Hindcon Chemicals Limited Vs. DCIT, Circle 11(1)
Case No: ITA No.1807/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL “B” BENCH, KOLKATA
Date: 12/2/2025
Parties Involved
appellantHindcon Chemicals Limited
respondentDCIT, Circle 11(1)
Facts Summary
The assessee, Hindcon Chemicals Limited, filed its return of income for the assessment year 2014-15 declaring a total income of ₹49,59,952/-. The return was processed under section 143(1) of the Act. Subsequently, the case was reopened under section 147 of the Act by issuing a notice under section 148 on 18.07.2016. A notice under section 143(2) was issued on 20.07.2017, and the Assessing Officer assessed the income at ₹79,59,950/- vide order dated 16.12.2017 passed under section 143(3) of the A…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the notice issued under section 143(2) of the Act is valid?
Precedents Relied Upon
4 precedents cited in this judgement.