IN THE INCOME TAX APPELLATE TRIBUNAL D” BENCH, KOLKATA BEFORE SHRI RAJESH KUMAR, AM AND SHRIPRADIP KUMAR CHOUBEY, JM (Assessment Year: 2008-09)

ITO, Ward 3(1)

Silkina Commodeal Pvt. Ltd.

Aaykar Bhawan, P-7, 6, Waterioo Street, Esplanade, Vs. Chowringhee Square, Kolkata-

Kolkata-700069, West Bengal

700069, West Bengal (Appellant) (

Respondent)

PAN No. AAECS5627C Assessee by : Shri S.M. Surana, AR Revenue by : Shri Sanat Kumar Raha, DR Date of hearing: 07.01.2026 Date of pronouncement: 20.01.2026

O R D E R

Per Rajesh Kumar, AM:

This is an appeal preferred by the assessee against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the “Ld. CIT(A)”] dated 26.07.2025 for the AY 2008-09.

2. The only issue raised in the various grounds of appeal is against the confirmation of addition of ₹21,39,80,400/- as made by the Ld. AO in respect of share capital/ share premium treated as unexplained cash credit u/s 68 of the Income-tax Act, 1961 (the Act).

3. The facts in brief are that the assessee filed the original return of income on 10.02.2010, declaring total income at ₹29,480/- which was processed u/s 143(1) of the Act. The assessee derived income from share dealing and