Browse Tax Judgements
Showing 1–19 of 19 judgements · Browse by section & bench
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Avadhesh Kumar Panday Vs. ITO, Ward-2(4), Durgapur
The assessee, Avadhesh Kumar Panday, did not file any return of income for the assessment year 2019-20 despite substantial banking transactions. The Assessing Officer (AO) issued show cause notices and, after considering the submissions by …
Ajay Kumar Chiripal Vs ITO, Ward-43(1), Kolkata
The assessee, Ajay Kumar Chiripal, a stock broker registered with the Calcutta Stock Exchange, filed his original return under section 139(1) of the Income Tax Act, 1961 on 19.09.2017. Subsequently, a notice under section 148 of the Act was…
Islampur C.S. Shop 2
The assessee, Islampur C.S. Shop 2, is a firm running a liquor business. During the demonetization period (09.11.2016 to 31.12.2016), cash amounting to Rs.17,57,860/- and Rs.1,10,540/- were deposited in two different bank accounts of Union …
Pipasa Enterprise Bandar C.S. Shop
The assessee, Pipasa Enterprise Bandar C.S. Shop, a firm, was selected for scrutiny assessment. During the scrutiny, the Assessing Officer found a cash deposit of Rs. 21,10,000/- in the bank account during the demonetization period. The ass…
ITA No. 1379/KOL/2024 (A.Y. 2016-2017)
The assessee, Logic Infotech Limited, filed its return of income for the assessment year 2016-17 showing a total income of Rs.7,30,156/-. The Assessing Officer received information that the assessee had received Rs.22,00,000/- from M/s. Pus…
Sumitra Devi Bihani vs. ITO, Ward-1(2), Siliguri
This is an appeal preferred by the assessee, Sumitra Devi Bihani, against the order of the NFAC, Delhi (hereinafter referred to as the 'Ld. CIT(A)') dated 26.10.2023 passed under section 250 of the Income Tax Act (hereinafter referred to as…
Deputy Commissioner of Income Tax, Central Circle 4(3), Kolkata vs. Vivek Gupta
The case involves an appeal by the revenue and a cross objection by the assessee, Vivek Gupta, against the order passed by the Ld. Commissioner of Income Tax (Appeals), Kolkata. The revenue contested the deletion of an addition of Rs. 25,00…
Kaushik Mondal vs. Income Tax Officer
This appeal arises from an order dated 21.03.2024, passed under section 250 of the Income Tax Act, 1961 by the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi. The Assessing Officer (AO) issued no…
Riteshh Agarwal vs. ITO, NFAC, Delhi
The assessee, Riteshh Agarwal, filed his return of income on 02.07.2018 declaring a total income of Rs. 15,47,510/-. The case was processed under section 143(1) of the Income Tax Act, 1961. Subsequently, the case was reopened under section …
Partha Roy vs. ITO, Ward-50(2), Kolkata
The assessee, Partha Roy, an individual, did not file his return of income for the assessment year 2017-18. During the assessment proceedings, the Assessing Officer found that the assessee made substantial cash deposits during the demonetiz…
Mr. Abu Zafar Mondal vs. The Income Tax Officer
The assessee, Mr. Abu Zafar Mondal, faced an exparte order from the Assessing Officer (AO) which included an addition of Rs. 12,08,000 under section 69A of the Income Tax Act, 1961, due to alleged unexplained accumulation from agricultural …
Mingma Sherpa vs ITO, Ward-3(1), Gangtok
The assessee, Mingma Sherpa, did not file the return of income for the assessment year 2017-18. During this year, the assessee deposited cash amounting to ₹10,15,14,300 in a bank account with the State Bank of India, Gangtok Branch. Consequ…
K.Y.S. Sponge Iron Private Limited vs. ITO
This appeal arises from an order under section 250 of the Income Tax Act, 1961, dated 15.07.2022, passed by the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi. The Assessing Officer (AO) made two add…
BK Garden Fresh Pvt. Ltd. vs. ITO, Ward-7(1), Kolkata
The assessee, BK Garden Fresh Pvt. Ltd., filed a return of income declaring a total income of Rs.10,31,194/-. The case was selected for complete scrutiny due to large cash deposits during the demonetisation period. The Assessing Officer ass…
Krishna Chandra Das vs. ITO, Ward-25(1), Kolkata
The assessee, Krishna Chandra Das, did not file the original Return of Income for the assessment year 2019-20. Consequently, the Assessing Officer initiated reassessment proceedings under Section 147 read with Section 144 of the Income-tax …
Bishal Jain vs. Income Tax Officer
The assessee, Bishal Jain, filed a return of income on 30.03.2017 declaring a total income of Rs. 7,62,300/-. His case was selected for scrutiny to verify whether the cash deposited was from disclosed sources. The Assessing Officer (AO) mad…
Mundukhola Baksagarh SKUS Ltd. Vs. ITO, Ward-24
The assessee, Mundukhola Baksagarh SKUS Ltd., filed its return of income for A.Y. 2017-18 showing total income as Nil after claiming a deduction under section 80P. The case was selected for scrutiny and the Assessing Officer (AO) observed t…
DCIT, Circle-49(1), Kolkata vs. Chiranjeet Kundu
The case involves large sums of money deposited as cash in the bank accounts of Chiranjeet Kundu during the demonetization period. The Assessing Officer (AO) recorded a finding that these cash deposits could not be verified due to the absen…
Usha Patodia Vs. ITO, Ward 30(1)
The assessee, Usha Patodia, filed her return of income on 20.04.2017, declaring a total income of Rs.12,80,028. Her case was selected for limited scrutiny regarding cash deposited during the demonetization period. The assessee provided evid…