DCIT, New Delhi V. M/s. I.G. Builders & Promoters (P) Ltd, New Delhi

ITA 1406/DEL/2009

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 6493 (ITAT-DELHI)
• Duration Of Justice: 6 year(s) 11 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-03-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 15-03-2016
• Assessment Year: 2004-2005
• Appeal Filed On: 09-04-2009
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A K SAROHA
• Assessee Lawyers: VINOD AGGARWAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C , NEW DELHI BEFORE SHRI H.S.SIDHU, JUDICIAL MEMBER AND SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER ITA NO. 1404 /DEL/20 09 ITA NO. 1406/DEL/2009 AY: 20 0 2 - 03 AND 2004 - 05 DCIT, CIRCLE 1 1 (1) VS. I.G.BUILDERS & PROMOTERS PVT.LTD. NEW DELHI C 581, DEFENCE COLONY NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. A.K.SAROHA, CIT, D.R. RESPONDENT BY : SH. VINOD AGGARWAL, C.A. ORDER PER J. SUDHAKAR REDDY, ACCOUNTANT MEMBER TH ESE ARE APPEAL S FILED BY THE REVENUE . ADMITTEDLY THE TAX EFFECT IN BOTH THESE APPEALS BY THE REVENUE IS LESS THAN RS.10 LAKHS. 1.1. IN TERMS OF CBDT CIRCULAR NO.21/2015 DATED 10 TH DECEMBER,2015, F. NO. 279/MISC./142/ 2007 - ITJ(PT.) READ WITH S.268 A OF THE INCOME TAX ACT 1961, TH ESE APPEAL S BY THE REVENUE SHOULD HAVE BEEN WITHDRAWN OR SHOULD NOT BE PRESSED BY THE REVENUE. 2. IN VIEW OF THE ABOVE TH ESE APPEAL S BY THE REVENUE ARE DISMISSED IN LIMINI. 3 . IN THE RESULT REVENUE S APPEAL S ARE DISMISSED IN LIMINI. ORDER PRONOUNCED IN THE OPEN COURT ON 17TH MARCH, 2016 . SD/ - SD/ - ( H.S. SIDHU ) (J. SUDHAKAR REDDY) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: THE 17 TH MARCH, 2016 M ANGA 2 COPY FORWARDED TO: - 1 . APPELLANT 2 . RESPONDENT 3 . CIT 4 . CIT(A) 5 . DR, ITAT - TRUE COPY - BY ORDER, ASSISTANT REGISTRAR