ITO, Ward - 31(1), Kolkata , Kolkata V. Rajesh Agarwal , Kolkata

MA 209/KOL/2019

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 3783 (ITAT-KOLKATA)
• Duration Of Justice: 29 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 29-11-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2012-2013
• Appeal Filed On: 31-10-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Capital Gains

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH SMC KOLKATA BEFORE SHRI S.S, GODARA, JUDICIAL MEMBER (MISC. APPLICATION) M.ANO.209/KOL/2019 (ARISING OUT ITA NO.1625/KOL/2018) / ASSESSMENT YEAR:2012-13 INCOME TAX OFFICER, WARD-31(1), KOLKATA / V/S . SHRI RAJESH AGARWAL 88/2A, RAFI AHMED KIDWAI ROAD, 5 TH FLOOR, KOLKATA-700 016 [ PAN NO.ACXPA 1705 B ] /APPELLANT .. /RESPONDENT /BY APPLICANT SHRI SUPRIYO PAL, JCIT-SR-DR /BY RESPONDENT MRS. SWASWATI MITRA DUTTA, ADVOCATE ' /DATE OF HEARING 29-11-2019 ' /DATE OF PRONOUNCEMENT 29-11-2019 /O R D E R THIS REVENUES MISCELLANEOUS PETITION FILED U/S 254 (2) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT SEEKS TO RE-CALL / RECTIFY THE TRIBUNALS COMMON ORDER DATED 26.06.2019 ALLOWING THE MAIN APPEAL ON THE GROUND T HAT THE SOLE ISSUE INVOLVED IN THE MAIN LIS WAS THAT OF BOGUS LONG TERM CAPITAL GAINS. HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. THE REVENUES SOLE GRIEVANCE RAISED IN THE INSTA NT MISCELLANEOUS APPLICATION IS THAT TRIBUNALS COMMON ORDER IN QUESTION HAS WRONGL Y TREATED THE MAIN APPEAL ITA MA NO.209/KOL/2019 ITO WD.31(1) KOL. VS. RAJESH AGRWAL PAGE 2 NO.1625/KOL/2018 TO BE INVOLVING GENUINENESS OF LON G TERM CAPITAL GAINS THAN VARIOUS OTHER ISSUES. 3. MRS.SWASATI MITRA DUTTA LEARNED AUTHORIZED REPRE SENTATIVE, PLACES ON RECORD THE TRIBUNALS ORDER ACCEPTING THE ASSESSEES MISCE LLANEOUS APPLICATION IN MA NO.185/KOL/2019 ON 08.11.2019 ON THE VERY GROUNDS. I CONCLUDE IN THIS FACTUAL BACKDROP THAT THE REVENUES INSTANT MISCELLANEOUS A PPLICATION MA 209/KOL/2019 DESERVES TO BE DISMISSED AS RENDERED INFRUCTUOUS. 4. THIS REVENUES MISCELLANEOUS APPLICATION MA NO.2 09/KOL/2019 IS DISMISSED IN ABOVE TERMS. ORDER PRONOUNCED IN THE COURT AT THE CLOSE OF THE H EARING ON 29 TH NOVEMBER, FRIDAY, 2019 SD/- (S.S. GODARA) JUDICIAL MEMBE R KOLKATA, *DKP/SR.PS & - 29/11/2019 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-INCOME TAX OFFICER, WARD-31(1), KOLKATA 2. /RESPONDENT-SHRI RAJESH AGARWAL, 88/2A, RAFI AAHMED KIDWAI ROAD, 5 TH FLOOR, KOLKATA- 16 3. ) * / CONCERNED CIT 4. * - / CIT (A) 5. ) , ' ) / DR, ITAT, KOLKATA 6. / GUARD FILE. BY ORDER/ , /TRUE COPY/ ' ),