Indane Bottling Plant Loading and Unloading, Labour Co-operative Society Ltd. vs. Assistant Commissioner of Income Tax
Case No: I.T.A. No. 828/Kol/2025
Court: Income Tax Appellate Tribunal “B” Bench, Kolkata
Date: 8/20/2025
Parties Involved
appellantIndane Bottling Plant Loading and Unloading, Labour Co-operative Society Ltd.
respondentAssistant Commissioner of Income Tax, Circle-1, Durgapur
Facts Summary
The present appeal arises from an order under Section 250 of the Income Tax Act, 1961, passed by the Commissioner of Income Tax (Appeals) at the National Faceless Appeal Centre, Delhi, dated 24.02.2025. The Assessing Officer (AO) disallowed a claim of Rs. 50,000/- under Section 80P and added Rs. 62,53,600/- under Section 68 of the Act due to cash deposits. The assessee did not comply with notices issued by the Commissioner of Income Tax (Appeals), leading to an adverse view. Aggrieved, the asses…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Ld. CIT(A) erred in dismissing the appeal without observing principles of natural justice.
- 2. Whether the addition of Rs. 62,53,600/- as unexplained cash credit under Section 68 is valid.
2 more legal issues analysed in this judgement.