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Income Tax Appellate Tribunal, KOLKATA BENCH (SMC
Before: Shri P.M. Jagtap, AM]
order : January 31, 2018 ORDER This appeal filed by the assessee is directed against the order of Ld. CIT(Appeals) – 2, Kolkata dated 24.08.2017 whereby he dismissed the appeal of the assessee ex-parte.
The assessee in the present case is an individual who derives income from business, salary, rent and other sources. The return of income for the year under consideration was filed by him on 23.02.2011 declaring a total income of Rs. 5,87,650/-. In the assessment completed under section 143(3) vide an order dated 11.03.2013, the total income of the assessee was determined by the assessee at Rs. 10,52,983/- after making additions of Rs. 24,303/- and Rs. 4,41,030/- on account of disallowance of corporation tax and other expenses respectively.