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
![No Addition Can Be Made in Completed/Unabated Assessments Without Incriminating Material: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/10/500x300_2095393-unabated-assessments-incriminating-material-itat-taxscan.webp "No Addition Can Be Made in Completed/Unabated Assessments Without Incriminating Material: ITAT [Read Order]")
No Addition Can Be Made in Completed/Unabated Assessments Without Incriminating Material: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] order that deleted an...
![ITAT Dismisses Income Tax Departments Case for Having Tax Effect Less Than ₹60,00,000: Notes Contravention of CBDT Circular [Read Order]](https://images.taxscan.in/h-upload/2025/10/10/250x150_2095384-2041190-gst-officers-directed-ex-parte-sales-tax-bar-association-summer-break-delhi-tax-dept-taxscan.webp "ITAT Dismisses Income Tax Departments Case for Having Tax Effect Less Than ₹60,00,000: Notes Contravention of CBDT Circular [Read Order]")
![Discrepancy Between Purchase Price and Stamp Duty Value of Land u/s 56(2)(x): ITAT Directs AO to Reconsider Using DVO Valuation [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/250x150_2094605-stamp-duty-value-of-land-itat-dvo-valuation-taxscan.webp "Discrepancy Between Purchase Price and Stamp Duty Value of Land u/s 56(2)(x): ITAT Directs AO to Reconsider Using DVO Valuation [Read Order]")
![Interior Decorator’s Rs. 11 Lakh Added as Unexplained Money u/s 69A: ITAT Deletes Addition as Income was Offered to Tax [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093489-unexplained-money-taxscan.webp "Interior Decorator’s Rs. 11 Lakh Added as Unexplained Money u/s 69A: ITAT Deletes Addition as Income was Offered to Tax [Read Order]")
![SHIS, FPS Incentives and Carbon Credit Receipts held Capital in Nature, Excludable from Book Profit u/s 115JB: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093026-crabon-credit-reciepts-taxscan.webp "SHIS, FPS Incentives and Carbon Credit Receipts held Capital in Nature, Excludable from Book Profit u/s 115JB: ITAT [Read Order]")
![Alleged Shell Company Transactions: ITAT deletes ₹15 Lakh Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2093043-itat-itat-roundup-weeklyrounup-taxscan-1.webp "Alleged Shell Company Transactions: ITAT deletes ₹15 Lakh Addition u/s 68 [Read Order]")
Penalty Paid to Third Parties for Breach of Contract Not Hit by Explanation u/s 37(1): ITAT Deletes ₹34.71 Lakh Disallowance [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) held that the penalty paid to third parties for breach of contract does not come under the explanation of Sec 37(1). ITAT deleted the...
![Penalty Paid to Third Parties for Breach of Contract Not Hit by Explanation u/s 37(1): ITAT Deletes ₹34.71 Lakh Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2093008-2061821-penalty-hc-taxscan.webp "Penalty Paid to Third Parties for Breach of Contract Not Hit by Explanation u/s 37(1): ITAT Deletes ₹34.71 Lakh Disallowance [Read Order]")
AO Erred in Disallowing ₹1.89 Cr Penalty & Other Expenses: ITAT remands ₹73.26 Lakh UIL Penny-Stock Loss for Fresh Examination [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal ( ITAT ) held that the AO erred in disallowing ₹1.89 Cr penalty and other expenses. The bench remanded ₹73.26 Lakh UIL penny-stock loss for fresh...
![AO Erred in Disallowing ₹1.89 Cr Penalty & Other Expenses: ITAT remands ₹73.26 Lakh UIL Penny-Stock Loss for Fresh Examination [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2093002-ao-penalty-itat-uil-penny-stock-taxscan.webp "AO Erred in Disallowing ₹1.89 Cr Penalty & Other Expenses: ITAT remands ₹73.26 Lakh UIL Penny-Stock Loss for Fresh Examination [Read Order]")
![Debatable Warranty Provision Disallowance u/s 37(1) Falls Outside Section 154 Scope: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/500x300_2091881-debatable-warranty-provision-disallowance-us-371-outside-section-154-scope-itat-taxscan.webp "Debatable Warranty Provision Disallowance u/s 37(1) Falls Outside Section 154 Scope: ITAT [Read Order]")
Entire Business Expenses Disallowed Despite Active Painting Business: ITAT Restricts Disallowance to 20%, Partly Allowing Appeal [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) partly allowed the appeal and restricted the disallowance to 20% in a case where entire business expenses were disallowed despite the...
![Entire Business Expenses Disallowed Despite Active Painting Business: ITAT Restricts Disallowance to 20%, Partly Allowing Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090531-business-expenses-itat-disallowance-taxscan.webp "Entire Business Expenses Disallowed Despite Active Painting Business: ITAT Restricts Disallowance to 20%, Partly Allowing Appeal [Read Order]")
Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT) quashed the notice and reassessment order, holding that the reassessment beyond six-year limit for income under ₹50 lakh was invalid. ...
![Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090121-reassessment-income-tax-notice-taxscan.webp "Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]")
Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) noted that Rs.11.36 lakh paid as directors’ commission was wrongly reported in Form 3CD as profits or dividends and remanded the issue to ...
![Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090046-commission-itat-ao-taxscan.webp "Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]")