Browse Tax Judgements
Showing 1–12 of 12 judgements · Browse by section & bench
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Satya Subhas Ghoshal vs. ITO, Ward-28(2), Presently Ward-30(1), Kolkata
The assessee, Satya Subhas Ghoshal, filed his return of income showing a total income of Rs.3,39,860/-. The case was selected for scrutiny, and the Assessing Officer issued notices under sections 143(2) and 142(1) of the Income-tax Act, 196…
Jalpaiguri Zilla Regulated Marketing Committee vs. ITO, Jalpaiguri
The assessee, Jalpaiguri Zilla Regulated Marketing Committee, did not file its income returns for the assessment year 2015-16. The Assessing Officer received information about huge cash deposits of Rs. 1,91,12,639 made by the assessee but n…
Happy Homes & Houses Pvt. Ltd. vs. ITO, Ward 9(2)
The assessee, Happy Homes & Houses Pvt. Ltd., raised share capital from 8 share subscribers by issuing 30,000 equity shares of face value of ₹10 at a premium of ₹490, thus receiving ₹1,50,00,000/- as share capital/share premium. The assesse…
Goodwill Tracon Pvt. Ltd. vs. ITO, Ward -11(1), Kolkata
The assessee, Goodwill Tracon Pvt. Ltd., filed its original return of income for the assessment year 2012-13 declaring a total income of Rs.8,590/-. The return was selected for scrutiny, and notices under sections 143(2) and 142(1) of the I…
Bimla Devi Gupta vs. ITO, Ward-37(1), Kolkata
The assessee, Bimla Devi Gupta, filed a return of income declaring a total income of Rs.2,132,710/-. The Assessing Officer conducted an assessment under Section 147 read with Section 144B of the Income-tax Act, 1961, and made an addition of…
Aashirwad Vincom Pvt. Ltd vs. ITO, Ward-9(1), Kolkata
The assessee, Aashirwad Vincom Pvt. Ltd, filed a return of income for the assessment year 2012-13 declaring a total loss of Rs.5,11,731/-. The case was selected for scrutiny due to large interest expenses relatable to exempt investment unde…
Topwell Agency (P) Ltd. vs. ACIT, Cen. Circle-3(1), Kolkata
The assessee, Topwell Agency (P) Ltd., filed its return of income for the assessment year 2012-13 under section 139 of the Income-tax Act, 1961. The assessment was completed under section 147 read with section 143(3) of the Act, determining…
Kiran Agarwal vs. ITO, Ward -28(4), Kolkata
The assessee, Kiran Agarwal, filed its original return of income for the assessment year 2015-16 on 28.08.2015 declaring a total income of Rs.5,66,650/-. The case was selected for scrutiny as per CASS. During the relevant assessment year, t…
Deepmala Vyapaar Pvt. Ltd vs. ITO, Ward-6(1), Kolkata
The case involves Deepmala Vyapaar Pvt. Ltd, which filed its return of income for the assessment year 2012-13 declaring a total income of Rs.42,222/-. The case was selected for scrutiny through CASS due to the issuance of shares by the asse…
Tirupati Marbles vs. ITO, Ward-44(2), Kolkata
The assessee, Tirupati Marbles, filed a return of income on 30.09.2010 claiming a total income of Rs.2,89,213/- and a refund of Rs.20,633/- on advance payments of Rs.1.10,000/-. The case was reopened by issuing a notice under section 148 of…
Prominent Tradelink Pvt. Ltd. vs. ITO, Ward-15(2), Kolkata
The assessee, Prominent Tradelink Pvt. Ltd., filed its original return of income on 12.12.2012 claiming a total income of Rs. 13,230/-. The case was taken up for scrutiny, and the Assessing Officer observed that the assessee had taken an un…
Beekay Vanijya Pvt. Ltd. vs. DCIT, Circle -7(1), Kolkata
The assessee, Beekay Vanijya Pvt. Ltd., filed a return of income for the assessment year 2014-2015 declaring an income of Rs.88,37,270/-. However, the Assessing Officer assessed the income to Rs.4,55,31,490/- by making certain additions and…