Sh. Ranjana Garg, New Delhi V. DCIT, New Delhi

CO 251/DEL/2012

• Counselvise Citation: [2016] 123 COUNSELVISE.COM (IT) 1874 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 6 month(s) 9 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 19-01-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2009-2010
• Appeal Filed On: 10-07-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUNIL CHANDER SHARMA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH B : NEW DELHI) BEFORE SHRI A.T. VARKEY, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA NO.2350/DEL./2012 (ASSESSMENT YEAR : 2009-10) DCIT, CENTRAL CIRCLE 5, VS. MS. RANJANA GARG, NEW DELHI. 141, SUNDER NAGAR, NEW DELHI. (PAN : AANPG3625G) CO NO.251/DEL/2012 (IN ITA NO.2350/DEL./2012) (ASSESSMENT YEAR : 2009-10) MS. RANJANA GARG, VS. DCIT, CENTRAL CIRCLE 5, 141, SUNDER NAGAR, NEW DELHI. NEW DELHI. (PAN : AANPG3625G) (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI RAJEEV SAXENA, ADVOCATE REVENUE BY : SHRI SUNIL CHANDER SHARMA, CIT DR O R D E R PER BENCH : THE APPEAL BY THE REVENUE AND THE CROSS OBJECTION B Y THE ASSESSEE ARE FILED AGAINST THE ORDER OF THE CIT (APPEALS)-XXXI, NEW DELHI DATE D 09.03.2012 FOR THE ASSESSMENT YEAR 2009-10. 2. THE TAX EFFECT IN THE APPEAL BY THE REVENUE DOES NOT EXCEED THE MONETARY LIMIT OF RS.10 LAKHS SPECIFIED IN CIRCULAR NO.21/2015 DATED 10 TH DECEMBER,2015, F.NO.279/MISC./142/2007-ITJ(PT.). ITA NO.2350/DEL./2012 CO NO.251/DEL./2012 2 3. WE ARE OF THE OPINION THAT THE CIRCULAR OF THE C BDT RESULTS IN THE REVENUE APPEAL BEING NOT MAINTAINABLE. FURTHER THIS CBDT CIRCULAR, AT PARA 10 SPECIFIES THAT THE INSTRUCTION WILL APPLY RETROSPECTIVELY, TO ALL PEND ING APPEALS. WE HAVE EXAMINED THE GROUNDS OF APPEAL AND HAVE FOUND THAT THE TAX EFFEC T ON THE QUANTUM OF INCOME IN DISPUTE IS BELOW THE MONETARY LIMIT OF RS.10,00,000/- (RUPE ES TEN LAKHS ONLY). 4. HENCE WE DISMISS THE APPEAL FILED BY THE REVENUE ON THE GROUND THAT THE TAX EFFECT IN THE PRESENT APPEAL DOES NOT EXCEED THE MONETARY LIMIT SPECIFIED BY THE CBDT CIRCULAR NO.21/2015 DATED 10 TH DECEMBER,2015, F.NO. 279/MISC./142/2007-ITJ(PT.) A ND HENCE NOT MAINTAINABLE. 5. IN CASE THERE IS A MISTAKE IN THE CALCULATION OR IF THE CASE IS COVERED BY ANY OF THE EXCEPTION SPECIFIED IN THE CIRCULAR, THE REVENUE MA Y FILE MISC. APPLICATION U/S 254(2) OF THE INCOME TAX ACT 1961 POINTING OUT THE MISTAKE AN D IF THE BENCH IS CONVINCED OF THE MISTAKE, THE ORDER WILL BE RECALLED AND THE APPEAL WILL BE RESTORED FOR FRESH DISPOSAL ON MERITS. 6. AT THE TIME OF HEARING, THE LD. AR DID NOT PRESS THE GROUNDS OF THE CROSS OBJECTION, HENCE, THE CROSS OBJECTION IS DISMISSED AS NOT PRES SED. 7. IN THE RESULT, THE REVENUES APPEAL AND THE CROS S OBJECTION BY THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON THIS 19 TH DAY OF JANUARY, 2016 AFTER THE CONCLUSION OF THE HEARING. SD/- SD/- (PRASHANT MAHARISHI) (A.T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 19 TH DAY OF JANUARY, 2016 TS ITA NO.2350/DEL./2012 CO NO.251/DEL./2012 3 COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A)-XXXI, NEW DELHI. 5.CIT(ITAT), NEW DELHI. AR, ITAT NEW DELHI.