2017 (12) TMI 409 - HC - Income Tax

Revision u/s 263 - Held that - The assessee seeks to raise certain points of law in this appeal which were subject matters before this Court in four appeals already decided and in all the four appeals it was found that the questions raised were not substantial questions of law. These decisions are Rajmandir Estates Private Limited Vs. Principal Commissioner of Income Tax, Kolkata-III reported in (2016 (5) TMI 801 - CALCUTTA HIGH COURT), M/s. Pragati Finance Management Private Limited Vs. CIT-II 2017 (3) TMI 1242 - CALCUTTA HIGH COURT , Success Tours and Travels Private Limited & Anr. Vs. Income Tax Officer, Ward- 9(4) Kolkata & Ors. 2017 (4) TMI 614 - CALCUTTA HIGH COURT and M/s. AIM Fincon Pvt. Ltd. Vs. Commissioner of Income-tax, Kolkata-III 2017 (5) TMI 982 - CALCUTTA HIGH COURT which is decided today itself.

Summary

The High Court of Calcutta dismissed the appeal as the points of law raised were not substantial questions of law, based on previous decisions in similar cases. The appellant did not raise any additional points, so the appeal and stay application were dismissed.