ITAT Kolkata Judgments, Orders & News | Income Tax Appellate Tribunal

Top

Begin typing your search above and press return to search.

Home
»
ITAT Kolkata

Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]

Taxscan Team

The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the discount paid to dealers by the distributor in the nature of turnover...

ITAT quashes Addition for Unexplained Expenditure made on mere Extrapolation and Presumption [Read...

Accumulated Profits to be arrived after allowing Depreciation as per Income Tax Act and not...

Addition cannot be based SMS or WhatsApp Messages without Corroborative Evidence: ITAT [Read Order]

Relief to Landis Gyr: Calcutta HC confirms Relief Granted on Account of Unascertained Liability,...

Assessing Officer must not act Dishonestly or Vindictively: ITAT [Read Order]

The Kolkata bench of Income Tax Appellate Tribunal (ITAT) has recently held that the landlord is not liable for deduction of Tax Deduction at Source (TDS) under wrong provision of the Income Tax Act...

AO Exceeding Jurisdiction in Enquiring Issues Beyond Scope of Limited Scrutiny is in Violation of CBDT Circular: ITAT [Read Order]

The Kolkata bench of Income Tax Appellate Tribunal (ITAT) has recently held that the Assessing Officer(AO) has exceeded jurisdiction in enquiring the issues beyond scope of limited scrutiny and is in...

Addition u/s 68 not valid when assessee proves identity, Creditworthiness and Genuineness of Share Transaction: ITAT [Read Order]

The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) has recently held that an addition under section 68 of the Income Tax Act is not valid when the assessee proves identity,...

Penalty u/s 271B Not Leviable If Assessee was under Bonafide Belief that Books of Accounts Need Not be Audited: ITAT [Read Order]

The Kolkata bench of Income Tax Appellate Tribunal (ITAT) has recently held that the penalty under section 271B of Income Tax Act 1961 is not leviable if the assessee was under bonafide belief...

Form 67 Submitted before Conclusion of Assessment: ITAT Allows Relief of Withholding Tax Credit in Tanzania against Tax Liability arising in India [Read Order]

The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has recently, in an appeal filed before it, allowed relief of withholding tax credit in Tanzania against tax liability arising in India, on...

Disallowance of EPF shall be Added while Taxing 40% of Income from Tea Plantation Business as Business Income: ITAT [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that the disallowance of Employment Provident Fund (EPF) shall be added while taxing 40% of income from tea plantation business...

Accepting of Share Application Money is Not “Loan” u/s 269SS of the Income Tax Act, No Penalty: ITAT [Read Order]

The Kolkata Income Tax Appellate Tribunal ( ITAT ) has recently held that accepting of share application money was not loan under section 269SS of the Income Tax Act 1961, no penalty could be levied...

Prev Page Next Page