ITAT Kolkata Sets Aside CIT(A) Order in Vikram Kasera's Case, Remits Matter to CIT(A)

Strategic Insights -

The Income Tax Appellate Tribunal (ITAT) in Kolkata has issued an order on June 24, 2025, setting aside the order of the Commissioner of Income Tax (Appeals) in the case of Vikram Kasera for the assessment year 2017-2018. The ITAT has remitted the matter back to the CIT(A) to provide one more opportunity to the assessee to present his case.

Key Takeaways:

  • The ITAT has set aside the order of the CIT(A) in the case of Vikram Kasera for the assessment year 2017-2018.
  • The ITAT has remitted the matter to the CIT(A) to provide one more opportunity to the assessee to present his case.
  • The assessee, Vikram Kasera, has been directed to cooperate with the proceedings before the CIT(A) and to respond to the notice issued under section 148 of the Income Tax Act.
  • The grounds raised by the assessee in the appeal are allowed for statistical purposes.
  • The assessment year involved is 2017-2018, and the case was initially assessed by the Assessing Officer under section 144 of the Income Tax Act.
  • The assessee's return of income for the assessment year 2017-2018 was marked as invalid due to the absence of a valid ITR.

Statistics:

  • The assessment year involved is 2017-2018.
  • The total income of the assessee was assessed at Rs. 98,35,095/-, including the income as per return of income filed amounting to Rs. 12,48,090/-.
  • The amount of Rs. 85,87,005/- was assessed as unexplained under section 68 of the Income Tax Act.
  • The assessee has been directed to cooperate with the proceedings before the CIT(A) and to respond to the notice issued under section 148 of the Income Tax Act.

Sources:

  • IN THE INCOME TAX APPELLATE TRIBUNAL, 'D' BENCH, KOLKATA
  • Orders dated June 24, 2025, of the Income Tax Appellate Tribunal in Kolkata.