Kamakshi Jute Industries Ltd. Vs. D.C.I.T., CPC, Bengaluru
Case No: I.T.A. No.: 69/KOL/2023
Court: INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘SMC’ BENCH, KOLKATA
Date: 10/23/2025
Parties Involved
appellantKamakshi Jute Industries Ltd.
respondentD.C.I.T., CPC, Bengaluru
Facts Summary
The assessee, Kamakshi Jute Industries Ltd., filed its return of income for the Assessment Year 2018-19 showing 'NIL' income after considering deductions under Chapter VI-A. The return was processed under section 143(1) of the Income Tax Act, 1961, and the total income was assessed at ₹37,68,900/- after making an adjustment of ₹37,68,900/- on account of the contribution of EPF/ESI of employees which was deposited beyond the due date of respective Acts. The assessee claimed that the same had been…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the issue involved was debatable on facts and law and the addition made in the intimation issued under section 143(1) of the Act was unlawful and arbitrary.
- 2. Whether the adjustment/disallowance of ₹37,68,900/- made to the income of the assessee was valid.
2 more legal issues analysed in this judgement.
Precedents Relied Upon
5 precedents cited in this judgement.