Mech Secons Vs. D.C.I.T., CC-3(3), Kolkata
Case No: ITA No.: 2401/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘C’ BENCH, KOLKATA
Date: 1/28/2026
Parties Involved
appellantMech Secons
respondentD.C.I.T., CC-3(3), Kolkata
Facts Summary
The assessee company filed its return of income showing a total income of ₹3,36,38,277/-. A survey under section 133A(1) of the Income Tax Act was conducted at the office and residential premises of the assessee, and the assessment was reopened under section 147 of the Act after issuing a notice under section 148 of the Act. The assessee submitted that the return filed on 20.09.2017 may be treated as the return filed in response to the notice under section 148 of the Act. The Assessing Officer a…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the Commissioner of Income Tax (Appeal) erred in not allowing the credit of prepaid taxes of Rs.5,00,000/- paid on 30th March 2019 and Rs.5,00,000/- paid on 31st March 2019 under section 140A of the Income Tax Act, 1961.
- 2. Whether the Commissioner of Income Tax (Appeal) erred in not allowing the appellant's claim seeking credit of payment of tax amounting to Rs. 10,00,000/-.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
1 precedent cited in this judgement.