Sultania Realtors Pvt. Ltd. Vs. I.T.O., Ward 5(1), Kolkata
Case No: ITA No.: 2057/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘D’ BENCH, KOLKATA
Date: 12/29/2025
Parties Involved
appellantSultania Realtors Pvt. Ltd.
respondentI.T.O., Ward 5(1), Kolkata
Facts Summary
The assessee, Sultania Realtors Private Limited, filed its return of income for the Assessment Year 2018-19 on 31.10.2018 declaring ‘NIL’ income. The case was reopened under section 147 of the Income Tax Act, 1961 based on information from the Insight Portal and the Risk Management Strategy of the CBDT, revealing alleged bogus purchases of ₹94,26,275/- from two non-genuine entities. Despite several statutory notices, the assessee failed to respond adequately, and no substantiating documents were…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the delay in filing the appeal should have been condoned.
- 2. Whether the appeal should have been disposed of ex-parte.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
1 precedent cited in this judgement.