PRINCIPAL COMMISSIONER OF INCOME TAX 5 KOLKATA vs. MANOJ JAIN
ITAT/294/2024HC Calcutta14 Nov 2025
Bench: HON'BLE JUSTICE RAJARSHI BHARADWAJ,HON'BLE JUSTICE UDAY KUMAR
Section 147Section 148
penny stock.
However, while perusing the order dated 11th July, 2024 passed by
the learned Income Tax Appellate Tribunal (A) Bench, Kolkata, this Court
finds that the Tribunal held:
4. In the appellate proceedings, the assessee challenged
the reopening of assessment, however the same was held
to be validly done by the AO.
2
5. The Ld. A.R. vehemently submitted