Principal Commissioner Of Income Tax 1 Kolkata v. Anushreya Investment Private Limited

OD 19 ORDER SHEET ITAT/93/2026 IA NO:GA/1/2026

IN THE HIGH COURT AT CALCUTTA

SPECIAL JURISDICTION (INCOME TAX) ORIGINAL SIDE PRINCIPAL COMMISSIONER OF INCOME TAX-1, KOLKATA VS ANUSHREYA INVESTMENT PRIVATE LIMITED

BEFORE:

The Hon'ble JUSTICE RAJARSHI BHARADWAJ AND The Hon'ble JUSTICE REETOBROTO KUMAR MITRA Date: 21st May, 2026.

Appearance:

Mr. P.K. Bhowmick, Adv.

Mr. Sujit Mitra, Adv.

...for the appellant Mr. Pratyush Jhunjhunwala, Adv.

Ms. Sruti Dutta, Adv.

Ms. S. Singhi, Adv.

...for the respondent The Court: Heard learned counsel appearing for either of the parties. Learned counsel for the appellant submits that the tax effect in this case is Rs.1,10,98,512/- which is below the tax limit as prescribed in the CBDT Circular No.9/2024 dated 17th September, 2024 and Circular No.5 of 2024 dated 15th March, 2024 but the case falls within the exceptional category under para 3.1(h) as per CBDT Circular No.5 of 2024 dated 15th March, 2024. We have perused the application, the assessment order, appellate order of the learned Commissioner of Income Tax and the order of the learned Tribunal dated 19.11.2025 for the Assessment Year 2011-2012. We do not find any reason

to entertain this appeal where the appellant has not clearly suggested which exceptional clause as read in para 3.1(h) as per CBDT Circular No.5 of 2024 dated 15th March, 2024 is applicable in the present appeal. As such, this appeal and the connected application being GA/1/2026 are dismissed as the tax effect in this matter is below Rs. 2 crores.

(RAJARSHI BHARADWAJ, J.) (REETOBROTO KUMAR MITRA, J.) B.Pal