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
![Expenditure incurred to earn exempt Income computed u/s 14A can’t be added while computing Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/ITAT-Taxscan.jpg "Expenditure incurred to earn exempt Income computed u/s 14A can’t be added while computing Book Profit: ITAT [Read Order]")
Expenditure incurred to earn exempt Income computed u/s 14A can’t be added while computing Book Profit: ITAT [Read Order]
Kolkata ITAT recently held that the expenditure incurred to earn exempt income computed under section 14A of the Income Tax Act could not be added...
![Exemption u/s 80G can’t be Granted if Expenditure of Religious Nature is more than 5% of Total Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Exemption-80G-Donation.jpg "Exemption u/s 80G can’t be Granted if Expenditure of Religious Nature is more than 5% of Total Income: ITAT [Read Order]")
![Housing Loan for New House can’t be a reason to Deny Tax Benefit u/s 54: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/New-House.jpg "Housing Loan for New House can’t be a reason to Deny Tax Benefit u/s 54: ITAT [Read Order]")
![Current Account Transactions would not attract Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Current-Account-Transactions-Taxscan.jpg "Current Account Transactions would not attract Deemed Dividend: ITAT [Read Order]")
![No Wealth Tax If Assessee used Building for Construction / Set Up of Office and Service Centre: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Wealth-Tax-Taxscan.jpg "No Wealth Tax If Assessee used Building for Construction / Set Up of Office and Service Centre: ITAT [Read Order]")
Profits from Offshore Supply of Equipment and Services cannot be attributed to the Installation PE of the Assessee in India: ITAT [Read Order]
Recently, Kolkata Bench of Income Tax Appellate Tribunal (ITAT) in HITT Holland Institute of Traffic Technology B.V vs. DCIT, International Taxation, held that the consideration received from the...
![Profits from Offshore Supply of Equipment and Services cannot be attributed to the Installation PE of the Assessee in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Offshore-Supply-PE-Permanent-Establishment-Taxscan.jpg "Profits from Offshore Supply of Equipment and Services cannot be attributed to the Installation PE of the Assessee in India: ITAT [Read Order]")
Sub-Contracting of Assessee’s Annual Maintenance Service to an Indian Contractor doesn’t create a Virtual Presence of the Assessee in India: ITAT [Read Order]
Kolkata Bench of Income Tax Appellate Tribunal (ITAT) in HITT Holland Institute of Traffic Technology B.V vs. DCIT, International Taxation, held that presence of an Indian contractor to which the...
![Sub-Contracting of Assessee’s Annual Maintenance Service to an Indian Contractor doesn’t create a Virtual Presence of the Assessee in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Sub-Contracting-Taxscan.jpg "Sub-Contracting of Assessee’s Annual Maintenance Service to an Indian Contractor doesn’t create a Virtual Presence of the Assessee in India: ITAT [Read Order]")
Interest on Security Deposit made for Sales Tax Registration is Taxable as ‘Other Income’ : ITAT [Read Order]
While partly allowing the appeal filed by Jhabua Power Limited, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently ruled that interest on security deposit made for sales tax registration...
![Interest on Security Deposit made for Sales Tax Registration is Taxable as ‘Other Income’ : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Security-Deposit-ITAT-Taxscan.jpg "Interest on Security Deposit made for Sales Tax Registration is Taxable as ‘Other Income’ : ITAT [Read Order]")
![TDS not applicable to Off-Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/TDS-Taxscan.jpg "TDS not applicable to Off-Transactions: ITAT [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 the disallowance made by the Assessing Officer on...
![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]")
Advertisement Expenses paid to Prasar Bharati by Doctor Eligible for Deduction though it violates Indian Medical Council’s Norms: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal in the case of Amit Ghose versus DCIT wherein bench held that the advertisement expenses incurred by a Doctor are eligible for income tax...
![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]
While quashing the revisional assessment in the case of Sangeeta Jain, Income Tax Appellate Tribunal (ITAT) Delhi bench recently ruled that capital gain exemption allowed by the Assessing Officer (AO)...
![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]")