The Principal Comm Of Income Tax- 1, Kolkata v. M/S K. C. Texofine Pvt Ltd

Serial No. OD - 7 HIGH COURT AT CALCUTTA (ORIGINAL SIDE) ITAT/296/2017 IA NO:GA/1/2017 (OLD NO:GA/2959/2017), (Through Video Conferencing) THE PRINCIPAL COMMISSIONER OF INCOME TAX-1, KOLKATA ....Appellant(s) Through:Mr.

Ashok Bhowmick, Advocate.

v/s M/S. K.C. TEXOFINE PVT. LTD.

. ....Respondent(s) Through:Mr. J.P. Khaitan, Sr.Advocate (VC), Mr. Sanjay Bhaumik, Ms.

Swapna Das with Mr. Siddharth Das, Advocates.

Coram : HON'BLE MR. JUSTICE RAJESH BINDAL, JUDGE HON'BLE MR. JUSTICE ANIRUDDHA ROY, JUDGE

O R D E R

1.

The revenue has filed the present appeal against the order dated 5th April, 2017 passed by the Income Tax Appellate Tribunal Kolkata Bench, Kolkata, Bench "C" in the I.T. (SS)A No. 56 & 57/Kol/2015 relating to Assessment Years 2005-2006 and 2008-2009.

2.

Learned counsel for the appellant submits that the amount of income tax involved in the present appeal is less than ₹ 1 crore. The same being below the minimum limit prescribed for filing or pursuing of appeals in the High Court vide Circular No.17/2019 F.No.279/Misc.142/2007ITJ(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The present appeal is dismissed as withdrawn, however, keeping open the question of law raised therein.

(ANIRUDDHA ROY) JUDGE (RAJESH BINDAL) JUDGE KOLKATA 25.03.2021 GH/akg.

Bench ID - 174068