ACIT, New Delhi V. Sh Navin Khanna, New Delhi

ITA 1704/DEL/2012

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9443 (ITAT-DELHI)
• Duration Of Justice: 10 year(s) 4 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2007-2008
• Appeal Filed On: 10-04-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: SUBODH GUPTA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘E’, NEW DELHI BEFORE SH. N. K. BILLAIYA, ACCOUNTANT MEMBER AND SH.KUL BHARAT, JUDICIAL MEMBER ITA No.1704/Del/2012 Assessment Year: 2007-08 ACIT Central Circle -5 New Delhi Vs. Sh. Navin Khanna 4, Shanti Farms Chandanhola, Mehrauli New Delhi PAN No.AAIPK9163A (APPELLANT) (RESPONDENT) Appellant by Sh. Jeetender Chand, Sr. DR. Respondent by Sh. Subodh Gupta, CA Date of hearing: 07/09/2022 Date of Pronouncement: 07/09/2022 ORDER PER N. K. BILLAIYA, AM: This appeal filed by the revenue is preferred against the order of the CIT(A)-XXXI, New Delhi dated 31.01.2012 for A.Y. 2007-08. 2. The grievance of the revenue read as under :- 2 3. A perusal of the aforementioned ground show that the tax effect in the quarrel is less than Rs. 50 lakhs, therefore, this appeal has to be dismissed in the light of the CBDT Circular No. 17/2019 dated 08.08.2019. 4. This appeal is, accordingly, dismissed with liberty to the revenue to approach the Tribunal as per the provisions of law, should it feel that the tax effect is more than Rs. 50 lakhs. 5. In the result, the appeal filed by the revenue is dismissed. 6. The order is pronounced in the open court on 07.09.2022. Sd/- Sd/- (KUL BHARAT) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER *NEHA, Sr. Private Secretary Date:- .09.2022 Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI 3 Date of dictation 07.09.2022 Date on which the typed draft is placed before the dictating Member 07.09.2022 Date on which the typed draft is placed before the Other member 07.09.2022 Date on which the approved draft comes to the Sr.PS/PS 07.09.2022 Date on which the fair order is placed before the Dictating Member for Pronouncement 07.09.2022 Date on which the fair order comes back to the Sr. PS/ PS 07.09.2022 Date on which the final order is uploaded on the website of ITAT 07.09.2022 Date on which the file goes to the Bench Clerk 07.09.2022 Date on which file goes to the Head Clerk. The date on which file goes to the Assistant Registrar for signature on the order Date of dispatch of the Order