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
![CSR Expenses Deductible from Total Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/CSR-Corporate-Social-Responsibility-Taxscan.jpg "CSR Expenses Deductible from Total Income: ITAT [Read Order]")
CSR Expenses Deductible from Total Income: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the expenses towards Corporate Social Responsibility ( CSR ) are...
![Re-Assessment can’t be made on the basis of Audit Query: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "Re-Assessment can’t be made on the basis of Audit Query: ITAT [Read Order]")
![Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Residential-Property-ITAT-Taxscan.jpg "Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]")
![ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ITAT-Exemption-Taxscan.jpg "ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]")
![S. 80IB Deduction available even if Form 10CCB Audit Report is filed before Completion of Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-Taxscan.jpg "S. 80IB Deduction available even if Form 10CCB Audit Report is filed before Completion of Assessment: ITAT [Read Order]")
Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the service charges collected from the tenant which is incidental to rental income would constitute ‘house property income’ for...
![Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]")
Genuineness of Commission can’t be Suspected If It was not paid to Relatives or It is not come back to Assessee: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the genuineness of the commission payments cannot be suspected if the amount was not paid to relatives of the assessee or...
![Genuineness of Commission can’t be Suspected If It was not paid to Relatives or It is not come back to Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Commission-Taxscan.jpg "Genuineness of Commission can’t be Suspected If It was not paid to Relatives or It is not come back to Assessee: ITAT [Read Order]")
Unregistered Agreement to Sale is sufficient to prove ‘Transfer’ was within One Year for granting S. 54 Exemption: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT), has held that the capital gain exemption cannot be denied to assessee if he entered into an “Agreement to Sale” within one year of...
![Unregistered Agreement to Sale is sufficient to prove ‘Transfer’ was within One Year for granting S. 54 Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Unregistered-Agreement-Deduction-Taxscan.jpg "Unregistered Agreement to Sale is sufficient to prove ‘Transfer’ was within One Year for granting S. 54 Exemption: ITAT [Read Order]")
Approval by a Commissioner of STPI should be construed as approval of Board for allowing S. 10B Relief: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ), recently accepted the contention of the assessee that the approval granted by a Commissioner of concerned STPI should be construed as...
![Approval by a Commissioner of STPI should be construed as approval of Board for allowing S. 10B Relief: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/ITAT-Taxscan.jpg "Approval by a Commissioner of STPI should be construed as approval of Board for allowing S. 10B Relief: ITAT [Read Order]")
Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the interest under Section 201(1A) of the Income Tax Act is only compensatory in nature and the Government should be...
![Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Interest-Taxscan.jpg "Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]")
A Provision made as per Accounting Standards of ICAI Excludable from Book Profits: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata has held that a provision made according to the Accounting Standards of the Institute of Chartered Accountants of India (ICAI) can be excluded while...
![A Provision made as per Accounting Standards of ICAI Excludable from Book Profits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Accounting-Professionals-Taxscan.jpg "A Provision made as per Accounting Standards of ICAI Excludable from Book Profits: ITAT [Read Order]")
![Portfolio Management Services Fee is deductible from Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Portfolio-Management-Services-Capital-Gain-Taxscan.jpg "Portfolio Management Services Fee is deductible from Capital Gain: ITAT [Read Order]")