DCIT Corporate Circle 2(1), CHENNAI V. Grasslands Agro Pvt Ltd., CHENNAI

ITA 1370/CHNY/2018

• Counselvise Citation: [2018] 122 COUNSELVISE.COM (IT) 4195 (ITAT-CHENNAI)
• Duration Of Justice: 5 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-10-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 24-04-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: DR S PANDIAN IRS
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, B BENCH : CHENNAI . , !' # $! # % . &' , ) + , [BEFORE SHRI ABRAHAM P. GEORGE, ACCOUNTANT MEMBE R AND SHRI DUVVURU RL REDDY , JUDICIAL MEMBER ] ./I.T.A. NO.1370/CHNY/2018. / ASSESSMENT YEAR : 2013-2014. THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 2(1) CHENNAI. VS. M/S. GRASSLANDS AGRO PVT. LTD, NO.34, THIRUMALAI ROAD, T. NAGAR, CHENNAI 600 017. [PAN AADCG 7768F] ( -. / APPELLANT) ( /0-. /RESPONDENT) / APPELLANT BY : DR. S. PANDIAN, IRS, JCIT. /RESPONDENT BY : NONE /DATE OF HEARING : 03-10-2018 ! /DATE OF PRONOUNCEMENT : 03-10-2018 1 / O R D E R PER ABRAHAM P. GEORGE, ACCOUNTANT MEMBER THIS APPEAL OF THE REVENUE IS DIRECTED AGAINST AN ORDER DATED 08.01.2018 OF LD. COMMISSIONER OF INCOME-TAX (APPEALS)-13, CHENNAI. 2. LD. DEPARTMENTAL REPRESENTATIVE FAIRLY AGREED THAT THE TAX EFFECT WAS LESS THAN >20,00,000/- AND BY VIRTUE OF PARA 13 OF CBDT ITA NO.1370 /2018 :- 2 -: CIRCULAR NO.3/2018, DATED 11.07.2018, PENDING APPEA LS BELOW THE SPECIFIED TAX LIMIT HAD TO BE WITHDRAWN/NOT PRESSED . 3. NONE APPEARED ON BEHALF OF THE ASSESSEE. 4. WE HAVE CONSIDERED THE SUBMISSION OF THE LD. DEPART MENTAL REPRESENTATIVE. SINCE THE TAX EFFECT IN THIS APPEAL IS LESS THAN >20,00,000/-, APPEAL OF THE REVENUE CANNOT SURVIVE . 5. IN THE RESULT, THE APPEAL OF THE REVENUE STANDS DIS MISSED . ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF H EARING ON WEDNESDAY, THE 3 RD DAY OF OCTOBER, 2018, AT CHENNAI. SD/- SD/- ( # $! # % . &' ) ( DUVVURU RL REDDY ) ) / JUDICIAL MEMBER ( . ) (ABRAHAM P. GEORGE) / ACCOUNTANT MEMBER '# / CHENNAI $% / DATED:3 RD OCTOBER, 2018. KV %& '()( / COPY TO: 1 . / APPELLANT 3. *+, / CIT(A) 5. (-. / / DR 2. / RESPONDENT 4. * / CIT 6. .01 / GF ITA NO.1370 /2018 :- 3 -: