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
![Compensation paid in connection Mining Activity for the Infringement of Land Owners’ Right is Revenue Expenditure: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Compensation-Taxscan.jpg "Compensation paid in connection Mining Activity for the Infringement of Land Owners’ Right is Revenue Expenditure: ITAT Kolkata [Read Order]")
Compensation paid in connection Mining Activity for the Infringement of Land Owners’ Right is Revenue Expenditure: ITAT Kolkata [Read Order]
In a major relief to M/s Birla Corporation Ltd., Kolkata, the Kolkata ITAT held that the amount of compensation paid in connection mining activity by...
![Penalty u/s 271(1)(c) is not Leviable when Income was Charged under MAT Provisions: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty u/s 271(1)(c) is not Leviable when Income was Charged under MAT Provisions: ITAT Kolkata [Read Order]")
![Payments made to WB State Electricity Distribution Company cannot be disallowed u/s 40A(3): Kolkata ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Payments.jpg "Payments made to WB State Electricity Distribution Company cannot be disallowed u/s 40A(3): Kolkata ITAT [Read Order]")
No Disallowance u/s 14A can be made in case of Dividend Income Accrued from Shares kept as Stock in Trade: ITAT Kolkata
In DCIT v. M/s. Kredent Brokerage Services Pvt Ltd, the division bench of the Kolkata ITAT held that disallowance under section 14A of the Income Tax Act cannot be made in case of dividend income...
Shareholding by Subsidiary Co. is irrelevant while considering ‘Deemed Dividend’ Liability of Holding Co.: ITAT Kolkata
In DCIT v. M/s. The Hooghly Mills Co.Ltd, the ITAT Kolkata held that shareholding by Subsidiary Company is irrelevant while considering ‘deemed dividend’ liability of Holding Company under section...
Rent-Free Accommodation Received by a Part Time-Director cum Employee from the Company is Not ‘Business Income’: ITAT Kolkata
In ITO v. Raghu Nandan Modi, the ITAT Kolkata held that rent-Free accommodation received by a Part Time-Director cum Employee from the Company cannot be taxable as “Business Income” under the...
ITAT confirms Order allowing IT deduction u/s 10A and 10AA to EY without Set Off of Loss of Taxable unit [Read Order]
In a major relief to the Ernst & Young Pvt Ltd (EY), the Kolkata bench of the ITAT confirmed the original assessment order passed by the Assessing Officer allowing deduction under sections 10A and...
![ITAT confirms Order allowing IT deduction u/s 10A and 10AA to EY without Set Off of Loss of Taxable unit [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Ernt-Young-EY-Taxscan.jpg "ITAT confirms Order allowing IT deduction u/s 10A and 10AA to EY without Set Off of Loss of Taxable unit [Read Order]")
![Re-Assessment without any ‘Fresh Tangible Materials’ is Invalid: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "Re-Assessment without any ‘Fresh Tangible Materials’ is Invalid: ITAT Kolkata [Read Order]")
Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]
In Gyaan Vikas Foundation v. CIT (Exemptions), the division bench of the ITAT, Kolkata held that registration under section 12A of the Income Tax Act cannot be denied to a Trust merely on the ground...
![Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]")
TDS u/s 194C Applicable to Payments made towards Channel Carriage Fees, Up-Linking Charges and Bandwidth Charges: ITAT Kolkata [Read Order]
In ITO v. Media Worldwide Pvt Ltd, the division bench of the Income Tax Appellate Tribunal (ITAT) Kolkata held that payments on account of channel carriage fees, up-linking charges, and Bandwidth...
![TDS u/s 194C Applicable to Payments made towards Channel Carriage Fees, Up-Linking Charges and Bandwidth Charges: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "TDS u/s 194C Applicable to Payments made towards Channel Carriage Fees, Up-Linking Charges and Bandwidth Charges: ITAT Kolkata [Read Order]")