M/s. Horizon Solutions Integration P. Ltd., New Delhi V. ACIT, New Delhi

CO 209/DEL/2014

• Counselvise Citation: [2016] 112 COUNSELVISE.COM (IT) 4266 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 15 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 09-09-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 11-07-2016
• Assessment Year: 2003-2004
• Appeal Filed On: 25-08-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A K SAROHA
• 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 C CC C: NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT AND AND AND AND SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO S SS S . .. . 6700/DEL/2013, 6701/DEL/2013, 6702/DEL/2013, 6700/DEL/2013, 6701/DEL/2013, 6702/DEL/2013, 6700/DEL/2013, 6701/DEL/2013, 6702/DEL/2013, 6700/DEL/2013, 6701/DEL/2013, 6702/DEL/2013, 6703/DEL/2013, 6704/DEL/2013 & 6705/DEL/2013 6703/DEL/2013, 6704/DEL/2013 & 6705/DEL/2013 6703/DEL/2013, 6704/DEL/2013 & 6705/DEL/2013 6703/DEL/2013, 6704/DEL/2013 & 6705/DEL/2013 ASSESSM ASSESSM ASSESSM ASSESSM ENT YEAR ENT YEAR ENT YEAR ENT YEAR S SS S : : : : 2003 2003 2003 2003 - -- - 04, 2004 04, 2004 04, 2004 04, 2004 - -- - 05, 2005 05, 2005 05, 2005 05, 2005 - -- - 06, 06, 06, 06, 2006 2006 2006 2006- -- -07, 2007 07, 2007 07, 2007 07, 2007- -- -08 & 2008 08 & 2008 08 & 2008 08 & 2008- -- -09 0909 09 ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -17, 17, 17, 17, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. M/S HORIZON SOLUTIONS INTEGRATION M/S HORIZON SOLUTIONS INTEGRATION M/S HORIZON SOLUTIONS INTEGRATION M/S HORIZON SOLUTIONS INTEGRATION PVT.LTD., PVT.LTD., PVT.LTD., PVT.LTD., 602, D 602, D 602, D 602, D- -- -8, ROSE APARTMENTS, 8, ROSE APARTMENTS, 8, ROSE APARTMENTS, 8, ROSE APARTMENTS, WARD WARD WARD WARD- -- -3, MEHRAULI, 3, MEHRAULI, 3, MEHRAULI, 3, MEHRAULI, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 030. 110 030. 110 030. 110 030. PAN PAN PAN PAN : AABCH1024R. : AABCH1024R. : AABCH1024R. : AABCH1024R. (APPELLANT) (RESPONDENT) CROSS OBJECTION CROSS OBJECTION CROSS OBJECTION CROSS OBJECTION NO NONO NO S.209/DEL/2014, 221/DEL/2014, 222/DEL/2014, S.209/DEL/2014, 221/DEL/2014, 222/DEL/2014, S.209/DEL/2014, 221/DEL/2014, 222/DEL/2014, S.209/DEL/2014, 221/DEL/2014, 222/DEL/2014, 223/DEL/2014, 224/DEL/2014 & 225/DEL/2014 223/DEL/2014, 224/DEL/2014 & 225/DEL/2014 223/DEL/2014, 224/DEL/2014 & 225/DEL/2014 223/DEL/2014, 224/DEL/2014 & 225/DEL/2014 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S SS S : : : : 2003 2003 2003 2003 - -- - 04, 2004 04, 2004 04, 2004 04, 2004 - -- - 05, 2005 05, 2005 05, 2005 05, 2005 - -- - 06, 06, 06, 06, 2006 2006 2006 2006- -- -07, 2007 07, 2007 07, 2007 07, 2007- -- -08 & 2008 08 & 2008 08 & 2008 08 & 2008- -- -09 0909 09 M/S HORIZON SOLU M/S HORIZON SOLU M/S HORIZON SOLU M/S HORIZON SOLU TIONS TIONS TIONS TIONS INTEGRATION PVT.LTD., INTEGRATION PVT.LTD., INTEGRATION PVT.LTD., INTEGRATION PVT.LTD., (KNOWN AS : SURIDHI INFRATECH (KNOWN AS : SURIDHI INFRATECH (KNOWN AS : SURIDHI INFRATECH (KNOWN AS : SURIDHI INFRATECH PVT.LTD.), PVT.LTD.), PVT.LTD.), PVT.LTD.), (NOW AMALGAMATED WITH : (NOW AMALGAMATED WITH : (NOW AMALGAMATED WITH : (NOW AMALGAMATED WITH : SURIDHI RETAIL PRIVATE SURIDHI RETAIL PRIVATE SURIDHI RETAIL PRIVATE SURIDHI RETAIL PRIVATE LIMITED), LIMITED), LIMITED), LIMITED), F FF F- -- -6/5, VASANT VIHAR, 6/5, VASANT VIHAR, 6/5, VASANT VIHAR, 6/5, VASANT VIHAR, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 0157. 110 0157. 110 0157. 110 0157. PAN : AABCH1024R. PAN : AABCH1024R. PAN : AABCH1024R. PAN : AABCH1024R. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -17, 17, 17, 17, NEW DEL NEW DEL NEW DEL NEW DELHI. HI.HI. HI. (APPELLANT) (RESPONDENT) REVENUE BY : SHRI A.K. SAROHA, CIT - DR. ASSESSEE BY : SHRI KAPIL GOEL, ADVOCATE. DATE OF HEARING : 07.09.2016 07.09.2016 07.09.2016 07.09.2016 DATE OF PRONOUNCEMENT : 09.09.2016 09.09.2016 09.09.2016 09.09.2016 ITA-6700/D/2013 & 11 OTHERS 2 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP : :: :- -- - THESE APPEALS BY THE REVENUE AND THE CROSS-OBJECTI ONS FILED BY THE ASSESSEE FOR THE ASSESSMENT YEARS 2003-04 TO 20 08-09 ARE DIRECTED AGAINST THE ORDERS OF LEARNED CIT(A)-II, N EW DELHI DATED 7 TH OCTOBER, 2013, 8 TH OCTOBER, 2013 & 9 TH OCTOBER, 2013. 2. IT IS OBSERVED THAT THE TAX EFFECT INVOLVED IN T HESE APPEALS 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 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. ITA-6700/D/2013 & 11 OTHERS 3 4. THEREFORE, THE ABOVE CIRCULAR WOULD BE SQUARELY APPLICABLE TO THE APPEALS UNDER CONSIDERATION BEFORE US. 5. LEARNED CIT-DR WHO APPEARED AT THE TIME OF HEARI NG BEFORE US WAS FAIR ENOUGH TO ADMIT THAT THE TAX EFFECT IN THE SE APPEALS BY THE REVENUE IS BELOW `10 LAKHS. 6. IN VIEW OF THE ABOVE, WE DEEM IT PROPER TO DISMI SS ALL THE APPEALS FILED BY THE REVENUE HAVING TAX EFFECT OF L ESS THAN `10 LAKHS. 7. AT THE TIME OF HEARING BEFORE US, LEARNED COUNSE L FOR THE ASSESSEE HAS NOT PRESSED THE CROSS-OBJECTIONS FILED BY THE ASSESSEE. ACCORDINGLY, THE SAME ARE DISMISSED AS NOT PRESSED. 8. IN THE RESULT, ALL THE APPEALS OF THE REVENUE AN D THE CROSS- OBJECTIONS OF THE ASSESSEE ARE DISMISSED. DECISION PRONOUNCED IN THE OPEN COURT ON 09.09.2016 . SD/- SD/- (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S HORIZON SOLUTION M/S HORIZON SOLUTION M/S HORIZON SOLUTION M/S HORIZON SOLUTIONS INTEGRATION PVT.LTD., S INTEGRATION PVT.LTD., S INTEGRATION PVT.LTD., S INTEGRATION PVT.LTD., (KNOWN AS : SURIDHI INFRATECH PVT.LTD.), (KNOWN AS : SURIDHI INFRATECH PVT.LTD.), (KNOWN AS : SURIDHI INFRATECH PVT.LTD.), (KNOWN AS : SURIDHI INFRATECH PVT.LTD.), (NOW AMALGAMATED WITH : SURIDHI RETAIL (NOW AMALGAMATED WITH : SURIDHI RETAIL (NOW AMALGAMATED WITH : SURIDHI RETAIL (NOW AMALGAMATED WITH : SURIDHI RETAIL PRIVATE LIMITED), F PRIVATE LIMITED), F PRIVATE LIMITED), F PRIVATE LIMITED), F- -- -6/5, VASANT VIHAR, 6/5, VASANT VIHAR, 6/5, VASANT VIHAR, 6/5, VASANT VIHAR, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 0157. 110 0157. 110 0157. 110 0157. 2. RESPONDENT : ASSISTANT COMMISSIONER OF INCOME TA X, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -17, N 17, N 17, N 17, NEW DELHI. EW DELHI. EW DELHI. EW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR