Shri Damanjit Singh, New Delhi V. ACIT, New Delhi

CO 175/DEL/2007

• Counselvise Citation: [2017] 123 COUNSELVISE.COM (IT) 3221 (ITAT-DELHI)
• Duration Of Justice: 10 year(s) 4 month(s) 16 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 17-10-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 16-05-2017
• Assessment Year: 2002-2003
• Appeal Filed On: 31-05-2007
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANSHU PRAKASH SENIOR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH B1 B1B1 B1 : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI P.K. BANSAL, VICE P.K. BANSAL, VICE P.K. BANSAL, VICE P.K. BANSAL, VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT AND AND AND AND SHRI CHANDRA MOHAN GARG SHRI CHANDRA MOHAN GARG SHRI CHANDRA MOHAN GARG SHRI CHANDRA MOHAN GARG, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA ITAITA ITA NO NONO NO . .. . 885/DEL/2007 885/DEL/2007 885/DEL/2007 885/DEL/2007 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2002 2002 2002 2002 - -- - 03 0303 03 ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -22(1), 22(1), 22(1), 22(1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, A AA A- -- -61, OKHLA INDUSTRIAL AREA, 61, OKHLA INDUSTRIAL AREA, 61, OKHLA INDUSTRIAL AREA, 61, OKHLA INDUSTRIAL AREA, PHASE PHASE PHASE PHASE- -- -II, II,II, II, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 020. 110 020. 110 020. 110 020. PAN : PAN : PAN : PAN : ABKPS7190N. ABKPS7190N. ABKPS7190N. ABKPS7190N. (APPELLANT) (RESPONDENT) CROSS OBJECTION CROSS OBJECTION CROSS OBJECTION CROSS OBJECTION NO NONO NO .175/DEL/2007 .175/DEL/2007 .175/DEL/2007 .175/DEL/2007 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2002 2002 2002 2002 - -- - 03 0303 03 SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, A AA A- -- -61, OKHLA IND 61, OKHLA IND 61, OKHLA IND 61, OKHLA INDUSTRIAL AREA, USTRIAL AREA, USTRIAL AREA, USTRIAL AREA, PHASE PHASE PHASE PHASE- -- -II, II,II, II, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 020. 110 020. 110 020. 110 020. PAN : ABKPS7190N. PAN : ABKPS7190N. PAN : ABKPS7190N. PAN : ABKPS7190N. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -22(1), 22(1), 22(1), 22(1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) REVENUE BY : SHRI ANSHU PRAKASH, SENIOR DR. ASSESSEE BY : NONE. DATE OF HEARING : 17.10.2017 17.10.2017 17.10.2017 17.10.2017 DATE OF PRONOUNCEMENT : 17.10.2017 17.10.2017 17.10.2017 17.10.2017 ORDER ORDER ORDER ORDER PER P.K. BANSAL, VICE PER P.K. BANSAL, VICE PER P.K. BANSAL, VICE PER P.K. BANSAL, VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT : :: :- -- - THIS APPEAL BY THE REVENUE AND THE CROSS-OBJECTION BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-XXIII, NEW DELHI DATED 20 TH OCTOBER, 2006. 2. IT IS OBSERVED THAT THE TAX EFFECT INVOLVED IN T HE APPEAL BY THE REVENUE IS BELOW `10 LAKHS. THE CBDT IN ITS CIRCUL AR NO.21/2015 DATED 10 TH DECEMBER, 2015 HAS REVISED THE MONETARY LIMIT FOR FILING OF ITA-885/D/2007 & C.O.175/D/2007 2 THE DEPARTMENTAL APPEALS TO THE ITAT AT `10 LAKHS W HICH IS EVIDENT FROM PARAGRAPH 3 OF THE CIRCULAR, WHICH READS AS UN DER:- 3. HENCEFORTH, APPEAL/SLPS SHALL NOT BE FILED IN C ASES WHERE THE TAX EFFECT DOES NOT EXCEED THE MONETARY L IMITS GIVEN HEREUNDER:- S.NO. APPEALS IN INCOME - TAX MATTERS MONETARY LIMIT (IN RS) 1. BEFORE APPELLATE TRIBUNAL 10,00,000/ - 2. BEFORE HIGH COURT 20,00,000/ - 3. BEFORE SUPREME COURT 25,00,000/ - IT IS CLARIFIED THAT AN APPEAL SHOULD NOT BE FILED MERELY BECAUSE THE TAX EFFECT IN A CASE EXCEEDS THE MONETA RY LIMITS PRESCRIBED ABOVE. FILING OF APPEAL IN SUCH CASES IS TO BE DECIDED ON MERITS OF THE CASE. 3. IN PARAGRAPH 10 OF THE CIRCULAR, SUCH MONETARY L IMITS HAVE BEEN MADE APPLICABLE RETROSPECTIVELY. FOR READY REFEREN CE, WE REPRODUCE PARAGRAPH 10 BELOW:- 10. THIS INSTRUCTION WILL APPLY RETROSPECTIVELY TO PENDING APPEALS AND APPEALS TO BE FILED HENCEFORTH IN HIGH COURTS/TRIBUNALS. PENDING APPEALS BELOW THE SPECIF IED TAX LIMITS IN PARA 3 ABOVE MAY BE WITHDRAWN/NOT PRESSED . APPEALS BEFORE THE SUPREME COURT WILL BE GOVERNED B Y THE INSTRUCTIONS ON THIS SUBJECT, OPERATIVE AT THE TIME WHEN SUCH APPEAL WAS FILED. 4. THEREFORE, THE ABOVE CIRCULAR WOULD BE SQUARELY APPLICABLE TO THE APPEAL UNDER CONSIDERATION BEFORE US. LEARNED SENI OR DR COULD NOT CONTROVERT THE ABOVE POSITION. 5. IN VIEW OF THE ABOVE, WE DEEM IT PROPER TO DISMI SS THE APPEAL OF THE REVENUE IN THE LIGHT OF THE CIRCULAR NO.21/2015 OF CBDT DATED 10 TH DECEMBER, 2015. ITA-885/D/2007 & C.O.175/D/2007 3 6. THE CROSS-OBJECTION FILED BY THE ASSESSEE HAS NO T BEEN PRESSED BY THE ASSESSEE. THE SAME IS ACCORDINGLY DISMISSED . 7. IN THE RESULT, THE APPEAL OF THE REVENUE AND THE CROSS-OBJECTION OF THE ASSESSEE BOTH ARE DISMISSED. DECISION PRONOUNCED IN THE OPEN COURT ON 17.10.2017 . SD/- SD/- (CHANDRA MOHAN GARG (CHANDRA MOHAN GARG (CHANDRA MOHAN GARG (CHANDRA MOHAN GARG ) )) ) ( (( ( P.K. BANSAL P.K. BANSAL P.K. BANSAL P.K. BANSAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE VICE VICE VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. REVENUE : ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -22(1), NEW DELHI. 22(1), NEW DELHI. 22(1), NEW DELHI. 22(1), NEW DELHI. 2. ASSESSEE : SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, SHRI DAMANJIT SINGH, A AA A- -- -61, OKHLA INDUSTRI 61, OKHLA INDUSTRI 61, OKHLA INDUSTRI 61, OKHLA INDUSTRIAL AREA, AL AREA, AL AREA, AL AREA, PHASE PHASE PHASE PHASE- -- -II, NEW DELHI II, NEW DELHI II, NEW DELHI II, NEW DELHI 110 020. 110 020. 110 020. 110 020. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR