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
![Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Filing-Return-Taxscan.jpg "Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]")
Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]
The ITAT Kolkata bench, in M/s Nidhi Packers Pvt. Ltd v. ITO held that interest under Section 234AÂ of the Income Tax Act cannot be charged from the...
![Frequent Transactions in Shares won’t Constitute ‘Business’ If Assessee treated the same as ‘Investment’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Capital-Gain-Sale-of-SHares-Taxscan.jpg "Frequent Transactions in Shares won’t Constitute ‘Business’ If Assessee treated the same as ‘Investment’: ITAT [Read Order]")
![Same Income can’t be Taxed Twice Even Though It is Erroneously Offered in two different years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Same-Income-Taxscan.jpg "Same Income can’t be Taxed Twice Even Though It is Erroneously Offered in two different years: ITAT [Read Order]")
![Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]")
![Currency in which the Loan is to be Re-Paid determines the Rate of Return on the Money Lent: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Commercial-Transaction-Loan-Taxscan.jpg "Currency in which the Loan is to be Re-Paid determines the Rate of Return on the Money Lent: ITAT [Read Order]")
![Penalty Charges levied by IRDA can’t be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/IRDA.jpg "Penalty Charges levied by IRDA can’t be disallowed: ITAT [Read Order]")
ITAT Allows Remuneration to Lady Directors though they are not involved in Pure Managerial or work of Company [Read Order]
The Income Tax Appellate Tribunal (ITAT) Kolkata on June 6 allowed remuneration given to lady directors even though they are not involved in pure managerial or supervising work of Company. The...
![ITAT Allows Remuneration to Lady Directors though they are not involved in Pure Managerial or work of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Managerial-Remuneration-Taxscan.jpg "ITAT Allows Remuneration to Lady Directors though they are not involved in Pure Managerial or work of Company [Read Order]")
Payment in relation with Security Transactions by a Sub-Broker not liable to TDS u/s 194H: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal ( ITAT ) has held that, Payment in relation with Security Transactions by a Sub-Broker not liable to Tax Deduction at Source ( TDS ) under Section...
![Payment in relation with Security Transactions by a Sub-Broker not liable to TDS u/s 194H: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Security-Transactions-TDS-Taxscan.jpg "Payment in relation with Security Transactions by a Sub-Broker not liable to TDS u/s 194H: ITAT [Read Order]")
![Disallowance u/s 14A r/w Rule 8D can’t be made while computing Book profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Book-Profit-Taxscan.jpg "Disallowance u/s 14A r/w Rule 8D can’t be made while computing Book profit: ITAT [Read Order]")
Mistake committed by AO in Original Assessment can’t be a ground for Re-Assessment: ITAT [Read Order]
Kolkata bench(A) of The Income Tax Appellate Tribunal in an appeal filed by revenue against the order of Ld. CIT (Appeals) which cancelled the assessment made by AO under Section 143(3) and 147 of the...
![Mistake committed by AO in Original Assessment can’t be a ground for Re-Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Mistake committed by AO in Original Assessment can’t be a ground for Re-Assessment: ITAT [Read Order]")
No Tax on Fee Paid for Marketing Service rendered outside India Since not ‘Technical Service’: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Onprocess Technology India Pvt. Ltd. v. DCIT while hearing jointly the appeals filed by both the parties, allowed the...
![No Tax on Fee Paid for Marketing Service rendered outside India Since not ‘Technical Service’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Marketing-Service-Taxscan.jpg "No Tax on Fee Paid for Marketing Service rendered outside India Since not ‘Technical Service’: ITAT [Read Order]")
Labour Wages, Money given for Purchasing Material, Travel Reimbursement etc not subject to TDS without Contract: ITAT [Read Order]
The ITAT ‘C’ Bench Kolkata, hearing an appeal filed by the assessee who is a contractor against the Order of Ld. CIT(A)-14 in confirming the disallowance of Rs. 4,53,100/- made by AO for non...
![Labour Wages, Money given for Purchasing Material, Travel Reimbursement etc not subject to TDS without Contract: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Labour Wages, Money given for Purchasing Material, Travel Reimbursement etc not subject to TDS without Contract: ITAT [Read Order]")