M/S Y.P.INDIA (P) LTD.,KOLKATA vs INCOME TAX OFFICER, WARD-8(2), KOLKATA, KOLKATA

Income Tax Appellate Tribunal, KOLKATA BENCH “A” KOLKATA

Before: Shri A.T.Varkey & Shri Waseem Ahmed

आदेश /O R D E R

PER Waseem Ahmed, Accountant Member:-

Both appeal by the assessee are against common order of Commissioner of Income Tax (Appeals)-VIII, Kolkata dated 26.04.2007. Assessment was framed by ITO Ward-8(2), Kolkata u/s 147/143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) vide his order dated 14.09.2006 for assessment year 2006-07 and penalty imposed by Assessing Officer u/s 271(1)(c) of the Act vide his order dated 29.03.2007.

It is noticed that the Revenue has moved adjournment petition in almost 21 cases and this en block adjournment is not possible and hence the possible cases, we have taken up for hearing and decided th issue by

M/S Y.P.INDIA (P) LTD.,KOLKATA vs. INCOME TAX OFFICER, WARD-8(2), KOLKATA, KOLKATA