Principal Commissioner Of Income Tax - 12, Kolkata ….Appellant(S v. Shree Krishna Developer
High Court
26 Mar 2021 In favour of: Assessee
Forum / Bench
High Court · calcutta_original_side
Parties
Principal Commissioner Of Income Tax - 12, Kolkata ….Appellant(S v. Shree Krishna Developer
Date of order
26 Mar 2021
Assessment year(s)
2007-08
Outcome
Dismissed
Case summary
In Principal Commissioner Of Income Tax - 12, Kolkata ….Appellant(S v. Shree Krishna Developer, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
HIGH COURT AT CALCUTTA(ORIGINAL SIDE)
ITAT/146/2018
IA NO:GA/1/2018 (OLD NO: GA/1091/2018)GA/2/2018 (OLD NO: GA/1092/2018) (Through Video Conferencing)
PRINCIPAL COMMISSIONER OF INCOME TAX - 12, KOLKATA ….Appellant(s)
Through: Mr. Sanjay Kumar, CIT (Judicial)v/s
SHREE KRISHNA DEVELOPER
. ….Respondent(s)
Through: Mr. Vivek Murarka, Advocate
Coram : HON’BLE MR. JUSTICE RAJESH BINDAL, JUDGEHON’BLE MR. JUSTICE ANIRUDDHA ROY, JUDGEO R D E R
1.The revenue has filed the present appeal against the order datedMay 31, 2017 passed by the Income Tax Appellate Tribunal, “A” Bench,Kolkata in I.T.A. No. 1955/Kol/2014 for the assessment year 2007-08.2.Learned counsel for the appellant pointed out that in paragraph 17of the stay application it has been mentioned that the tax effect in the presentappeal is ₹51,67,516/-. The same being below the minimum limit prescribedfor filing or pursuing 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, the appellant may be permitted towithdraw the present appeal.
3.In view of the facts as stated above, the present appeal is dismissedas withdrawn, however, keeping open the questions of law raised therein.
KOLKATA (ANIRUDDHA ROY)(RAJESH BINDAL)26.03.2021 JUDGE JUDGEakg/skumarBench ID - 174068
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.