M/s. Ratnadeep Metal & Tubes Ltd., Ahmedabad V. The Dy. CIT., Circle-3(1)(2), Ahmedabad

CO 26/AHD/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 2804 (ITAT-AHMEDABAD)
• Duration Of Justice: 8 month(s) 17 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 28-02-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2010-2011
• Appeal Filed On: 11-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: LALIT P JAIN
• Assessee Lawyers: ANUNAY SHARDA
• Keywords: Tax effect

Judgement Text

, C IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, AHMEDABAD BEFORE SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER & SHRI MAHAVIR PRASAD, JUDICIAL MEMBER CROSS OBJECTION NO. 26/AHD/2018 (ARISING OUT OF ITA NO. 2474/AHD/2016) ( ASSESSMENT YEAR : 2010-11) DCIT, CIRCLE 3(1)(2) AHMEDABAD- 380014 / VS. M/S RATNADEEP METAL & TUBE LTD. 402, SAI PRASAD APARTMENT NR. DARPAN ACADEMY, USMANPURA, AHMEDABAD- 380013 / / PAN/GIR NO. : AAB FM1 315 K ( APPELLANT ) .. ( / RESPONDENT ) / APPELLANT BY : ANUNAY SHARDA, AR / RESPONDENT BY : LALIT P. JAIN, SR. DR DATE OF HEARING 26/02/2019 !'# / DATE OF PRONOUNCEMENT 28/02/2019 / O R D E R PER PRADIP KUMAR KEDIA - AM: THE CAPTIONED MEMORANDUM OF CROSS OBJECTION OF THE ASSESSEE ARISES IN THE REVENUE APPEAL NO. ITA/2474/AHD/2016 CONCERNING ASSESSMENT YEAR 2010-11. 2. WHEN THE MATTER WAS CALLED FOR HEARING ON ENQUIR Y BY THE BENCH THE LD. DR FOR THE REVENUE SUBMITTED THAT THE REVEN UE APPEAL IN ITA (ITA NO.2474/AHD/2016) CO. NO. 26/AHD/2018 [DCIT VS . M/S RATNADEEP METAL & TUBE LTD.] A.Y. 2010-11 - 2 - NO. 2474 HAS BEEN DISMISSED BY THE TRIBUNAL WITHOUT DISCUSSION ON MERIT ON ACCOUNT OF LOW TAX EFFECT BY TAKING SHELTE R OF CIRCULAR NO. 03 OF 2018 DATED 11/07/2018. 3. IN THE LIGHT OF THE REVENUE APPEAL STATED TO HAV E BEEN DISMISSED BY THE TRIBUNAL, THE LD. AR FOR THE ASSESSEE FAIRLY SUBMITTED THAT THE GRIEVANCES RAISED BY THE CROSS OBJECTION OF THE ASS ESSEE ARE NOT REQUIRED TO PRESSED IN TO SERVICE. 4. IN THE RESULT CROSS OBJECTION OF THE ASSESSEE IS DISMISSED HAS WITHDRAWN. SD/- SD/- (MAHAVIR PRASAD) (PRADIP KUMA R KEDIA) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD: DATED 28/02/2019 TANMAY TRUE COPY !'#' / COPY OF ORDER FORWARDED TO:- & / REVENUE 2 / ASSESSEE ( ) *+ , / CONCERNED CIT 4 ,- / CIT (A) / 012 33*+4 *+#4 56) / DR, ITAT, AHMEDABAD 7 289 : / GUARD FILE. BY ORDER / 4 / 5 *+#4 56) THIS ORDER PRONOUNCED IN OPEN COURT ON 28/02/ 2019