2022 (4) TMI 1415

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.... Mr. Abhratosh Majumder, Sr. Adv., Mr. Avra Majumder, Adv., Mr. K. Roy, Adv., Mr. B. Gupta, Adv. For the Respondent ORDER This appeal filed by the revenue under Section 260A of the Income Tax Act, 1961 is directed against the order dated 23rd December, 2019 passed by the Income Tax Appellate Tribunal "B" Bench, Kolkata in MA No. 224/Kol/2019 along with ITA No. 1164/Kol/2019 for the assessment....

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....f the transaction to prove that it had not indulged in dubious share transactions meant to account for undisclosed income in the garb of Long Term Capital Gain (LTCG) to claim exemption under Section 10(38) of the Act ? d) Whether the order of the Learned Tribunal is perverse in overlooking that it is the duty of the Tribunal to scratch surface and probe documentary evidence in depth in light of....

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....y not be required to answer the substantial questions of law in the light of the fact that the respondent assessee had filed declaration under the provisions of the Vivad Se Viswas Act (VSV Act) and though the declaration was processed and Form 3 was issued on 27th January, 2021, subsequently it was withdrawn from the server of the Department. This compelled the assessee to submit representation t....