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M/S Industrial Investment Bank Of India Limited v. Principal Commissioner Of Income-Tax (Pcit),Kolkata-2

High Court 10 Jul 2025 In favour of: Revenue
Forum / Bench
High Court · calcutta_original_side
Parties
M/S Industrial Investment Bank Of India Limited v. Principal Commissioner Of Income-Tax (Pcit),Kolkata-2
Date of order
10 Jul 2025
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In M/S Industrial Investment Bank Of India Limited v. Principal Commissioner Of Income-Tax (Pcit),Kolkata-2, the High Court (2025) dismissed the appeal. The decision went in favour of the Revenue.

Decision: Accordingly, the appeal is dismissed as withdrawn.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT AT CALCUTTA SPECIAL JURISDICTION ORIGINAL SIDE ITAT/25/2025 IA NO:GA/1/2025 M/S INDUSTRIAL INVESTMENT BANK OF INDIA LIMITED VS. PRINCIPAL COMMISSIONER OF INCOME-TAX (PCIT),KOLKATA-2 BEFORE : THE HON’BLE THE CHIEF JUSTICE T.S. SIVAGNANAM AND THE HON’BLE JUSTICE CHAITALI CHATTERJEE (DAS) Dated : 10[th] July, 2025 Appearance:Ms. Alisha Das, Adv. …for Appellant Mr. Aryak Dutt, Adv. Mr. Soumen Bhattacharjee, Adv. ..for Respondent THE COURT: Ms. Alisha Das, learned Advocate appearing for the appellant/assessee seeks leave to withdraw this appeal. In this regard, she has placed a written instruction given by the appellant/assessee to the learned Advocate for the appellant/assesee vide letter dated 8[th] July, 2025. Accordingly, the appeal is dismissed as withdrawn. The application (IA NO:GA/1/2025) also stands dismissed. The substantial questions of law suggested by the appellant/assessee are left open. The written instruction dated 8[th] July, 2025 is taken on record. (T.S. SIVAGNANAM, CJ.) (CHAITALI CHATTERJEE (DAS), J.)
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