Browse Tax Judgements
Showing 1–14 of 14 judgements · Browse by section & bench
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Glamour Merchandise LLP Vs ITO, Ward-15(2), Kolkata
This is an appeal filed by Glamour Merchandise LLP against the order of the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi dated 26.03.2024 passed u/s. 250 of the Income Tax Act, 1961 for AY 2011-12.…
Nightingale Finvest Private Limited Vs ITO, Ward-12(4), Kolkata
This is an appeal filed by Nightingale Finvest Private Limited against the order of the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi. The appeal pertains to the Assessment Year 2017-18. The appella…
M/s. Shree Salasar Commercial Company Private Limited Vs. I.T.O Ward-10(1), Kolkata
The assessee, M/s. Shree Salasar Commercial Company Private Limited, filed its return of income showing 'NIL' income. The case was selected for scrutiny under Computer Assisted Scrutiny Selection (CASS) due to the large share premium receiv…
M/s. Starburst Motors Pvt. Ltd. Vs. D.C.I.T., Circle-14(2), Kolkata
The assessee, M/s. Starburst Motors Pvt. Ltd., filed its return of income showing a total income of ₹46,83,010/-. The company is a dealer of Maruti Suzuki and earns revenue from operations and sale of motor cars, lubricants, and service cha…
Forum Viniyog Pvt. Ltd. Vs. ITO, Ward-8(2), Kolkata
The assessee, Forum Viniyog Pvt. Ltd., filed its return of income for AY 2012-13 on 29.09.2012 declaring ‘NIL’ income. The return was processed under section 143(1) of the Income Tax Act, 1961 by the Central Processing Centre (CPC). Based o…
Tantia Agrochemicals Pvt. Ltd. Vs. DCIT, Circle-4(2), Kolkata
The assessee, Tantia Agrochemicals Pvt. Ltd., filed its return of income for AY 2013-14 on 29.09.2013 declaring a loss of ₹4,92,06,671/-. The case was selected for scrutiny, and the assessment order u/s 144 of the Act was passed by the Asse…
Sarang Dealcom Pvt. Ltd. Vs. I.T.O., Ward-4(3), Kolkata
An information was received that M/s. Shiv Shakti Trading, a Proprietorship concern, had opened a current account with Axis Bank. The amount deposited in the account was transferred to the accounts of different beneficiaries. These were ope…
Royal Fincomm Private Limited Vs. ITO, Ward 4(1), Kolkata
The assessee, Royal Fincomm Private Limited, filed its return of income for the AY 2015-16 declaring total income at Rs.31,57,573/-. The Assessing Officer received information from SEBI indicating large-scale reversal of trades in the stock…
Nishtha Vincom Pvt. Ltd. Vs. ITO, Ward-6(3), Kolkata
The assessee, Nishtha Vincom Pvt. Ltd., filed its return of income showing a total income of ₹650/-. The case was selected for scrutiny through Computer Assisted Scrutiny Selection (CASS), and notices under sections 143(2) and 142(1) of the…
M/s. Enfield Vyapaar Pvt. Ltd. Vs. I.T.O., Ward-1(1), Kolkata
The assessee company, M/s. Enfield Vyapaar Pvt. Ltd., filed its return of income for the Assessment Year 2008-09 showing a total loss of ₹950/-. Subsequently, the case was reopened by the Assessing Officer (AO) by issuing a notice under sec…
Triveni Devi Bhutra Vs. ITO, Ward-61(4), Kolkata
The assessee, Triveni Devi Bhutra, filed her return of income showing a total income of ₹3,33,920/-. The Assessing Officer found that the assessee had deposited ₹2,50,000/- in cash during the demonetization period and added this amount to h…
Asis Sarkar Vs. ITO, Ward-50(1), Kolkata
The assessee, Asis Sarkar, filed his return of income for the assessment year 2014-15 showing a total income of ₹7,25,630/-. He furnished various documents including bank statements, fund flow statements, details of loans, and amounts recei…
Deputy Commissioner of Income Tax, Kolkata Vs. PHPL Properties Pvt. Ltd.
The case involves PHPL Properties Pvt. Ltd. (assessee) which raised share capital and premium amounting to Rs. 1,23,50,000/- during the assessment year 2013-14. The Assessing Officer (AO) added this amount to the assessee's income under sec…
Adidarshan Tradewing Private Limited Vs. I.T.O., Ward -12(2), Kolkata
The assessment proceedings were initiated against the assessee company under sections 143(3) and 263 of the Income Tax Act, 1961, following a notice issued on July 5, 2019. Despite multiple opportunities provided for compliance, the assesse…