ITO, Ward - 15(1), Kolkata , Kolkata V. M/s. Manish Company Ltd., , Kolkata

ITA 12/KOL/2018

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 1188 (ITAT-KOLKATA)
• Duration Of Justice: 10 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 02-01-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: C J SINGH
• Assessee Lawyers: D S DAMLE LD
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH 'D, KOLKATA BEFORE SH. J.SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SH. S.S.VISWANETHRA RAVI, JUDICIAL MEMBER ITA NO.12/KOL/2018 [ASSESSMENT YEAR: 2011-12] APPELLANT BY SH. C.J.SINGH, SR.DR RESPONDENT BY SH. D.S.DAMLE, LD.AR DATE OF HEARING 26.11.2018 DATE OF PRONOUNCEMENT 26.11.2018 ORDER PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER THIS APPEAL FILED BY THE REVENUE AGAINST THE ORDER DATED 27.10.2017 PASSED BY CIT(A)-3, KOLKATA FOR AY 2011-12. 2. IN THE RELEVANT APPEAL, THE UNDISPUTED FACT IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F.NO.0279/MISC.142/2007-ITJ(PT), DATED 11 TH JULY, 2018. 3. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO.3/2018, THE APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN. ITO, WARD-15(1), AAYAKAR BHAWAN, POORVA, 110, SHANTI PALLY, KOLKATA-700107. VS M/S. MANISH COMPANY LTD., 130, COTTON STREET, KOLKATA-700007. PAN-AABCM8092J (APPELLANT) (RESPONDENT) ITA NO.12/KOL/2018 [ASSESSMENT YEAR: 2011-12] 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 26.11.2018. SD/- SD/- (J.SUDHAKAR REDDY) (S.S.VISWANETHRA RAVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATE:- 26.11.2018 *AMIT KUMAR* COPY FORWARDED TO: 1. APPELLANT- ITO, WARD-15(1), AAYAKAR BHAWAN, POORVA, 110, SHANTI PALLY, KOLKATA-700107. 2. RESPONDENT- M/S. MANISH COMPANY LTD., 130, COTTON STREET, KOLKATA-700007. 3. CIT-KOLKATA 4. CIT(APPEALS)-KOLKATA 5. DR: ITAT -KOLKATA BENCHES AR/H.O.O ITAT, KOLKATA 2