Kalinagar Co-operative Colony & Credit Society Ltd, Kolkata V. PCIT-1, Kolkata

ITA 168/KOL/2021

• Counselvise Citation: [2022] 107 COUNSELVISE.COM (IT) 0795 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 2 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-08-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2016-2017
• Appeal Filed On: 03-05-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA No. 168/KOL/2021 A.Y. 2016-2017 Kalinagar Cooperative Colony & Credit Society Ltd. 1 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘A’ BENCH, KOLKATA Before Shri Rajpal Yadav, Vice-President (KZ) & Shri Girish Agrawal, Accountant Member I.T.A. No. 168/KOL/2021 Assessment Year: 2016-2017 Kalinagar Cooperative Colony & Credit Society Limited...................Appellant C/o. Partha Sarathi Gupta, Advocate, 100, Bank Lane, Hatar Para, P.O. Krishnanagar, Nadia-741101 [PAN: AAABK0250E] -Vs.- Principal Commissioner of Income Tax-1,.........................................Respondent Aayakar Bhawan, P-7, Explanade, Chowringhee Square, 5 th Floor, Kolkata-700069 Appearances by: Shri P.S. Gupta, Advocate, appeared on behalf of the assessee Md. Ghayas Uddin, CIT (DR), appeared on behalf of the Revenue Date of concluding th e hearing : Au gust 03, 2022 Date of pro nouncing the orde r : Au gust 03, 2022 O R D E R Per Rajpal Yadav, Vice-President (KZ):- This appeal filed by the assessee is directed against the order of ld. Principal Commissioner of Income Tax-1, Kolkata dated 03.03.2021 for the assessment year 2016-17. 2. Shri Partha Sarathi Gupta, ld. Advocate of the assessee-company has moved an application dated 3 r d August, 2022 seeking the permission of the Bench to withdraw this appeal. Since the ld. D.R. has no objection in this regard, the permission as sought by the ld. Advocate of the assessee- ITA No. 168/KOL/2021 A.Y. 2016-2017 Kalinagar Cooperative Colony & Credit Society Ltd. 2 company is granted and accordingly the appeal of the assessee is dismissed as withdrawn. 3. In the result, the appeal of the assessee is dismissed. Order pronounced in the open Court on August 03, 2022. Sd/- Sd/- (Girish Agrawal) (Rajpal Yadav) Accountant Member Vice-President (KZ) Kolkata, the 3 rd day of August, 2022 Copies to : (1) Kalinagar Cooperative Colony & Credit Society Limited, C/o. Partha Sarathi Gupta, Advocate, 100, Bank Lane, Hatar Para, P.O. Krishnanagar, Nadia-741101 (2) Principal Commissioner of Income Tax-1, Aayakar Bhawan, P-7, Explanade, Chowringhee Square, 5 th Floor, Kolkata-700069 (3) Commissioner of Income Tax- , Kolkata, (4) The Departmental Representative (5) Guard File TRUE COPY By order Assistant Registrar, Income Tax Appellate Tribunal, Kolkata Benches, Kolkata Laha/Sr. P.S.