Brijgopal Ramnarayan Toshniwal, Jalna V. Assistant Commissioner of Income-tax, Jalna Circle, Jalna

CO 3/PUN/2022

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 0835 (ITAT-PUNE)
• Duration Of Justice: 8 month(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 13-10-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 21-07-2022
• Assessment Year: 2013-2014
• Appeal Filed On: 13-02-2022
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

आयकर अपीलीय अिधकरण “बी” Ɋायपीठ पुणेमŐ। IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, PUNE BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER आयकरअपीलसं. / ITA No.726/PUN/2019 िनधाᭅरणवषᭅ / Assessment Year : 2013-14 The Assistant Commissioner of Income Tax, Jalna Circle, Jalna. Vs Brijgopal Ramnarayan Toshniwal, Prop: Ayodhya Ginning & Pressing Factory, Yeldari Road, Jintur, Parbhani – 431509. PAN: AAQPT 1638 R Appellant/ Revenue Respondent /Assessee C.O.No.03/PUN/2022 (arising out of ITA No.726/PUN/2019) Assessment Year : 2013-14 Brijgopal Ramnarayan Toshniwal, Prop: Ayodhya Ginning & Pressing Factory, Yeldari Road, Jintur, Parbhani – 431509. PAN: AAQPT 1638 R Vs The Assistant Commissioner of Income Tax, Jalna Circle, Jalna. Appellant/ Assessee Respondent / Revenue Assessee by Shri Naveen Rander – AR Revenue by Shri M.G.Jasnani – DR Date of hearing 22/07/2022 Date of pronouncement 14/10/2022 आदेश/ ORDER PER DR. DIPAK P. RIPOTE, AM: This appeal filed by the Revenue and Cross objection appeal filed by the assessee is directed against the common order of ld.Commissioner of Income Tax(Appeals)-1, Aurangabad, dated 28.02.2019 for the A.Y. 2013-14. ITA No.726/PUN/2019 & C.O.No.03/PUN/2022 Brijgopal Ramnarayan Toshniwal 2 2. At the outset of hearing, the ld.Departmental Representative(ld.DR) for the Revenue submitted letter dated 21.07.2022. The Revenue vide letter no.PN/Addl.CIT/ITAT- B/Brijgopal R. Toshniwal/2022-23/ dated 21.07.2022 submitted as under: “ This case is fixed for hearing on 22/07/2022 before the Hon’ble ‘B’ Bench of ITAT Pune. 2. Vide letter No.JLN/ITO/Ward 1/ITAT/BRT/2022-23/511 dated 20/07/2022 (copy enclosed), the Assessing Officer has confirmed that the tax effect in the above case for the A.Y. 2013-14 is less than Rs.50 lakhs and the same may kindly be placed before the Hon’ble B Bench, ITAT, Pune for perusal. 3. This letter may kindly be put up to Hon’ble Members of ‘B’ Bench.” 3. The CBDT has issued circular No.17/2019 dated 08-08-2019 revising upward the monetary limits for filing of appeals by the Department in Income-tax Cases before various appellate forums. The earlier circular No.03/2018 dated 11/07/2018 fixed monetary limit for filing of appeals by the Revenue before the Tribunal at Rs.20.00 lakhs. Such limit has now been enhanced in the Circular dated 08-08-2019 to Rs.50.00 lakhs. The tax effect in the instant appeal is less than the revised monetary limit of Rs.50.00 lakhs. 4. At this juncture, it is pertinent to note that the CBDT vide F.No.279/Misc/M-13/2018-ITJ dated 20-08-2019 has clarified that the revised monetary limits so mentioned in Circular No.17/2019 are applicable to all pending appeals. In view of the foregoing ITA No.726/PUN/2019 & C.O.No.03/PUN/2022 Brijgopal Ramnarayan Toshniwal 3 discussion, we dismiss the appeal filed by the Revenue on account of low tax effect. 5. In the result, the appeal of the Revenue in ITA No.726/PUN/2019 is dismissed. C.O.No.03/PUN/2022: 6. Since the main appeal of the Revenue in ITA No.726/PUN/2019 has been dismissed above, this Cross Objection appeal become infructuous, accordingly, this Cross Objection filed by the assessee is dismissed as infructuous. Order pronounced in the open Court on 14 th October, 2022. Sd/- Sd/- (S.S.GODARA) (DR. DIPAK P. RIPOTE) JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / Pune; ᳰदनांक / Dated : 14 th Oct, 2022/ SGR* आदेशकᳱᮧितिलिपअᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The CIT(A), concerned. 4. The Pr. CIT, concerned. 5. िवभागीयᮧितिनिध, आयकर अपीलीय अिधकरण, “बी” बᱶच, पुणे / DR, ITAT, “B” Bench, Pune. 6. गाडᭅफ़ाइल / Guard File. आदेशानुसार / BY ORDER, // TRUE COPY // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे/ITAT, Pune.