Khaitan Winding Wire Private Limited Vs. DCIT, Circle 4(1)
Case No: ITA No.877 & 878/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL “B” BENCH, KOLKATA
Date: 11/3/2025
Parties Involved
AppellantKhaitan Winding Wire Private Limited
RespondentDCIT, Circle 4(1)
Facts Summary
The assessee, Khaitan Winding Wire Private Limited, filed its return of income on 01.10.2010, showing a total income of ₹1,65,27,36/-. The assessment under section 143(3) of the Act was framed on 18.03.2013, assessing the income at ₹12,05,31,600/-. Subsequently, the case was reopened under section 147 of the Act by issuing a notice under section 148 of the Act on 30.01.2015. The assessee did not file a return in response to this notice but instead filed a letter dated 09.02.2015, requesting that…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the assessment order is barred by limitation.
Precedents Relied Upon
14 precedents cited in this judgement.