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 Deletes ₹1 Crore Addition, Rules Refunded Advances Cant Be Taxed as Income [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/2042898-itat-itat-kolkata-refunded-advance-taxscan.webp "ITAT Deletes ₹1 Crore Addition, Rules Refunded Advances Cant Be Taxed as Income [Read Order]")
ITAT Deletes ₹1 Crore Addition, Rules Refunded Advances Can't Be Taxed as Income [Read Order]
The Income Tax Appellate Tribunal (ITAT) Kolkata Bench has ruled in favor of Lahoti India Ltd., deleting an addition of ₹1 crore made by tax ...
![ITAT Orders Recalculation of Presumptive Income u/s 44 After Spotting Turnover Discrepancy [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/2042882-itat-itat-kolkata-presumptive-income-taxscan.webp "ITAT Orders Recalculation of Presumptive Income u/s 44 After Spotting Turnover Discrepancy [Read Order]")
![ITAT Dismisses Revenues Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/2041137-itat-itat-dismisses-revenues-challenge-revenues-challenge-taxscan.webp "ITAT Dismisses Revenues Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]")
![Unexplained Cash Deposit During Demonetization Added u/s 69A: ITAT Sets Aside CIT(A) Ex-Parte Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/2041493-unexplained-cash-.webp "Unexplained Cash Deposit During Demonetization Added u/s 69A: ITAT Sets Aside CIT(A) Ex-Parte Order [Read Order]")
![NFAC issues Duplicate of Earlier Order due to Mis-communication: ITAT Sets Aside Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/05/2041321-nfac-itat-taxscan.webp "NFAC issues Duplicate of Earlier Order due to Mis-communication: ITAT Sets Aside Order [Read Order]")
No Basis for Cooperative Bank Status: ITAT Restores Society Status and Remands Disallowance Matter [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) restored its status as a Cooperative Society under the Income Tax Act, 1961, and set aside the Assessing Officer’s (AO) classification of...
![No Basis for Cooperative Bank Status: ITAT Restores Society Status and Remands Disallowance Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/ITAT-Cooperative-bank-Taxscan.jpg "No Basis for Cooperative Bank Status: ITAT Restores Society Status and Remands Disallowance Matter [Read Order]")
Unexplained Property Purchase of Rs. 58 Lakh Leads to Income Addition: ITAT Sets Aside CIT(A) Order [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Commissioner of Income Tax (Appeals)[CIT(A)] order and directed a fresh hearing after the assessee’s unexplained property...
![Unexplained Property Purchase of Rs. 58 Lakh Leads to Income Addition: ITAT Sets Aside CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Addition-ITAT-taxscan.jpg "Unexplained Property Purchase of Rs. 58 Lakh Leads to Income Addition: ITAT Sets Aside CIT(A) Order [Read Order]")
CIT(A) dismisses Income tax Appeal on Technical Grounds rather than on Merits: ITAT directs to issues Speaking Order [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench directed the Commissioner of Income Tax (Appeals) [CIT(A)] to issue a speaking order where the appellate authority...
![CIT(A) dismisses Income tax Appeal on Technical Grounds rather than on Merits: ITAT directs to issues Speaking Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/lady-justice-site-img.jpg "CIT(A) dismisses Income tax Appeal on Technical Grounds rather than on Merits: ITAT directs to issues Speaking Order [Read Order]")
![ITAT Weekly Round-Up [May 11th - May 18th]](https://www.taxscan.in/wp-content/uploads/2025/05/itat-itat-roundup-weeklyrounup-taxscan-1.jpg "ITAT Weekly Round-Up [May 11th - May 18th]")
No Evidence of Price Rigging: Calcutta HC Dismisses Income Tax Dept Appeal in Rs. 71L Penny Stock Loss Case [Read Order]
The Calcutta High Court recently dismissed an appeal filed by the Income Tax Department in a case involving the disallowance of ₹71.38 lakh in losses claimed from transactions in penny stock scrips. ...
![No Evidence of Price Rigging: Calcutta HC Dismisses Income Tax Dept Appeal in Rs. 71L Penny Stock Loss Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Calcutta-High-Court-Income-Tax-Dept-Appeal-Penny-Stock-Loss-Case-TAXSCAN.jpg "No Evidence of Price Rigging: Calcutta HC Dismisses Income Tax Dept Appeal in Rs. 71L Penny Stock Loss Case [Read Order]")
Mere Non-Compliance of Summons u/s 131 Not Ground for Addition u/s 68 When Evidences Furnished before AO: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that in cases of unabated assessments, no addition can be sustained under Section 68 of the Income Tax Act, 1961, in the...
![Mere Non-Compliance of Summons u/s 131 Not Ground for Addition u/s 68 When Evidences Furnished before AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Incriminating-Material-ITAT-TAXSCAN.jpg "Mere Non-Compliance of Summons u/s 131 Not Ground for Addition u/s 68 When Evidences Furnished before AO: ITAT [Read Order]")
Reopening u/s 147 Must Be Based on Specific and Clear Grounds, Not Borrowed Satisfaction: ITAT Quashes ₹68L Addition [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the reason for reopening under section 147 of the Income Tax Act, 1961, should be on definite and specific grounds. It...
![Reopening u/s 147 Must Be Based on Specific and Clear Grounds, Not Borrowed Satisfaction: ITAT Quashes ₹68L Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Kolkata-Reopening-under-section-147-TAXSCAN.jpg "Reopening u/s 147 Must Be Based on Specific and Clear Grounds, Not Borrowed Satisfaction: ITAT Quashes ₹68L Addition [Read Order]")