ITAT Kolkata Dismisses Tax Appeal Below ₹60 Lakh Tax Effect

Advertisement ITO Vs Intime Vanijya Private Limited (ITAT Kolkata) Income Tax Appellate Tribunal (ITAT), Kolkata bench, has dismissed an appeal filed by the Income Tax Officer (ITO) against Intime Vanijya Private Limited for the Assessment Year 2013-14. The dismissal, ordered on February 6, 2025, was not based on the merits of the tax dispute but on the ground that the tax effect involved fell below the monetary threshold stipulated by the Central Board of Direct Taxes (CBDT) for filing appeals before the Tribunal. The Revenue’s appeal challenged an order dated January 9, 2024, passed...