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Case Law Details

Case Name : Young Mens Welfare Society Vs ADIT (CPC) (ITAT Kolkata)
Appeal Number : I.T.A Nos.613&614/Kol/2022
Date of Judgement/Order : 01/05/2023
Related Assessment Year : 2014-15 & 2015-16
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Young Mens Welfare Society Vs ADIT (CPC) (ITAT Kolkata)

Income Tax Appellate Tribunal (ITAT) in Kolkata has ruled in favor of a reassessment for the Young Mens Welfare Society. The Association of Persons (AOP) inadvertently filed their income tax return using ITR Form 7 instead of the appropriate ITR Form No.5, leading to taxation at maximum marginal rates without the deduction of expenses. The ITAT ordered a review of the case following the rejection of the assessee’s rectification application and the dismissal of the

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