M/s. Shine Star Buildcon Pvt. Ltd., New Delhi V. ACIT, New Delhi

CO 258/DEL/2016

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 6225 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 6 month(s) 10 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 28-01-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2006-2007
• Appeal Filed On: 18-07-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SULEKHA VERMA
• Keywords: Tax effect

Judgement Text

IN THE INCOME-TAX APPELLATE TRIBUNAL, DELHI BENCH F, NEW DELHI BEFORE : SHRI H.S. SIDHU, JUDICIAL MEMBER AND SHRI L.P. SAHU, ACCOUNTANT MEMBER C.O. NO. 258/DEL/2016 (IN ITA NO. 3457/DEL/2016) ASSESSMENT YEAR: 2006-07 SHINE STAR BUILDCON PVT. LTD., 4, RR APARTMENT, 3-4, MANGLAPURI, MEHRAULI, NEW DELHI. PAN- AAICS 5795D. (APPELLANT) VS. ACIT, CENTRAL CIRCLE - 14, NEW DELHI. (RESPONDENT) APPELLANT BY SH. GAUTAM JAIN, ADVOCATE RESPONDENT BY SMT. SULEKHA VERMA, CIT/DR ORDER PER L.P. SAHU, A.M.: DURING THE COURSE OF HEARING, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE DEPARTMENTAL APPEAL, IN WHICH THE PRESENT CROSS OBJECTION WAS FILED, HAS ALREADY BEEN DISMISSED AS NON-MAINTAINABLE IN VIEW OF CBDT CIRCULAR NO. 3/2018 DATED 11TH JULY, 2018 ON ACCOUNT OF TAX EFFECT BEIN G BELOW RS.20 LAKHS, THE ASSESSEE ALSO WISHES TO WITHDRAW THE PRESENT CROSS OBJECTION FILED BY THE ASSESSEE. THE LD. DR HAS NO OBJECTION ON THE REQUES T OF ASSESSEE. WE, THEREFORE, DISMISS THIS CROSS OBJECTION AS WITHDRAWN. 2. IN THE RESULT, THE CROSS-OBJECTION OF THE ASSESS EE IS DISMISSED, AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 28.01.2019. SD/- SD/- (H.S. SIDHU) (L.P. SA HU) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 28.01.2019 DATE OF HEARING 28.01.2019 DATE OF PRONOUNCEMENT 28.01.2019