Shri Sekhar Barman, Kolkata V. ITO, Ward - 45(2), Kolkata , Kolkata

CO 92/KOL/2018

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 0824 (ITAT-KOLKATA)
• Duration Of Justice: 3 month(s) 2 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 30-11-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2010-2011
• Appeal Filed On: 27-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A K SINHA
• Assessee Lawyers: SAURABH KUMAR CIT SRDR
• Keywords: Tax effect
• Section: 147

Judgement Text

, C , IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH C KOLKATA BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI, M. BALAGANESH, ACCOUNTANT MEMBER ITA NO. 1480 / KOL / 20 18 & C.O NO.92/KOL/2018 (A/O ITA NO.1480/KOL/2018) ASSESSMENT YEAR :2010-11 ITO WARD-45(2) 3, GOVT. PLACE (WEST), GR. FLOOR,KOLKATA- 700001 V/S . SEKHAR BARMAN 1/D BARMAN STREET, JORASANKO, KOLKATA- 700007 [ PAN NO. ADJPB 3391 F ] /APPELLANT .. / RESPONDENT / CO-OBJECTOR /BY APPELLANT SHRI SAURABH KUMAR, ADDL. CIT-SR-DR /BY RESPONDENT SHRI A.K. SINHA, ADVOCATE /DATE OF HEARING 12-11-2018 /DATE OF PRONOUNCEMENT 30-11-2018 / O R D E R PER S.S.GODARA, JUDICIAL MEMBER:- THIS REVENUES APPEAL AND ASSESSEES CROSS OBJECTIO N FOR ASSESSMENT YEAR 2010-11 ARISE FROM COMMISSIONER OF INCOME TAX (APPEALS)-13 KOLKATAS ORDER DATED 20.04.2018, PASSED IN CASE NO.183/CIT(A )-13/W-45(2)/KOL/2015- 16, IN PROCEEDINGS U/S. 147 OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT. 2. WE NOTICE AT THE OUTSET THAT THE REVENUES GROUN DS ARE VERY MUCH CLEAR IN ITS GROUNDS THAT NET TAX EFFECT INVOLVED IN THE INSTANT APPEAL IS ONLY 11.24 LAC. THE SAME IS THEREFORE FOUND TO BE LESS THAN 20 LAC AS PRESCRIBED IN THE CBDTS LATEST CIRCULAR NO. 3/2018 DATED 11.07.2018. WE DISMISS THE REVENUES INSTANT APPEAL ITA NO.1480/KOL/2018 FOR L OW TAX EFFECT THEREFORE. ITA NO.1480 & CO 92/KOL/2018 A. Y. 2010-11 ITO WD-45(2) KOL. VS. SEKHAR BARMAN PAGE 2 3. THE ASSESSEES CROSS OBJECTION NO.92/KOL/2018 DO ES NOT RAISE ANY SPECIFIC ISSUE. LEARNED COUNSEL IS VERY FAIR IN NOT PRESSING IN THE SAME DURING THE COURSE OF HEARING. THIS CROSS OBJECTION NO.92/K OL/2018 IS DISMISSED AS INFRUCTUOUS THEREFORE. 4. THIS REVENUES APPEAL ITA NO.1480/KOL/2018 IS DI SMISSED AND ASSESSEES CROSS OBJECTION IS DISMISSED AS INFRUCTU OUS. ORDER PRONOUNCED IN THE OPEN COURT 30/ 11/2018 SD/- SD/- ( &) (( &) (M.BALAGANESH) (S.S.GODARA) (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) KOLKATA, *DKP, SR.P.S )- 30 / 11 /201 8 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-ITO WARD-45(2), 3, GOVT. PLACE (WEST), G R.FL. KOLKATA-001 2. /RESPONDENT- SEKHAR BARMAN, 1/D BARMAN ST, JORASANK O, KOLKATA-007 3. 4 5 / CONCERNED CIT KOLKATA 4. 5- / CIT (A) KOLKATA 5. 8 ((4, 4, / DR, ITAT, KOLKATA 6. = / GUARD FILE. BY ORDER/ , /TRUE COPY/ / 4,