Courts: ITAT Kolkata
Find latest ITAT Kolkata judgments, orders and case laws on income tax covering assessments, deductions, transfer pricing, capital gains, TDS, reassessment and penalties.
No Penalty Where Return Filed After Probate Grant and Income Fully Disclosed in Form 26AS
APA with CBDT Binding; TPO Must Align ALP with APA Terms, Not Override: ITAT Kolkata
MAT Not Applicable as Bank Not Formed Under Companies Act: ITAT Kolkata
ITAT Remands Case Due to Lack of Opportunity to Substantiate Bogus Expense Claim
ITAT Deletes Additions as Bogus Purchases Cannot Be Based on Suspicion Without Evidence
ITAT Allows Full Salary Deduction Due to Acceptance of 75% Expenditure by Authorities
Tax Audit Mandatory Even for Exempt Income if Turnover Threshold Crossed: ITAT Kolkata
ITAT Kolkata Reduces Profit Estimation to 4% Due to Lack of Comparable Basis
Surcharge at 37% Cannot Be Applied on Income Below ₹50 Lakh of private discretionary trusts
Recourse to residuary provision 37(1) not justified as provision u/s. 35D for amortization of preliminary expense exists
ITAT Kolkata quashed Reassessment as Time-Barred Due to Expiry of Limitation Period
Excess payment over net book value in amalgamation is goodwill hence eligible for depreciation u/s. 32(1)(ii)
Disallowance of Insurance Expenses Set Aside Because IRDA Limits Do Not Automatically Bar Tax Deduction
Faceless Reassessment Invalid Because Section 151A Scheme Was Not Yet Notified: ITAT Kolkata
ITAT Kolkata judgments and orders form an important source of appellate case law on income-tax matters. This page collects Tribunal decisions concerning assessments, additions, deductions, exemptions, business income, capital gains, transfer pricing, international taxation, TDS, reassessment, unexplained income, penalties and procedural disputes. Companies, taxpayers, Chartered Accountants, advocates and tax professionals can use this category to research ITAT Kolkata precedents relevant to their cases. TaxGuru maintains an extensive collection of recent and important earlier ITAT Kolkata decisions, making the page useful for following developments in direct tax jurisprudence and appellate practice.
