M/s. Green Tokri Frams Pvt. Ltd., Pune V. Income-Tax Officer, Ward 1(4), Pune

CO 38/PUN/2022

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 1161 (ITAT-PUNE)
• Duration Of Justice: 3 month(s) 11 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 10-10-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-10-2022
• Assessment Year: 2015-2016
• Appeal Filed On: 29-06-2022
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect; Tax effect
• Section: 143(3); 250; 13

Judgement Text

॥ आयकर अपीलीय न्यायाधिकरण, पुणे “ए” न्यायपीठ, पुणे में ॥ ITAT-Pune Page 1 of 4 IN THE INCOME TAX APPELLATE TRIBUNAL, PUNE “A” BENCH, PUNE BEFORE SHRI SS VISHWANETHRA RAVI, JUDICIAL MEMBER AND SHRI G. D. PADMAHSHALI, ACCOUNTANT MEMBER आयकर अपीऱ सं. / ITA No.188/PUN/2020 निर्धारण वर्ा / Assessment Year : 2015-2016 Income Tax Officer, Ward-1(4), Pune . . . . . . . अपीऱधर्थी / Appellant बनाम / V/s. M/s Green Tokri Farms Pvt. Ltd. Gurudev Building, Sainik Nagar, Wadgaonsheri, Pune. PAN: AABCB8381P . . . . . . . . प्रत्यर्थी / Respondent & CO No. 38/PUN/2022 निर्धारण वर्ा / Assessment Year : 2015-2016 M/s Green Tokri Farms Pvt. Ltd. Gurudev Building, Sainik Nagar, Wadgaonsheri, Pune. PAN: AABCB8381P . . . . . . . . Cross Objector बनाम / V/s. Income Tax Officer, Ward-1(4), Pune . . . . . . . अपीऱधर्थी / Appellant द्वारा / Appearances Assessee by : Shri Nikhil Mutha Revenue by : Shri Ramnath Murkunde स ु नवाई की तारीख / Date of conclusive Hearing : 11/10/2022 घोषणा की तारीख / Date of Pronouncement : 11/10/2022 M/s Green Tokri Farms Pvt. Ltd. ITA No.188/PUN/2020 & CO No.38/PUN/2022 PAN : AABCB8381P AY: 2015-16 ITAT-Pune Page 2 of 4 आदेश / ORDER PER G. D. PADMAHSHALI, AM; By the present appeal, the Revenue challenged the order of Commissioner of Income Tax (Appeals)-1, Pune [for short “CIT(A)”] dt. 20/11/2019 passed u/s 250 of the Income-tax Act, 1961 [for short “the Act”], which flown out of assessment order dt. 31/08/2017 passed u/s 143(3) by the Income Tax Officer, Ward-1(4), Pune [for short “AO”] for assessment year [for short “AY”] 2015-16 and whereas the respondent assessee has filed a Cross Objection [for short “CO”] thereagainst. 2. When the case was called up for physical hearing, the learned counsel representing the assessee [for short “AR”] without going into facts and grounds of appeal raised in cross objection, at the outset adverting page 2-3 of paper book filed on record entreated that, the appeal of the Revenue falls below the tax effect within the purview of Central Board of Direct Taxes [for short “CBDT”] Circular 17/2019 r.w. Circular 3/2018, hence not maintainable. The learned department representative [for short “DR”] without controverting the factual position conceded with M/s Green Tokri Farms Pvt. Ltd. ITA No.188/PUN/2020 & CO No.38/PUN/2022 PAN : AABCB8381P AY: 2015-16 ITAT-Pune Page 3 of 4 the appellant submission, however it is prayed that, a liberty should be given to the Revenue to contest the present appeal at any subsequent stage for the reasons stipulated in the foresaid circular by filing a Miscellaneous Application [for short “MA”] before the Tribunal to revive this appeal for an order of recalling. 3. Undisputedly the tax effect in the present appeal filed by the Revenue is below ₹50 Lakhs and mindful to para 13 of the CBDT Circular No. 3/2018 r.w.c. 17/2019, we are inclined to dismiss this appeal due to “LTE”, without going into the merits of the case. While disposing so, we are granting a liberty to the appellant revenue to revive the same by filing MA for recalling of this order at any stage to agitate the matter/issue set forth in the present appeal in accordance with the clauses as are contained in the respective circulars of the CBDT, ergo we order accordingly. In view of our order dismissing the appeal of revenue on LTE, the CO filed by the assessee becomes infructuous. M/s Green Tokri Farms Pvt. Ltd. ITA No.188/PUN/2020 & CO No.38/PUN/2022 PAN : AABCB8381P AY: 2015-16 ITAT-Pune Page 4 of 4 4. Resultantly, the appeal of the Revenue and Cross Objection of the assessee are dismissed, with no order as to cost. In terms of rule 34 of ITAT Rules, the order pronounced in the open court on this Tuesday 11 th day of October, 2022. -S/d- -S/d- -S/d- SS VISHWANETHRA RAVI G. D. PADMAHSHALI JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / PUNE ; दिन ांक / Dated : 11 th day of October, 2022. आदेश की प्रधिधलधप अग्रेधिि / Copy of the Order forwarded to : 1.अपील र्थी / The Appellant. 2. प्रत्यर्थी / The Respondent. 3. The Pr. CIT-, Pune (MH-India) 4. The CIT(A)-1, Pune (MH.-India) 5. DR, ITAT, Pune Bench ‘A’, Pune 6. ग र्डफ़ इल / Guard File. आिेश नुस र / BY RDER, वररष्ठ दनजी सदिव / Sr. Private Secretary आयकर अपीलीय न्य य दिकरण, पुणे / ITAT, Pune.