Narayan Das Damani vs. ITO, Ward-44(1), Kolkata
Case No: I.T.A. No.2185/Kol/2025
Court: Income Tax Appellate Tribunal, 'SMC' Bench Kolkata
Date: 12/3/2025
Parties Involved
appellantNarayan Das Damani
respondentITO, Ward-44(1), Kolkata
Facts Summary
The assessee, Narayan Das Damani, runs a proprietary concern named M/s Oriental Industries, dealing in wires and cables. For the year ended 31.03.2019, he submitted a return of income showing a total income of 368,070, which was accepted under Section 143(1) on 21.02.20. However, the assessing authority received information that M/s Aerocom Trade Exim was involved in issuing fraudulent GST bills. Despite the appellant neither purchasing goods from nor making payments to M/s Aerocom Trade Exim, a…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the appellant had adequate opportunity to represent his case before the CIT(A).
- 2. Whether the additions made by the Assessing Officer were justified.
Precedents Relied Upon
3 precedents cited in this judgement.