Shri Dushyant Krishnakant Shah, Vadodara V. The DCIT, Central Circle-3, Vadodara

CO 87/AHD/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 0278 (ITAT-AHMEDABAD)
• Duration Of Justice: 11 month(s) 26 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 22-06-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 26-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIDYUT TRIVEDI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, AHMEDABAD BEFORE SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER& MS. MADHUMITA ROY, JUDICIAL MEMBER [CONDUCTED THROUGH VIRTUAL COURT] C.O. NO. 87/AHD/2019 (ARISING OUT OF ITA NO. 723/AHD/2019) (ASSESSMENT YEAR: 2014-15) DUSHYANT KRISHNAKANT SHAH 1, GREEN WOODS BUNGLOWS, GOTRI ROAD, NEAR ZYDEX INDUSTRIES, VADODARA VS. DCIT CENTRAL CIRCLE-3 6 TH FLOOR, AAYKAR BHAWAN RACE COURSE, VADODARA [PAN NO. AGTPS9437Q] ( APPELLANT ) .. ( RESPONDENT ) APPELLANT BY : NONE RESPONDENT BY : SHRI VIDYUT TRIVEDI, SR. DR DATE OF HEARING 04.06.2020 DATE OF PRONOUNCEMENT 22.06.2020 O R D E R PER MS. MADHUMITA ROY - JM: THE INSTANT CROSS OBJECTION FILED BY THE ASSESSEE I S DIRECTED AGAINST THE ORDER DATED 10.01.2018 PASSED BY THE COMMISSION ER OF INCOME TAX (APPEALS) 12, AHMEDABAD ARISING OUT OF THE ORDER DATED 29.06.2016 PASSED BY THE ACIT, CENTRAL CIRCLE-3, VADODARA UNDE R SECTION 271AAB OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED AS T O THE ACT) FOR ASSESSMENT YEAR 2014-15. 2. IT APPEARS THAT THE ITA NO. 723/AHD/2018FOR THE A.Y. 2014-15 CHALLENGING THE ORDER PASSED BY THE LD. CIT(A) REDU CING THE PENALTY UNDER SECTION 271AAB(1)(C) OF THE INCOME TAX ACT, IN RELA TION TO THE CROSS OBJECTION HAS ALREADY BEEN DISMISSED DUE TO LOW TAX EFFECT. HENCE, THE CO NO.87/AHD/2019 DUSHYANT KRISHNAKANT SHAH VS. DCIT ASST.YEAR 2014-15 - 2 - CROSS OBJECTION BECOME INFRUCTUOUS. THE CROSS OBJ ECTION IS THUS DISMISSED AS INFRUCTUOUS. 3. IN THE RESULT, THE CROSS OBJECTION IS DISMISSED AS INFRUCTUOUS. THIS ORDER PRONOUNCED IN OPEN COURT ON 22/06/2020 SD/- SD/- (PRADIP KUMAR KEDIA) (MS. MADHUMITA ROY) ACCOUNTANT MEMBER JUDICIAL MEMBER AHMEDABAD; DATED 22/06/2020 TANMAY, SR. PS TRUE COPY / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. / CONCERNED CIT 4. ( ) / THE CIT(A)- 5. , ! ' , #$%% / DR, ITAT, AHMEDABAD 6. &' () / GUARD FILE. / BY ORDER, / (DY./ASSTT. REGISTRAR) !, #$ / ITAT, AHMEDABAD 1. DATE OF DICTATION 04.06.2020 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 04.06.2020 3. OTHER MEMBER 4. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.P. S./P.S .06.2020 5. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE D ICTATING MEMBER FOR PRONOUNCEMENT .06.2020 6. DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR.P .S./P.S 22.06.2020 7. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 23 .06.2020 8. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK ... 9. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER.. 10. DATE OF DESPATCH OF THE ORDER