Case Law › High Court › Binani Industries Limited v. The Assista...

Binani Industries Limited v. The Assistant Commissioner Of Income Tax, Centralcircle-2(2), Kolkata & Ors

High Court 24 Mar 2022 In favour of: Revenue

Forum / Bench

High Court · calcutta_appellate_side

Parties

Date of order

24 Mar 2022

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In Binani Industries Limited v. The Assistant Commissioner Of Income Tax, Centralcircle-2(2), Kolkata & Ors, the High Court (2022) dismissed the appeal. The decision went in favour of the Revenue.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

Sections referenced in this judgment

Section 148 case law →

24.3.2022 ks WPA 4938 of 2022 sl. 13 Binani Industries Limited Vs The Assistant Commissioner of Income Tax, CentralCircle-2(2), Kolkata & Ors. Mr. M. Agarwal,Mr. Sanjoy Bhowmick,Mr. A.K. Dey … For the Petitioner.Ms. Smita Das De … For the State. Heard learned Advocates appearing for the parties. This writ petition has been filed against theimpugned notice under Section 148 of the Income TaxAct, 1961 dated 30[th] March, 2021 and the impugnedorder of rejection of its objection against the aforesaidimpugned notice by raising several factual and legalissues. However, petitioner does not want to pressthis writ petition with liberty to take all the factual andlegal issues raised in this writ petition, before theAssessing Officer concerned in course of relevant re-assessment proceedings. Considering such prayer of the petitioner, this writpetition, being WPA 4938 of 2022 is dismissed as “notpressed” with liberty to the petitioner as sought herein. ( Md. Nizamuddin, J. )

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