7497L Assessee By : Shri Siddharth Agarwal, Ar Revenue By : Shri P.N. Barnwal, Dr Date Of Hearing: 13.11.2025 Date Of Pronouncement: 03.12.2025
b) Further, regarding the addition of cash purchases of Rs. 82,00,861/- u/s 40A(3), the AO has stated in para 5.2 of the Assessment Order that as per the impounded documents marked as AOL/08, it was found that the assessee has made a purchase of Raw Jute in the cash exceeding