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Case Law Details

Case Name : Blue Bird Technicks Pvt. Ltd. Vs DCIT (ITAT Kolkata)
Related Assessment Year : 2015-2016
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Blue Bird Technicks Pvt. Ltd. Vs DCIT (ITAT Kolkata)

Commission Not Bogus When Payee Exists & Taxed: ITAT Deletes ₹51.37 Lakh Disallowance

The appeal before the Income Tax Appellate Tribunal, Kolkata Bench, related to Assessment Year 2015–16 and arose from an order passed by the Addl./JCIT(A)-12, Mumbai, confirming a disallowance made by the Assessing Officer (AO). The assessee was engaged in the business of supplying telecom and signal parts to Indian Railways and had declared a total income of ₹70,01,266 for the relevant year..

During the

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CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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