DCIT, Circle, Yamunanagar V. M/s Yamuna Power & Infrastructure Ltd., Jagadhri

ITA 1274/CHANDI/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 0933 (ITAT-CHANDIGARH)
• Duration Of Justice: 8 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-05-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 20-09-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

ITA NO.1274-CHD-2019 M/S YAMUNA POWER & INFRASTRUCTURE LIMITED, JAGADHRI . 2 IT HAS BEEN FURTHER CLARIFIED BY THE CBDT VIDE F.NO . 279/MISC./ITJ DATED 20.08.2019 THAT THE REVISED MONETARY LIMIT ME NTIONED IN CIRCULAR NO. 17 OF 2019 IS APPLICABLE TO ALL THE PENDING SLPS/ A PPEALS/ CROSS-OBJECTIONS / REFERENCES AND THAT ALL SUCH PENDING APPEALS WITHI N THE REVISED LIMIT SHALL BE WITHDRAWN BY THE DEPARTMENT ON OR BEFORE 31.10.2019 . 4. IN VIEW OF THE AFORESAID DISCUSSION, THE PRESENT APPEAL FILED BY THE DEPARTMENT IS DISMISSED DUE TO LOW TAX EFFECT. IT IS, HOWEVER, CLARIFIED THAT THE DISMISSAL OF THE ABOVE APPEAL SH ALL NOT BE TAKEN TO BE AFFIRMATION OF THE ORDER OF THE CIT(A) ON MERITS. T HE LEGAL ISSUE RAISED BY THE REVENUE IS BEING LEFT OPEN TO BE ADJUDICATED IN AN APPROPRIATE CASE. IN THE RESULT, THE APPEAL OF THE REVENUE STANDS DIS MISSED. ORDER PRONOUNCED ON 28.05.2020 SD/- SD/- ( . . / N.K. SAINI) ( / SANJAY GARG) / VICE PRESIDENT / JUDICIAL MEMBER DATED : 28.05.2020 .. / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. / CIT 4. ( )/ THE CIT(A) 5. , ! ' , #$%& / DR, ITAT, CHANDIGARH 6. %'() / GUARD FILE * / BY ORDER, *+,- / ASSISTANT REGISTRAR