ITO, Ward-2(3), Kolkata, Kolkata V. Sutton & Sons (India) Pvt. Ltd., Kolkata

MA 56/KOL/2014

• Counselvise Citation: [2015] 124 COUNSELVISE.COM (IT) 2859 (ITAT-KOLKATA)
• Duration Of Justice: 2 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 06-02-2015
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: C
• Assessment Year: 1999-2000
• Appeal Filed On: 17-11-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

1 M.A . NO. 5 6 /KOL/201 4 ( ARISING OUT OF ITA NO. 1 563 /KOL/201 0 ) ASSESSMENT YEAR : 1999 - 20 0 0 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA C BENCH, KOLKATA BEFORE SHRI SHAMIM YAHYA , ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN , JUDICIAL MEMBER M.A. NO. 5 6 /KOL/201 4 (ARISING OUT OF I.T.A. NO. 1 563 /KOL/201 0 ) ASSESSMENT YEAR : 1999 - 20 0 0 INCOME TAX O FFICER,...................................... .... ..... .............. PETITIONER WARD - 2(3), KOLKATA, P - 7, CHOWRINGHEE SQUARE, 7 TH FLOOR, KOLKATA - 700 069 - VS. - SUTTON & SONS (INDIA) PVT. LIMITED,........ ............. . RESPONDENT 13/D, RUSSEL STREET, KOLKATA - 700 071 [PAN : AADCS 6096 C] APPEARANCES BY: SHRI KANHIYA LAL KANAK, J CIT, SR. D.R., FOR THE PETITIONER N O N E , FOR THE RESPONDENT (LETTER SUBMITTED BY SHRI SOUMITRA CHOUDHURY, ADVOCATE, DATED 06.02.2015) DATE OF CONCLUDING THE HEARING : FEBRU ARY 0 6 , 201 5 DATE OF PRONOUNCING THE ORDER : FEBRU ARY 0 6 , 201 5 O R D E R PER SHRI GEORGE MATHAN, JUDICIAL MEMBER : BY WAY OF THIS MISCELLANEOUS APPLICATION , REVENU E HAS REQUESTED FOR RECALLING OF THE TRIBUNAL S ORDER IN ITA NO. 1 563 /KOL/201 0 DATED 2 2 .0 7 .201 4 FOR THE ASSESSMENT YEAR 1999 - 2000 , WHICH HAD BEEN WRONGLY DISMISSED ON ACCOUNT OF NO TAX EFFECT PLACING RELIANCE ON CBDT S INSTRUCTION NO. 2 DATED 24.102005 AS REFERRED IN THE CASE OF PEERLESS DEVELOPERS LIMITED, ADJUDICATED BY SPECIAL BENCH, ITAT, KOLKATA . CONSEQUENTLY IT WAS THE PRAYER THAT THE ORDER OF THE TRIBUNAL REFERRED TO SUPRA MAY BE RECALLED. 2. SHRI KANHIYA LAL KANAK, JCIT, SR. D.R., REPRESENTED ON BEHALF OF THE REVENUE AND SHRI SOUMITRA CHOWDHURY, ADVOCATE ON BEHALF OF THE 2 M.A . NO. 5 6 /KOL/201 4 ( ARISING OUT OF ITA NO. 1 563 /KOL/201 0 ) ASSESSMENT YEAR : 1999 - 20 0 0 ASSESSEE FILED LETTER DATED 06.02.2015 STATING THAT HE WILL NOT BE ABLE TO APPEAR BEFORE THE BENCH AS HE WILL BE BUSY TODAY AS A SECRETARY FOR THE ELECTION OF INCOME TAX BAR ASSOCIATION, KOLKATA AND REQUESTED TO ADJOURN THE HEARING OF THE M ISCELLANEOUS A PPEAL TODAY AND R E - FIX THE SAME FOR ANOTHER DAY. 3. THE ADJOURNMENT APPLICATION IS REJECTED. AS THE TAX EFFECT IS ADMITTEDLY ABOVE RS.4 LAKHS, THE ORDER IS LIABLE TO BE RECALLED. IN THESE CIRCUMSTANCES A FTER CONSIDERING THE ORDER OF THE TRIBUNAL IN ITA NO. 1563/KOL/2010 DATED 22.07.2014 FOR THE ASSESSMENT YEAR 1999 - 2000, THE ORDER STANDS RECALLED. THE REGISTRY IS DIRECTED TO POST THE APPEAL FOR HEARING ON 2 3 RD APRIL , 201 5 . 4. IN THE RESULT, MISCELLANEOUS APPLICATION FILED BY THE REVENUE IS ALLOWED. ORDER P RONOUNCED IN TH E OPEN C OURT ON 6 TH DAY OF FEBR UARY , 201 5 . SD/ - SD/ - SHAMIM YAHYA GEORGE MATHAN (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) KOLKATA, THE 6 TH DAY OF FEBRU ARY , 201 5 COPIES TO : (1) INCOME TAX OFFICER, WARD - 2(3), KOLKATA, P - 7, CHOWRINGH EE SQUARE, 7 TH FLOOR, KOLKATA - 700 069 (2) SUTTON & SONS (INDIA) PVT. LIMITED, 13/D, RUSSEL STREET, KOLKATA - 700 071 ( 3 ) CIT ( 4 ) CIT(A) ( 5 ) THE DEPARTMENTAL REPRESENTATIVE ( 6 ) GUARD FILE BY ORDER ETC ASSISTANT REGISTRAR INCOME TAX APPELLATE T RIBUNAL KOLKATA B ENCHES, KOLKATA LAHA/SR. P.S.