DCIT Corporate Circle 2(2), CHENNAI V. ISP Infrastructure Pvt. Ltd., CHENNAI

ITA 1653/CHNY/2018

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 8302 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 4 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-10-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 14-05-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: J PAVITRAN KUMAR
• Assessee Lawyers: N ARJUN RAJ SHRI T VASUDEVAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME-TAX APPELLATE TRIBUNAL C BENCH, CHENNAI . , , BEFORE SHRI DUVVURU RL REDDY, JUDICIAL MEMBER & SHRI S. JAYARAMAN, ACCOUNTANT MEMBER ./ I.T.A.NO.1653/CHNY/2018 / ASSESSMENT YEAR :2014-15 THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 2(2), ROOM NO. 512, 5 TH FLOOR, WANAPARTHY BLOCK, 121, M. G. ROAD, CHENNAI 600 034. VS. M/S. ISP INFRASTRUCTURE PVT. LTD., NEW NO. 28, OLD NO. 79, VOORA JK TOWERS, 4 TH FLOOR, BAZULLAH ROAD, T. NAGAR, CHENNAI 600 017. [PAN:AACCI1842B] ( /APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI J. PAVITRAN KUMAR, JCIT / RESPONDENT BY : SHRI N. ARJUN RAJ FOR SHRI T. VASUDEVAN, ADVOCATE / DATE OF HEARING : 16.09.2019 /DATE OF PRONOUNCEMENT : 04.10.2019 / O R D E R PER DUVVURU RL REDDY, JUDICIAL MEMBER: THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) 6, CHENNAI DATED 15.03.2018 RELEVANT TO THE ASSESSMENT YEAR 2014-15. 2. AT THE TIME OF HEARING THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT IN THIS APPEAL FILED BY THE REVENUE IS LESS THAN THE MONETARY LIMIT OF .50,00,000/- FIXED BY THE CBDT TO FILE AN APPEAL BY THE I.T.A. NO.1653/CHNY/18 2 REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 17/2019, DATED 08.08.2019. 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 TRIBUNAL, SINCE THE TAX EFFECT IS LESS THAN .50,00,000/- IN THIS APPEAL. ACCORDINGLY, THE APPEAL FILED BY THE REVENUE IS DISMISSED AS UN-ADMITTED. 5. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED ON THE 4 TH OCTOBER, 2019 AT CHENNAI. SD/- SD/- (S. JAYARAMAN) ACCOUNTANT MEMBER (DUVVURU RL REDDY) JUDICIAL MEMBER CHENNAI, DATED, THE 04.10.2019 VM/- /COPY TO: 1. / APPELLANT, 2. / RESPONDENT, 3. ( ) /CIT(A), 4. /CIT, 5. /DR & 6. /GF.