ORDER SHEET IN HIGH COURT AT CALCUTTA Special Jurisdiction [Income Tax] ORIGINAL SIDE ITAT 63 of 2015 GA 1712 of 2015 COMMISSIONER OF INCOME TAX, KOLKATA-4, KOL Versus M/S. GUPTA MACHINE TOOLS LTD. BEFORE: Hon'ble CHIEF JUSTICE THOTTATHIL B. RADHAKRISHNAN And Hon'ble JUSTICE ARIJIT BANERJEE Date : 12th December, 2019. Mr. Smarajit Roychowdhury, Adv. ..for Appellant Mr. G. S. Gupta, Adv. Mr. Siddharth Das, Adv. ..for Respondent Court : This appeal under Income Tax Act, 1961 is filed by department. It is seen that this appeal does not deserve to be further prosecuted having regard to policy decision of department which does not call for continued prosecution of matter value of which is below Rs.1 crore. This position is acceded to on behalf of department. 2 We do not see any reason to retain this appeal and we dismiss same along with connected application leaving open questions of law raised. (THOTTATHIL B. RADHAKRISHNAN, CJ.) (ARIJIT BANERJEE, J.) sm Commissioner of Income-tax, Kolkata-4, Kol v. Gupta Machine Tools Ltd