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2 results for “condonation of delay”+ Unexplained Moneyclear

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Key Topics

Addition to Income2

MOTOREX FINANCE PVT LTD ,KOLKATA vs. ITO, WARD-4(1), KOLKATA

In the result, the appeal of the assessee stands allowed

ITA 115/KOL/2022[2016-17]Status: DisposedITAT Ranchi09 Jun 2025AY 2016-17

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaymotorex Finance Pvt. Ltd., I.T.O., 1A, Grant Lane, Kolkata-700012 (West Ward 4(1), Vs. Bengal). Kolkata. Pan No. Aaccm 1042 R Appellant/ Assessee Respondent/ Revenue

condone the delay and admit the appeal. 3. On merit, it was submitted by the ld. AR that the assessee is an NBFC. It was a submission that during the impugned assessment year, the assessee had sold shares to an extent of Rs. 9,35,85,560/-. The assessee had also received interest income to an extent

MANGALSIDHI TRADELINK PVT LTD.,KOLKATA vs. ITO WD-2(1), RANCHI

Appeal is dismissed

ITA 77/RAN/2017[2012-13]Status: DisposedITAT Ranchi03 Mar 2020AY 2012-13

Bench: Shri S.S.Godara, Jm & Dr. A. L. Saini, Am I.T.A No.77/Ran/2017 Assessment Year: 2012-13 Mangalsidhi Tradelink Pvt. Ltd. Vs. Ito, Ward-2(1), Ranchi 3Rd Floor, Room No.5, 16, India Exchange Place, Kol-1. Pan/Gir No. : Aahcm5446J (Appellant) .. (Respondent)

Section 143(3)

delay in filing which is condoned on account of no objection from Revenue side. 3. We have heard learned CIT-DR. He took us to CIT(A)’s detailed discussion confirming the Assessing Officer’s action treating assessee’s share application money of Rs.4,00,00,000/- as unexplained