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CIT (A) cannot enhance taxable income based on issues not considered by AO
Case Law Details
- Case Name
- Apeejay Shipping Ltd. Vs ACIT (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2010-11
- Courts
- All ITAT, ITAT Kolkata
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Apeejay Shipping Ltd. Vs ACIT (ITAT Kolkata)
The case of Apeejay Shipping Ltd. vs ACIT (ITAT Kolkata) revolves around the powers of the Commissioner (Appeals) to raise new tax issues and enhance taxable income. The Income Tax Appellate Tribunal (ITAT) analyzed whether the Commissioner (Appeals) had the authority to introduce new sources of income beyond the assessment order and whether such actions were in accordance with the law.
1. Background and Disallowances: The case involves Apeejay Shipping Ltd., a company engaged in shipping business, which filed its return of income for Assessment Yea...
