ACIT, New Delhi V. Sh. Manoj Kumar Prop., Gurgaon

ITA 1467/DEL/2016

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 6602 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-08-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 18-03-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI A BEN CH, NEW DELHI BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER, AND SHRI SUCHITRA KAMBLE, JUDICIAL MEMBER ITA NO. 1467/DEL/2016 [ASSESSMENT YEAR: 2010-11] ACIT, CIRCLE-62(1), NEW DELHI SH. MANOJ KUMAR PROP. 547/1, BHIM PALACE, NEAR UNION BANK OF INDIA NEW RAILWAY ROAD, GURGAON, PAN - AGQPK1786P APPELLANT RESPONDENT APPELLANT BY SMT. RINKU SINGH RESPONDENT BY NONE DATE OF HEARING 01/08 /2019 DATE OF PRONOUNCEMENT 02 /08 /2019 ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER, THIS APPEAL BY THE REVENUE IS PREFERRED AGAINST THE ORDER OF THE LD. CIT(A)-20, NEW DELHI, DATED 27/01/2016. 2. THE SUBSTANTIVE GRIEVANCE OF THE REVENUE READ AS UNDER:- (I) IN THE FACTS AND CIRCUMSTANCES OF THE CASE, THE LD. CIT(A) HAS ERRED IN REDUCING THE ADDITION ON A/C OF WAGES PAID FROM RS.42,16,362/- T O RS.25,11,087/-. (II) IN THE FACT AND CIRCUMSTANCES OF THE CASE, THE LD. CIT(A) HAS ERRED IN DELETING THE ADDITION OF RS.27,77,244/- ON A/C OF BONUS PAID. 3. A PERUSAL OF THE AFOREMENTIONED GROUNDS SHOWS TH AT THE TAX EFFECT WOULD BE LESS THAN RS.20 LAKHS AND THEREFORE THIS APPEAL BY THE R EVENUE HAS TO BE DISMISSED IN THE 2 ITA NO.1467/DEL/2016 LIGHT OF THE CBDT CIRCULAR NO.03 OF 2018. ACCORDING LY, THE APPEAL OF THE REVENUE IS DISMISSED. THE ORDER IS PRONOUNCED IN THE OPEN COURT ON 02/08/ 2019 SD/- SD/- [SUCHITRA KAMBLE] [N.K. BILLAIYA] JUDICIAL MEMBER ACCOUNTANT MEMBER DELHI; DATED: 02/08/2019. F{X~{T? F{X~{T? F{X~{T? F{X~{T? FA FA FA FA P.S P.SP.S P.S COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI