ITO, Ward - 36(1) , Kolkata V. Shri Rajendra Kumar Hirawat , Kolkata

MA 265/KOL/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 4876 (ITAT-KOLKATA)
• Duration Of Justice: 2 month(s) 9 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 19-02-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 10-12-2019

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH KOLKATA [BEFORE SRI S. S. GODARA, JUDICIAL MEMBER] M.A NO.248/KOL/2019 (A/O I.T.A NO.1798/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ACIT, CIRCLE-34, KOLKATA. VS. BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA DIAMOND HERITAGE, UNIT NO.609, 16 STRAND ROAD, KOLKATA 700001. ./ ./PAN/GIR NO.: AABHB8295F (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAUL, JCIT RESPONDENT BY : SHRI SUNIL SURANA, FCA M.A NO.252/KOL/2019 (A/O I.T.A NO.1049/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(2), KOLKATA. VS. SHRI SUSHIL KUMAR BARDIA 20, N.S. ROAD, KOL-1. ./ ./PAN/GIR NO.: ADXPB9014D (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAUL, JCIT RESPONDENT BY : NONE M.A NO.196/KOL/2019 (A/O I.T.A NO.2623/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(2), KOLKATA. VS. SWATI BAJAJ, KOLKATA C/O. SUBASH AGARWAL & ASSOCIATES, ADVOCATES, SIDDHA GIBSON, 1, GIBSON LANE, SUITE-213, 2 ND FLOOR, KOLKATA. ./ ./PAN/GIR NO.: AEDPB7061H M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 2 (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAUL, JCIT RESPONDENT BY : SHRI SUBASH AGARWAL, ADVOCATE M.A NO.266/KOL/2019 (A/O I.T.A NO.1445/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(4), KOLKATA. VS. SRI VIKASH AJHAWAR 142 OLD CHINA BAZAR STREET, 3 RD FLOOR, BHIKAMCHAND MARKET, KOL-1. ./ ./PAN/GIR NO.: AEWPJ9016R (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBOJYOTI ROY, JCIT RESPONDENT BY : SHRI SUNIL SURANA, FCA M.A NO.258/KOL/2019 (A/O I.T.A NO.2459/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-35(2), KOLKATA. VS. JEMISH SHAH 70, CANNING STREET, KOL-1. ./ ./PAN/GIR NO.: AZLPS3562K (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBOJYOTI ROY, JCIT RESPONDENT BY : SHRI SUBASH AGARWAL, ADVOCATE M.A NO.267/KOL/2019 (A/O I.T.A NO.1515/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2015-16) ITO, WARD-36(4), KOLKATA. VS. SRI VINOD KUMAR JAJOO 99/1, NARKELDANGA MAIN ROAD, KOLKATA 700054. ./ ./PAN/GIR NO.: ADAPR1466Q (APPELLANT) .. (RESPONDENT) M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 3 APPELLANT BY : SHRI DHRUBOJYOTI ROY, JCIT RESPONDENT BY : SHRI M. D. SHAH, ADVOCATE M.A NO.265/KOL/2019 (A/O I.T.A NO.2628/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(1), KOLKATA. VS. SHRI RAJENDRA KUMAR HIRAWAT ROOM NO.33, 3 RD FLOOR, 133, CANNING STREET, KOL-1. ./ ./PAN/GIR NO.: AARPH3675H (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBOJYOTI ROY, JCIT RESPONDENT BY : NONE M.A NO.250/KOL/2019 (A/O I.T.A NO.2156/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(4), KOLKATA. VS. MAAN VARDHAN BAID HUF 313, TODI CHAMBERS, 2, LAL BAZAR STREET, KOL-1. ./ ./PAN/GIR NO.: AAKHM2989L (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT RESPONDENT BY : SHRI YASH VARDHAN BAID, ADVOCATE M.A NO.251/KOL/2019 (A/O I.T.A NO.32/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-35(4), KOLKATA. VS. SHRI MAHENDRA KUMAR PERIWAL ROOM NO.19, 1 ST FLOOR, BHAGAT CHAMBER, 12A, NETAJI SUBHAS ROAD, KOL-1. ./ ./PAN/GIR NO.: AFUPP6290G (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 4 RESPONDENT BY : VIJATA UNTWALIA AGARWAL, ACA M.A NO.261/KOL/2019 (A/O I.T.A NO.2332/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(3), KOLKATA. VS. SANDEEP REDH (HUF) 133, CANNING STREET, 3 RD FLOOR, ROOM NO.24, KOLKATA-1. ./ ./PAN/GIR NO.: AAXHS4963F (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBOJYOTI ROY, JCIT RESPONDENT BY : SHRI P.K. SINSHAI, FCA M.A NO.244/KOL/2019 (A/O I.T.A NO.2331/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-34(2), KOLKATA. VS. ASHOK KUMAR REDH, HUF 133, CANNING STREET, 3 RD FLOOR, ROOM NO.24, KOLKATA-1. ./ ./PAN/GIR NO.: AACHA9181N (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT RESPONDENT BY : SHRI P.K. SINSHAI, FCA M.A NO.245/KOL/2019 (A/O I.T.A NO.1825/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-34(2), KOLKATA. VS. SMT. ANJU DEVI PATWARI 133, CANNING STREET, 3 RD FLOOR, ROOM NO.24, KOLKATA-1. ./ ./PAN/GIR NO.: AFFPP9866B (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT, SR. DR M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 5 RESPONDENT BY : SHRI M.D. SHAH, ADVOCATE M.A NO.246/KOL/2019 (A/O I.T.A NO.2162/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(2), KOLKATA. VS. SUNIL KUMAR GUPTA C/O K. N. GUPTA & ASSOCITES, 37A, BENTINCK STREET, R.NO.414, 4 TH FLOOR, KOLKATA-700069. ./ ./PAN/GIR NO.: ADWPG7672D (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT, SR. DR RESPONDENT BY : NONE M.A NO.254/KOL/2019 (A/O I.T.A NO.2208/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2009-10) ITO, WARD-35(4), KOLKATA. VS. MD. SHARIQUE C/O S.L. KOCHAR, ADVOCATE, 5, ASHUTOSH CHOWDHURY AVENUE, KOLKATA-19 ./ ./PAN/GIR NO.: AERPA 8129 F (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT, SR. DR RESPONDENT BY : NONE M.A NO.256/KOL/2019 (A/O I.T.A NO.1983/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-35(2), KOLKATA. VS. NARD KISHORE AGARWALA 25, SABJI BAGAN LANE, CHETLA, KOLKATA. ./ ./PAN/GIR NO.: ADDPA1800A M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 6 (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : NONE M.A NO.255/KOL/2019 (A/O I.T.A NO.204/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-35(3), KOLKATA. VS. KUNTAL PRASAD CHATTERJEE 10, CLIVE ROW, 5 TH FLOOR, KOL-1. ./ ./PAN/GIR NO.: AESPC9567N (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : NONE M.A NO.257/KOL/2019 (A/O I.T.A NO.2190/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2009-10) ITO, WARD-35(2), KOLKATA. VS. MD. IRSHAD AZIZ C/O S.L. KOCHAR, ADVOCATE, 5, ASHUTOSH CHOWDHURY AVENUE, KOLKATA-19 ./ ./PAN/GIR NO.: AERPA8129F (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : NONE M.A NO.247/KOL/2019 (A/O I.T.A NO.212/KOL/2019) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-34(1), KOLKATA. VS. BIMAL JAJODIA C/O P.K. MATHUR, ADVOCATE, 1, MEREDITH STREET, KOLKATA-700072 ./ ./PAN/GIR NO.: AEUPJ 3965 D M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 7 (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAUL, JCIT RESPONDENT BY : NONE M.A NO.262/KOL/2019 (A/O I.T.A NO.1803/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-36(3), KOLKATA. VS. SAJJADBHAI NURUDDIN NANDARBARWALA, C/O SUBASH AGARWAL & ASSOCIATES, SIDDHA GIBSON, 1, GIBSON LANE, SUITE-213, 2 ND FLOOR, KOLKATA-69 ./ ./PAN/GIR NO.: ABSPN 9303 N (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : SHRI SUBASH AGARWAL, ADVOCATE M.A NO.259/KOL/2019 (A/O I.T.A NO.2340/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-35(2), KOLKATA. VS. M/S NEELESH CHOUDHUR (HUF), 10, OLD POST OFFICE STREET, KOLKATA-700001 ./ ./PAN/GIR NO.: AABHN 8212 Q (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : SHRI M. D. SHAH, ADVOCATE M.A NO.260/KOL/2019 (A/O I.T.A NO.1987/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2014-15) ITO, WARD-35(2), KOLKATA. VS. SRI NAND KISHORE AGARWALA, M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 8 L/H OF GITA DEVI AGARWALA 25, SABJI BAGAN LANE, CHETLA, KOLKATA-700027 ./ ./PAN/GIR NO.: ADDPA0573C (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : NONE M.A NO.253/KOL/2019 (A/O I.T.A NO.237/KOL/2019) ( [ [ / ASSESSMENT YEAR: 2015-16) ITO, WARD-35(4), KOLKATA. VS. MOHINI DEVI PANSARI PODDAR COURT, GATE NO. 3 2 ND FLOOR, 18, RABINDRA SARANI, KOLKATA-700001 ./ ./PAN/GIR NO.: AFVPP0538A (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT, SR. DR RESPONDENT BY : SHRI MANISH TIWARI, FCA M.A NO.264/KOL/2019 (A/O I.T.A NO.182/KOL/2019) ( [ [ / ASSESSMENT YEAR: 2015-16) ITO, WARD-36(1), KOLKATA. VS. RANJIKA GUPTA BENEFIT TRUST C/O. SUBASH AGARWAL & ASSOCIATES, ADVOCATES, SIDDHA GIBSON, 1, GIBSON LANE, SUITE-213, 2 ND FLOOR, KOLKATA. ./ ./PAN/GIR NO.: AABTR5909A (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI DHRUBAJYOTI RAY, JCIT RESPONDENT BY : SHRI SUBASH AGARWAL, ADVOCATE M.A NO.249/KOL/2019 M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 9 (A/O I.T.A NO.2067/KOL/2018) ( [ [ / ASSESSMENT YEAR: 2008-09) ITO, WARD-2(1), HOOGHLY VS. DAYAMAYEE MARBLE & GRANITE, HOOGHLY SEVEN BROTHERS LODGE, P.O. BUROSHIBTALA, P.S. CHINSURAH, DIST. HOOGHLY, PIN- 712105. ./ ./PAN/GIR NO.: AAFFD7699K (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI SUPRIYO PAL, JCIT RESPONDENT BY : SHRI SOMNATH GHOSH, ADVOCATE / DATE OF HEARING : 31/01/2020 /DATE OF PRONOUNCEMENT : 19/02/2020 / O R D E R PER SHRI S. S. GODARA: THE REVENUES INSTANT TWENTY-FOUR MISCELLANEOUS APPLICATIONS FILED U/S 254(2) OF THE ACT SEEK TO RECALL TRIBUNALS ORDER(S) REVERSING BOTH THE LEARNED LOWER AUTHORITIES ACTION ADDING LONG/SHORT TERM CAPITAL GAINS/LOSSES AS BOGUS UNEXPLAINED CASH CREDITS U/S 68 SINCE INVOLVING ALLEGED ARTIFICIAL RIGGING OF THE CORRESPONDING SCRIP PRICES IN COLLUSION WITH ENTRY OPERATORS CONCERNED. 2. I HAVE HEARD THE LEARNED DEPARTMENTAL REPRESENTATIVE AND THE ASSESSEE(S) THROUGH THEIR AUTHORIZED REPRESENTATIVE(S). THE CIT-DRS VEHEMENTLY CONTENDED DURING THE COURSE OF HEARING THAT THE TRIBUNAL HAS COMMITTED AN APPARENT ERROR ON RECORD WHILST DELETING THE IMPUGNED ADDITION(S) IN THESE CASES. IT IS EMPHASISED THAT THE ASSESSING OFFICER AS WELL AS THE CIT(A) HAD FOUND THESE ASSESSEES TO HAVE BEEN ENGAGED IN ARTIFICIAL RIGGING OF SCRIP(S) PRICES IN COLLUSION WITH ENTRY OPERATORS RESULTING IN THE ALLEGED BOGUS UNEXPLAINED CASH CREDITS ADDITION(S). IT IS M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 10 LASTLY SUBMITTED THAT THE TRIBUNALS HAS ALSO NOT DISTINGUISHED THE ISSUES INVOLVED IN LONG-TERM AND SHORT-TERM CAPITAL GAINS/LOSSES. 3. I HAVE GIVEN MY THOUGHTFUL CONSIDERATION TO THE REVENUES THREE FOLDED PLEADINGS. SUFFICE TO SAY, I MAKE IT CLEAR THAT SECTION 254(2) IS A REMEDY FOR MODIFICATION/RECTIFICATION IN CASE THERE IS AN APPARENT ERROR ON RECORD. I NOTICE THAT THE TRIBUNAL HAS TAKEN INTO CONSIDERATION ALL THE RELEVANT FACTS ON RECORD IN LIGHT OF VARIOUS JUDICIAL PRECEDENTS WHILST COMING TO THE CONCLUSION THAT THE LEARNED LOWER AUTHORITIES ACTION BASED ON CIRCUMSTANTIAL THAN ACTUAL EVIDENCE FOR THE PURPOSE OF TREATING THE LONG/SHORT-TERM CAPITAL GAINS/LOSSES, IS NOT LIABLE TO BE SUSTAINED. THE SAME CANNOT BE TERMED AS AN APPARENT ERROR ON RECORD WHICH COULD FORM SUBJECT MATTER OF SECTION 254(2) PROCEEDINGS. 4. NEXT COMES THE REVENUES LATTER PLEA(S) THAT THE TRIBUNAL HAS NOT DISTINGUISHED THE FACTUM OF THE ISSUE(S) INVOLVED I.E. LONG/SHORT-TERM CAPITAL GAINS/LOSSES BASED ON ENTRY OPERATORS COLLUSION WITH ASSESSEES. I FIND NO FORCE IN THESE ARGUMENTS AS WELL SINCE THE LEARNED LOWER AUTHORITIES HAVE FOLLOWED THE VERY REASONING WITHOUT QUOTING ANY SPECIFIC MATERIAL AGAINST THESE ASSESSEES. AND ALSO THAT THE LOWER AUTHORITIES HAD GONE BY IDENTICAL REASONING OF CIRCUMSTANTIAL EVIDENCE AS PER CASE LAW SUMATI DAYAL V. CIT 214 ITR 801(SC) AND CIT V. DURGA PRASAD MORE 82 ITR 540(SC) AND NOT ACTUAL EVIDENCE. THIS TRIBUNAL HAS HELD, IN NUTSHELL, THAT SUCH A COURSE OF ACTION OF TREATING ALL CATEGORIES OF GAINS OR LOSSES; AS THE CASE MAY BE, MUST BE BASED AS ACTUAL EVIDENCE ONLY. THE SAME REASONING APPLIES MUTATIS MUTANDIS IN ALL THESE CASES. 5. I FURTHER NOTICE THAT THE REVENUES MISCELLANEOUS APPLICATION NO.249/KOL/2019 IN ITA NO.2067/KOL/2018 ONLY DESERVES TO SUCCEED ON THE GROUND THAT THE SAID APPEAL INVOLVED ASSESSEES SOLE GRIEVANCE CHALLENGING SECTION 69B UNEXPLAINED INVESTMENT ADDITION OF RS.5,56,768/- THAN THAT OF BOGUS LONG/SHORT-TERM CAPITAL GAINS/LOSSES. I THUS ACCEPT THE INSTANT MISCELLANEOUS M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 11 APPLICATION AS AN EXCEPTION TO REVENUES REMAINING TWENTY-THREE APPLICATIONS ADJUDICATED HEREINABOVE. THE TRIBUNALS ORDER IN QUESTION STANDS RECALLED THEREFORE. 5.1 WITH THE CONSENT OF BOTH THE LEARNED REPRESENTATIVES, I NOW PROCEED TO ADJUDICATE THE ASSESSEES MAIN APPEAL ITA NO.2067/KOL/2018 WHEREIN ITS SOLE SUBSTANTIVE GRIEVANCE IS THAT THE LOWER AUTHORITIES HAVE ERRED IN LAW AND ON FACTS IN MAKING THE ABOVE-STATED SECTION 69B UNEXPLAINED INVESTMENT ADDITION IN THE NATURE OF COST OF CONSTRUCTION STATED IN THE BOOKS OF RS.4,76,232/- AND THAT APPROVED BY THE APPROVED VALUER OF THE BANK AT RS.10,33,000/- THEREBY INVOLVING DIFFERENTIAL SUM OF RS.5,56,768/-. SUFFICE TO SAY, HONBLE DELHI HIGH COURTS DECISION IN CIT VS. NARESH KHATTAR(HUF) [2003] 262 ITR 664(DELHI) AND USHAKANT N. PATEL VS. CIT [2006] 282 ITR 553(GUJ) MAKE IT CLEAR THAT SUCH AN ADDITION HAS TO BE BASED ON THE CORRESPONDING INVESTMENTS RECORDED IN BOOKS AND NOT OTHERWISE. I GO BY THE VERY ANALOGY AND DIRECT THE ASSESSING OFFICER TO DELETE THE IMPUGNED ADDITION. THIS ASSESSEES MAIN APPEAL ITA NO.2067/KOL/2018 IS ACCEPTED THEREFORE. 6. THESE REVENUES TWENTY-THREE MISCELLANEOUS APPLICATIONS EXCEPT M.A NO.249/KOL/2019 FAIL AND ARE ACCORDINGLY REJECTED. ITS ABOVE-STATED REMAINING MISCELLANEOUS APPLICATION IS ACCEPTED AND CORRESPONDING MAIN APPEAL OF THE ASSESSEE ITA NO.2067/KOL/2018 IS ALLOWED IN ABOVE TERMS. A COPY OF THIS INSTANT COMMON ORDER BE PLACED IN THE RESPECTIVE CASE FILE(S). ORDER IS PRONOUNCED IN THE OPEN COURT ON 19.02.2020. SD/- (S. S. GODARA) JUDICIAL MEMBER /KOLKATA; / DATE:19/02/2020 RS M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 12 / COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT - (I) ACIT, CIRCLE-34, KOLKATA. (II) ITO, WARD-36(2), KOLKATA. (III) ITO, WARD-36(4), KOLKATA. (IV) ITO, WARD-35(2), KOLKATA. (V) ITO, WARD-36(1), KOLKATA. (VI) ITO, WARD-35(4), KOLKATA. (VII) ITO, WARD-36(3), KOLKATA. (VII) ITO, WARD-34(2), KOLKATA. (VIII) ITO, WARD-35(3), KOLKATA. (IX) ITO, WARD-34(1), KOLKATA. (X) ITO, WARD-2(1), HOOGHLY 2. THE RESPONDENT- (I) BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA (II) SHRI SUSHIL KUMAR BARDIA (III) SWATI BAJAJ, KOLKATA (IV) SRI VIKASH AJHAWAR (V) JEMISH SHAH (VI) SRI VINOD KUMAR JAJOO (VII) SHRI RAJENDRA KUMAR HIRAWAT (VIII) MAAN VARDHAN BAID HUF (IX) SHRI MAHENDRA KUMAR PERIWAL (X) SANDEEP REDH (HUF) (XI) ASHOK KUMAR REDH, HUF (XII) SMT. ANJU DEVI PATWARI (XIII) SUNIL KUMAR GUPTA (XIV) MD. SHARIQUE (XV) NARD KISHORE AGARWALA (XVI) KUNTAL PRASAD CHATTERJEE (XVII) MD. IRSHAD AZIZ (XVIII) BIMAL JAJODIA (XIX) SAJJADBHAI NURUDDIN (XX) M/S NEELESH CHOUDHUR (XXI) SRI NAND KISHORE AGARWALA(L/H OF GITA DEVI AGARWALA) (XXII) MOHINI DEVI PANSARI (XXIII) RANJIKA GUPTA BENEFIT TRUST (XXIV) DAYAMAYEE MARBLE & GRANITE, HOOGHLY 3. ( ) / THE CIT(A), KOLKATA [SENT THROUGH EMAIL] 4. / CIT M.A NO.248,252,196,266,258,267,265,250,251,261,244,245,246,254,256,255,257,247,262,259, 260,253,264,249/KOL/2019 BEGRAJ AGARWAL & OTHERS (HUF), KOLKATA & OTHERS PAGE | 13 TRUE COPY BY ORDER ASSISTANT REGISTRAR, I.T.A.T, KOLKATA BENCHES, KOLKATA . 5. , , / DR, ITAT, KOLKATA [SENT THROUGH EMAIL] 6. [ / GUARD FILE.