The ACIT, Circle-4, Baroda V. M/s. Ontime Infrasolutions Pvt.Ltd., Baroda

ITA 1349/AHD/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 0913 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 2 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-08-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 03-08-2016
• Assessment Year: 2009-2010
• Appeal Filed On: 09-05-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH (BEFORE SHRI R.P. TOLANI, JUDICIAL MEMBER & SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER) ITA. NO: 1349/AHD/2013 (ASSESSMENT YEAR: 2009-10) ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-4, BARODA V/S M/S. ONTIME INFRASOLUTION PVT. LTD. 9, PARISHRAM SOCIETY SUBHANPURA, BARODA (APPELLANT) (RESPONDENT) PAN: AACCB4934D APPELLANT BY : SHRI K. MADHUSUDAN, SR. D. R. RESPONDENT BY : SHRI PARIN SHAH, A.R. ( )/ ORDER DATE OF HEARING : 03 -08-201 6 DATE OF PRONOUNCEMENT : 05 -08-2016 PER N.K. BILLAIYA, ACCOUNTANT MEMBER: 1. THIS APPEAL BY THE REVENUE IS PREFERRED AGAINST THE ORDER OF THE LD. CIT(A)-III, BARODA DATED 20.02.2013 PERTAINING TO A .Y. 2009-10. ITA NO. 1349 /AHD/2013 . A.Y. 2009-10 2 2. THE ONLY GRIEVANCE OF THE REVENUE RELATES TO THE DE LETION OF THE ADDITION OF RS. 23,22,274/- MADE BY THE A.O. U/S. 4 1(1) OF THE ACT. 3. THE QUANTUM INVOLVED IN THIS GRIEVANCE OF THE REVEN UE ITSELF SHOWS THAT THE TAX EFFECT IS MUCH LESS THAN RS. 10 LACS. 4. THE CBDT VIDE A CIRCULAR NO. 21 OF 2015 DATED 10.12 .2015 HAS LAID DOWN THE MONETARY LIMITS FOR FILING THE APPEAL BEFO RE THE APPELLATE TRIBUNAL AND THE TAX EFFECT HAS BEEN FIXED AT RS. 1 0 LACS. 5. AS MENTIONED ELSEWHERE, SINCE THE TAX EFFECT IS LES S THAN RS. 10 LACS, THIS APPEAL BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 05 - 08- 2 016. SD/- SD/- (R.P. TOLANI) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD: TRUE COPY RAJESH COPY OF THE ORDER FORWARDED TO: - 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT (APPEALS) 4. THE CIT CONCERNED. 5. THE DR., ITAT, AHMEDABAD. 6. GUARD FILE. BY ORDER DEPUTY/ASSTT.REGISTRAR ITAT,AHME DABAD