Mothi Spinners Limited, Pallipalayam V. DCIT Circle 1, Namakkal

CO 88/CHNY/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 6446 (ITAT-CHENNAI)
• Duration Of Justice: 5 month(s) 29 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 10-01-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 12-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: B SAGADEVAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL , B BENCH, CHENNAI . . . , , BEFORE SHRI N.R.S.GANESAN, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER / ITA NO.1172/CHNY/2018 & C.O.NO.88/CHNY/2018 (IN ITA NO.1172/CHNY/2018) $$ /ASSESSMENT YEAR : 2013-14 THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, NAMAKKAL. VS M/S. MOTHI SPINNERS LIMITED, NO.100 , KUMARAPALAYAM ROAD, PALLIPALAYAMTK 638 006. PAN: AACCM2560Q ( /APPELLANT) ( /RESPONDENT / CROSS OBJECTOR) / APPELLANT BY : SHRI B.SAGADEVAN, JCIT /RESPONDENT BY : NONE /DATE OF HEARING : 10.01.2019 /DATE OF PRONOUNCEMENT : 10 .01.2019 / O R D E R PER N.R.S.GANESAN, JM: THE APPEAL OF THE REVENUE AND CROSS OBJECTION OF T HE ASSESSEE/RESPONDENT ARE DIRECTED AGAINST THE ORDE R OF THE COMMISSIONER OF INCOME-TAX (APPEALS), SALEM DATED 3 1.03.2018 AND PERTAIN TO ASSESSMENT YEAR 2013-14. 2. WHEN THE APPEAL WAS TAKEN UP FOR HEARING, SHRI B.SAGADEVAN, LEARNED DR SUBMITTED THAT TAX EFFECT IN APPEAL IS 2 ITA NO.1172/CHNY/2018 & CO NO.88/CHNY/2018 LESS THAN THE MONETARY LIMIT FIXED BY THE CBDT FOR FILING APPEAL BEFORE THIS TRIBUNAL. IN VIEW OF THE ABOVE, THE APP EAL FILED BY THE REVENUE IS NOT MAINTAINABLE AND THEREFORE THE SAME IS DISMISSED. 3. THE ASSESSEE HAS FILED CROSS OBJECTION ONLY TO S UPPORT OF THE ORDER OF COMMISSIONER OF INCOME-TAX (APPEALS) AND THEREFORE THE SAME IS ALSO DISMISSED. 4. IN THE RESULT, BOTH THE APPEAL OF THE REVENUE AN D THE CROSS OBJECTION OF THE ASSESSEE STAND DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 10 TH JANUARY, 2019 SD/- SD/- ( ) ( . . . ) ( INTURI RAMA RAO ) ( N.R.S.GANESAN) / ACCOUNTANT MEMBER / JUDICIAL MEMBER /CHENNAI, /DATED 10 TH JANUARY, 2019. SOMU /COPY TO: 1. APPELLANT 2. RESPONDENT 3. ( ) /CIT(A) 4. /CIT 5. /DR 6. /GF