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ITA No. 1562/KOL/2024 (A.Y. 2021-2022) Bhawani Constructions Pvt. Limited

Case No: ITA No. 1562/KOL/2024
Court: Income Tax Appellate Tribunal, 'A' Bench, Kolkata
Date: 9/13/2024

Parties Involved

appellantDeputy Commissioner of Income Tax, Kolkata
respondentBhawani Constructions Pvt. Limited

Facts Summary

The Revenue is in appeal before the Tribunal against the order of ld. Commissioner of Income Tax (Appeals), Kolkata-21 dated 27th December, 2023 passed for Assessment Year 2021-22. The Revenue's grievance is that ld. CIT(Appeals) has erred in deleting the addition of Rs.1,33,517/-, which was added by the ld. Assessing Officer with the aid of Section 69C of the Income Tax Act. The tax effect is only Rs.1,04,143/-. The Registry has pointed out that the appeal is time barred by 136 days. No application for condonation of delay has been filed.

Decision in favour of

Revenue

Legal Issues

  • 1. Deletion of addition by ld. CIT(Appeals) under Section 69C of the Income Tax Act.

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

1 precedent cited in this judgement.

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ITA No. 1562/KOL/2024 (A.Y. 2021-2022) Bhawani Constructions Pvt. Limited | ITA No. 1562/KOL/2024 | 2024 | Opakhya