Shri Jitendra D. Trivedi, Ambaji V. The Dy.CIT, Central Circle-2(2), Ahmedabad

CO 190/AHD/2014

• Counselvise Citation: [2017] 123 COUNSELVISE.COM (IT) 2672 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 5 month(s) 24 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 24-01-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 23-01-2017
• Assessment Year: 2010-2011
• Appeal Filed On: 30-07-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH (BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER & SHRI MAHAVIR PRASAD, JUDICIAL MEMBER) IT(SS)A.NO: 226/AHD/2014 & C.O. NO.190/AHD/14 (ASSESSMENT YEAR: 2010-11) DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2(2), AHMEDABAD SHRI JITENDRA D. TRIVEDI, D.K. TRIVEDI & SONS PREMISES, KUMBHARIYA ROAD, AMBAJI, DANTA AMBAJI-385110 V/S V/S SHRI JITENDRA D. TRIVEDI, D.K. TRIVEDI & SONS PREMISES, KUMBHARIYA ROAD, AMBAJI, DANTA AMBAJI-385110 DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE- 2(2), AHMEDABAD (APPELLANT) (RESPONDENT) PAN: AAIPT1735D APPELLANT BY : SHRI K. MADHUSUDAN, SR. D. R. RESPONDENT BY : SHRI DHIREN SHAH, A.R. ( )/ ORDER DATE OF HEARING : 23 -01-201 7 DATE OF PRONOUNCEMENT : 24 -01-2017 PER N.K. BILLAIYA, ACCOUNTANT MEMBER IT(SS)A NO. 226 & C.O. NO. 190/AHD/2014 . A.Y. 2010-11 2 1. IT(SS)A NO. 226/AHD/2014 & C.O. NO. 190/AHD/2014 IS APPEAL BY THE REVENUE AND CROSS OBJECTION BY THE ASSESSEE PREFERR ED AGAINST THE VERY SAME ORDER OF THE LD. CIT(A)-III, AHMEDABAD DATED 2 7.02.2014 PERTAINING TO A.Y. 2010-11. 2. THE GRIEVANCE OF THE REVENUE RELATES TO THE DELETIO N OF THE PENALTY LEVIED U/S. 271AAA AMOUNTING TO RS. 9,22,868/-. 3. THIS APPEAL OF THE REVENUE HAS TO BE DISMISSED IN T HE LIGHT OF THE CIRCULAR NO. 21 OF 2015 DATED 10.12.2015 OF THE CBDT BY WHIC H THE BOARD HAS PRESCRIBED THE MONETARY LIMIT FOR FILING APPEALS BE FORE THE APPELLATE TRIBUNAL AT RS. 10,00,000/- AND ABOVE. RESPECTFULLY FOLLOWING THE AFORE- STATED CBDT CIRCULAR, THIS APPEAL OF THE REVENUE IS DISMISSED. 4. THE ASSESSEE DID NOT PRESS CROSS OBJECTION AND THE SAME IS DISMISSED AS NOT PRESSED. ORDER PRONOUNCED IN OPEN COURT ON 24 - 01- 20 17 SD/- SD/- (MAHAVIR PRASAD) (N. K. BILLAIYA) JUDICIAL MEMBER TRUE COPY ACCOUNTANT MEMBER AHMEDABAD: DATED 24 /01/2017 RAJESH COPY OF THE ORDER FORWARDED TO: - 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT (APPEALS) 4. THE CIT CONCERNED.