Principal Commissioner Of Income Tax-1, Kolkata ….Appellant(S v. M/S. Bidit Financial Management Pvt. Ltd

Serial No.OD - 14 HIGH COURT AT CALCUTTA(ORIGINAL SIDE) ITAT/18/2021 I.A. NO.: GA/1/2021, GA/2/20121 (Through Video Conferencing) PRINCIPAL COMMISSIONER OF INCOME TAX-1, KOLKATA ….Appellant(s) Through : Mr. Suniti Kumar Chatterjee, Mr. Madhu Jana, Advocates V/s M/s. BIDIT FINANCIAL MANAGEMENT PVT. LTD. ….Respondent(s) Through : (None) Coram : HON’BLE MR. JUSTICE RAJESH BINDAL, JUDGE HON’BLE MR. JUSTICE ANIRUDDHA ROY, JUDGE O R D E R 1.The present appeal has been filed impugning the order datedMarch 15, 2019 passed by the Income Tax Appellate Tribunal ‘C’ Bench,Kolkata in ITA No.579/Kol/2017 for the assessment year 2012-13.2.Learned counsel for the appellant pointed out that in paragraph 5of the stay application, it has been mentioned that the tax effect in the appealis ₹60,25,500/-. The same being below the minimum limit prescribed forfiling of appeals in the High Court vide Circular No.17/2019F.No.279/Misc.142/2007-ITJ(Pt.) issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes,Judicial Section dated August 8, 2019, he may be permitted to withdraw thepresent appeal. 3.In view of the facts as stated above, the present appeal isdismissed as withdrawn, while keeping open the legal issues raised therein. KOLKATA (ANIRUDDHA ROY) (RAJESH BINDAL)18.02.2021 JUDGE JUDGEs.kumar / TO