Navtech Tradelink Pvt. Ltd vs. ITO, Ward-2(1), Kolkata
Case No: I.T.A. No.2689/Kol/2025
Court: Income Tax Appellate Tribunal ‘C’ Bench Kolkata
Date: 1/27/2026
Parties Involved
appellantNavtech Tradelink Pvt. Ltd
respondentITO, Ward-2(1), Kolkata
Facts Summary
The assessee, Navtech Tradelink Pvt. Ltd, is a company involved in the business of investment in shares. It e-filed its return of income for the assessment year 2012-13 on 24.9.2012, declaring an income of Rs.9226/-. The case was selected for scrutiny under CASS. After issuing statutory notices, the assessment was completed with additions/disallowances on two issues: (i) Unexplained cash credit under section 68 and (ii) Disallowance under section 14A/Rule 8D. Aggrieved by the assessment order, t…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the appeal before the CIT(A) was rightly dismissed due to delay without considering the merits.