ACIT, Faridabad V. M/s. Lakhani Footwear Pvt. Ltd., Faridabad

ITA 1756/DEL/2015

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 6922 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-07-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2011-2012
• Appeal Filed On: 27-03-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: ADITI GUPTA MS KIMMI DAWAR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D NEW DELHI BEFORE SHRI G.D. AGRAWAL, HONBLE PRESIDEN T AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 1756/DEL/2015 AY: 20 11-12 ACIT, VS LAKHANI FOOTWEAR PVT. LTD., CIRCLE-II, PLOT NO. 130, SECTOR-24, BLOCK-B, FARIDABAD. NEW CGO COMPLEX, (PAN: AAACL3112H) NH-IV, NIT FARIDABAD. (APPELLANT) (RESPONDENT) DEPARTMENT BY : SHRI AMIT JAIN, SR. DR ASSESSEE BY : MS ADITI GUPTA, MS KIMMI DAWAR, CA DATE OF HEARING: 26.04.2018 DATE OF PRONOUNCEMENT: 23.07.2018 ORDER PER SUDHANSHU SRIVASTAVA, J.M. THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAIN ST THE ORDER PASSED BY THE LD. CIT(A), FARIDABAD DATED 29. 01.2015 FOR A.Y. 2011-12. 2. ADMITTEDLY, THE TAX EFFECT IN THIS APPEAL IS BELOW THE MONETARY LIMIT OF RS. 20 LAKHS. IN TERMS OF CBDT CIRCULAR NO. 3/2018 DATED 11 TH JULY, 2018 READ WITH SECTION 268 A OF THE INCOME TAX ACT, 1961, THIS APPEAL BY THE REVENUE SH OULD HAVE BEEN WITHDRAWN OR SHOULD NOT HAVE BEEN PRESSED BY T HE REVENUE. ITA NO. 1756/DEL/2015 ASSESSMENT YEAR 2011-12 2 IN VIEW OF THE SAID CIRCULAR, THE APPEAL BY THE REV ENUE IS DISMISSED IN LIMINE . 3. IN THE RESULT, THE APPEAL OF THE REVENUE STAN DS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 23 RD JULY, 2018. SD/- SD/- (G.D. AGRAWAL) (SUDHANSHU SRIVASTAVA) PRESIDENT JUDICIAL MEMBER DATED: 23 RD JULY, 2018 GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSTT. REGISTRAR ITA NO. 1756/DEL/2015 ASSESSMENT YEAR 2011-12 3 DATE OF DICTATION DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.PS /PS DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR.P S/PS DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WE BSITE OF ITAT DATE ON WHICH THE FILE GOES TO THE BENCH CLERK DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER 1