ITO, Ward - 6(4), Kolkata, Kolkata V. M/s. Biswas Agro Ltd., Kolkata

MA 50/KOL/2011

• Counselvise Citation: [2011] 123 COUNSELVISE.COM (IT) 6665 (ITAT-KOLKATA)
• Duration Of Justice: 1 month(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 01-07-2011
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: C
• Assessment Year: 2004-2005
• Appeal Filed On: 31-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect
• Section: 2

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOL KATA () BEFORE , /AND , . . !' ) [BEFORE HONBLE SRI MAHAVIR SINGH, JM & HONBLE SHR I C. D. RAO, AM] ## !$ ## !$ ## !$ ## !$ % % % % /M. A. NOS. 50 5050 50 & 51 5151 51 /KOL /201 1 11 1 % % % % /IN I.T.A NOS. 14 79 &14 80 /KOL/200 9 $) *+ $) *+ $) *+ $) *+/ // / ASSESSMENT YEARS: 200 4 -0 5 & 200 5 -0 6 INCOME-TAX OFFICER, WD- 6 ( 4 ), KOLKATA VS M/S. BISWAS AGRO LTD. (! /APPLICANT ) (/012/ RESPONDENT ) ! 3 4 ! / FOR THE APPLICANT: SHRI A. K. PRAMANICK /012 3 4 ! / FOR THE RESPONDENT: N O N E !5 / ORDER PER MAHAVIR SINGH, JM/ , : THESE MISCELLANEOUS PETITIONS FILED BY REVENUE ARE DIRECTED AGAINST COMMON ORDER PASSED BY TRIBUNAL DATED 28.03.2011 IN ITA NO S.1479&1480/K/2009 FOR ASSESSMENT YEARS 2004-05 & 2005-06. 2. W E FIND THAT TAX EFFECT IN THESE TWO APPEALS OF REVE NUE, INDIVIDUALLY, IS MORE THAN RS. 3 LAKHS, AS COMPUTED BY REVENUE, IT IS RS.6,92, 171/- IN ASSESSMENT YEAR 2004-05 AND RS.6,80,182/- IN ASSESSMENT YEAR 2005-06. TRIBU NAL HAS DECIDED THESE TWO APPEALS OF REVENUE BASED ON CBDT CIRCULAR OF LOW TAX EFFECT . HENCE, THERE IS MISTAKE APPARENT FROM RECORD IN THE ORDER OF TRIBUNAL AND ACCORDINGL Y, WE RECALL OUR ORDER DATED 28.3.2011. REGISTRY IS DIRECTED TO FIX THESE APPEA LS IN REGULAR COURSE. 3. IN THE RESULT, THE REVENUES MISC. PETITIONS STA ND ALLOWED. 4. ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- . . !' , (C. D. RAO) (MAHAVIR SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER ( ' ' ' ') )) ) DATED 1 ST JULY, 2011 2 MA NO. 50&51/K/2010 M/S.BISWAS AGRO LTD. ASSESSMENT YEAR 2004-05 & 2005-06 67 $89 : JD.(SR.P.S.) !5 3 /# ;!#*<- COPY OF THE ORDER FORWARDED TO: 1 . ! /APPLICANT ITO, WARD-6(4), KOLKATA 2 /012 / RESPONDENT, M/S. BISWAS AGRO LTD., 72/1, BAGBAZAR STREET, KOLKATA- 700 003. 3 . 5$ ( )/ THE CIT(A), KOLKATA 4. 5$ / CIT, KOLKATA 5 . AB /$ / DR, KOLKATA BENCHES, KOLKATA 0# // TRUE COPY, !5$C/ BY ORDER, 9 /ASSTT. REGISTRAR .