Principal Commissioner Of Income Tax v. Neelachal Buildtech And Resorts Pvt.Ltd.

IN THE HIGH COURT OF ORISSA AT CUTTACK

I.T.A. No.28 of 2016 Principal Commissioner of Income Tax ....

Appellant Mr. T.K. Satpathy, Standing Counsel for I.T. Department -versusNeelachal Buildtech & Resorts Pvt.

Ltd.

....

Respondents

CORAM:

THE CHIEF JUSTICE JUSTICE B. P. ROUTRAY

ORDER

Order No.

07.03.2022 03.

1. The question sought to be urged in this appeal is regarding deletion of Rs.1,00,00,000/- which was added by the Assessing Officer under Section 68 of the Income Tax Act, 1961. Clearly the tax effect is less than the permissible monetary limit.

2. The appeal is accordingly treated as withdrawn and disposed of as such.

3. An urgent certified copy of this order be issued as per rules. (Dr. S. Muralidhar) Chief Justice ( B.P. Routray) Judge M.K. Panda