https://www.taxtmi.com/caselaws?id=351020 The Appellate Tribunal ITAT Kolkata dismissed all 5 appeals filed by the revenue against the Ld. CIT(A) order for AYs 2007-08 to 2011-12. The revenue failed to explain the grounds of appeal, showing a lack of application of mind. The Tribunal noted the acceptance of the companies' existence and creditworthiness in the remand report but refrained from commenting on the merits. As the revenue made no effort to challenge the Ld. CIT(A) decision or provide revised grounds, the appeals were dismissed on 02.08.2017. en-us Wed, 02 Aug 2017 00:00:00 +0530 Thu, 16 Nov 2017 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351020 The Appellate Tribunal ITAT Kolkata dismissed all 5 appeals filed by the revenue against the Ld. CIT(A) order for AYs 2007-08 to 2011-12. The revenue failed to explain the grounds of appeal, showing a lack of application of mind. The Tribunal noted the acceptance of the companies' existence and creditworthiness in the remand report but refrained from commenting on the merits. As the revenue made no effort to challenge the Ld. CIT(A) decision or provide revised grounds, the appeals were dismissed on 02.08.2017. Case-Laws Income Tax Wed, 02 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351020