TERAI FRUITS COMPANY,SILIGURI vs. INCOME TAX OFFICER, WARD-1(1), SILIGURI, SILIGURI

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

Bench: Sri Pradip Kumar Choubey & Sri Rakesh Mishra

b) of sub-section (2) of section 249, grant immunity from imposition of penalty under section 270A and initiation of proceedings under section 276C or section 276CC, where the proceedings for penalty under section 270A has not been initiated under the circumstances referred to in sub-section (9) of the said section

M/S STEEL AUTHORITY OF INDIA EMPLOYEES CO OPERATIVE CREDIT SOCIETY LIMITED ,KOLKATA vs. PCIT, KOLKATA

In the result, the appeal of the assessee stands allowed

Bench: Shri Sanjay Garg & Shri Girish Agrawali.T.A. No.207/Kol/2022 Assessment Year: 2017-18 M/S Steel Authority Of India Co-Operative Credit Society Limited.......….Appellant Ispat Cooperative House, 12, Charu Chandra Place Ispat Co-Operative House, Charu Market, Kolkata-700 033. [Pan: Aadas9699B] Vs. Pcit-9, Kolkata..……...…..…....................……........……............…...…..Respondent Appearances By: Shri S. K. Tulsiyan, Advocate & Puja Somani, Ca, Appeared On Behalf Of The Appellant. Shri Amol Kamat, Cit-Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : July 20, 2022 Date Of Pronouncing The Order : July 28, 2022 Order Per Sanjay Garg: The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 29.03.2022 Passed By The Principal Commissioner Of Income Tax, Asansol [Hereinafter Referred To As ‘Pcit’] Exercising His Revision Jurisdiction U/S 263 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’).

B” BENCH KOLKATA Before Shri Sanjay Garg, Judicial Member and Shri Girish Agrawal, Accountant Member I.T.A. No.207/Kol/2022 Assessment Year: 2017-18 M/s Steel Authority of India Co-Operative Credit Society Limited.......….Appellant Ispat Cooperative House, 12, Charu Chandra Place Ispat Co-operative House, Charu Market, Kolkata-700 033. [PAN: AADAS9699B] vs. PCIT-9, Kolkata..……...…..…....................……........……............…...…..Respondent Appearances by: Shri

ESTATE OF BINOY KUMAR CHANDRA,KOLKATA vs. ITO, WARD 32(2),, KOLKATA

In the result, appeal of the assessee is allowed

Bench: Shri Rajesh Kumar, Am & Shripradip Kumar Choubey, Jm Estate Of Binoy Kumar Chandra Vs. Office Of The Income-Tax Officer P-24, C.I.T. Road Entally, Ward-32(2), Kolkata, 10B, Kolkata-700014, West Bengal Middleton Row, Kolkata-700 71 (Appellant) (Respondent) Pan No. Aabae6679B Assessee By : Shri S.K. Tulsiyan & Ms. Lata Goyal, Ars Revenue By : Shri Aditya Bikram, Dr Date Of Hearing: 04.02.2026 Date Of Pronouncement: 15.04.2026

section 270A(2)(b) of the Act. Estate of Binoy Kumar Chandra; A.Y. 2020-21 3. The facts in brief are that Mr. Binoy Kumar Chandra, died on 13.06.2019 and post demise of the said person, estate of the deceased was formed, as “Estate of Binoy Kumar Chandra”. Thereafter, a petition was filed before the Hon’ble Calcutta High

DCIT, CENTRAL CIRCLE - 2(1), KOLKATA, KOLKATA vs. M/S. BHAVYA MERCHANDISE PVT. LTD., , KOLKATA

In the result, appeals by the revenue are dismissed and cross-objections by the assessee are allowed

270A and 271AAB as explained above while considering as to what material would constitute incriminating for the purposes of assessment of total income under section 153A/C. 20. The provisions of section 153A/153C are not the normal assessment provisions like 143(3); rather they are curative provisions to plug the mischief of evasion of taxable income based on evidences

MONIKA MONDAL,KOLKATA vs. PCIT, ASANSOL

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Girish Agrawali.T.A. No. 198/Kol/2022 Assessment Year: 2017-2018

270A of Income Tax Act 1961, is initiated for under reporting of income in consequence of misreporting of income on the above issue”. 4. On perusal of the assessment order, ld. PCIT took cognizance under section 263 of the Income Tax Act. The copy of the show-cause notice /letter dated 01.02.2022 has been placed on pages

TATA CONSUMER PRODUCTS LIMITED (SUCCESSOR OF TATA COFFEE LTD.),KOLKATA vs. A.C.I.T., CIRCLE - 4(1), KOLKATA

Appeal of the assessee is partly allowed

Bench: SHRI GEORGE MATHAN, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

b) Denial of claim of bonus and EPF u/s 43B of the Act. (c) Short grant of credit for TDS/TCS. (d) Denial of claim u/s 80M of the Act. For this issue, additional grounds of appeal have also been taken. 1.2 The assessee has filed the present appeal with the following grounds: “1.0 On the facts and circumstances