DCIT Corporate Circle 1(1), CHENNAI V. Ananth Developers Ltd., CHENNAI

ITA 1205/CHNY/2018

• Counselvise Citation: [2018] 124 COUNSELVISE.COM (IT) 9996 (ITAT-CHENNAI)
• Duration Of Justice: 5 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-09-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 09-04-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R CLEMENT RAMESH KUMAR
• Assessee Lawyers: N DEVANATHAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, CHENNAI . . . , , ' # BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER ./ ITA NOS.1204, 1205 & 1206/CHNY/2018 & '& / ASSESSMENT YEARS : 2011-12, 2013-14 & 2014-15 THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE -1(1), CHENNAI - 600 034. V. M/S ANANTHI DEVELOPERS LTD., 57/5, STERLING ROAD, NUNGAMBAKKAM, CHENNAI - 600 034. PAN : AADCA 6638 C ()*/ APPELLANT) (+,)*/ RESPONDENT) )* - . / APPELLANT BY : SHRI R. CLEMENT RAMESH KUMAR, ADDL.CIT +,)* - . / RESPONDENT BY : SH. N. DEVANATHAN, ADVOCATE / - 0' / DATE OF HEARING : 18.09.2018 12' - 0' / DATE OF PRONOUNCEMENT : 18.09.2018 / O R D E R PER N.R.S. GANESAN, JUDICIAL MEMBER: THESE APPEALS OF THE REVENUE ARE DIRECTED AGAINS T THE COMMON ORDER PASSED BY THE COMMISSIONER OF INCOME T AX (APPEALS)-4, CHENNAI, DATED 27.12.2017 AND PERTAINI NG TO ASSESSMENT YEARS 2011-12, 2013-14 AND 2014-15. SIN CE COMMON 2 I.T.A. NOS.1204 TO 1206/CHNY/18 ISSUE ARISES FOR CONSIDERATION IN ALL THESE APPEALS , WE HEARD THESE APPEALS TOGETHER AND DISPOSING OF THE SAME BY THIS COMMON ORDER. 2. ON HEARING THE LD. DEPARTMENTAL REPRESENTATIVE, WE FIND THAT THE TAX EFFECT IN THIS CASE IS LESS THAN `2 0 LAKHS. THE CBDT IN ITS CIRCULAR NO.3/2018 DATED 11.07.2018 INSTRUCTED ITS OFFICERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WH ERE THE TAX EFFECT IS LESS THAN `2 0 LAKHS. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BINDING ON TH E OFFICERS OF THE DEPARTMENT. THEREFORE, THE REVENUE CANNOT PROCEED FURTHER IN THESE APPEALS. ACCORDINGLY, THESE APPEALS STAND DI SMISSED. 3. IN THE RESULT, ALL THE THREE APPEALS OF THE REVE NUE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT AFTER CONCLUSI ON OF HEARING ON 18 TH SEPTEMBER, 2018 AT CHENNAI. SD/- SD/- ( ) ( . . . ) (S. JAYARAMAN) (N.R.S. GANESAN) ' / ACCOUNTANT MEMBER /JUDICIAL MEMBER /CHENNAI, 4 /DATED, THE 18 TH SEPTEMBER, 2018. KRI. 3 I.T.A. NOS.1204 TO 1206/CHNY/18 - +056 76'0 /COPY TO: 1. )* /APPELLANT 2. +,)* /RESPONDENT 3. / 80 () /CIT(A)-4, CHENNAI-34 4. PRINCIPAL CIT, CHENNAI-1, CHENNAI 5. 69 +0 /DR 6. :& ; /GF.