FESTINO VINCOM LIMITED Vs. INCOME TAX OFFICER
Case No: ITA No. 59/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL “A” BENCH, KOLKATA
Date: 10/9/2025
Parties Involved
appellantFESTINO VINCOM LIMITED
respondentINCOME TAX OFFICER
Facts Summary
The assessee, FESTINO VINCOM LIMITED, filed its return of income on 29.09.2011, declaring a total income of ₹4,850/-. The case was reopened under section 147 of the Income-tax Act, 1961, by issuing a notice under section 148 dated 31.03.2018, which was served on the assessee on 11.04.2018. The reopening was based on information received by the Assessing Officer (AO) from the Income Tax Officer, Investigation Unit-1, Kolkata, indicating that substantial funds were routed through various companies…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the notice under section 148 of the Income-tax Act, 1961, dated 31.03.2018, served on 11.04.2018, is barred by limitation under section 149 of the Act, rendering it invalid and void ab initio.
Precedents Relied Upon
5 precedents cited in this judgement.