M/s. 45 Bus Route Owner Association Vs. ITO, Ward-33(2), Kolkata
Case No: I.T.A. No.: 272/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘A’ BENCH, KOLKATA
Date: 10/13/2025
Parties Involved
appellantM/s. 45 Bus Route Owner Association
respondentITO, Ward-33(2), Kolkata
Facts Summary
The assessee, M/s. 45 Bus Route Owner Association, did not file the return of income for the Assessment Year 2016-17. The case was reopened under section 147 of the Income Tax Act, 1961 due to high value transactions amounting to ₹77,01,650/- made by the assessee. A notice under section 148 was issued, and the assessee filed a return showing a total income of ₹2,200/-. A show cause notice was issued requiring the assessee to furnish a reply along with computation of income and other documents. T…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Ld. CIT(A) erred in passing the appellate order ex-parte without providing the appellant any effective opportunity of being heard.
- 2. Whether the Ld. CIT(A) was justified in confirming the addition of Rs. 77,01,650/- made by the A.O. on account of alleged unexplained money by invoking the provision of sec. 69A of the I. T. Act, 1961.