West Bengal Electronics Industry Development Corporation Limited vs Commissioner of Income Tax (Appeals)
Case No: I.T.A. No.1590/Kol/2024 & I.T.A. No.1591/Kol/2024
Court: Income Tax Appellate Tribunal 'A' Bench, Kolkata
Date: 1/7/2026
Parties Involved
AppellantWest Bengal Electronics Industry Development Corporation Limited
RespondentCommissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi
Facts Summary
The assessee, West Bengal Electronics Industry Development Corporation Limited, a Government Company and nodal agency for IT development in West Bengal, filed its return of income for the assessment year 2012-13 declaring a total income of Rs. 6,17,45,925/-. The case was selected for scrutiny, and an assessment was framed. Subsequently, the case was reopened under sections 147/148 of the Income Tax Act, 1961, based on the claim of standard deduction @ 30% on electricity charges, service charges,…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the reopening of assessment under sections 147/148 of the Income Tax Act, 1961, is valid based on the same facts available during the original assessment.
Precedents Relied Upon
2 precedents cited in this judgement.