CHANDRA BROS.,KOLKATA vs. I.T.O., WARD - 37(1), KOLKATA, KOLKATA
In the result, the appeal filed by the assessee is partly allowed for statistical purposes
ITA 1572/KOL/2024[2022-2023]Status: DisposedITAT Kolkata22 Jul 2025AY 2022-2023
Bench: Sri Pradip Kumar Choubey & Sri Rakesh Mishra
Section 143(1)Section 145(2)Section 250Section 44A
house properties' on the dissolution of the firm on 13-3-1961. In the memo of Page 8 of 18
I.T.A. No.: 1572/KOL/2024
Assessment Year: 2022-23
Chandra Bros.
adjustment for income-tax purposes, however, the above sum was deducted on the ground that it was not assessable either as revenue or capital. The ITO issued a notice under section
