Ita/307/2009 Of Commissioner Of Income Tax, Kol v. The Peerless General Finance & Investment Co. Ltd
High Court
14 Dec 2020 In favour of: Assessee
Forum / Bench
High Court · calcutta_original_side
Parties
Ita/307/2009 Of Commissioner Of Income Tax, Kol v. The Peerless General Finance & Investment Co. Ltd
Date of order
14 Dec 2020
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Ita/307/2009 Of Commissioner Of Income Tax, Kol v. The Peerless General Finance & Investment Co. Ltd, the High Court (2020) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is accordingly dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ORDER SHEETIN THE HIGH COURT AT CALCUTTACIVIL APPELLATE JURISDICTIONORIGINAL SIDEIA No.GA/1/2019 (Old No.GA/2328/2019)In ITA/307/2009COMMISSIONER OF INCOME TAX, KOLKATAVersusTHE PEERLESS GENERAL FINANCE & INVESTMENT CO. LTD.
BEFORE: The Hon'ble JUSTICE I.P. MUKERJI-And- The Hon’ble JUSTICE KAUSIK CHANDA Date : 14[th] December, 2020.
Mr. P.K. Bhowmick, Adv.… for the appellantMr. A. Chatterjee with Mr. G.R. Sharma, Adv.… for the respondents
Mr. P.K. Bhowmick, learned counsel for the appellant/revenue,submits on instruction that the tax effect in this appeal is below Rs.1crore.
In those circumstances, according to the existing circular of theCentral Government, the appellant cannot proceed with the appeal.
The appeal is accordingly dismissed as not pressed.
(I.P. MUKERJI, J.)
(KAUSIK CHANDA, J.)
K. BanerjeeA.R. [C.R.]
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