ITAT Kolkata
Explore the latest ITAT Kolkata judgments, orders, and appellate decisions on direct tax matters from the Kolkata bench of the Income Tax Appellate Tribunal
![Purchases Treated as Bogus in Another Year Cannot Solely Justify Similar Treatment for Year Under Consideration: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Purchases-Treated-as-Bogus-Solely-Justify-Similar-Treatment-purchases-treated-as-bogus-in-one-financial-year-taxscan.jpg "Purchases Treated as Bogus in Another Year Cannot Solely Justify Similar Treatment for Year Under Consideration: ITAT [Read Order]")
Purchases Treated as Bogus in Another Year Cannot Solely Justify Similar Treatment for Year Under Consideration: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that purchases treated as bogus in one financial year cannot automatically be...
![Duty Drawback and License Sale Income should be included in Gross Receipts u/s 44AD for Presumptive Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Duty-Drawback-License-Sale-Income-Gross-Receipts-Presumptive-Taxation-ITAT-taxscan.jpg "Duty Drawback and License Sale Income should be included in Gross Receipts u/s 44AD for Presumptive Taxation: ITAT [Read Order]")
![ITAT Deletes Rs. 4.82 Crore Addition as Unexplained Cash Credit, Citing Payments Linked to Genuine Sales Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Sales-Transactions-Cash-credit-addition-deletion-taxscan.jpg "ITAT Deletes Rs. 4.82 Crore Addition as Unexplained Cash Credit, Citing Payments Linked to Genuine Sales Transactions [Read Order]")
![S.68 Applicable When Credit Received in Relevant Year, not for Earlier Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Income-Tax-Section-68-of-Income-Tax-Act-Taxscan.jpg "S.68 Applicable When Credit Received in Relevant Year, not for Earlier Years: ITAT [Read Order]")
![Assessment not Prejudicial to Revenue if AO Follows Jurisdictional HC’s Ruling: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-ITAT-judgment-on-jurisdictional-High-Court-Taxscan.jpg "Assessment not Prejudicial to Revenue if AO Follows Jurisdictional HC’s Ruling: ITAT [Read Order]")
ITAT Remands Case to AO for Reconsideration of Tax Exemption Claim u/s 10(26AAA) for Sikkimese Assessee [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal( ITAT ) remanded the case of the Sikkimese assessee to the Assessing Officer ( AO ) for reconsideration of her tax exemption claim under Section...
![ITAT Remands Case to AO for Reconsideration of Tax Exemption Claim u/s 10(26AAA) for Sikkimese Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Case-to-AO-Reconsideration-of-Tax-Exemption-Claim-Sikkimese-Assessee-taxscan.jpg "ITAT Remands Case to AO for Reconsideration of Tax Exemption Claim u/s 10(26AAA) for Sikkimese Assessee [Read Order]")
ITAT Remands Case for Reassessment of Rs. 9.74 Lakh Unexplained Cash Deposits, allows Assessee to Submit Evidence [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case for reassessment regarding Rs. 9.74 lakh in unexplained cash deposits made during the demonetization period,allowing the...
![ITAT Remands Case for Reassessment of Rs. 9.74 Lakh Unexplained Cash Deposits, allows Assessee to Submit Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Unexplained-Cash-Deposit-Income-Tax-Appellate-Tribunal-ITAT-Case-for-Reassessment-of-Cash-Deposit-Taxscan.jpg "ITAT Remands Case for Reassessment of Rs. 9.74 Lakh Unexplained Cash Deposits, allows Assessee to Submit Evidence [Read Order]")
Failure to File Form No. 10IE on Time Does Not Impact Eligibility for Concessional Tax Rates u/s 115BAC of Income Tax Act: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the failure to file Form No. 10IE on time does not impact eligibility for concessional tax rates under Section 115BAC of the...
![Failure to File Form No. 10IE on Time Does Not Impact Eligibility for Concessional Tax Rates u/s 115BAC of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Income-Tax-Section-115BAC-of-Income-Tax-Act-Taxscan.jpg "Failure to File Form No. 10IE on Time Does Not Impact Eligibility for Concessional Tax Rates u/s 115BAC of Income Tax Act: ITAT [Read Order]")
ITAT Condones 186-Day Delay and Remands Case to AO for Fresh Examination Due to Ex-Parte Assessment and Inadequate Representation [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) condoned a 186-day delay in filing the appeal and remanded the case to the Assessing Officer (AO) for fresh examination due to an ex-parte...
![ITAT Condones 186-Day Delay and Remands Case to AO for Fresh Examination Due to Ex-Parte Assessment and Inadequate Representation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Ex-Parte-Assessment-ITAT-Condones-Delay-taxscan.jpg "ITAT Condones 186-Day Delay and Remands Case to AO for Fresh Examination Due to Ex-Parte Assessment and Inadequate Representation [Read Order]")
ITAT quashes Assessment Order for Time-Barred Reopening and Incorrect Ownership Assumption [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order against the assessee, citing a time-barred reopening of assessment and an incorrect assumption of property...
![ITAT quashes Assessment Order for Time-Barred Reopening and Incorrect Ownership Assumption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Incorrect-Ownership-Assumption-Case-Taxscan.jpg "ITAT quashes Assessment Order for Time-Barred Reopening and Incorrect Ownership Assumption [Read Order]")
ITAT Remands Case to AO for Re-Examination Due to Assessee’s Pregnancy-Related Delay in Document Submission [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal(ITAT) remanded the case to the Assessing Officer (AO) for re-examination due to the assessee’s pregnancy-related delay in submitting important...
![ITAT Remands Case to AO for Re-Examination Due to Assessee’s Pregnancy-Related Delay in Document Submission [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/itat-kolkata-Document-Submission-Delay-Re-Examination-Case-Remand-taxscan.jpg "ITAT Remands Case to AO for Re-Examination Due to Assessee’s Pregnancy-Related Delay in Document Submission [Read Order]")