PRINCIPAL COMMISSIONER OF INCOME TAX 5 KOLKATA vs. RAM AWATAR DHOOT

The appeal is partly allowed and the substantial questions of

Bench: : The Hon’Ble The Chief Justice T.S. Sivagnanam & The Hon’Ble Justice Chaitali Chatterjee (Das) Dated : 7Th March, 2025. Appearance:

capital gain cannot be ruled out, gave the benefit of doubt to the assessee and deleted the penalty. The learned senior counsel for the appellant/revenue pointed out that certain observations made by the learned Tribunal in paragraph 6 seeks to give an impression as if the learned Tribunal was sitting in appeal over the decision in the case of Swati

PRINCIPAL COMMISSIONER OF INCOME TAX-2, KOLKATA vs. M/S. CENTURY ENKA LIMITED