DCIT, New Delhi V. M/s. KSS Safety Systems Pvt Ltd., Delhi

ITA 1295/DEL/2015

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 2246 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 8 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-12-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2005-2006
• Appeal Filed On: 05-03-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: V K CHADHA
• Assessee Lawyers: SUNIL KR TYAGI
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D, NEW DELHI !' !' !' !' %& %& %& %& ' ' ' ' ' ' ' ' BEFORE SH.G.S.PANNU, V.P. & MS. SUSHMA CHOWLA , J.M. / ITA NO.1295/DEL/2015 )%) )%) )%) )%) / ASSESSMENT YEAR: 2005-06 THE DCIT, CIRCLE-14(1), ROOM NO.317-B, C.R.BUILDING, NEW DELHI-110002. ......... *+ /APPELLANT VS KSS SAFETY SYSTEMS PVT.LTD. (KSS ABHISHEK SAFETY SYSTEM LTD.), 1, UNDER HILL LANE, CIVIL LANE, DELHI-110054. PAN-AAACA2837J . ,-*+ / RESPONDENT *+./ / APPELLANT BY : SH.V.K.CHADHA, SR.DR ,-*+./ / RESPONDENT BY : SH.SUNIL KR. TYAGI, CA .01 / DATE OF HEARING: 03.12.2019 23%.01 / DATE OF PRONOUNCEMENT: 03.12.2019 / ORDER PER SUSHMA CHOWLA, JM: THE APPEAL FILED BY REVENUE IS AGAI NST ORDER OF CIT(A)-V, NEW DELHI DATED 26.12.2014 RELATING TO AS SESSMENT YEAR 2005- 06. 2 ITA NO.1295/DEL/2015 ASSESSMENT Y EAR: 2005-06 2. HOWEVER, LD. DR FOR THE REVENUE POINTED OUT THAT THE PRESENT APPEAL IS TO BE WITHDRAWN AS THE TAX EFFECT INVOLVE D IN THE CASE IS BELOW RS.50 LACS. 3. THE CBDT VIDE CIRCULAR NO.17/2019 DATED 08.08.20 19 HAS REVISED THE MONETARY LIMIT FOR FILING THE APPEALS BEFORE TH E TRIBUNAL TO RS.50 LACS. FURTHER, CBDT VIDE LETTER DATED 20.08.2019 H AS ALSO CLARIFIED THAT CIRCULAR NO.17/2019 WOULD BE APPLICABLE TO ALL PEND ING APPEALS. IN SUCH CIRCUMSTANCES, THE PRESENT APPEAL FILED BY THE REVE NUE IN CASE OF LOW TAX EFFECT IS NOT MAINTAINABLE. 4. BEFORE PARTING, WE CLARIFY HERE THAT THE REVENUE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR RE-INSTITUTION OF APPE AL, IF THE REQUISITE MATERIAL IS BROUGHT TO SHOW THAT THE APPEAL IS PROT ECTED BY THE EXCEPTIONS PRESCRIBED IN PARA 10 OF THE CIRCULAR DA TED 11.07.2018. 5. IN CONCLUSION, BY APPLYING THE CBDT CIRCULAR DAT ED 08.08.2019 AND LETTER DATED 20.08.2019 (SUPRA), THE CAPTIONED APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN/NOT PRESSED. 6. IN THE RESULT, THE APPEAL OF REVENUE IS DISMISSE D. ORDER PRONOUNCED IN THE OPEN COURT ON 03 RD DAY OF DECEMBER, 2019. SD/- SD/- (G.S.PANNU) (SUSHMA CHOWL A) !' !' !' !' /VICE PRESIDENT ' ' ' ' /JUDICIAL MEMBER / DATED : 03 RD DECEMBER, 2019 . * AMIT KUMAR * 3 ITA NO.1295/DEL/2015 ASSESSMENT Y EAR: 2005-06 .,0565%07 COPY OF THE ORDER IS FORWARDED TO : 1. *+ / THE APPELLANT 2. ,-*+ / THE RESPONDENT 3. 8 9 : / THE CIT(A) 4. ; 8 / THE PR. CIT 5. 6. 5<=,0 / DR, ITAT, DELHI =)>7 GUARD FILE. / BY ORDER , -50,0 // TRUE COPY // @'A , ASSISTANT REGISTRAR, ITAT, DELHI