ITO, WD-48(3), KOLKATA, Kolkata V. Shri Swapan Kumar Chatterjee, Howrah

ITA 1037/KOL/2014

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 100305 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 7 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2015
• Appeal Filed By: Department
• Bench Allotted: C
• Assessment Year: 2007-2008
• Appeal Filed On: 16-05-2014
• Court: TRIBUNAL
• Keywords: Audit objection; Tax effect
• Section: 147

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOL KATA [BEFORE SHRI WASEEM AHMED, AM & SHRI S.S.VISWANETH RA RAVI, JM] ITA NO. &A.Y. (1) REVENUE/REP. BY (2) V S 3 ASSESSEE/PAN/REP. BY (4) QUANTUM INVOLVED(RS.) (5) TAX EFFECT INVOLVED (RS.) (6) 1037/KOL/2014 AY. 2007-08 ITO,WD-48(3), KOLKATA REP. BY NONE SHRI SWAPAN KUMAR CHATTERJEE ACAPL0949A, REP. BY NONE 30A/1,BRINDABAN MULLICK LANE, KADAMTALA, HOWRAH-711101. 22,88,200/- 7,70,208/- 891/KOL/2014 AY. 2006-07 ITO, WD-3(1), KOLKATA REP. BY NONE M/S.ULTIMO LOGISTICS PVT. LTD. AAACU5667J, REP. BY NONE 63, BENTICK STREET, KOLKATA-700069. 27,10,875/- 9,12,480/- 1341/KOL/2014 AY. 2010-11 ITO, WD-2, MALDA REP. BY NONE SHRI PRABIR PAUL AKJPP7948R REP. BY NONE M/S PAUL BROTHERS, 52, 61,RABINDRA AVENUE, PO & DIST.MALDA. 10,82,137/- 3,64,247/- 2025/KOL/2013 AY. 2007-08 ACIT, CIR-2, MIDNAPORE REP. BY NONE SHRI PARTHA SAHA AKKPS8889H REP BY SHRI SOMNATH GHOSH, ADVOCATE PROP. OF MS.STAR ENTERPRISE, 178/143/1, INDA (NEAR:SAKTI BHAWAN), P.O. INDA, P.S.KHARAGPUR, DIST.PASCHIM MEDINIPUR,WB-721305. 8,79,438/- 8,79,438/- 1817/KOL/2014 AY. 2008-09 ITO, WD-3(2),KOLKATA REP. BY NONE SHRI RAMESH KUMAR AGARWAL, ACXPA2524N REP. BY NONE 5, GOKHALE ROAD, KOLKATA-700020. 27,86,370/- 5,57,274/- 832/KOL/2015 AY. 2011-12 ITO, WD-8(4),KOLKATA REP. BY NONE M/S. SUDERA SERVICES (P)LTD., AADCS8060J REP. BY NONE 1, SHAKESPEARE SARANI,KOLKATA-700071. 28,73,664/- 9,67,275/- 1463/KOL/2014 AY. 2009-10 I.T.O., WD-8(4), KOLKATA REP. BY NONE M/S. INTERNATIONAL CONSTRUCTION LTD. AAACI5686F REP. BY NONE M/S.SPML INFRA LTD., 22, CAMAC STREET, 3 RD FLOOR, KOLKATA-700016. 14,14,977/- 4,76,281/- 721/KOL/2014 AY. 2009-10 ITO, WD-6(2),KOLKATA REP. BY NONE M/S LUCAS ESTATES PVT. LTD. AAACL5860A REP. BY SHRI S.M.SURANA, ADVOCATE 21/E, BRB BASU ROAD, 3 RD FLOOR, KOLKATA-700001. 13,24,582/- 4,09,313/- 1262/KOL/2014 AY. 2009-10 ITO, WD-36(1),KOLKATA REP. BY NONE M/S. RAJMAHAL QUARTZ SAND & KAOLIN CO., AAEFR5525R REP. BY NONE 1, N.S.ROAD, KOLKATA-700001. 14,24,500/- 4,79,488/- 1159/KOL/2014 AY. 2009-10 I.T.O.,WD.1(3), HOOGHLY REP. BY NONE ALAMALAKALA MALLESWAR RAO AHUPR1047B REP. BY NONE 7/B, RAILAND CIRCULAR ROAD, MAHESH, SERAMPORE, DIST.HOOGHLY-712202 19,23,593/- 6,47,481/- 1457/KOL/2014 AY. 2009-10 ITO, WD-32(4), KOLKATA REP. BY NONE ZAMEERUL HASAN AAMPH8963P, REP. BY NONE 2/1/E, MIAJAN OSTAGAR LANE, KOLKATA- 700017. 15,11,115/- 5,08,642/- 2791/KOL/2013 AY. 2007-08 I.T.O.,WD-30(3),KOLKATA REP. BY NONE SMT.REKHA NARULA ABOPN4050A REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 39, JHOWTALLA ROAD,KOLKATA- 700019. 25,86,908/- 8,70,753/- 2828/KOL/2013 AY. 2006-07 ITO, WD-52(4), KOLKATA REP. BY NONE M/S. VIVCON, AACFV5710A REP. BY NONE, B-47, KRISHNA KUNJ DUPLEX, MANEJA, BARODA-390013. 15,94,194/- 5,36,606/- IT(SS)A. 20/K/2014 AY. 2001-02 DCIT, CENTRAL CIRCLE- 11,KOLKATA REP. BY NONE SRI SUBRATA BANIK (EXECUTOR OF THE ESTATE OF LATE BITHIKA BANIK) AEFPB9099F, REP. BY SHRI 1,03,132/- 30,940/- 2 2 S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNGE PARK, KOLKATA-700019. IT(SS)A.21/KOL /2014 AY. 2002-03 DCIT, CENTRAL CIRCLE- 11,KOLKATA REP. BY NONE SRI SUBRATA BANIK (EXECUTOR OF THE ESTATE OF LATE BITHIKA BANIK) AEFPB9099F, REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNGE PARK, KOLKATA-700019. 1,68,358/- 50,507/- IT(SS)A.22/KOL /2014 AY. 2003-04 DCIT, CENTRAL CIRCLE- 11,KOLKATA REP. BY NONE SRI SUBRATA BANIK (EXECUTOR OF THE ESTATE OF LATE BITHIKA BANIK) AEFPB9099F, REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNGE PARK, KOLKATA-700019. 99,595/- 29,879/- IT(SS)A.23/KOL /2014 AY. 2004-05 DCIT, CENTRAL CIRCLE- 11,KOLKATA REP. BY NONE SRI SUBRATA BANIK (EXECUTOR OF THE ESTATE OF LATE BITHIKA BANIK) AEFPB9099F, REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNGE PARK, KOLKATA-700019. 8,87,256/- 2,66,177/- IT(SS)A.24/KOL /2014 AY. 2005-06 DCIT, CENTRAL CIRCLE- 11,KOLKATA REP. BY NONE SRI SUBRATA BANIK (EXECUTOR OF THE ESTATE OF LATE BITHIKA BANIK) AEFPB9099F, REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNGE PARK, KOLKATA-700019. 2,79,096/- 83,729/- IT(SS)A.25/KOL /2014 AY. 2006-07 DCIT, CENTRAL CIRCLE- 11,KOLKATA REP. BY NONE SRI SUBRATA BANIK (EXECUTOR OF THE ESTATE OF LATE BITHIKA BANIK) AEFPB9099F, REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNGE PARK, KOLKATA-700019. 27,08,875/- 8,12,663/- 313/KOL/2014 AY. 2010-11 ACIT, CIR-41, KOLKATA REP. BY NONE SMT.USHA DEVI KEJRIWAL AFYPK0140C, REP. BY NONE, PROP- TIRUPATI ENTERPRISES, 83, RAJA RAJ BALLABH STREET, BAGBAZAR, KOLKATA- 700003. 22,29,142/- 7,50,329/- 62/KOL/2014 AY 2009-10 ITO,WD-3(2), KOLKATA REP. BY NONE M/S SHIV SHAKTI TUBES &INDUSTRIES LTD. AAECS2237G, REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 62A HAZRA ROAD, KOLKATA-700019. 28,76,228/- 8,62,669/- 2880/KOL/2013 AY 2006-07 ITO,WD-12(2), KOLKATA REP. BY NONE M/S. GUJARAT NRE MINERAL RESOURCES LTD., AABCD5044M REP. BY NONE, BLOCK-C, 5 TH FLOOR, 22, CAMAC STREET, KOLKATA-700016. 14,60,609/- 4,91,641/- 2831/KOL/2013 AY. 2007-08 DCIT, CIR-10, KOLKATA REP. BY NONE M/S. TPW ENGINEERING LTD., AABCT1084F REP. BY NONE, 40/1A, BLOCK-B, NEW ALIPORE, KOLKATA-700053. 19,48,160/- 4,49,810/- 2049/KOL/2013 AY. 2005-06 ACIT,CIR-3, ASANSOL REP. BY NONE RITEN BASAK, ADAPB9422E REP. BY NONE, RAMBANDH, PO BURNPUR, DIST. BURDWAN 713325. 7,13,500/- 2,40,165/- 2022/KOL/2013 AY. 2007-08 ITO, WD-2(4),HOOGHLY REP. BY NONE SHRI AJIT KUMAR KUNDU, AFIPK3377B REP. BY NONE, VILL.KAMARPUKUR CHOTI, P.O.SRIPUR P.S.GOGHAT, DIST.HOOGHLY, PIN-712612. 20,54,609/- 6,90,909/- 2856/KOL/2013 AY. 2008-09 ITO, WD-30(2), KOLKATA REP. BY NONE AYUSH AGARWAL, AHZPA3742M REP. BY SHRI MANOJ KATARUKA, ADVOCATE, 6, AMIT GHOSH ROAD, HAZRA, KOLKATA-700029. 28,59,258/- 9,62,426/- 2093/KOL/2013 AY. 2009-10 ACIT, CIRCLE-32, KOLKATA REP. BY NONE M/S. MATADOR SERVICES, AAEFM4792P, REP. BY NONE, 25B, PARK STREET, KOLKATA-700016. 22,80,000/- 7,67,448/- 1312/KOL/2015 AY. 2009-10 ITO,WD-29(2) KOLKATA REP. BY NONE DP SECURITIES &ALLIED SERVICE, AAFFD0497F, REP. BY NONE, 13,25,210/- 4,50,571/- 3 3 8A, S.P.MUKHERJEE ROAD, 3 RD FLOOR, KOLKATA-700025. 1819/KOL/2014 AY. 2006-07 ACIT,CIR-36, KOLKATA REP. BY NONE SHRI SANJAY MEHTA , AERPM0968G REP. BY NONE, C/O SUNNY SALES, 29/1C, BENTICK STREET, KOLKATA-700001. 10,80,974/- 3,67,531/- 1752/K/2014 AY. 2006-07 ITO,WD-1(2), KOLKATA REP. BY NONE M/S. ASHIKA EXPORTS PVT. LTD., AACCA2678R , REP. BY NONE, 21, HEMANT BASU SARANI, 4 TH FLOOR, R.NO.417, KOLKATA-700001. 17,90,041/- 6,08,614/- 2146/KOL/2013 AY. 2005-06 ITO, WD-43(2), KOLKATA REP. BY NONE CHAMANLAL MEHRA & OTHERS , AACFC0478B, REP. BY NONE, P-22, CIT ROAD, SCHEME-55, KOLKATA- 700014. 12,53,291/- 4,26,119/- 2147/KOL/2013 AY. 2006-07 ITO, WD-43(2), KOLKATA REP. BY NONE CHAMANLAL MEHRA & OTHERS , AACFC0478B, REP. BY NONE, P-22, CIT ROAD, SCHEME-55, KOLKATA- 700014. 2,51,017/- 85,346/- 1821/KOL/2014 AY 2007-08 ACIT, CIR-36, KOLKATA, REP. BY NONE SRI SANJAY OVERSEAS TRADING CO., AAKFS3598K , REP. BY NONE, 9/12, LAL BAZAR STREET, BLOCK E, ROAD NO.1, 4 TH FLOOR, KOLKATA-700001. 4,66,196/- 1,58,507/- 1743/KOL/2014 AY. 2005-06 DCIT, CIRCLE-8,KOLKATA REP. BY NONE M/S. THE SATURDAY CLUB LTD. AABCT1662R, REP. BY SHRI NIMISH KUMAR, 7, WOOD STREET, KOLKATA- 700016. 20,83,164/- 7,62,282/- 1744/KOL/2014 AY. 2006-07 DCIT, CIRCLE-8,KOLKATA REP. BY NONE M/S. THE SATURDAY CLUB LTD. AABCT1662R, REP. BY SHRI NIMISH KUMAR, 7, WOOD STREET, KOLKATA- 700016. 17,73,192/- 5,96,856/- 1962/KOL/2013 AY. 2002-03 DCIT, CIRCLE-8,KOLKATA REP. BY NONE M/S. THE SATURDAY CLUB LTD. AABCT1662R, REP. BY SHRI NIMISH KUMAR, 7, WOOD STREET, KOLKATA- 700016. 10,63,537/- 3,79,683/- 1963/KOL/2013 AY. 2003-04 DCIT, CIRCLE-8,KOLKATA REP. BY NONE M/S. THE SATURDAY CLUB LTD. AABCT1662R, REP. BY SHRI NIMISH KUMAR, 7, WOOD STREET, KOLKATA- 700016. 13,00,992/- 4,78,115/- 2175/KOL/2013 AY 2003-04 ITO,WD-8(3),KOLKATA REP. BY NONE M/S. PENGUINE EXIM PVT. LTD. AADCP1039N, REP. BY NONE, SUITE- 218, IDEAL PLAZA, 11/1, SARAT BOSE ROAD, KOLKATA-700020. 1,34,429/- 2,49,706/- 1807/KOL/2014 AY 2010-11 ITO,WD-33(3),KOLKATA REP. BY NONE M/S.AMINIA RESTAURANT, AAKFA3498G, REP. BY SHRI S.P.CHOUDHURY, ADVOCATE 1, CORPORATION PLACE, KOLKATA-700087. 10,30,077/- 3,50,226/- 1180/KOL/2014 AY 2008-09 ITO, WD-3(1), ASANSOL REP. BY NONE SHRI RANJIT ROY, ACMPR5680 F AAECA9585B, REP. BY NONE, PROP.- RANJIT ROY JEWELLERS, C/O-M/S. C.M.ROY & SONS, C.R.ROAD, RANIGANJ- 713347, BURDWAN. 25,78,800/- 8,76,792/- 1013/KOL/2015 AY 2011-12 DCIT, CIR-3(1), KOLKATA. REP. BY NONE M/S. GOVIND STEEL CO. LTD., AABCG0130B, REP. BY NONE, 219, CHITTARANJAN AVENUE, KOLKATA- 700006. 22,27,488/- 7,57,346/- 2226/KOL/2013 AY 2005-06 ITO, WD-11(4), KOLKATA REP. BY NONE MONOTOSH BAAG, AEGPB6079L REP. BY SHRI AVIJIT DEY, ADVOCATE, NANGI, STATION ROAD, BATANAGAR, KOLKATA-700140. 11,75,522/- 3,99,359/- 1658/KOL/2014 AY 2004-05 ITO, WD-11(4), KOLKATA REP. BY NONE SHRI MONOTOSH BAAG, AEGPB6079L REP. BY SHRI AVIJIT DEY, ADVOCATE, NANGI, STATION ROAD, BATANAGAR, 13,21,936/- 4,49,326/- 4 4 KOLKATA-700140. 2207/KOL/2013 AY 2007-08 DCIT, CIR-44, KOLKATA REP. BY NONE BIRAM PRAKASH SULTANIA, AJCPS0169H REP. BY NONE, C/O PROP: M/S. NIWAS TEXTILES, 7/1, BABULAL LANE, BURRA BAZAR, KOLKATA-700007. 16,54,756/- 5,62,617/- 2117/KOL/2014 AY 2010-11 ITO,WD-5(3), KOLKATA REP. BY NONE M/S. BDB EXPORTS PVT. LTD., AABCB9310N REP. BY NONE, 2, CLIVE GHAT STREET, KOLKATA-700001. 10,07,424/- 3,42,524/- 608/KOL/2015 AY 2010-11 ITO,WD-1(2), DURGAPUR REP. BY NONE SHRI JOYDEEP NANDY, ACXPN2073M REP. BY SHRI SOMNATH GHOSH, ADVOCATE, PROP.A.C.ENTERPRISE, 5, DURGANAGAR PARK, DURGAPUR-6. 7,44,000/- PENALTY 7,44,000/- PENALTY 609/KOL/2015 AY 2010-11 ITO,WD-1(2), DURGAPUR REP. BY NONE SHRI JOYDEEP NANDY, ACXPN2073M REP. BY SHRI SOMNATH GHOSH, ADVOCATE, PROP.A.C.ENTERPRISE, 5, DURGANAGAR PARK, DURGAPUR-6. 7,44,000/- PENALTY 7,44,000/- PENALTY 2634/KOL/2013 AY 1996-97 ITO,WD-36(3), KOLKATA REP. BY NONE SHRI SAMIR WALIA, AAKPW1779N REP. BY NONE, C/O, A.K.TULSIYAN & ASSOCIATES, P-8, CHOWRINGHEE SQUARE, KOLKATA-700069. 4,54,243/- PENALTY 4,54,243/- 225/KOL/2014 AY 2005-06 ITO,WD-2(2), ASANSOL REP. BY NONE M/S. MAA TARA TRANSPORT AGENCY, AAKFM4893P REP. BY NONE, VILL & P.O. JAMGRAM, DIST.BURDWAN, PIN:713315. 4,82,000/- PENALTY 4,82,000/- 219/KOL/2014 AY 2008-09 ACIT, CIR-2,ASANSOL REP. BY NONE SHRI SURESH PRASAD, AEVPP9312F REP. BY NONE, 86, KRISHNA HOUSE, WEST APCAR GARDEN, SMANDIR, P.O.ASANSOL, DIST.BURDWAN(WB)- 713304. 17,89,650/- 6,08,481/- IT(SS)NO.37/K/ 2014 AY 2007-08 DCIT, CC-II, KOLKATA REP. BY NONE SOUMI BANIK AKTPB5169N REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 7/2B, BALLYGUNJE PARK, KOLKATA- 700019. 16,68,085/- 5,00,425/- 2360/KOL/2013 AY 2007-08 ITO,WD-45(2), KOLKATA REP. BY NONE M/S. K.KUMAR & CO. AADFK5034B REP. BY NONE, 8/2, ROOPCHAND ROY STREET, KOLKATA-700007. 15,16,125/- 5,15,482/- 1597/KOL/2014 AY 2009-10 ITO,WD-31(1), KOLKATA REP. BY NONE SHRI BHAGWAT DAS JAISWAL ACIPJ1927H REP. BY NONE, 14,WESTON STREET, KOLKATA-700013. 14,87,996/- 5,05,919/- 2104/KOL/2013 AY. 2008-09 ACIT,CIR-2, ASANSOL REP. BY NONE M/S. PRIYANKA PROMOTERS (P)LTD. AADCP0804H, REP. BY NONE HILL VIEW (NORTH), ASANSOL, DIST.BURDWAN (WB)-713304. 4,10,000/- PENALTY 4,10,000/- 2257/KOL/2013 AY. 2005-06 DCIT,CIR-8, KOLKATA REP. BY NONE M/S.PIPRI LTD. AABCP4793K REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 71, PARK STREET, PARK PLAZA, 7 TH FLOOR, KOLKATA-700071. 6,84,434/- 2,32,708/- 2695/KOL/2013 AY. 2009-10 ACIT,CIR-31, KOLKATA REP. BY NONE RASHMI P.LOYALKA, ABBPL0120E REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 71, PARK STREET, PARK PLAZA, 7 TH FLOOR, KOLKATA-700071. 10,11,129/- 3,43,784/- 2687/KOL/2013 AY. 2006-07 ITO,WD-53(1), KOLKATA REP. BY NONE SHRI MANINDRA NATH PAL, AFVPP8768C, REP BY NONE, 61/1, PARUI MAIN ROAD, P.O.SARSUNA, KOLKATA-700061. 3,03,710/- 1,03,261/- 213/KOL/2014 AY. 2003-04 A CIT, CIR-1, ASANSOL REP. BY NONE ARVIND SINGH, AQLPS4088F REP. BY NONE, KALIPAHARI BYE PASS, P.O.:KALIPAHARI DIST.BURDWAN. 18,92,836/- 6,43,564/- 981/KOL/2015 ACIT, CIR-28, KOLKATA M/S. ABUL HASSA N & BROTHERS 20,00,000/- 6,80,000/- 5 5 AY. 2008-09 REP. BY NONE AAIFA0816E, REP. BY NONE, 1, DR.SUDHIR BASU ROAD, KOLKATA-700023. 1794/KOL/2013 AY. 2003-04 I.T.O., WD-28(3), KOLKATA REP. BY NONE SHRI RAN VIJAY SINGH, AMHPS8770J REP. BY NONE, 2, HIDE ROAD, KOLKATA- 700043. 9,95,533/- 3,38,481/- 1795/KOL/2013 AY. 2003-04 I.T.O., WD-28(3), KOLKATA REP. BY NONE SHRI RAN VIJAY SINGH, AMHPS8770J REP. BY NONE, 2, HIDE ROAD, KOLKATA- 700043. 4,03,707/- PENALTY 4,03,707/- 1434/KOL/2014 AY. 2009-10 ITO, WD-41(2),KOLKATA REP. BY NONE M/S. ADARSH DEVELOPERS, AAMFA6232G, REP. BY NONE 20A, SOUTH SINTHEE ROAD, KOLKATA- 700050. 24,75,000/- 8,41,500/- 1668/KOL/2014 AY. 2007-08 I.T.O.,WD.3(1), ASANSOL REP. BY NONE MANOJ KUMAR SARAF , AJUPS2129J REP. BY NONE 164, DR.B.B.ROAD, P.O.& AT- RANIGANJ, DIST.BURDWAN-713347. 15,00,289/- 5,10,098/- 1634/KOL/2014 AY. 2010-11 ACIT, CIR-3, ASANSOL REP. BY NONE ASHOK KUMAR AGARWAL, ACUPA3153G, REP. BY NONE PROP. OF M/S. DEEP ENTERPRISE & M/S. VIJAY ENTERPRISE, R.K.CHATTERJEE LANE, BYE PASS ROAD, CHAS, BOKARO-827013. 10,00,000/- 3,40,000/- 2197/KOL/2013 AY. 2009-10 I.T.O.,WD-1(1),DURGAPUR REP. BY NONE AGARWAL BROTHERS AAFFA1768C REP. BY NONE, M.G.ROAD, UKHRA, BURDWAN-713363. 15,62,114/- 5,31,119/- 102/KOL/2014 AY. 2006-07 ITO, WD-31(1), KOLKATA REP. BY NONE M/S. BATA INDIA LTD., MANAGERIAL STAFF PROVIDENT FUND, AAATT2471Q REP. BY SHRI S.JHAJHARIA & SHRI S.SEN, FCA, 6A, S.N.BANERJEE ROAD, KOLKATA- 700013. 2,12,361/- 72,203/- 113/KOL/2015 AY. 2011-12 DCIT, CIR-6(1),KOLKATA REP. BY NONE M/S. K.B.CAPITAL MARKETS (P)LTD. AABCK1174F, REP. BY NONE, WARDLY HOUSE, 25, SWALLOW LANE, KOLKATA-700001. 27,59,536/- 8,52,697/- 1143/KOL/2014 AY. 2003-04 DCIT, CIR-1, JALPAIGURI REP. BY NONE SRI SAGAR SAHA, AIYPS6754M REP. BY SHRI AVIJIT DEY, ADVOCATE KADAMTALA, JALPAIGURI-735101. 4,09,271/- PENALTY 4,09,271/- 1144/KOL/2014 AY. 2004-05 DCIT, CIR-1, JALPAIGURI REP. BY NONE SRI SAGAR SAHA, AIYPS6754M REP. BY SHRI AVIJIT DEY, ADVOCATE KADAMTALA, JALPAIGURI-735101. 7,85,141/- PENALTY 7,85,141/- 2865/KOL/2013 AY. 2004-05 ITO,WD-23(4), KOLKATA REP. BY NONE SRI DEBABROTO DASGUPTA, ACZPD1937C REP. BY NONE, 362, JODHPUR PARK, 2 ND FLOOR, KOLKATA-700068. 6,09,980/- 2,07,393/- 2866/KOL/2013 AY. 2005-06 ITO,WD-23(4), KOLKATA REP. BY NONE SRI DEBABROTO DASGUPTA, ACZPD1937C REP. BY NONE, 362, JODHPUR PARK, 2 ND FLOOR, KOLKATA-700068. 3,36,461/- 1,14,397/- 2867/KOL/2013 AY. 2007-08 ITO,WD-23(4), KOLKATA REP. BY NONE SRI DEBABROTO DASGUPTA, ACZPD1937C REP. BY NONE, 362, JODHPUR PARK, 2 ND FLOOR, KOLKATA-700068. 4,62,657/- 1,57,303/- 2514/KOL/2013 AY. 2006-07 ITO, WD-1(4), ASANSOL REP. BY NONE SANDIP SATRODIA ANNPS9748R, REP. BY NONE, PROP: M/S. SHIN SHANKAR FLOUR MILL, NANDI ROAD, JAMURIA, POST- JAMURIA HAT, DISTT.BURDWAN,(WB)- 713362. 13,57,242/- 4,61,462/- 1527/KOL/2014 AY 2010-11 ACIT, CIR-1, SILIGURI. REP. BY NONE M/S DURGA AUTOMOTIVE (P) LTD. AABCD7913K, REP. BY SHRI AVIJIT DEY, ADVOCATE, T.N.ROAD, DAGAPUR, SILIGURI. 20,48,518/- 6,32,992/- 1171/KOL/2014 ACIT, CIR-30, KOLKATA SUDHIR D.AHUJA , ACNPA0705F 20,64,670/- 7,01,988/- 6 6 AY 2009-10 REP. BY NONE REP. BY SHRI AVIJIT DEY, A DVOCATE, 53, SYED AMIR ALI AVENUE, KOLKATA- 700019. 2466/KOL/2013 AY. 2007-08 ACIT, CIR-34, KOLKATA REP. BY NONE M/S. DAS ENTERPRISE AAEFD1366D REP. BY SHRI K.M.ROY, FCA, 3, MANGOE LANE, KOLKATA-700001. 12,52,663/- 4,25,905/- 1187/KOL/2015 AY. 2010-11 DCIT,CIR-33, KOLKATA REP. BY NONE SHRI PRAKASH CHANDRA YADAV, AAMPY1546M REP. BY SHRI S.M.SURANA, ADVOCATE, 25, STRAND ROAD, ROOM NO.842, KOLKATA-700001. 13,11,723/- 4,45,986/- 2614/KOL/2013 AY. 2007-08 ITO, WD-28(2),KOLKATA REP. BY NONE KAUSHLENDRA PRATAP SINGH, AVGPS7754J REP. BY NONE, 98, GARDEN REACH ROAD, KHIDDERPORE, KOLKATA-700023. 19,21,738/- 6,53,391/- 23/KOL/2015 AY. 2006-07 DCIT, CIR-10(1), KOLKATA REP. BY NONE BANGUR MEDICARE RESEARCH INSTITUTE PVT. LTD., AABCB6226B REP. BY NONE, 8A, DIAMOND HARBOUR ROAD, BLOCK-B, KOLKATA-700063. 17,07,201/- 5,67,558/- 1016/KOL/2015 AY. 2008-09 DCIT, CENTRAL CIRCLE- 3(2), KOLKATA REP. BY NONE NARESH KR.CHHAPARIA ACQPC9136K REP. BY NONE, 13, K.B.SARANI, MALL ENCLAVE, KOLKATA-700032. 9,95,897/- PENALTY 9,95,897/- DATE OF HEARING: 28.12.2015 DATE OF PRONOUNCEMENT: 28.12.2015 ORDER PER BENCH THESE APPEALS OF THE REVENUE ARISE OUT OF THE VARIO US ORDERS OF THE LEARNED CIT(A) AGAINST THE ORDERS OF ASSESSMENT FRAMED U/S 147 / 1 43(3) / 144 OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS THE ACT). AT THE TIM E OF HEARING THERE WAS NO DR BUT WE DECIDED TO HEAR THE APPEAL AFTER HEARING THE AR/PERUSING THE M ATERIAL AVAILABLE ON RECORD. 2. AT THE OUTSET, IT IS SEEN THAT THE TAX EFFECT O N THE DISPUTED ADDITIONS BEFORE US IS LESS THAN RS. 10 LACS. AS THE TAX EFFECT IN ALL THESE APPEALS ARE LESS THAN RS 10 LACS (AS MENTIONED IN COLUMN NO. 6), THESE APPEALS ARE TAKEN UP TOGETHER AND DISPOSED OFF BY THIS COMMON ORDER FOR THE SAKE OF CONVENIENCE. 3. AFTER PERUSING THE MATERIALS AVAILABLE ON RECOR D, IN ALL THESE APPEALS, IT IS SEEN FROM THE RECORDS THAT THE TOTAL TAX EFFECT IN EACH OF THE AP PEALS, ON THE ADDITIONS DISPUTED BEFORE US IS BELOW THE TAX EFFECT LIMIT PRESCRIBED BY CBDT VIDE CIRCULAR NO. 21 / 2015 DATED 10.12.2015 FOR PREFERRING APPEALS BEFORE TRIBUNAL BY THE REVENUE. IT WILL BE PERTINENT TO REPRODUCE THE RELEVANT PORTION OF THE SAID CIRCULAR NO. 21 / 2015 DATED 10 .12.2015:- 3. HENCEFORTH, APPEALS / SLPS SHALL NOT BE FILED I N CASES WHERE THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMITS GIVEN HEREUNDER:- 7 7 S.NO. APPEALS IN INCOME TAX MATTERS MONETARY LIMIT (IN RS) 1 BEFORE APPELLATE TRIBUNAL 10,00,000/- 2 BEFORE HIGH COURT 20,00,000/- 3 BEFORE SUPREME COURT 25,00,000/- IT IS CLARIFIED THAT AN APPEAL SHOULD NOT BE FILED MERELY BECAUSE THE TAX EFFECT IN A CASE EXCEEDS THE MONETARY LIMITS PRESCRIBED ABOVE. FILING OF APPEAL IN SUCH CASES IS TO BE DECIDED ON MERITS OF THE CASE. 4. FOR THIS PURPOSE, TAX EFFECT MEANS THE DIFFERE NCE BETWEEN THE TAX ON THE TOTAL INCOME ASSESSED AND THE TAX THAT WOULD HAVE BEEN CHARGEABLE HAD SUC H TOTAL INCOME BEEN REDUCED BY THE AMOUNT OF INCOME IN RESPECT OF THE ISSUES AGAINST WHICH APPEA L IS INTENDED TO BE FILED (HEREINAFTER REFERRED TO AS DISPUTED ISSUES). HOWEVER, THE TAX WILL NOT INCLUDE ANY INTEREST THEREON, EXCEPT WHERE CHARGEABILITY OF INTEREST ITSELF IS IN DISPUTE. IN CASE THE CHARGEABILITY OF INTEREST IS THE ISSUE UN DER DISPUTE, THE AMOUNT OF INTEREST SHALL BE THE TAX EF FECT. IN CASES WHERE RETURNED LOSS IS REDUCED OR ASSESSED AS INCOME, THE TAX EFFECT WOULD INCLUDE NO TIONAL TAX ON DISPUTED ADDITIONS. IN CASE OF PENALTY ORDERS, THE TAX EFFECT WILL MEAN QUANTUM O F PENALTY DELETED OR REDUCED IN THE ORDER TO BE APPEALED AGAINST. 5. THE ASSESSING OFFICER SHALL CALCULATE THE TAX EF FECT SEPARATELY FOR EVERY ASSESSMENT YEAR IN RESPECT OF THE DISPUTED ISSUES IN THE CASE OF EVERY ASSESSEE. IF, IN THE CASE OF AN ASSESSEE, THE DISPUTED ISSUES ARISE IN MORE THAN ONE ASSESSMENT Y EAR , APPEAL, CAN BE FILED IN RESPECT OF SUCH ASSESSMENT YEAR OR YEARS IN WHICH THE TAX EFFECT IN RESPECT OF THE DISPUTED ISSUES EXCEEDS THE MONETARY LIMIT SPECIFIED IN PARA 3. NO APPEAL SHA LL BE FILED IN RESPECT OF AN ASSESSMENT YEAR OR YEARS IN WHICH THE TAX EFFECT IS LESS THAN THE MONE TARY LIMIT SPECIFIED IN PARA 3. IN OTHER WORDS, HENCEFORTH, APPEALS CAN BE FILED ONLY WITH REFERENC E TO THE TAX EFFECT IN THE RELEVANT ASSESSMENT YEAR. HOWEVER, IN CASE OF A COMPOSITE ORDER OF AN Y HIGH COURT OR APPELLATE AUTHORITY, WHICH INVOLVES MORE THAN ONE ASSESSMENT YEAR AND COMMON I SSUES IN MORE THAN ONE ASSESSMENT YEAR, APPEAL SHALL BE FILED IN RESPECT OF ALL SUCH ASSESS MENT YEARS EVEN IF THE TAX EFFECT IS LESS THAN TH E PRESCRIBED MONETARY LIMITS IN ANY OF THE YEAR(S), I F IT IS DECIDED TO FILE APPEAL IN RESPECT OF THE YEAR(S) IN WHICH TAX EFFECT EXCEEDS THE MONETARY LIMIT PRESCRIBED. IN CASE WHERE A COMPOSITE ORDER / JUDGEMENT INVOLVES MORE THAN ONE ASSESSEE, EACH ASSESSEE SHALL BE DEALT WITH SEPARATELY. 8. ADVERSE JUDGEMENTS RELATING TO THE FOLLOWING ISS UES SHOULD BE CONTESTED ON MERITS NOTWITHSTANDING THAT THE TAX EFFECT ENTAILED IS LES S THAN THE MONETARY LIMITS SPECIFIED IN PARA 3 ABOVE OR THERE IS NO TAX EFFECT: (A) WHERE THE CONSTITUTIONAL VALIDITY OF THE PROVISIONS OF AN ACT OR RULE ARE UNDER CHALLENGE, OR (B) WHERE BOARDS ORDER, NOTIFICATION, INSTRUCTION OR C IRCULAR HAS BEEN HELD TO BE ILLEGAL OR ULTRA VIRES, OR (C) WHERE REVENUE AUDIT OBJECTION IN THE CASE HAS BEEN ACCEPTED BY THE DEPARTMENT, OR (D) WHERE THE ADDITION RELATES TO UNDISCLOSED FOREIGN A SSETS / BANK ACCOUNTS. 10. THIS INSTRUCTION WILL APPLY RETROSPECTIVELY TO PENDING APPEALS AND APPEALS TO BE FILED HENCEFORTH IN HIGH COURTS/ TRIBUNALS. PENDING APPE ALS BELOW THE SPECIFIED TAX LIMITS IN PARA 3 ABOVE MAY BE WITHDRAWN / NOT PRESSED. APPEALS BEFO RE THE SUPREME COURT WILL BE GOVERNED BY THE INSTRUCTIONS ON THIS SUBJECT, OPERATIVE AT THE TIME WHEN SUCH APPEAL WAS FILED. 4. WE FIND THAT INTENTION BEHIND THE CIRCULAR NO.21 /2015 DATED 10-12-2015 NEEDS TO BE UNDERSTOOD IN THE FOLLOWING PERSPECTIVE:- BY PASSAGE OF TIME, THE MONEY VALUE HAS GONE DOWN, THE COST OF LITIGATION EXPENSES HAS GONE UP, NUMBER OF ASSESSES ON THE FILES OF THE DE PARTMENT HAVE BEEN INCREASED AND 8 8 CONSEQUENTLY, THE BURDEN ON THE DEPARTMENT IS ALSO INCREASED TO A TREMENDOUS EXTENT. THE CORRIDORS OF THE SUPERIOR COURTS ARE CHOKED WITH HU GE PENDENCY OF CASES. IN VIEW OF THIS MATTER, THE CBDT HAS RIGHTLY TAKEN A DECISION TO REVISE THE MONETARY LIMITS IN TUNE WITH THE PRESENT VALUE OF MONEY AND WITH A VIEW TO REDUCE THE LITIGATION AND OFFERING RELIEF TO SMALL TAX PAYERS. THIS IS ALSO IN VIEW O F THE FACT THAT TIME AND ENERGY OF THE DEPARTMENT COULD BE USED MORE PRODUCTIVELY AND EFF ICIENTLY TO CATCH HOLD OF BIG FISHES, WHO IN TURN WOULD CONTRIBUTE MORE TO THE DEVELOPMEN T OF THE COUNTRY. 5. ON PERUSAL OF THE CIRCULAR NO. 21 / 2015 DATED 1 0.12.2015 AND THE MATERIALS AVAILABLE ON RECORD, WE COULD NOT SEE WHETHER THE IMPUGNED CASE FALLS UNDER ANY OF THE EXCEPTIONS CONTEMPLATED IN THE SAID CIRCULAR. WE ALSO FIND TH AT THE CIRCULAR MAKES IT VERY CLEAR THAT THE REVISED MONETARY LIMITS SHALL APPLY RETROSPECTIVELY TO PENDING APPEALS ALSO. WE FIND THAT THE CIRCULAR IS BINDING ON THE TAX AUTHORITIES. THIS PO SITION HAS BEEN CONFIRMED BY THE HONBLE APEX COURT IN THE CASE OF COMMISSIONER OF CUSTOMS VS IND IAN OIL CORPORATION LTD REPORTED IN 267 ITR 272 (SC) WHEREIN THEIR LORDSHIPS EXAMINED THE EARLIER DECIS IONS OF THE APEX COURT WITH REGARD TO BINDING NATURE OF THE CIRCULARS AND LAID DOWN THAT WHEN A CIRCULAR ISSUED BY THE BOARD REMAINS IN OPERATION THEN THE REVENUE IS BOUND BY I T AND CANNOT BE ALLOWED TO PLEAD THAT IT IS NOT VALID OR THAT IT IS CONTRARY TO THE TERMS OF THE ST ATUTE. HENCE, WE HOLD THAT THE APPEAL(S) OF THE REVENUE DESERVE TO BE DISMISSED IN TERMS OF LOW TAX EFFECT VIDE CIRCULAR NO.21 / 2015 DATED 10.12.2015. ACCORDINGLY, THESE BEING A LOW TAX EFF ECT CASE, WE DISMISS ALL THE APPEALS OF REVENUE IN LIMINE, AS UNADMITTED, WITHOUT GOING INT O THE MERITS OF THE CASE. 6. IN THE RESULT, ALL THE APPEALS OF THE REVENUE AR E DISMISSED IN LIMINE. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (S.S.VISWANETHRA RAVI) (WASEEM AHMED) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 28TH DECEMBER, 2015 RG. P.S 9 9 COPY OF THE ORDER FORWARDED TO: 1. APPELLANT 2 RESPONDENT 3. THE CIT(A), KOLKATA 4. 5. CIT KOLKATA DR, KOLKATA BENCHES, KOLKATA / TRUE COPY, BY ORDER, ASSTT. REGISTRAR .