Anupama Vintrade Pvt. Ltd. vs. ITO, Ward-10(2), Kolkata
Case No: ITA No.1313/Kol/2025
Court: Income Tax Appellate Tribunal, 'A' Bench, Kolkata
Date: 10/27/2025
Parties Involved
appellantAnupama Vintrade Pvt. Ltd.
respondentITO, Ward-10(2), Kolkata
Facts Summary
The assessee, Anupama Vintrade Pvt. Ltd., filed its return of income for the assessment year 2015-16 declaring a total income of Rs.23,32,310/-. The return was processed under section 143(1) of the Income Tax Act. Later, based on information received that the assessee company had received an accommodation entry of Rs.55,00,000/- from parties controlled by Niraj Singh, the case was selected for scrutiny proceedings. A notice under section 148 of the Act was issued on 28.06.2021, and subsequently,…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the reopening of assessment under section 148 of the Income Tax Act was barred by limitation.
Precedents Relied Upon
6 precedents cited in this judgement.