ASST CIT 19(2), MUMBAI V. LIVINGSTONES, MUMBAI

ITA 1302/MUM/2015

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 4413 (ITAT-MUMBAI)
• Duration Of Justice: 10 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-01-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Assessment Year: 2009-2010
• Appeal Filed On: 05-03-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: N SATHYA MOORTHY SR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL K, BENC H MUMBAI BEFORE SHRI PRAMOD KUMAR, AM & SHRI PAWAN SIN GH, JM IT(TP)A NO.1302/MUM /2015 (ASSESSMENT YEAR : 2009-10) ACIT CIRCLE 19(2), MATRU MANDIR, ROOM NO. 207, MUMBAI-400007. VS. M/S LIVINGSTONES, 201, DHARAM PALACE, N. S. PATKAR MARG, MUMBAI-400007 PAN/GIR NO.: AA AFL0356L ( APPELLANT ) .. ( RESPONDENT ) REVENUE BY : SHRI N. SATHYA MOORTHY (SR.AR) ASSESSEE BY : SHRI ANUJ KISHNADWALA DATE OF HEARING : 04/01/2016 DATE OF PRONOUNCEMENT: 08/01/2016 O R D E R PER PAWAN SINGH, JM: THE ABOVE APPEAL IS FILED BY THE ASSESSING OFFICER (AO) RAISING VARIOUS GROUNDS OF APPEAL FOR THE ASSESSMENT YEARS MENTIONED ABOVE. THE TAX EFFECT INVOLVED IN THE ABOVE REFERRED CASE IS BELOW THE MONETARY LIMIT (RS . 10,00,000/-) PRESCRIBED BY THE CENTRAL BOARD OF DIRECTOR TAXES(CBDT), VIDE ITS CIR CULAR NO.21/2015(F.NO.142/2007- ITJ (PT.) DATED 10 TH DECEMBER, 2015. 2. SHRI ANUJ KISHNADWALA APPEARED ON BEHALF OF THE ASSESSEE. THE DEPARTMENTAL REPRESENTATIVE (DR) ON A QUERY BY THE BENCH FAIRLY CONCEDED THAT THE TAX EFFECT INVOLVED IN THE ABOVE CASE WAS LESS THAN RS. 10.00 LACS. CONSIDERING THESE FACTS, WE DISMISS THE APPEAL HOLDING THEM AS NOT MAINTAINABLE . 3. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 08/01 /2016. SD/- SD/- (PRAMOD KUMAR) (PAWAN SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI; DATED : 08/01/2016 SK, PS COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A), MUMBAI. 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE. ITA NO.1302/M/15 2 / BY ORDER, / ( ASSTT. REGISTRAR) , / ITAT, MUMBAI //TRUE COPY/