Appeal details
Counselvise Citation
[2024] 139 COUNSELVISE.COM (IT) 8971 (ITAT-CHANDIGARH)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
8 month(s) 13 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
21-10-2024
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
B
Next Hearing Date
21-10-2024
Assessment Year
2017-2018
Appeal Filed On
07-02-2024
Judgement Text
" आयकर अपीलȣय अͬधकरण,चÖडीगढ़ Ûयायपीठ , चÖडीगढ़ \nIN THE INCOME TAX APPELLATE TRIBUNAL, \nCHANDIGARH BENCH ‘B’, CHANDIGARH \n \nBEFORE SHRI A.D. JAIN, VICE PRESIDENT AND \nSHRI KRINWANT SAHAY, ACCOUNTANT MEMBER \n \n आयकर अपील सं./ ITA No. 391 /CHD/2019 \n Ǔनधा[रण वष[ / A.Ys. 2012-13 \nThe DCIT, \nCircle 1 (1), \nChandigarh \n \nबनाम \nVS \nM/s Orbit Resorts Pvt. Ltd., \nH. No. 256, Sector 9-C, \nChandigarh \n èथायी लेखा सं./PAN /TAN No: AAACO4024H \n \nअपीलाथȸ/Appellant \n \nĤ×यथȸ/Respondent \n \nǓनधा[ǐरती कȧ ओर से/Assessee by : Shri Ashwani Kumar, CA \nराजèव कȧ ओर से/ Revenue by : Smt. Kusum Bansal, CIT DR \n \n \n \n \n \n \n& \n \n आयकर अपील सं./ ITA No. 1013 /CHD/2019 \n Ǔनधा[रण वष[ / A.Ys. 2014-15 \n \nThe DCIT, \nCircle 1 (1), \nChandigarh \n \nबनाम \nVS \nM/s Orbit Resorts Pvt. Ltd., \nH. No. 256, Sector 9-C, \nChandigarh \n èथायी लेखा सं./PAN /TAN No: AAACO4024H \n \nअपीलाथȸ/Appellant \n \nĤ×यथȸ/Respondent \n \nHYBRID HEARING \n \nǓनधा[ǐरती कȧ ओर से/Assessee by : Shri Ashwani Kumar, CA \nराजèव कȧ ओर से/ Revenue by : Shri Dharamvir, JCIT, Sr. DR \n \nतारȣख/Date of Hearing : 21.10.2024 \n उदघोषणा कȧ तारȣख/Date of Pronouncement : 21.10.2024 \n \n \n \n\n391 & 1013/CHD/2019- \nM/s Orbit Resorts Pvt. Ltd, Chandigarh \n \n2 \n \n आदेश/ORDER \n \nPer Krinwant Sahay, A.M.: \n \nBoth these appeals are filed by the Revenue against the \nseparate orders of the ld. Commissioner of Income Tax \n(Appeals)-1, Chandigarh dated 11.01.2019 and 03.04.2019 \nrespectively \nITA No. 391/CHD/2019 \n2. \nIt is noted that the tax effect involved in the present \nappeal is Rs.21,33,305/-. Accordingly, in terms of the CBDT \nCircular \nNo.09/2024 \ndated \n17.09.2024, \nwherein \nthe \nDepartment has specified the monetary limit for an appeal to \nbe filed by the Revenue before the ITAT as Rs. 60 lacs, the \nappeal so filed by the Revenue is not maintainable. \n3. \nIn view of the above facts and circumstances, the \npresent appeal filed by the Department is dismissed due to \nlow tax effect with a liberty to seek recall in case the matter \nfalls under any of the exceptions so carved out in the \naforesaid circular. \n4. \nIt is, however, clarified that the dismissal of the above \nappeal shall not be taken to be affirmation of the order of the \n\n391 & 1013/CHD/2019- \nM/s Orbit Resorts Pvt. Ltd, Chandigarh \n \n3 \n \nCIT(A) on merits. The legal issue raised by the Revenue is \nbeing left open to be adjudicated in an appropriate case. \n5. \nIn the result the appeal of the Revenue is dismissed. \nITA No.1013/Chd/2019 \n6. \nSimilarly, \nthe \ntax \neffect \ninvolved \nin \nITA \nNo. \n1013/CHD/2019 is Rs.49,43,025/-. Therefore, in terms of \nthe CBDT Circular dated 17.09.2024 wherein the Department \nhas specified the monetary limit for an appeal to be filed by \nthe Revenue before the ITAT as Rs.60 lacs, the appeal so \nfiled by the Revenue is not maintainable and is, accordingly, \ndismissed. \n7. \nIn the result, both appeals filed by the Revenue stand \ndismissed. \n \nOrder pronounced on 21.10.2024. \n \n \n \nSd/- \n \n \n \n \n \nSd/- \n ( A. D. JAIN ) \n \n \n \n ( KRINWANT SAHAY) \n \nVice President \n \n \n \n \nAccountant Member \n“आर.क\nे.” \nआदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of the order forwarded to : \n1. अपीलाथȸ/ The Appellant \n2. Ĥ×यथȸ/ The Respondent \n3. आयकर आयुÈत/ CIT \n\n391 & 1013/CHD/2019- \nM/s Orbit Resorts Pvt. Ltd, Chandigarh \n \n4 \n \n4. ͪवभागीय ĤǓतǓनͬध, आयकर अपीलȣय आͬधकरण, चÖडीगढ़/ DR, ITAT, \nCHANDIGARH \n5. गाड[ फाईल/ Guard File \nआदेशानुसार/ By order, \nसहायक पंजीकार/ Assistant Registrar \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n"
Mehul