DCIT, Circle - 3(1), Kolkata, Kolkata V. M/s. The Tinplate Company of India Limited , Kolkata

ITA 1034/KOL/2018

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 4045 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 3 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-08-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 16-05-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SANDEEP LAKRA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA B BENCH, KOLKATA [BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER] I.T.A. NO. 1034/KOL/2018 ASSESSMENT YEAR: 2011-12 & I.T.A. NO. 1035/KOL/2018 ASSESSMENT YEAR: 2012-13 DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1), KOLKATA..............APPELLANT VS. M/S. THE TINPLATE COMPANY OF INDIA LTD...RESPONDENT 4, BANKSHALL STREET KOLKATA 700 001 [PAN : AABCT 0129 P] APPEARANCES BY: SHRI SANDEEP LAKRA, JCIT, D/R, APPEARING ON BEHALF OF THE REVENUE MS. PUJA JAIN, CHARTERED ACCOUNTANT, APPEARED ON BEHALF OF THE ASSESSEE. DATE OF CONCLUDING THE HEARING : AUGUST 22 ND , 2018 DATE OF PRONOUNCING THE ORDER : AUGUST 23 RD , 2019 O R D E R PER J. SUDHAKAR REDDY :- ADMITTEDLY THE TAX EFFECT IN THESE REVENUE APPEALS ARE LESS THAN RS.50,00,000/-, WE DISMISS THE SAME AS WITHDRAWN IN VIEW OF CIRCULAR NO. 17/2019, DT. 08/08/2019 VIDE F. NO. 279/ MISC. 142/2007-ITJ(PT.) WHICH MODIFIED CIRCULAR NO. 3 OF 2018 DT. 11/07/2018. THE CBDT IN ITS CIRCULAR F. NO. 279/MISC./M-93/2018-ITJ, DT. 20/08/2019, HAS CLARIFIED THAT THE REVISED MONETARY LIMITS, SO MENTIONED IN CIRCULAR NO. 17/2019 IS APPLICABLE TO ALL PENDING APPEALS. 2. IN THE RESULT, BOTH THE APPEALS OF THE REVENUE ARE DISMISSED. KOLKATA, THE 23 RD DAY OF AUGUST, 2019. SD/- SD/- [S.S. VISWANETHRA RAVI] [J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 23.08.2019 {SC SPS} 2 I.T.A. NO. 1034/KOL/2018 ASSESSMENT YEAR: 2011-12 & I.T.A. NO. 1035/KOL/2018 ASSESSMENT YEAR: 2012-13 M/S. THE TINPLATE COMPANY OF INDIA LTD. COPY OF THE ORDER FORWARDED TO: 1. M/S. THE TINPLATE COMPANY OF INDIA LTD 4, BANKSHALL STREET KOLKATA 700 001 2. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1), KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES