आयकर अपील(cid:547)य अ(cid:876)धकरण, कोलकाता पीठ, कोलकाता

IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH KOLKATA Before Shri Rajesh Kumar, Accountant Member and Shri Pradip Kumar Choubey, Judicial Member Assessment Year: 2014-15 Shyam Metalics And Engery Ltd…...………..............................……….……Appellant

83, Trinity Tower, 7^th Floor, Topsia, Kol-700046, [PAN: AAHCS5842A]

vs.

DCIT, Central Circle-1(1), Kolkata…………………………...……...…..…..Respondent Appearances by:

Shri Akkal Dudhewala, AR, appeared on behalf of the appellant. Shri Praveen Kishore, DR, appeared on behalf of the Respondent.

Date of concluding the hearing : July 23, 2025 Date of pronouncing the order : September 15, 2025 ORDER Per Rajesh Kumar, Accountant Member:

The present appeal has been preferred by the assessee against the order dated 08.04.2025 of the Commissioner Of Income Tax (Appeals)- 22, Kolkata [hereinafter referred to as the “ld. CIT(A)”] passed u/s 250 of the Income Tax Act, 1961 [hereinafter referred to as the “Act”].

2. Ground No.1 raised by the assessee is against the ld. CIT(A) order confirming the disallowance of bogus loss of Rs.1,89,53,757/- incurred by the assessee upon sale of listed shares of M/s Unno I