2022 (10) TMI 1264

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ribunal that no independent reasoning has been given by the learned Tribunal but the Tribunal chose to follow the decision of the Coordinate Bench. In fact, in the said decision the earlier decision was affirmed. Those decisions were appealed against in the case of Swati Bajaj [ 2022 (6) TMI 670 - CALCUTTA HIGH COURT] the appeal filed by the revenue were allowed and the substantial questions of la .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Kolakata in I.T.A. No. 1566/Mkol/2018 for the assessment year 2014-2015. The revenue has raised the following substantial question of law for consideration:- (ii) Whether on the facts and circumstances of the case the Learned Income Tax Appellate Tribunal erred in ignoring the direct and circumstantial evidence brought on record by the Assessing Officer in the form of modus operandi contrived by .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ins of Rs. 19,48385/- and claim bogus exemption thereupon, thereby giving rise to the vice of law in the decision making processes? We have heard Mr. Tilak Mitra, learned standing Counsel for the appellant. Though notice was sent to the respondent the notice was returned unclaimed and the respondent has not taken any steps for entering appearance. Therefore, we have heard learned standing Counsel .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X