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Secured Home Finance Ltd. Vs. PCIT-5, Kolkata

I.T.A. No. 2058 & 2059/Kol/2024Income Tax Appellate Tribunal (ITAT) 'B' Bench, Kolkata25 Mar 2025

The assessee company, Secured Home Finance Ltd., filed its return of income declaring a total loss of Rs. 3,98,506/-. The return was selected for scrutiny. The Assessing Officer (AO) made additions under section 14A of Rs. 34,314/- and Rs.

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DCIT, CC-1(4), Kolkata vs. Jupiter International Limited

ITA No.1678/Kol/2025Income Tax Appellate Tribunal, 'B' Bench, Kolkata21 Jan 2026

The assessee company, Jupiter International Limited, was established on 08.09.1978 and is engaged in the trading of computer peripherals and parts and manufacturing of CDR and DVDR. The company filed its original return of income for the as

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Associated Global Finance Ltd. vs. Assistant Commissioner of Income Tax

ITA No. 2139/Kol/2025INCOME TAX APPELLATE TRIBUNAL “A” BENCH, KOLKATA27 Nov 2025

This appeal arises from an order under section 250 of the Income Tax Act, 1961, dated 30.07.2025, passed by the Learned Commissioner of Income Tax (Appeals)-Kolkata. The Learned Assessing Officer (AO) noticed that certain additions to the i

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Concord Trexim Private Limited vs. DCIT, Circle 13(1), Kolkata

I.T.A. No. 2161/Kol/2025INCOME TAX APPELLATE TRIBUNAL “A” BENCH, KOLKATA18 Dec 2025

The assessee, Concord Trexim Private Limited, filed its return of income on 29.10.2018 declaring total income at Rs. 'Nil'. The return was processed under section 143(1) of the Income Tax Act, 1961 on 11.04.2019, accepting the returned inco

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Century Commotrade Pvt. Limited

ITA No. 1324/KOL/2025Income Tax Appellate Tribunal, ‘SMC’ Bench, Kolkata31 Dec 2025

The assessee, Century Commotrade Pvt. Limited, a Private Limited Company, filed its return of income for the Assessment Year 2013-2014 declaring a total income of Rs.17,08,950/-. The case was selected for scrutiny, and statutory notices und

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JCIT, (IN-SITU), Circle-4(1), Kolkata Vs. Tezas Trading Company Pvt. Ltd.

I.T.A. No.: 1505/KOL/2024INCOME TAX APPELLATE TRIBUNAL “A” BENCH, KOLKATA22 Jan 2025

The appeal was preferred by the revenue against the order of the Ld. Commissioner of Income Tax (Appeal), National Faceless Appeal Centre (NFAC), Delhi, which quashed the assessment order made by the Assessing Officer. The Assessing Officer

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Maithan Alloys Ltd. Vs. DCIT, Cir.1(1)

ITA Nos.543 & 544/KOL/2024INCOME TAX APPELLATE TRIBUNAL “B” BENCH, KOLKATA21 Jan 2025

The Assessing Officer (AO) disallowed an interest expenditure of ₹2,08,45,476/- under section 36(1)(iii) of the Act, noting that the assessee had charged ₹5,57,03,070/- as interest on loan in the profit and loss account. The AO observed tha

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Ambuja Neotia Hotel Ventures Ltd. vs. DCIT, Circle 8(1)

ITA No.44/KOL/2024Income Tax Appellate Tribunal 'B' Bench, Kolkata8 Jan 2025

During the assessment year 2014-15, the assessee, Ambuja Neotia Hotel Ventures Ltd., earned exempt income of Rs.3,929/- by way of dividend income. The assessee suo moto disallowed Rs.13,355/- as expenditure incurred in relation to earning o

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