ITO 7(2)(4), MUMBAI V. SUVIDHI SILK HOUSE P.LTD, MUMBAI

ITA 1111/MUM/2013

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 8690 (ITAT-MUMBAI)
• Duration Of Justice: 3 year(s) 11 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-01-2017
• Appeal Filed By: Department
• Bench Allotted: E
• Next Hearing Date: 11-05-2016
• Assessment Year: 2007-2008
• Appeal Filed On: 08-02-2013
• Court: TRIBUNAL
• Department Lawyers: B S BIST
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL E BENCH, MUMBAI BEFORE SHRI B.R. BASKARAN (AM) & SHRI PAWAN SINGH (JM) I.T.A. NO. 1111 /MUM/20 13 (ASSESSMENT YEAR 20 07 - 08 ) ITO 7(2)(4) ROOM NO. 618 M.K. ROAD MUMBAI - 400 020. VS. M/S. SUVIDHI SILK HOUSE PVT. LTD. UNIT B - 8, ROOM NO. 3 SHRIRAM INDUSTRIAL ESTATE, C.C. AMBEDKAR, WADALA MUMBAI - 400 031. ( APPELLANT ) ( RESPONDENT ) PAN NO . AABCM0816A ASSESSEE BY MS. DINKLE HARIA DEPARTMENT BY S HRI B.S. BIST DATE OF HEARING 1 7 .1 . 201 7 DATE OF PRONOUNCEMENT 1 7 . 1 . 201 7 O R D E R PER B.R. BASKARAN (AM) : - THE APPEAL FILED BY THE REVENUE IS DIRECTED AGAINST THE ORDER DATED 21.11.2012 PASSED BY THE LEARNED CIT(A) - 9, MUMBAI AND IT RELATES TO A.Y. 2007 - 08. 2. AT THE TIME OF HEARING, LEARNED DEPARTMENTAL REPRESENTATIVE F AIRLY ADMITTED THAT AN AMOUNT IN DISPUTE IS ` 16,17,750/ - AND HENCE TAX EFFECT INVOLVED THEREIN IS LESS THAN ` 10 LAKHS AND ACCORDINGLY, THE REVENUE IS PRECLUDED FROM PURSUING THIS APPEAL BY THE BOARD VIDE ITS CIRCULAR NO. 21 OF 2015 DATED 10.12.2015 . 3. IN VIEW OF THE ABOVE, WE DISMISS THE APPEAL OF THE REVENUE IN LIMINE. 2 4. IN THE RESULT, APPEAL FILED BY THE REVENUE IS DISM I SSED. ORDER HAS BE EN PRONOUNCED IN THE COURT ON 17 . 1 .201 7. SD/ - SD/ - (PAWAN SINGH ) (B.R.BASKARAN) JUD ICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DATED : 1 7 / 1 / 20 1 7 COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A) 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. BY ORDER, //TRUE COPY// ( DY./ASSTT. REGISTRAR) PS ITAT, MUMBAI