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[Cites 1, Cited by 6]

Calcutta High Court

Commissioner Income Tax vs Pushpa Devi Somani on 9 March, 2010

Author: Sengupta

Bench: Sengupta

                         ITA No. 441 of 2004

                IN THE HIGH COURT AT CALCUTTA

                         Special Jurisdiction
                            [Income Tax]

                           ORIGINAL SIDE



          Commissioner Income Tax, Central - I, Kolkata

                               Versus

                         Pushpa Devi Somani



For the Appellant : Mr. R. N. Mitra, Senior Advocate


BEFORE:

The Hon'ble JUSTICE SENGUPTA

AND The Hon'ble JUSTICE DEBASISH KAR GUPTA Date : 9th March, 2010.

This appeal is sought to be admitted on the points formulated as follows:

"(I) Whether on the facts and in the circumstances of the case, the Tribunal was right in directing to allow payment of interest on loan inspite of the fact that the 2 interest paid was not utilised for earning any income chargeable to tax;
(II) Whether on the facts and in the circumstances of the case, the Tribunal is right in holding that the assessee was not using the gold and silver utensils as personal effect and thus entitled for the benefit of capital loss under the provisions of Income Tax Act;
(III) Whether the finding of the Tribunal that the gold and silver utensils were not of personal effect is based on irrelevant materials and/or perverse."

The amount involved in this matter is Rs.7,581/- and it is an old matter of 2004. With regard to admission of this appeal it should be proper for this court not to admit the same.

We, therefore, refuse to admit the appeal and dismiss the same.

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

(SENGUPTA, J.) (DEBASISH KAR GUPTA, J.) sm AR[CR]