Director Of Income Tax (International Taxation) v. Zimmer Ag, Thru. Its. Rep. M/S. South Asian Petrochemicals

OD-7 ORDER SHEET

IN THE HIGH COURT AT CALCUTTA

SPECIAL JURISDICTION (INCOME TAX) ORIGINAL SIDE ITA/299/2009 DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION) VS.

ZIMMER AG, THROUGH ITS REPRESENTATIVE ASSESSEE M/S. SOUTH ASIAN PETROCHEMICALS LIMITED

BEFORE:

The Hon'ble JUSTICE T. S. SIVAGNANAM AND The Hon'ble JUSTICE HIRANMAY BHATTACHARYYA Date : December 16, 2021.

[Via Video Conference] Appearance:

Mr. Tilak Mitra, Advocate ... for the appellant The Court : This appeal filed by the revenue under Section 260A of the Income Tax Act is directed against the order passed by the Income Tax Appellate Tribunal, 'C' Bench, Kolkata.

We have heard Mr. Tilak Mitra, learned standing counsel appearing for the appellant/revenue.

The learned standing counsel appearing for the appellant/revenue on instruction from the department submitted that the appeal cannot be pursued by the revenue on account of low tax effect.

Recording such submission, the appeal is dismissed on the ground of low tax effect.

Consequently, substantial questions of law which have been raised are left open.

Connected application, if any, stands dismissed. (T. S. SIVAGNANAM, J.) (HIRANMAY BHATTACHARYYA, J.) RS/GH.