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

Section 14A of the Act r.w. Rule 8D of\nthe Rules were applicable on the assessee and after giving a show\ncause computed the disallowance at Rs. 27,19,753/- comprising of\nRs. 9,11,753/- under Rule 8D(2)(ii) and Rs. 17,32,000/- under Rule\n8D(2)(iii) of the Rules

SHRIRAM MARKETING SERVICES,GIRIDIH vs. PCIT, DHANBAD

In the result, grounds of appeal raised by the assessee are allowed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 263 of the Act dated 26/12/2022, set aside the order of Assessing Officer dated 24/09/2021 on the ground that the Assessing Officer did not make any enquiry or investigation to ascertain the nature, source and genuineness of ₹ 2,68,72

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

Section 14A of the Act r.w. Rule 8D of\nthe Rules were applicable on the assessee and after giving a show\ncause computed the disallowance at Rs. 27,19,753/- comprising of\nRs. 9,11,753/- under Rule 8D(2)(ii) and Rs. 17,32,000/- under Rule\n8D(2)(iii) of the Rules

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

Section 14A of the Act r.w. Rule 8D of\nthe Rules were applicable on the assessee and after giving a show\ncause computed the disallowance at Rs. 27,19,753/- comprising of\nRs. 9,11,753/- under Rule 8D(2)(ii) and Rs. 17,32,000/- under Rule\n8D(2)(iii) of the Rules

SALUJA STEEL AND POWER PVT. LTD.,,GIRIDIH vs. ACIT, C, C., DHANBAD

In the result, appeal of the assessee is allowed

Bench: SHRI GEORGE MATHAN (Judicial Member), SHRI RATNESH NANDAN SAHAY (Accountant Member)

2. It was submitted by the ld. AR that there was a search and seizure operation in the group of companies on 14.12.2022. As a consequence to the search notice u/s.148 came to be issued on 21.07.2023. It was the submission that the issue of reopening was in regard to the share application money received by the assessee during

DCIT,CIRCLE-1,RANCHI, RANCHI vs. CENTRAL COALFIELDS LTD, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

72,13,000/- (vi) CMPDIL expenses ₹ 43,53,60,000/- (viii) IICM Charges ₹ 2,35,40,000/- Total Additions/Disallowances ₹ 97,77,17,000/- The penalty proceedings under Section 271(1)(c) of the Act were separately initiated with the issue of notice under Section 274 read with section 271(1)(c) of the Act and finally

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue\nis dismissed

72,13,000/-\n(vi) CMPDIL expenses\n*43,53,60,000/-\n(viii) IICM Charges\n* 2,35,40,000/-\nTotal Additions/Disallowances\n* 97,77,17,000/-\nThe penalty proceedings under Section 271(1)(c) of the Act were separately\ninitiated with the issue of notice under Section 274 read with section

RAM KUMAR,JAMSHEDPUR vs. ACIT CENTRAL CIRCLE, JAMSHEDPUR

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

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) & Shri Ratnesh Nandan Sahayi.T.A. No. 189/Ran/2025 Assessment Year: 2018-2019 Ram Kumar,…………………………………………..Appellant C/O. Ram Bilash Prasad Gupta, Gayatri Niwas, Ekta Colony, Majhi Tola, Adityapur, Jamshedpur-831013, Jharkhand [Pan:Anspk0996Q] -Vs.- Assistant Commissioner Of Income Tax,....Respondent Central Circle, Office Road, Jamshedpur-831001, Jharkhand Appearances By: Shri Akshay Ringasia, A.R., Appeared On Behalf Of The Assessee Shri Khubchand T. Pandya, Sr. D.R., Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: July 21, 2025 Date Of Pronouncing The Order: August 25, 2025 O R D E R

2 Ram Kumar letter was issued on 01.02.2021 giving final opportunity to the assessee and compliance to this was to be made on 10.02.2021. In response to the notices, the assessee submitted some documents on ITBA portal. From Form 26AS of the assessee, it was found that deducted TDS under section 194J was Rs.4,68,868/- and professional receipts

DCIT CIR-1, RANCHI vs. CCL, RANCHI

2% on account of employees contribution towards CMPS' 98, Gratuity, Leave Benefit and\nother statutory deductions, all corresponding employer's share of liability on these heads\nshould also be suitably provided for. for\niii) The amount of Interim Relief should be shown separately under a separate head in the\nAnnual Accounts.\nTime\nThis issues with the approval of the Competent

CCL LTD ,RANCHI vs. DCIT CIRCLE-1, RANCHI

2% on account of employees contribution towards CMPS' 98, Gratuity, Leave Benefit and\nother statutory deductions, all corresponding employer's share of liability on these heads\nshould also be suitably provided for. for\niii) The amount of Interim Relief should be shown separately under a separate head in the\nAnnual Accounts.\nTime\nThis issues with the approval of the Competent

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT, CIRCLE-1,, RANCHI

2% on account of employees contribution towards CMPS' 98, Gratuity, Leave Benefit and\nother statutory deductions, all corresponding employer's share of liability on these heads\nshould also be suitably provided for. for\niii) The amount of Interim Relief should be shown separately under a separate head in the\nAnnual Accounts.\nTime\nThis issues with the approval of the Competent

DCIT CIRCLE-1 , RANCHI vs. CCL LTD , RANCHI

Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) - Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare of of its employees like canteen,\nhostels, etc. business expenditure Commissioner disallowed same\non ground that said expenditures had not been properly explained\nand that assessee

CCL,RNCHI vs. ACIT CIR-1 , RANCHI

2% on account of employees contribution towards CMPS' 98, Gratuity, Leave Benefit and\nother statutory deductions, all corresponding employer's share of liability on these heads\nshould also be suitably provided for. for\niii) The amount of Interim Relief should be shown separately under a separate head in the\nAnnual Accounts.\nTime\nThis issues with the approval of the Competent

DCIT CIR-1, RANCHI vs. CCL, RANCHI

2% on account of employees contribution towards CMPS' 98, Gratuity, Leave Benefit and\nother statutory deductions, all corresponding employer's share of liability on these heads\nshould also be suitably provided for. for\niii) The amount of Interim Relief should be shown separately under a separate head in the\nAnnual Accounts.\nTime\nThis issues with the approval of the Competent

ACIT CIR-1, JAMSHEDPUR vs. M/S AUTOPROFILE LTD, JAMSHEDPUR

Appeal is dismissed

Bench: Shri S.S.Godara & Dr. A.L. Sainiassessment Year :2010-11

section 145 cannot be applied only for the absence of stock register without further supporting materials. For argument shake even in the case of estimate some guesswork maybe possible but not an arbitrary exercise of assessment powers as decided by the Hon'ble Supreme Court in the case of Kanchwala Gems vs. Joint

CCL,RANCHI vs. DCIT CIR-1, RANCHI

2% on account of employees contribution towards CMPS' 98, Gratuity, Leave Benefit and\nother statutory deductions, all corresponding employer's share of liability on these heads\nshould also be suitably provided for. for\niii) The amount of Interim Relief should be shown separately under a separate head in the\nAnnual Accounts.\nTime\nThis issues with the approval of the Competent

CCL,RANCHI vs. DCIT CIR01 , RANCHI

Section 37(1) of the Income-tax Act, 1961 - Business expenditure\nAllowability of (Welfare expenses of employees) - Assessee-\ncompany was engaged in business of coal mining It claimed\nexpenses incurred towards welfare of of its employees like canteen,\nhostels, etc. business expenditure Commissioner disallowed same\non ground that said expenditures had not been properly explained\nand that assessee

M/S STEEL CITY FOOD PRODUCTS PVT LTD.,JAMSHEDPUR vs. ACIT, CIRCLE-3, JAMSHEDPUR

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

68 ITD 407. 5 ITA Nos.183/Ran/15 29/Ran/16 & CO No. 21/Ran/17 15. In view of above, we are of the view that the order of the CIT-A on this issue is justified. Thus, ground no. 1 relating to unaccounted purchase and sale raised by the revenue in the appeal is dismissed. 16. Ground no. 2 is relating to deletion