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Calcutta High CourtITA/114/2010disposed

Commissioner Of Income Tax, Kol-Iii v. Jet Age Securities Private Limited

2021-07-14Hon'Ble Justice Rajesh Bindal, Chief Justice (Acting),Hon'Ble Justice Arijit Banerjee2 pages

Serial No. OD - 2 HIGH COURT AT CALCUTTA (ORIGINAL SIDE) ITA/114/2010 (Through Video Conferencing) COMMISSIONER OF INCOME TAX, KOLKATA-III .............Appellant(s) Through : Mr. J.P. Khaitan, Sr. Advocate (VC) Mr. Sanjay Bhowmick, Advocate (VC) Ms. Swapna Das, Advocate (VC) V/s JET AGE SECURITIES PRIVATE LIMITED .............Respondent(s) Through : Mr. Soumen Bhattacharjee, Advocate Coram : HON'BLE MR. JUSTICE RAJESH BINDAL, JUDGE HON'BLE MR. JUSTICE ARIJIT BANERJEE, JUDGE

O R D E R

1.

The revenue has filed the present appeal against the order dated October 28, 2009 passed by the Income Tax Appellate Tribunal, "A" Bench, Kolkata, in I.T.A No. 1563/Kol/2008 for the assessment year 2005-06.

2.

Learned counsel for the appellant submits that the amount of income tax involved in the present appeal is less than ₹ one crore. The same being below the minimum limit prescribed for filing of pursuing of appeals in the High Court vide Circular No.17/2019 F.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 the present appeal.

3.

The present appeal is disposed of, however, keeping open the question of law raised therein.

KOLKATA (ARIJIT BANERJEE) (RAJESH BINDAL) 14.07.2021 JUDGE CHIEF JUSTICE (ACTING) SN/S.Das