Woodland Retails Private Limited Vs. Income Tax Officer, Ward 9(1)
Case No: ITA No.335/KOL/2025
Court: INCOME TAX APPELLATE TRIBUNAL “D” BENCH, KOLKATA
Date: 11/4/2025
Parties Involved
appellantWoodland Retails Private Limited
respondentIncome Tax Officer, Ward 9(1)
Facts Summary
The assessee, Woodland Retails Private Limited, filed its return of income for the assessment year 2015-16, declaring a total income of ₹55,850/-. Subsequently, the case was reopened under section 147 of the Act by issuing a notice under section 148 on 23.06.2021, based on credible information. Following this, a notice under section 148A(b) was issued in line with the Supreme Court's decision in Union of India VS. Asish Agarwal. An order under section 148A(d) was passed on 29.07.2022, and the no…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the notice issued under section 148 of the Act is barred by limitation for the assessment year 2015-16.
Precedents Relied Upon
7 precedents cited in this judgement.