ITC INFOTECH INDIA LIMITED ,KOLKATA vs. A.C.I.T.,CIRCLE-2(1), KOLKATA

The assessee and revenue are in cross-appeals against the order of the Id. CIT(A)-22, Kolkata, at. 08/08/2018 & 31/05/2019 for Assessment Years 2014-15 & 2015-16. The Ld. Counsel for the assessee submitted that & 1853/Kol/2019, are filed by the assessee and the only substantial issue involved in both the appeals relate to disallowance of deduction of education cess claimed by the assessee. He submitted that, in view of the latest amendment in law, the assessee is not interested in prosecuting its appeals. In other words, he submitted that, the assessee would not be pressing this issue before the Tribunal. He further submitted that he would be filing an undertaking to this effect, issued by the management of the assessee company by tomorrow. As far as the appeals of the revenue are concerned, the Id. CIT D/R sought adjournment. Since the assessee is not pressing the grounds raised in its appeal, therefore, the hearing in these appeals are concluded and order are reserved whereas hearing in the appeals of the revenue is adjourned to 16th August,2022. Ordered accordingly. Sd/- Sd/- RAJESH KUMAR RAJPAL YADAV ACCOUNTANT MEMBER VICE PRESIDENT

As observed by us, the assessee has filed a letter dated 28th June, 2022 itself, whereby it’s ld. Authorized Representative Shri Sanjeev Seksaria pleaded that the assessee is not pressing the grounds involved in these appeals. Hence, both the appeals are dismissed.

In the result, both the appeals of the assessee are dismissed. Order pronounced in the open Court on July 11, 2022. Sd/- Sd/- (Rajesh Kumar) (Rajpal Yadav) Accountant Member Vice-President (KZ) Kolkata, the 11th day of July, 2022 2 & 1853/KOL/2019 A.Ys. 2014-2015 & 2015-2016 ITC Infotech India Limited Copies to : (1) ITC Infotech India Limited, Virginia House, 37, J.L. Nehru Road, Kolkata-700071