A.C.I.T.,Circle-36, Kolkata V. M/s Rohit & Co., Kolkata

ITA 1426/KOL/2019

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 0003 (ITAT-KOLKATA)
• Duration Of Justice: 6 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-12-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 11-06-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RANU BISWAS
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH B KOLKATA BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND DR. A.L. SAINI, ACCOUNTANT MEMBER ITA NO. 1426 & 1428 / KOL / 2019 ASSESSMENT YEARS :2010-11 & 2012-13 ACIT, CIRCLE-36, ROOM NO. 806, 8 TH FLOOR, AYAKAR BHAWAN, POORVA, 110, SHANTI PALLY, KOLKATA-107 V/S . M/S ROHIT & CO. 22, STRAND ROAD, 1 ST FLOOR, KOLKATA-700 001 [ PAN NO.AADFR 3190 D ] /APPELLANT .. / RESPONDENT /BY ASSESSEE NONE /BY REVENUE SMT. RANU BISWAS, ADDL. CIT-DR /DATE OF HEARING 17-12-2019 /DATE OF PRONOUNCEMENT 17-12-2019 / O R D E R PER S.S.GODARA, JUDICIAL MEMBER:- THESE TWO REVENUES APPEAL(S) FOR ASSESSMENT YEAR( S) 2010-11 & 2012-13 ARISE AGAINST THE COMMISSIONER OF INCOME TA X (APPEALS)-20 KOLKATAS SEPARATE ORDER DATED 31.01.2019 PASSED IN CASE NOS. 20/CIT(A)- 10/CIR-36/10-11/2013-14/KOL, 124/CIT(A)-10/R 36/201 2-13/2015-16/KOL, INVOLVING PROCEEDINGS U/S 143(3) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT. CASES CALLED TWICE. NONE APPEARS AT THE ASSESSEES BEHEST. HEARD LEARNED DEPARTMENTAL REPRESENTATIVE. IT IS ACCORDIN GLY PROCEEDED EX PARTE . CASE FILE(S) PERUSED. 2. FOR THE REASON STATED IN REVENUES CONDONATION P ETITION(S) DATED 04.06.2019 EXPLAINING FIFTY NINE DAYS DELAY IN FIL ING. WE CONDONE THE ITA NOS. 1426 & 1428/KOL/2019 A.YS. 10-11 & 12 -113 ACIT, CIR-36,KOL. VS. M/S ROHIT & CO. PAGE 2 IMPUGNED DELAY IN FILING AS NEITHER INTENTIONAL NOR DELIBERATE BUT ON ACCOUNT OF CIRCUMSTANCES BEYOND REVENUES CONTROL. THE REVENUE S MAIN CASE(S) ARE TAKEN UP FOR ADJUDICATION ON MERITS. 3. IT TRANSPIRES DURING THE COURSE OF HEARING THAT NET TAX INVOLVED IN THE INSTANT APPEAL(S) OF IDENTICAL AMOUNT 1,05,60,000 EACH ONLY I.E., LESS THAN THE PRESCRIBED THRESHOLD LIMIT OF 50 LAC IN CBDTS LATEST CIRCULAR NO.17/2019 DATED 08.08.2019 . WE THEREFORE DECLINE INSTANT APPEAL(S) FOR THIS P RECISE REASON. IT IS MADE CLEAR THAT IN CASE THE ABOVE COM PUTATIONS OF TAX EFFECT SUFFERS FROM ANY IRREGULARITY, IT SHALL BE VERY MUC H OPEN FOR THE ASSESSING OFFICER TO SEEK NECESSARY RECTIFICATION AS PER LAW. 4. THE REVENUES TWO APPEAL(S) ARE DISMISSED INI AB OVE TERMS. ORDER PRONOUNCED IN THE COURT AT THE CLOSE OF HEARI NG ON TUESDAY, 17 TH DECEMBER, 2019 SD/- SD/- ( ) () ) ( A.L.SAINI) (S.S.GODARA) (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) KOLKATA, *DKP *- 17 / 12 /201 9 / COPY OF ORDER FORWARDED TO:- 1. /ASSESSEE-M/S ROHIT & CO. 22,STRAND ROAD, 1 ST FLOOR, KOLKATA-700 001 2. /REVENUE- ACIT, CIR-36, ROOM NO.806 8 TH FLOOR, AYAKAR BHAWAN POORVA, 110 SHANTI PALLY, KOL KATA-107 3. 5 6 / CONCERNED CIT KOLKATA 4. 6- / CIT (A) KOLKATA 5. ))5, 5, / DR, ITAT, KOLKATA 6. = / GUARD FILE. BY ORDER/ , 5,