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Calcutta High Court

Commissioner Of Income Tax vs M/S. Ori Plast Ltd on 5 October, 2010

Author: Sengupta

Bench: Sengupta

                                  IN THE HIGH COURT AT CALCUTTA
                                         Special Jurisdiction
                                           Original Side

       Present :
The Hon'ble Justice Sengupta
         And
The Hon'ble Justice Kanchan Chakraborty
      05.10.2010

                                                    ITA 71 of 2005
                                           Commissioner of Income Tax, Kolkata-II, Kolkata
                                                            Vs.
                                                    M/s. Ori Plast Ltd.

             The Court :- The appeal is admitted on the following substantial questions of law

relating to Assessment Year 1997-98 :-

"i )   Whether, on the facts and in the circumstances of the case, the order of the Income-tax

Appellate Tribunal deleting the addition of suppressed sales of Rs. 65,26,647/- is perverse on facts

and erroneous in law ?

ii)       Whether, on the facts and in the circumstances of the case, the order of the Income-tax

Appellate Tribunal deleting the addition of Rs. 31,589, being value of opening stock of footballs,

neither shown as sales nor as closing stock, is perverse on facts and erroneous in law. ?"

          Let requisite number of paper books be filed within two months from date.

          Notice of appeal be served by the department upon the respondent.

All parties shall act on a xerox signed copy of this order on usual undertaking.

(Sengupta, J.) (Kanchan Chakraborty, J.) ANC.