DCIT CORPORATE CIRCLE 4 (1), CHENNAI V. M/S MPL AUTOMOBILES AGENCY PVT LTD, CHENNAI

ITA 1111/CHNY/2018

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 1738 (ITAT-CHENNAI)
• Duration Of Justice: 7 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 02-04-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: CHENNAI . . . , . , $ BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ./ ITA NO.1111/CHNY/2018 % % /ASSESSMENT YEAR: 2011-12 THE DY. COMMISSIONER OF INCOME TAX CORPORATE CIRCLE-4(1), CHENNAI. VS. M/S.MPL AUTOMOBILES AGENCY- PVT. LTD., NO.20, THANIKACHALAM ROAD, T.NAGAR, CHENNAI-600 017. [PAN: AADCM 5879 M ] ( ( /APPELLANT) ( )*( /RESPONDENT) DEPARTMENT BY : MR.GURU BASHYAM, JCIT ASSESSEE BY : NONE , /DATE OF HEARING : 05.11.2018 , /DATE OF PRONOUNCEMENT : 05.11.2018 / O R D E R PER A. MOHAN ALANKAMONY , ACCOUNTANT MEMBER : THIS APPEAL OF THE REVENUE IS DIRECTED AGAINST AN ORDER DATED 19.01.2018 OF THE COMMISSIONER OF INCOME-TAX (APPEA LS)-8, CHENNAI. 2. LD. DEPARTMENTAL REPRESENTATIVE FAIRLY AGREED T HAT THE TAX EFFECT WAS LESS THAN RS.20,00,000/- AND BY VIRTUE OF PARA 13 OF CBDT CIRCULAR NO.3/2018, DATED 11.07.2018, PENDING APPEALS BELOW THE SPECIFIED TAX LIMIT HAD TO BE WITHDRAWN/NOT PRESSED. ITA NO.1111/CHNY/2018 :- 2 -: 3. NONE APPEARED ON BEHALF OF THE ASSESSEE. 4. WE HAVE CONSIDERED THE SUBMISSION OF THE LD. DEP ARTMENTAL REPRESENTATIVE. SINCE THE TAX EFFECT IN THIS APPEAL IS LESS THAN RS.20,00,000/-, APPEAL OF THE REVENUE CANNOT SURVI VE. 5. IN THE RESULT, THE APPEAL OF THE REVENUE STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT IN NOVEMBER 05, 2018, IN CHENNAI. SD/- SD/- ( . . . ) (N.R.S. GANESAN) /JUDICIAL MEMBER ( . ) ( A. MOHAN ALANKAMONY ) /ACCOUNTANT MEMBER /CHENNAI, 1 /DATED: NOVEMBER 05, 2018. TLN , )23 43 /COPY TO: 1. ( /APPELLANT 4. 5 /CIT 2. )*( /RESPONDENT 5. 3 ) /DR 3. 5 ( ) /CIT(A) 6. % /GF