KAKATUA CONSTRUCTION,KOLKATA vs. I.T.O.,WARD-49(2), KOLKATA

- This assessee’s appeal for assessment year 2015-16 arises against the Commissioner of Income Tax (Appeals)-1, Kolkata’s order dated 27.11.2019, passed in case No. 46/CIT(A)-15/17-18/Wd-49(2)/KOL, involving proceedings u/s 143(3) of the Income Tax Act, 1961; in short ‘the Act’. Case called twice. None appears at the assessee’s behest. It is accordingly proceeded ex parte. The case is now taken up adjudication on merits.

With the able assistance coming from the Revenue side through learned Addl. CIT-DR, we notice that the assessee’s pleadings in its grounds challenge correctness in both the lower authorities’ action inter alia disallowing / adding various expenditure claims in the course of assessment framed on 29.12.2017 and affirmed in the CIT(A)’s order.