Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 2, Cited by 15]

Calcutta High Court

Commissioner Of Income Tax vs Sri Suresh Chandra Bansal on 13 August, 2008

Author: Pinaki Chandra Ghose

Bench: Pinaki Chandra Ghose

                                         GA No.2469 of 2008
                                         ITA No. 583 of 2008

                                 IN THE HIGH COURT AT CALCUTTA
                                    Special Jurisdiction (Income Tax)
                                            ORIGINAL SIDE


                        COMMISSIONER OF INCOME TAX,CENTRAL - I

                                               VERSUS

                                  SRI SURESH CHANDRA BANSAL


BEFORE:

The Hon'ble JUSTICE PINAKI CHANDRA GHOSE

The Hon'ble JUSTICE SANKAR PRASAD MITRA

Date : 13th August, 2008.



             The Court: This is an application for condonation of delay of 35 days in preferring the

   appeal.

             After hearing the learned advocates for the parties and perusing the application for

   condonation of delay, we are satisfied with the grounds stated in the petition. Accordingly, the delay is

   condoned. The application under Section 5 of the Limitation Act, 1963 is allowed. GA No. 2469 of

   2008 is, thus, disposed of.

             We now take up the application for admission of the appeal. After hearing the learned

   advocates for the parties, the appeal is admitted and the following substantial questions of law are

   referred for adjudication:



             " .I.    Whether on the facts and circumstances of the case the Income Tax Appellate

                      Tribunal was justified in law in deleting the penalty imposed under Section
                          271(1)(c) of the Income Tax Act, 1961 admittedly the assessee filed revised return

                         disclosing enhanced income after search proceeding? "



                Let paper book be prepared by the appellant and be served upon the respondent within eight

weeks from date.

Let the appeal appear eleven weeks hence. All parties concerned are to act on a signed copy of the minutes of this order on the usual undertakings.

Urgent xerox certified copy of this order, if applied for, be supplied to the parties upon compliance of all formalities.

[PINAKI CHANDRA GHOSE, J.] [SANKAR PRASAD MITRA, J.] subash RO[ct] 2