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Income Tax Appellate Tribunal - Kolkata

M/S. Bhagawati Oxygen Ltd., Kolkata vs Dcit, Circle - 8(1), Kolkata on 30 August, 2019

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                                                                                       SA No. 86-87/Kol/2019
                                                                Bhagawati Oxygen Ltd., AY 2013-14 & 2015-16
                   आयकर अपील य अधीकरण,  यायपीठ - "C" कोलकाता,
       IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH: KOLKATA
     (सम )Before  ी जे. सध
                         ु ाकर रे डी, लेखा सद य एवं/and  ी ऐ. ट . वक ,  यायीक सद य)
               [Before Shri J. Sudhakar Reddy, AM & Shri A. T. Varkey, JM]

                                  SA Nos.86 & 87/Kol/2019
                            In I.T.A. Nos. 1473 & 1474/Kol/2019
                            Assessment Years: 2013-14 & 2015-16

Bhagawati Oxygen Ltd.                       Vs.     Deputy Commissioner of Income-tax,
(PAN: AABCB2164N)                                   Circle-8(1), Kolkata.
Applicant                                           Respondent


        For the Applicant                   Shri Miraj D. Shah, AR
        For the Respondent                  Shri Sankar Halder, JCIT, Sr. DR


        Date of Hearing                     30.08.2019
        Date of Pronouncement                30.08.2019

                                   ORDER
Per Shri A.T.Varkey, JM

By way of these stay applications, the assessee seeks stay on collection of disputed outstanding demand of Rs.2,44,220/- for AY 2013-14 and of Rs.8,63,110/- for AY 2015-16, which arose out of the separate orders of Ld. CIT(A)-23, Kolkata both dated 15.05.2019.

2. Having heard both the parties, we are not inclined to grant stay of the demand. However, since prima facie case is made out and the assessee is facing financial hardship, we are inclined to grant early hearing of the appeal and the registry is directed to fix the appeals out of turn on 23.10.2019. No separate notice is required to be served on both the parties since the date of hearing is pronounced in the open court

3. In the result, both the Stay applications of assessee are dismissed.

Order is pronounced in the open court.

Sd/-                                                                     Sd/-
(J. Sudhakar Reddy)                                                      (A. T. Varkey)
Accountant Member                                                        Judicial Member
                             Dated: 30th August, 2019
Jd.(Sr.P.S.)
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                                                                                     SA No. 86-87/Kol/2019

Bhagawati Oxygen Ltd., AY 2013-14 & 2015-16 Copy of the order forwarded to:

1 Appellant - M/s. Bhagawati Oxygen Ltd., 67, Park Street, Kolkata-700 016. 2 Respondent -DCIT, Circle-8(1), Kolkata. 3 CIT(A)-23, Kolkata. (sent through e-mail) 4 CIT , Kolkata 5 DR, Kolkata Benches, Kolkata (sent through e-mail) /True Copy, By order, Assistant Registrar