Vichara Technology (I) Pvt. Ltd., New Delhi V. ITO, Ward- 126(2), New Delhi

CO 20/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0981 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 29 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 23-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2011-2012
• Appeal Filed On: 25-01-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: LALITA KRISHANA MURTY
• Assessee Lawyers: BARANWAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH I-2, NEW DELHI BEFORE SH. N. K. BILLAIYA, ACCOUNTANT MEMBER AND MS. SUCHITRA KAMBLE, JUDICIAL MEMBER (THROUGH VIDEO CONFERENCING) ITA NO.6142/DEL/2017 ASSESSMENT YEAR: 2011-12 ITO WARD 126 (2) NEW DELHI VS M/S. VICHARA TECHNOLOGY (I) PVT. LTD. E-186, GREATER KAILASH-I, NEW DELHI PAN NO. AABCV2180N (APPELLANT) (RESPONDENT) CROSS OBJECTION NO.20/DEL/2018 ASSESSMENT YEAR: 2011-12 M/S. VICHARA TECHNOLOGY (I) PVT. LTD. E-186, GREATER KAILASH-I, NEW DELHI PAN NO. AABCV2180N VS ITO WARD 126 (2) NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY SH. BARANWAL, SR. DR. RESPONDENT BY MS. LALITA KRISHANA MURTY, ADVOCATE DATE OF HEARING: 23/02/2021 DATE OF PRONOUNCEMENT: 23/02/2021 ORDER PER N. K. BILLAIYA, AM: THIS APPEAL FILED BY THE REVENUE AND THE CROSS OBJ ECTION BY THE ASSESSEE ARE PREFERRED AGAINST THE ORDER OF THE CIT(A)-13, NEW DELHI DATED 30.06.2017 PERTAINING TO A.Y.2011-12. 2 2. THE APPEAL OF THE REVENUE HAS TO BE DISMISSED AS THE TAX EFFECT IS LESS THAN RS. 50,00,000/- AND AS PER THE CBDT ORDER NO.17 OF 2019 DATED 08.08.2019. THE REVENUE IS DI RECTED NOT TO FILE APPEAL BEFORE THE TRIBUNAL IF THE TAX EFFECT I S LESS THAN RS.50,00,000/-. ACCORDINGLY THE APPEAL OF THE REVEN UE IS DISMISSED. CROSS OBJECTION NO.20/DEL/2018 ( A.Y.2011-12) 3. THE COUNSEL DID NOT PRESS THE CROSS OBJECTION FI LED BY THE ASSESSEE AND THE SAME ARE ALSO DISMISSED AS NOT PRE SSED. 4. DECISION ANNOUNCED IN THE OPEN COURT IN THE PRES ENCE OF BOTH THE REPRESENTATIVES ON 23.02.2021. SD/- SD/- (SUCHITRA KAMBLE) (N. K. BILLAIYA) JUDICIAL MEMBER ACCO UNTANT MEMBER *NEHA* DATE:-23.02.2021 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGI STRAR ITAT NEW DELHI 3 DATE OF DICTATION 23.02.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 2 3.02.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 2 3.02.2021 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.PS/PS 2 3.02.2021 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 2 3.02.2021 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 2 3.02.2021 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 2 3.02.2021 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 2 3.02.2021 DATE ON WHICH FILE GOES TO THE HEAD CLERK. THE DATE ON WHICH FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER