Sri Prithviraj Singh Oberoi , Kolkata V. DCWT, Circle - 8(1), , Kolkata

CO 116/KOL/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 4798 (ITAT-KOLKATA)
• Duration Of Justice: 2 month(s) 27 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 13-02-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 16-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: A K NAYAK
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA A BENCH, KOLKATA [BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER] W.T.A. NOS. 05, 06, 07 & 08/KOL/2018 (ASSESSMENT YEARS: 2003-04, 2004-05, 2005-06 & 2006-07) DCWT, CIRCLE-8(1), KOLKATA...............................................................APPELLANT SRI PRITHVIRAJ SINGH OBEROI......RESPONDENT [PAN : AADPO 2048 R] & W.T.A. NOS. 12 & 13/KOL/2018 (ASSESSMENT YEARS: 2008-09 & 2009-10 ) DCWT, CIRCLE-8(1), KOLKATA...............................................................APPELLANT SRI PRITHVIRAJ SINGH OBEROI......RESPONDENT [PAN : AADPO 2048 R] & C.O. NOS.113, 114, 115 & 116/KOL/2018 (A/O W.T.A. NOS. 05, 06, 07 & 08/KOL/2018) (ASSESSMENT YEARS: 2003-04, 2004-05, 2005-06 & 2006-07) SRI PRITHVIRAJ SINGH OBEROI......CROSS-OBJECTOR [PAN : AADPO 2048 R] DCWT, CIRCLE-8(1), KOLKATA...............................................................RESPONDENT & C.O. NOS.4 & 5/KOL/2019 (A/O W.T.A. NOS. 12 & 13/KOL/2018) (ASSESSMENT YEARS: 2008-09 & 2009-10 ) DCWT, CIRCLE-8(1), KOLKATA...............................................................CROSS-OBJECTOR SRI PRITHVIRAJ SINGH OBEROI......RESPONDENT [PAN : AADPO 2048 R] APPEARANCES BY: SHRI A. K. NAYAK, CIT-DR, APPEARED ON BEHALF OF THE APPELLANT. SHRI A.K. SINGH, FCA, APPEARING ON BEHALF OF THE RESPONDENT. DATE OF CONCLUDING THE HEARING : FEBRUARY 5 TH , 2019 DATE OF PRONOUNCING THE ORDER : FEBRUARY 13 TH , 2019 2 W.T.A. NOS. 05, 06, 07 & 08/KOL/2018 & W.T.A. NOS. 12 & 13/KOL/2018 & C.O. NOS.113, 114, 115 & 116/KOL/2018 & C.O. NOS.4 & 5/KOL/2019 O R D E R PER BENCH:- THE ONLY UNDISPUTED FACT IN ALL THESE APPEALS & C.OS IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F. NO. 279/MISC. 142/2007-ITJ (PT), DT. 11 TH JULY, 2018 READ WITH CIRCULAR NO.5/2019, F.NO.279/MISC/M-84/2018-ITJ AT 5 TH FEBRUARY, 2019. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO.5/2019, THE APPEALS OF THE REVENUE ARE DISMISSED. THE LD. COUNSEL FOR THE ASSESSEE HAS NOT PRESSED THE C.OS. 2. IN THE RESULT, APPEALS OF THE REVENUE AND C.OS OF THE ASSESSEE ARE DISMISSED. KOLKATA, THE 13 TH DAY OF FEBRUARY, 2019. SD/- SD/- [ S.S. VISWANETHRA RAVI ] [ J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED :13.02.2019 (RS, SR. PS) COPY OF THE ORDER FORWARDED TO: 1. DCWT, CIRCLE-8(1), KOLKATA, P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. 2. SRI PRITHVIRAJ SINGH OBEROI, C/O M/S EIH LIMITED, 6 TH FLOOR, 4, MANGOE LANE, KOLKATA 700 001. 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES