IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH”, KOLKATA SHRI GEORGE MATHAN, JUDICIAL MEMBER SHRI SANJAY AWASTHI, ACCOUNTANT MEMBER (Assessment Year 2015-2016)

Pramod Lakra, Deputy Commissioner of Income Tax, Aayakar Bhawan, 6th Floor, P-7, Chowringhee Square, Kolkata – 700069 ……..…...…………….... Appellant vs.

Urvashi Sarees Pvt. Ltd., 33, Tollygunge Circular Road, New Alipore, Kolkata - 700053 [PAN: AAACU5161F] ……..…...…………….... Respondent I.T.A. No. 1946/KOL/2024 (Assessment Year 2015-2016)

Urvashi Sarees Pvt. Ltd., 33, Tollygunge Circular Road, New Alipore, Kolkata - 700053 [PAN: AAACU5161F] ……..…...…………….... Appellant vs.

DCIT, Circle 11(1), Kolkata, Aayakar Bhawan, Kolkata - 700069 ................................. Respondent Appearances by:

Assessee represented by : Ramesh Patodia, Advocate Department represented by : Sanat Kumar Raha, CIT-DR S.B. Chakraborthy, Sr. DR Date of concluding the hearing : 22.07.2025 Date of pronouncing the order : 24.07.2025

O R D E R

PER SANJAY AWASTHI, ACCOUNTANT MEMBER

1.0 These are a batch of two appeals for the AY 2015-16, filed by both the Revenue [ITA 222/Kol/2025] and assessee [1946/Kol/2025] for settling their respective grievances. Both these app