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TMI Blog2024 (11) TMI 1202X X X X Extracts X X X X X X X X Extracts X X X X ..... e Appellant Mr. Avra Mazumder, Adv. Ms. Alisha Das, Adv. Mr. S. Bhowmick, Adv Mr. Samrat Das, Adv. Ms. Elina Dey, Adv. Mr. S.N. Banerjee, Adv. For The Respondent ORDER The Court : This appeal has been filed by the Income Tax Department under Section 260A of the Income Tax Act, 1961 (the Act) challenging the order dated 21st February, 2024, passed by the Income Tax Appellate Tribunal, "B" Ben ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -1 Vs. NRA Iron & Steel (P) Ltd. reported in (2019) 103 taxmann.com 48/262 Taxman 74/412/ITR 161 (SC) and in the case of PCIT (Central-2), Kolkata vs. M/s. BST Infratech Ltd. in ITAT/67/2024 (IA No. GA/2/2024) dated 23.04.2024 ? b) Whether on the facts and in the circumstances of the case the Learned Income Tax Appellate Tribunal was not justified in law as well as in facts in deleting the addi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s could be seen from paragraph 9 of the Memorandum of Appeal, the tax effect involved in this case is Rs. 1,16,15,310/-. If that be so, the revenue cannot pursue the matter further on account of the circular issued by the Central Board of Direct Tax being Circular No.9 of 2024. Accordingly, the appeal stands disposed of on the ground of low tax effect and the substantial questions of law suggeste ..... X X X X Extracts X X X X X X X X Extracts X X X X
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