ITO, Madurai V. K.Sugantha lakshmi, Madurai

ITA 1502/CHNY/2016

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 7760 (ITAT-CHENNAI)
• Duration Of Justice: 7 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2016
• Appeal Filed By: Department
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 26-05-2016
• Court: TRIBUNAL
• Department Lawyers: SHIVA SRINIVAS
• Assessee Lawyers: G BASKAR
• Keywords: Maximum Marginal Rate; Tax effect

Judgement Text

, , IN THE INCOME - TAX APPELLATE TRIBUNAL A BENCH, CHENNAI , . , BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER & SHRI DUVVURU RL REDDY, JUDICIAL MEMBER ./ I T.A. NO. 1 502 /MDS/201 6 / ASSESSMENT YEAR :20 11 - 12 THE INCOME TAX OFFICER , NON - CORPORATE WARD 3 (4) , MADURAI. VS. SMT. K. SUGANTHA LAKSHMI, B - 4, POLICE STATION WEST STREET, MMR COMPLEX, MADURAI 625 001. [P AN: BBNPS1049A ] ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI S HIVA SRINIVAS , J CIT / RESPONDENT BY : SHRI G. BASKAR , ADVOCATE / DATE OF HEARING : 0 8 . 11 .201 6 / DATE OF P RONOUNCEMENT : 28 . 12 .201 6 / O R D E R PER DUVVURU RL REDDY , JUDICIAL MEMBER : THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) 3 , CHENNAI DATED 2 8 . 1 2 .201 5 RELEVA NT TO THE ASSESSMENT YEAR 20 11 - 12 . 2. AT THE TIME OF HEARING THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT IN THE APPEAL FILED BY THE REVENUE IS LESS THAN THE MONETARY LIMIT OF .10,00,000/ - FIXED BY THE CBDT TO FILE AN APPEAL BY TH E REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 21/2015, DATED I.T.A. NO . 1 502 /M/ 16 2 10.12.2015. THE LD. DR FAIRLY CONCEDED THE SUBMISSIONS MADE BY THE LD. COUNSEL FOR THE ASSESSEE. BEING SO, THE REVENUE AUTHORITIES ARE PRECLUDED FROM FILING THE APPEAL BEFORE THE TRI BUNAL, SINCE THE TAX EFFECT IS LESS THAN .10,00,000/ - IN THIS APPEAL. ACCORDINGLY, THE APPEAL FILED BY THE REVENUE IS DISMISSED AS UN - ADMITTED. 3 . IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED ON THE 28 TH DECEMBER , 2016 AT CHENNAI. SD/ - SD/ - (CHANDRA POOJARI) ACCOUNTANT MEMBER ( DUVVURU RL REDDY ) JUDICIAL MEMBER CHENNAI, DATED, THE 28 . 12 .201 6 VM/ - / COPY TO: 1. / APPELLANT , 2. / RESPONDENT , 3. ( ) / CIT(A) , 4. / CIT , 5. / DR & 6. / GF.