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
![ITAT confirms Disallowance in respect of Payment to Services rendered by Paper Companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Paper-Companies-Taxscan.jpg "ITAT confirms Disallowance in respect of Payment to Services rendered by Paper Companies [Read Order]")
ITAT confirms Disallowance in respect of Payment to Services rendered by Paper Companies [Read Order]
In the case, Sun Steel Industries (P) Ltd vs Deputy Commissioner of Income Tax (DCIT), Kolkata bench of Income Tax Appellate Tribunal (ITAT) confirmed...
![Advertisement Expenses paid to Prasar Bharati by Doctor Eligible for Deduction though it violates Indian Medical Council’s Norms: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Secret-Commission-to-Doctors.jpg "Advertisement Expenses paid to Prasar Bharati by Doctor Eligible for Deduction though it violates Indian Medical Council’s Norms: ITAT [Read Order]")
![Capital Gain Exemption allowed by AO on the basis of Certificate from Tahasildar can’t be treated as ‘erroneous’’: ITAT Quashes Revisional Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Capital-Gain-Tax.jpg "Capital Gain Exemption allowed by AO on the basis of Certificate from Tahasildar can’t be treated as ‘erroneous’’: ITAT Quashes Revisional Assessment [Read Order]")
![Transfer of Capital Assets by a Company to Step down 100% Subsidiary Company would not attract Capital Gain Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Capital-Gain-Tax-Taxscan.jpg "Transfer of Capital Assets by a Company to Step down 100% Subsidiary Company would not attract Capital Gain Tax: ITAT [Read Order]")
![Provisions of Deemed Dividend not applicable to Current Account Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Provisions of Deemed Dividend not applicable to Current Account Transactions: ITAT [Read Order]")
No TDS Liability since Commission to Foreign Agent is not subject to Income Tax in India: ITAT [Read Order]
In the case of M/s Bengal Tea & Fabrics Ltd vs DCIT, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently ruled that there is no Tax Deducted at Source ( TDS ) liability in the hands of...
![No TDS Liability since Commission to Foreign Agent is not subject to Income Tax in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "No TDS Liability since Commission to Foreign Agent is not subject to Income Tax in India: ITAT [Read Order]")
Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]
While hearing the case of M/s MKJ Tradex Ltd, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that advertisement expenses incurred for publishing the achievement of Managing...
![Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Expenditure-Taxscan.jpg "Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]")
TDS u/s 194H not applicable to Cash Discounts given to Customers for purchasing Goods in Bulk: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal, in EPCOS India Pvt. Ltd v. ITO recently ruled that assessee not required to deduct Tax at source (TDS) at the time of giving cash discounts to...
Penalty won’t attract When the Addition on Account of Deeming Fiction is based on some kind of estimate given by Govt. Valuer: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal comprising N.K. Saini, (Accountant Member) and Amit Shukla, (Judicial Member) said that penalty cannot be levied when the addition on account of...
![Penalty won’t attract When the Addition on Account of Deeming Fiction is based on some kind of estimate given by Govt. Valuer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty won’t attract When the Addition on Account of Deeming Fiction is based on some kind of estimate given by Govt. Valuer: ITAT [Read Order]")
Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]
In the case of Jitender Singh Marvaha vs. D.DI.T, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the number of sale proceeds of the property seized by Income Tax...
![Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/54EC-Bond.jpg "Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]")
![Sales Tax Subsidy is Capital Receipt, Not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Subsidy-Taxscan.jpg "Sales Tax Subsidy is Capital Receipt, Not Taxable: ITAT [Read Order]")
Mere sustaining of addition on the basis of Entries in the Credit Card Account would not attract Penalty: ITAT [Read Order]
The Kolkata bench of ITAT, in the case of Joy Barman vs. Income Tax Officer, ruled that mere sustaining of addition on the basis of entries in the credit card account would not attract penalty under...