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Maa Biddeswari Agro Products Pvt. Ltd. Vs ITO (ITAT Kolkata)

The Income Tax Appellate Tribunal (ITAT) Kolkata has made a significant ruling in the case of Maa Biddeswari Agro Products Pvt. Ltd. vs ITO. This article provides a detailed overview of the case and the ITAT’s decision.

Background: The assessee, Maa Biddeswari Agro Products Pvt. Ltd., filed its income tax return for the assessment year 2014-15, declaring a total income of Rs. 1,07,680/-. However, the Assessing Officer (AO) added Rs. 46,52,400/- to the assessee’s income on account of sh

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