Smt. Punitaben D. Dhami, Rajkot V. The ITO, TDS-2, Rajkot, Rajkot

CO 9/RJT/2022

AI Insights

The case involves an appeal by the Income Tax Officer (TDS-2, Rajkot) against Smt. Punitaben D. Dhani concerning the assessment year 2015-16. The appeal and a cross objection were filed against the order of the National Faceless Appeal Centre (NFAC), which arose from an assessment order passed under sections 201(1) and 201(1A) of the Income Tax Act, 1961. During the hearing, it was submitted that the appeal by the Revenue was affected by the CBDT Circular No. 17 of 2019, which revised the monetary thresholds for tax effects applicable to pending appeals. The tax effect in this case was below the revised threshold of Rs. 50 lakhs, leading to the dismissal of the Revenue's appeal. The assessee's cross objection was not pressed, resulting in its dismissal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 299809 (ITAT-RAJKOT)
• Duration Of Justice: 5 month(s) 18 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 17-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 10-04-2023
• Assessment Year: 2015-2016
• Appeal Filed On: 30-10-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “RAJKOT” BENCH, RAJKOT [Conducted through E-Court at Ahmedabad] BEFORE SMT.ANNAPURNA GUPTA, ACCOUNTANT MEMBER & Ms. MADHUMITA ROY, JUDICIAL MEMBER आयकर अपील सं./I. T. A. No. 229 /Rjt/202 2 & CROSS O BJECTI ON No. 09/Rjt/2022 ( नधा रण वष / A ss es sment Year : 2015-16) T h e I . T . O . TD S- 2, R aj k ot Sm t . P u n it a be n D ie n s hk u m a r Dh a mi C / o. D i gv ija y F ou n dr y, B e h in d K . R as ik la l, A j i V as ah at , R a jk ot - 3 6 0 00 3 बनाम/ Vs . & S m t . P un it a b e n D ie n sh k u ma r D h a m i C / o . Di g v ij a y F ou n dr y, B e hin d K . R as ik la l, Aj i V a s a h a t , R aj k o t - 3 60 00 3 T h e I . T . O. TD S- 2 , Ra j k o t था यी ले खा सं . / जी आ इ आ र सं. /P A N/ G I R N o . : A C A PD 9 2 7 6 D (अपीलाथ /Appellant) . . ( यथ / Respondent) Revenue by : Shri B. D. Gupta, Sr.D.R. Assessee by : Shri D. M. Rindani, A.R. स ु नवाई क तार ख / D a t e o f H e a r i ng 11/04/2023 घोषणा क तार ख /D a t e o f P ro n o u nc e me n t 18/04/2023 O R D E R ITA No.229/Rjt/2022 a/w. CO No. 09/Rjt/2022 (Smt. Punitaben D. Dhani) A. Y. 2015-16 - 2- PER Ms. MADHUMITA ROY - JM: Th e capt i on ed appeal an d cr oss obj ect i on h ave been f iled at t he i nst an ce o f t he Revenue and assessee agai n st t he o rd er of the Nat io nal Facel ess Appeal Cent r e ( NFAC) ’ i n sho rt) , dat ed 07.07. 2022 ar i sin g i n th e assessment or der d at ed 23.02. 201 1 passed b y t he I TO( T DS)- 2, Raj kot under s. 2 01(1) /201 (1 A) of t h e In co me Tax Act , 1 961 ( t he Act ) con cerni ng AY 2 015 -16. 2. Th e gr i ev ances, in Rev enue’s appeal an d assessee’s Cr oss Obj ect i on, rai sed bei ng co mmon, bot h t he cases wer e hear d together and di sposed o f b y t he co mmo n or der. 3. At t he t i me of hea r i ng, i t was sub mi tt ed b y t he Ld. AR f or t he assessee t hat t he app eal fi l ed b y t he Revenue i s hit b y r ecent l y issued CBDT Ci r cu lar No.1 7 of 2019 d at ed 0 8/ 08/2019 r evi si n g t he pr evio us th resh ol ds per t ain ing to t ax ef f ect s. I t i s i nt er a l ia not i ced th at t he CBDT v ide I nst ruct ion No. F. No. 279 /M i sc/M - 93/ 20 18- I TJ dt . 20/0 8/ 201 9 has obser ved t hat Cir cul ar No. 17/2019 dat ed 08/08 /2019 r el ating to enhance me nt of monet ar y l i mit s i s also app li cabl e t o al l p end ing appeal s. As per af or esai d Cir cul ar r ead wi t h i nst r ucti on , al l p end ing ap peal s f i l ed b y Reven ue are l i abl e to be d i smi ssed as a measu r e f or r ed uci n g l i ti gati on wher e t he t ax ef f ect do es not exceed t he pr escr i bed monet ar y l i mit wh i ch i s no w revi sed at Rs. 50 Lakhs. I n th e i n st ant case, t he tax eff ect on t he di sput ed i ssu es raised b y t he Reven ue i s st at ed to be not exceeding Rs. 50 l akhs and ther efo re appeal of t h e Reven ue i s req ui r ed t o be di smi ssed i n li mi ne. ITA No.229/Rjt/2022 a/w. CO No. 09/Rjt/2022 (Smt. Punitaben D. Dhani) A. Y. 2015-16 - 3- 4. Th e Lear ned DR f or t he Revenue fai r l y ad mi t t ed the app li cabi lit y of t he CBDT Ci r cul ar No. 17 of 2019 . Acco rd i ngl y, app eal o f t h e Rev enu e i s d i smi ssed as not mai nt ai nab l e. However, i t wi l l b e open t o th e Reven ue t o seek r est or at ion o f i t s app eal on sho wi n g i nappli cabi li t y of t he afo resai d CBDT Ci r cul ar in an y man ner . 5. In t he r esul t, t h e appeal of t he Revenue i s d is missed. 6. Th e Ld. AR f or the assessee at t he t ime of h ear i ng st ated t hat assessee do es not want t o p ress t h e cro ss ob j ect i on. Th e Cr oss Obj ect i on i s accor di ngl y di s mi ssed as not pr essed. 7. In th e co mb i ned resu l t, th e appeal of t he Revenue i s di smi ssed, wher eas assess ee’s Cro ss Ob j ectio n i s di smi ssed as not pr essed. This Order pronounced on 18/04/2023 Sd/- Sd/- (ANNAPURNA GUPTA) (MADHUMITA ROY) ACCOUNTANT MEMBER JUDICIAL MEMBER Ahmedabad; Dated 18/04/2023 S. K. SINHA True Copy आदेश क त ल प अ े षत/Copy of the Order forwarded to : 1. अपीलाथ / The Appellant 2. यथ / The Respondent. 3. संबं$धत आयकर आय ु &त / Concerned CIT 4. आयकर आय ु &त(अपील) / The CIT(A)- 5. )वभागीय ,त,न$ध, आयकर अपील य अ$धकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड2 फाईल / Guard file. By order/आदेश से, D e p u t y / A s s t t . R e g i s t r a r I T A T , R a j k o t