IN THE HIGH COURT AT CALCUTTA CONSTITUTIONAL WRIT JURISDICTION (Appellate Side)

Present: THE HON’BLE JUSTICE RAJARSHI BHARADWAJ W.P.A 28482 of 2024 Reserved on : 10.01.2025 Pronounced on: 29.01.2025 M/s. Kvell Properties Private Limited ...Petitioner -Vs-

The Principal Commissioner of Income Tax, Kolkata-9 & Ors.

...Respondents Present:-

Mr. Avra Mazumder Ms. Alisha Das Mr. Samrat Das Ms. Elina Dey Mr. Sourendra Nath Banerjee Mr. Alishan Hossain … for the petitioner Mr. Tilak Mitra … … for the State Rajarshi Bharadwaj, J:

1. The Petitioner preferers the present petition challenging the impugned

show cause notice dated February 23, 2024 that is in violation of the

principles of natural justice. The facts of the case in a nutshell are that on

September 5, 2023, Respondent No. 4 issued a summons under Section

131(1A) of the Income Tax Act, 1961 (hereinafter referred to as "the Act"),

directing the Petitioner to provide documents related to its transactions with one Isprava Vesta (P) Ltd. and associated entities. The Petitioner, on September 7, 2023, submitted its books of accounts, bank statements, and relevant agreements.

2. On February 13, 2024, Respondent No. 1 issued a show cause notice und