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Landmark Rulings

ITAT Kolkata — Direct Tax

402 rulings

  1. ITAT Kolkata · 22 Jul 2026
    Kolkata ITAT Confers Retrospective Tax Exemption to Trusts Under Section 12A(2) for Assessment Years Before Grant of Registration, Extends Applicability to Pending Tribunal Proceedings

    Sri Sri Jagannath Jew Vs ACIT

    (2026) TaxCorp(LJ) 38388 (ITAT-KOLKATA) · Section 12AB

  2. ITAT Kolkata · 13 Jul 2026
    Kolkata ITAT Invalidates Reassessment Proceedings for Non-Disclosure of Search Materials to Assessee under Section 148A(b)

    Piyush Agarwala Vs DCIT

    (2026) TaxCorp(LJ) 38313 (ITAT-KOLKATA)

  3. ITAT Kolkata · 29 May 2026
    Kolkata ITAT Affirms Validity of Reassessment Notice under Section 148 Despite Absence of Incriminating Material at Issuance Stage; Clarifies Application of Section 170 in Amalgamation Scenarios

    Action Tie-up Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38149 (ITAT-KOLKATA)

  4. ITAT Kolkata · 21 Apr 2026
    Kolkata ITAT Quashes Section 68 Addition on Share Capital: Upholds Assessee’s Documentary Proof Over Revenue’s Suspicions

    Binapani Sales Private Limited Vs ITO

    (2026) TaxCorp(LJ) 37990 (ITAT-KOLKATA) · Section 68

  5. ITAT Kolkata · 20 Mar 2026
    Kolkata ITAT Rules Surcharge Not Applicable on Discretionary Trusts with Income Below Rs. 50 Lakh; Clarifies Interpretation of ‘Maximum Marginal Rate’

    Chanda Bharech Beneficiary Trust Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 37825 (ITAT-KOLKATA)

  6. ITAT Kolkata · 27 Feb 2026
    Kolkata ITAT Rules License Fees from Mall Leasing as 'Income from House Property'; Invalidates Defective 143(2) Notice for Hind Ceramics

    Hind Ceramics Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37696 (ITAT-KOLKATA)

  7. ITAT Kolkata · 27 May 2026
    Kolkata ITAT Quashes Additions on Interest Income and Short-Term Capital Gains, Upholds Consistency Doctrine in Tax Exemption Claims

    Assam Infrastructure Financing Authority Vs DCIT

    (2026) TaxCorp(LJ) 37664 (ITAT-KOLKATA)

  8. ITAT Kolkata · 22 Feb 2026
    Kolkata ITAT Invalidates Reassessment for Lack of Independent Application of Mind by PCIT Under Section 151

    Kippy Engineering Pvt. Ltd Vs ACIT

    (2026) TaxCorp(LJ) 37595 (ITAT-KOLKATA) · Section 151

  9. ITAT Kolkata · 12 Feb 2026
    ITAT Kolkata Reduces Penalty to 30% under Section 271AAB Due to Authorized Officer’s Procedural Lapses in Search Proceedings

    Anurag Kyal Vs ACIT

    (2026) TaxCorp(LJ) 37500 (ITAT-KOLKATA) · Section 271AAB

  10. ITAT Kolkata · 28 Nov 2025
    Kolkata ITAT Holds Employee Not Liable for TDS Non-Deposit by BYJU’S, Directs Credit of Deducted Tax Despite Employer Default

    Ajay Kumar Goel Vs DCIT

    (2025) TaxCorp(LJ) 37141 (ITAT-KOLKATA)

  11. ITAT Kolkata · 10 Dec 2025
    Kolkata ITAT Remands Gift Addition for AO’s Re-examination: Distinguishes “Relative” under Section 56(2), Directs Consideration of Section 10(2) Exemption for HUF Gifts

    Seema Sureka Vs Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37132 (ITAT-KOLKATA) · Section 56(2)

  12. ITAT Kolkata · 05 Nov 2025
    Kolkata ITAT Affirms Use of DVO’s FMV for Long-Term Capital Gains, Dismisses Assessee’s Plea on Section 155(15) in Multi-Property Sale

    Bimla Devi Agrawal Vs Assessing Officer

    (2025) TaxCorp(LJ) 37027 (ITAT-KOLKATA) · Section 155(15)

  13. ITAT Kolkata · 11 Sep 2025
    Kolkata ITAT Upholds Interest Disallowance on Differential Rates for Related Party Advances Under Section 57(iii)

    Raj Kumar Goenka Vs DCIT

    (2025) TaxCorp(LJ) 36760 (ITAT-KOLKATA) · Section 57

  14. ITAT Kolkata · 20 Aug 2025
    Kolkata ITAT Upholds PCIT’s Section 263 Revision for Non-Consideration of Expense Apportionment in Section 80IA Deduction Computation

    Shyam Metalics and Energy Ltd Vs ACIT

    (2025) TaxCorp(LJ) 36644 (ITAT-KOLKATA) · Section 263

  15. ITAT Kolkata · 14 May 2025
    ITAT Kolkata Rules on Income Classification Under Section 80-IC: Narrow Definition of ‘Derived From’

    La Opala RG Ltd Vs DCIT

    (2025) TaxCorp(LJ) 35272 (ITAT-KOLKATA) · Section 80IC

  16. ITAT Kolkata · 20 Mar 2025
    Kolkata ITAT Rules in Favor of Cooperative Agricultural Society, Upholding Deduction Under Section 80P(2)(a)(i)

    Gobindapur Panchpota Samabay Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34962 (ITAT-KOLKATA)

  17. ITAT Kolkata · 27 Feb 2025
    Kolkata ITAT Rules on Inapplicability of Section 2(22)(e) for Regular Transactions with Subsidiaries

    Merino Industries Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34886 (ITAT-KOLKATA) · Section 2(22)(e)

  18. ITAT Kolkata · 20 Feb 2025
    Kolkata ITAT Rules Out Addition Under Section 56(2)(x), Citing Legislative Timeliness for Assessment Year 2013-14

    Kajari Banerjee Vs ITO

    (2025) TaxCorp(LJ) 34864 (ITAT-KOLKATA) · Section 56(2)(x)

  19. ITAT Kolkata · 11 Feb 2025
    Kolkata ITAT Challenges CIT(A) Additions under Black Money Act: Assessee Cleared of Beneficial Interest in Foreign Accounts

    Anurag Kejriwal Vs ADIT

    (2025) TaxCorp(LJ) 34827 (ITAT-KOLKATA)

  20. ITAT Kolkata · 22 Jan 2025
    Kolkata ITAT Upholds CIT(A) Ruling, Deleting Black Money Act Additions and Penalties for Assessment Years 2014-15 to 2016-17

    Vikash Marda Vs JCIT

    (2025) TaxCorp(LJ) 34773 (ITAT-KOLKATA)

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