DCIT, CIR-10(1), KOLKATA, Kolkata V. M/s Rosewood Project (P) Ltd., Kolkata

ITA 1406/KOL/2015

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 1724 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 1 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-01-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 20-11-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S DASPGUPTA CIT SR DR RE
• Assessee Lawyers: MANOJ KATARUKA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA B BENCH, KOLKATA BEFORE SRI J. SUDHAKAR REDDY , ACCOUNTANT MEMBER & SRI S.S. VISWANETHRA RAVI , HONBLE JUDICIAL MEMBER I.T.A. NO. 1406 / KOL /201 5 ASSESSMENT YEAR: 20 11 - 12 D.C.I.T., CIRCLE - 10(1), KOLKATA.. . .APPELLANT P - 7, CHOWRINGHEE SQUARE 3 RD FLOOR KOLKATA 700 069 M/S. ROSEWOOD PROJECTS (P) LTD. . RESPONDENT 63/1 CHARU CHANDRA PLACE (EAST) KOLKATA 700 033 [PAN : AABCR 7243 Q ] APPEARANCES BY: SHRI MANOJ KATARUKA, ADVOCATE, APPEARED ON BEHALF OF THE ASSESSEE. SHRI S. DASPGUPTA , ADDL. CIT, SR. DR , APPEARING ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : JANUARY 19 TH , 2017 DATE OF PRONOUNCING THE ORDER : JANUARY 19 TH , 2017 O R D E R PER J. SUDHAKAR REDDY, AM : - THIS IS AN APPEAL FILED BY THE REVENUE DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 4 , KOLKATA , (HEREINAFTER THE LD. CIT(A)), DT. 15 / 09 /201 5 , PASSED U/S 250 OF THE INCOME TAX ACT, 1961 (HEREINAFTER THE ACT), RELATING TO ASSESSMENT YEAR 2012 - 13 . 2 . THIS APPEAL OF THE REVENUE IS TO BE DISMISSED AS NOT MAINTAINABLE IN VIEW OF THE CBDT CIRCULAR NO. 21/2015, DATED 10TH DECEMBER, 2015, AS THE TAX EFFECT IS ADMITTEDL Y BELOW RS. 10 LAKHS. 3 . IN THE RESULT THE APPEAL OF THE REVENUE IS DISMISSED. KOLKATA, THE 19 TH DAY OF JANUARY , 201 8 . SD/ - SD/ - [ S.S. VISWANETHRA RAVI ] [ J. SUDHAKAR REDDY ] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 19 .0 1 .201 8 {SC SPS} 2 I.T.A. NO. 1406/KOL/2015 ASSESSMENT YEAR: 2011 - 12 M/S. ROSEWOOD PROJECTS (P) LTD COPY OF THE ORDER FORWARDED TO: 1. D.C.I.T., CIRCLE - 10(1), KOLKATA P - 7, CHOWRINGHEE SQUARE 3 RD FLOOR KOLKATA 700 069 2. M/S. ROSEWOOD PROJECTS (P) LTD 63/1 CHARU CHANDRA PLACE (EAST) KOLKATA 700 033 KOLKATA - 700089 3. CIT(A) - 4. CIT - , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER SENIOR PRIVATE SECRETARY H EAD OF OFFICE/ D.D.O. ITAT, KOLKATA BENCHES