M/S ANJENEYA ISPAT LTD.,SARAIKELA vs. DEPUTY COMMISSIONE OF INCOME TAX, CIRCELE-1, JAMSHEDPUR, JAMSHEDPUR

In the result, the appeal of the assessee is allowed

Bench: Shri Sonjoy Sarma & Shri Ratnesh Nandan Sahayi.T.A. No.75/Ran/2022 Assessment Year: 2009-10 M/S Anjeneya Ispat Ltd.…………….…….…............................……….……Appellant 29, Rain Basera, Sanjay Nagar Colony, Adityapur, Saraikela, Jharkhand- 831013. [Pan: Aagca1031N] Vs. Dcit, Circle-1, Jamshedpur.….....…..…..….........……........……...…..…..Respondent Appearances By: Shri Devesh Poddar, Adv., Appeared On Behalf Of The Appellant. Shri Kanhaiya Lal Kanak, Cit, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : December 18, 2025 Date Of Pronouncing The Order : January 06, 2026 Order Per Sonjoy Sarma: This Appeal Filed By The Assessee Is Directed Against The Order Of The Cit(A), Jamshedpur (Hereinafter Referred To As “Cit(A)”) Dated 25.09.2017 Passed Under Section 250 Of The Income-Tax Act, 1961 (Hereinafter Referred To As The “Act”). 2. Brief Facts Of The Case Are That The Assessee Filed Its Return Of Income For The Assessment Year 2019–20 Declaring A Total Income Of ₹62,64,116. The Case Was Selected For Complete Scrutiny. During The Relevant Previous Year, A Survey Operation Under Section 133A Of The Income-Tax Act, 1961 Was Conducted At The Business Premises Of The Assessee On 16.02.2019. Subsequently, Statutory Notices Under Sections 143(2) & 142(1) Of The Act Were Issued. In Response Thereto, The Assessee Appeared From Time To Time & Furnished Various Details & Documents As Called For. The Same Were Examined & Discussed By The Assessing Officer During The Course Of Assessment Proceedings. During

cash deserve to be deleted, especially when sufficient additional income had already been offered by the assessee during the survey operation itself. 4.3 With regard to the disallowance of disallowance of ₹14,38,359, it was contended that the CIT(A) committed a serious legal error in changing the applicable section from section 14A to section 40(a)(ia) without

DCIT, CIRCLE-1, RANCHI vs. M/S A.K.TRANSPORT, RANCHI

In the result, appeal of the revenue is dismissed

Bench: Shri Rajesh Kumar, Am& Shri Sonjoy Sarma, Jm]

unexplained cash credit u/s. 68 of the Act and added to the income of the assessee. 4. In the appellate proceeding, the Ld. CIT(A)deleted the addition by holding and observing as under: “As can be seen from the above table, the quantum of sundry creditors almost remains the same vis a vis earlier years and rather in terms

GOLDEN GOENKA COMMERCE PVT. LTD.,,KOLKATA vs. ACIT CIRCLE-2(1),, JAMSHEDPUR

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

Bench: Shri Sonjoy Sarma & Shri Ratnesh Nandan Sahayi.T.A. No.11/Ran/2024 Assessment Year: 2011-12 Golden Goenka Commerce Pvt. Ltd. (Earlier Known As Rajgaj Traders Pvt. Ltd.)............................……….……Appellant 25A, S.P Mukherjee Road, 4Th Floor, Bhawanipore, Kol-25, [Pan: Aabcr7503F] Vs. Acit, Circle-2(1), Jamshedpur..…..….…..….........……........……...…..…..Respondent Appearances By: Shri Devesh Poddar, Ar, Appeared On Behalf Of The Appellant. Shri Kumar Pranab, Cit- Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : September 4, 2025 Date Of Pronouncing The Order : October 10, 2025 Order Per Sonjoy Sarma: This Appeal By The Assessee Is Directed Against The Order Of The Learned Commissioner Of Income Tax (Appeals) [“Cit(A)”], Dated 21.12.2018, Arising Out Of Assessment Framed Under Section 147 Read With Section 143(3) Of The Income-Tax Act, 1961 (The “Act”) For The Assessment Year 2011–12. 2. The Assessee Has Raised Multiple Grounds, The Sum & Substance Of Which Is That The Learned Cit(A) Erred In Upholding The Addition Of ₹4,73,00,000 Made By The Assessing Officer (“Ao”) Under Section 68 Of The Act Towards Share Capital & Share Premium, Ignoring The Documentary Evidences Placed On Record & Without Conducting Any Independent Enquiry. 3. Brief Facts Of The Case Are That The Assessee Company Filed Its Return Of Income For The Assessment Year 2011–12 Declaring Total Income Of ₹16,67,088. Subsequently, The Case Of The Assessee Was Reopened

unexplained cash credit and added to the income of the assessee. Apart from the above, the AO also disallowed set-off of certain

M/S MANIKARAN POWER LTD,RANCHI vs. ACIT, CIRCLE-2, RANCHI

In the result, the appeal of the assessee in ITA No

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayit(Ss)A No. 01/Ran/2025 (Assessment Year: 2022-23) A.C.I.T., Manikaran Power Limited, Central Circle-2, Manikaran Tower, Kilburn Colony, Vs. Ranchi. P.O. Hinoo, Ranchi-834002 (Jharkhand) J.C.I.T. (In Situ), Pan No. Aaecm 4555 F Ranchi. Revenue/ Appellant Respondent/ Assessee Manikaran Power Limited, A.C.I.T., Manikaran Tower, Kilburn Colony, Central Circle-2, Vs. P.O. Hinoo, Ranchi-834002 Ranchi. (Jharkhand) Pan No. Aaecm 4555 F Revenue/ Appellant Respondent/ Assessee

cash credits. It was a further submission that in respect of the expenses paid and claimed as rental expenditure to an extent of ₹ 57,00,000/- and ₹ 36,00,000/- was treated as unexplained expenditure on the ground that the payments have been made to various persons who are not having any properties which were rented to the assessee

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, DHANBAD vs. BINDHYAVASINI COMMERCIAL SERVICES PRIVATE LIMITED, DHANBAD

Bench: Shri Sonjoy Sarma & Shri Ratnesh Nandan Sahayi.T.A. No.240/Ran/2023 Assessment Year: 2013-14 Acit, Central Circle, Dhanbad.….……………............................……….……Appellant Vs. Bindhyavasini Commercial Services Pvt. Ltd….........……........……...…..…..Respondent House No.41, Premises Of Punj Kumar Singh, Near Suraksha Clinic, Hetli Bandh, Jharia, Dhanbad, Jharkhand – 828111. [Pan: Aaecb0160D] Appearances By: Shri Manish Tiwari, Ar, Appeared On Behalf Of The Appellant. Shri Kanhaiya Lal Kanak, Cit Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : November 10, 2025 Date Of Pronouncing The Order : December 22, 2025

unexplained credit, Rs.60,48,903/- as rebate allowed to customer and sustained the additions in respect of Rs.1,89,100/- as sales promotion expenses and Rs.1,28,400/- as gift to retailers. 4. Dissatisfied with the above order, the revenue preferred the present appeal before this tribunal raising the following grounds of appeal: I.T.A. No.240/Ran/2023 Bindhyavasini Commercial Services

ACIT CIRCLE-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

Crediter\n63633822.00\nAs per List Attached\nOutstanding Liabilities\nLiabilities For Exp.\n61,000.00\nCash In Hand\n460,153.91\n235,716,383.00\n235,716,385.00\nAs per our attached Report of even dais\nFor D.N. SINHA & CO.\nChartered Accountants\nTRANGNHA 1913112\nProprietor\nM/s Bharat Coking Coal Ltd.\nVivek Entp., Pioneer engi, Glimmer eat, Apex Entp.A k Ent Abhisek Eatp., Jufotech Elect.Reliable

M/S BHARAT COOKING COAL LTD ,DHANBAD vs. ACIT CIR-1 , DHANBAD

disallowances and how the figures were arrived at in this assessment\norder. The order sheet noting reads as follows :-\nBench:\n29\nDB\nITA 291/RAN/2017\n(Assessment Year: 09-10)\nIn the case of\nM/S BHARAT COOKING COAL LIMITED\nvs.\nACIT CIR-1\nAssessee represented by: M.K. Choudhary, with Devesh\nPoddar, Adv.\nDepartment represented by: RINKU SINGH

ACIT CIR-1 , DHANBAD vs. M/S BHARAT COOKING COAL LTD , DHANBAD

Crediter\nB.0.1. A/c 0000114\n781,633.00\nB.O.L. A/c 000035\n43,180.78\nAs per List Attached\n63633822.00\nB.0.1. A/c 000113\n5,000.00\nB.0.1. A/c 00004\n2,647,451.18\nOutstanding Liabilities\nB.O.L. A/c 000186\n1,705,016.10\nB.O.L. A/c 0000111\n2,374,621.14\nLiabilities For Exp.\n61,000.00\nB.O.L,CA A/c 1676\n67,318,719.00\nB.O.L