Filling of appeal in the High Court against order of ITAT have no effect as High Court neither can set aside nor can give stay


Last updated: 18 January 2012

Court :
INCOME TAX APPELLATE TRIBUNAL

Brief :
That on the facts and circumstances of the case, Ld.CIT(A)-VI, Kolkata has erred in law as well as on facts by deleting the addition of excess depreciation claimed of Rs.1,61,95,130/- by relying upon the decision of the Hon’ble ITAT in the case of the assessee for the A.Yrs. 2001-02 to 2005-06 in view of the fact that it has not been accepted by the department and has filed appeal before the Hon’ble High Court.

Citation :
ITA No.443/Kol/2011 Assessment Year: 2006-07 D.C.I.T., Circle-5, Kolkata(APPELLANT )Versus.M/s. Kesoram Industries Ltd., Kolkata (PAN :: AABCK 2417 P)(RESPONDENT)

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Shivani
Published in Income Tax
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