ACIT, CC-VI, KOLKATA, Kolkata V. M/s Ambica capital Market P. Ltd., Howrah

ITA 1724/KOL/2014

• Counselvise Citation: 172423514 RSA 2014
• Duration Of Justice: 9 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-06-2015
• Appeal Filed By: Department
• Bench Allotted: A
• Assessment Year: 2005-2006
• Appeal Filed On: 02-09-2014
• Court: TRIBUNAL
• Department Lawyers: SANJAY SR DR
• Assessee Lawyers: SOUMITRA CHOW DHURY

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH: KOLKATA [BEFORE HON BLE SHRI B.P.JAIN, AM] I.T.A NO.1724/KOL/2014 ASSESSMENT YEAR: 2005 - 06 A.C.I.T., CENTRAL CIRCLE - VI, VS. M/S. AMBICA CAPITAL MARKET PVT.LTD. KOLKATA KOLKATA (APPELLA NT) ( RESPONDENT) (PAN: AAECA 3328 G) FOR THE APPELLANT : SHRI SANJAY, SR.DR, ADDL. C.I.T. FOR THE RESPONDENT : SHRI SOUMITRA CHOWDHURY, ADVOCATE DATE OF HEARING : 04 .06 .2015. DATE OF PRONOUNCEMENT: 04 .06 .2015. ORDER THIS APPEAL OF T HE REVENUE ARISES FROM THE ORDER OF LD.CIT(A) - XIV, KOLKATA DATED 12.03.2014 FOR ASSESSMENT YEAR 2005 - 06. 2. FROM PERUSAL OF THE GROUNDS OF APPEAL REFERRED TO ABOVE BY THE REVENUE AS GROUNDS OF APPEAL, IN ITS TRUE SENSE THE GROUNDS OF APPEAL RAISED BY T HE REVENUE BEING DEFECTIVE ARE DISMISSED WITH THE LIBERTY TO THE REVENUE TO FILE FRESH GROUND OF APPEAL IN PROPER FORM AND FILE A PETITION FOR RECALLING THE ORDER ACCORDING TO LAW. 3. IN THE RESULT THE APPEAL OF THE REVENUE IS DISMISSED. ORDE R PRONOUNCED IN THE OPEN COURT ON 04 .06 .2015. SD/ - [ B.P.JAIN ] ACCOUNTANT MEMBER DATE: 04 .06 .2015. R.G.(.P.S.) ITA NO . 1724/KOL/2014 M/S.AMBICA CAPITAL MARKET PVT.LTD. A.YR. 2005 - 06 2 C OPY OF THE ORDER FORWARDED TO: 1 . M/S. AMBICA CAPITAL MARKET P.LTD., 73, HIREN MUKHERJEE ROAD, BELUR, HOWRAH - 711202. 2 A.C.I.T., CIRCLE - V I, KOLKATA. 3 . CIT(A) - XIV , KOLKATA 4. CIT - KOLKATA. 5. CIT - DR, KOLKATA BENCHES, KOLKATA TRUE COPY, BY ORDER, DEPUTY /ASST. REGISTRAR , ITAT, KOLKA TA BENCHES