April 7, 2026 : The Kolkata Bench of the Income Tax Appellate Tribunal has held that additions under Section 68 of the Income Tax Act cannot be deleted merely on the basis of documentary submissions without proper verification of the Read more…
Tag: ITAT Kolkata
April 6, 2026 : The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has set aside reassessment proceedings against Addhya Forex (P) Ltd., holding that additions aggregating to ₹92.67 crore were made through effectively ex parte orders without granting Read more…
April 6, 2026 : The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition of ₹43.98 lakh made against Disha Eye Hospitals Pvt. Ltd., holding that receipts from identifiable and genuine sources cannot be treated as Read more…
April 6, 2026 : The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that where an Advance Pricing Agreement (APA) covers the relevant assessment year, transfer pricing issues must be revisited in accordance with the agreed terms. Read more…