Principal Commissioner Of Income Tax -3, Kolkata v. M/S. Five Star Shipping Agency Limited

OD-4

IN THE HIGH COURT AT CALCUTTA

SPECIAL JURISDICTION (INCOME TAX) ORIGINAL SIDE ITA 42 of 2015 PRINCIPAL COMMISSIONER OF INCOME TAX -3, KOLKATA Vs M/s. FIVE STAR SHIPPING AGENCY LIMITED BEFORE :

THE HON'BLE JUSTICE T.S. SIVAGNANAM And THE HON'BLE JUSTICE HIRANMAY BHATTACHARYYA Date : 28th April, 2022 Appearance :- Mr. Prithu Dudheria, Adv.

... For the appellant The Court : This appeal by the revenue directed against the order passed by the Income Tax Appellate Tribunal "B" Bench, Kolkata in I.T.A. No. 296/Kol/2012 and I.T.A.No.1001/Kol/2012 for the assessment years 2006-07 and 2007-08 respectively. It is submitted by the learned standing Counsel for the appellant that the appeal is not being pursued on account of low tax effect. Accordingly, the appeal stands dismissed on the ground of low tax effect. The substantial questions of law, which have been suggested, are left open.

(T.S. SIVAGNANAM, J.) (HIRANMAY BHATTACHARYYA, J.) S.Pal/GH.