Ita/42/2013 Commissioner Of Income Tax, Kolkata-Xi, Kolkata v. Ocean Express

IN THE HIGH COURT AT CALCUTTASPECIAL JURISDICTION (INCOME TAX)ORIGINAL SIDE ITA/42/2013COMMISSIONER OF INCOME TAX, KOLKATA-XI, KOLKATAVS.OCEAN EXPRESS BEFORE :THE HON’BLE JUSTICE T.S. SIVAGNANAMAndTHE HON’BLE JUSTICE HIRANMAY BHATTACHARYYADate : 2[nd] March, 2023 Appearance :Mr. Prithu Dudhoria, Adv.…for appellant The Court : - This appeal filed by the revenue under Section 260A of the IncomeTax Act, 1961 (the Act) is directed against the order dated 08.6.2012 passed by theLearned Income Tax Appellate Tribunal “B” Bench, Kolkata in I.T.A. No. 1609/Kol/2011for the Assessment Year 2007-2008. It has been submitted that this appeal was admitted by order dated June 17,2013 after framing the substantial questions of law . The learned Advocate for the revenue submits that the tax effect involved in theinstant appeal is Rs.83,820/- which is far below the threshold limit as would be evidentfrom the Circular issued by the C.B.D.T. In view of the above, the revenue cannot pursue this appeal any further. Accordingly, the appeal stands dismissed and the substantial questions of laware kept open. (T.S. SIVAGNANAM, J.) (HIRANMAY BHATTACHARYYA, J.)