PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. SHRI MAHENDRA KUMAR PERIWAL
In the result, these appeals are allowed and the substantial
ITAT/136/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
2. The revenue in ITAT No. 6/2022 has raised the following substantial
questions of law for consideration:-
(i)
Whether on the facts and circumstances of the case and in
law the Learned Income Tax Appellate Tribunal erred in
ignoring the direct and circumstantial evidence brought on
record by the Assessing Officer to establish that the assessee
had indulged in manipulation
