ACIT Central Circle 3(4), Chennai V. Arvind Srinivasan, CHENNAI

ITA 1768/CHNY/2017

• Counselvise Citation: [2018] 124 COUNSELVISE.COM (IT) 9944 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 2 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-09-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 17-07-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S BHARATH IRS
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : CHENNAI . , , BEFORE SHRI ABRAHAM P.GEORGE, ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN, JUDICIAL MEMBER ./I.T.A. NOS.1768 & 1769/CHNY/2017 / ASSESSMENT YEARS : 2010-11 & 2011-2012. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 3(4) CHENNAI. VS. SHRI. ARVIND SRINIVASAN, 61, OLIVER ROAD, MYLAPORE, CHENNAI 600 004. [PAN ADCPA 0371R] ( / APPELLANT) ( /RESPONDENT) ! ' # / APPELLANT BY : SHRI. S.BHARATH, IRS, CIT. $%! ' # /RESPONDENT BY : NONE & ' ' () /DATE OF HEARING : 24-09-2018 *+ ' () /DATE OF PRONOUNCEMENT : 24-09-2018 / O R D E R PER ABRAHAM P. GEORGE, ACCOUNTANT MEMBER: THESE ARE APPEALS FILED BY THE REVENUE DIRECTED AGAINST ORDERS DATED 17.04.2017 OF LD. COMMISSIONER OF INC OME TAX (APPEALS)-19, CHENNAI. 2. LD. DEPARTMENTAL REPRESENTATIVE FAIRLY AGREED THAT THE TAX EFFECT WAS LESS THAN >20,00,000/- AND BY VIRTUE OF PARA 13 OF CBDT ITA NOS.1768 & 1769/2017. :- 2 -: CIRCULAR NO.3/2018, DATED 11.07.2018, PENDING APPEA LS BELOW THE SPECIFIED TAX LIMIT HAD TO BE WITHDRAWN/NOT PRESSED . 3. NONE APPEARED ON BEHALF OF THE ASSESSEE. 4. WE HAVE CONSIDERED THE SUBMISSION OF THE LD. DEPART MENTAL REPRESENTATIVE. SINCE THE TAX EFFECT IN THESE APPEA LS ARE LESS THAN >20,00,000/-, APPEALS OF THE REVENUE CANNOT SURVIV E. 5. IN THE RESULT, THE APPEALS OF THE REVENUE STAND DIS MISSED. ORDER PRONOUNCED ON MONDAY, THE 24 TH DAY OF SEPTEMBER, 2018, AT CHENNAI. SD/- SD/- ( ) (GEORGE MATHAN) / JUDICIAL MEMBER ( . '#'$ ) (ABRAHAM P. GEORGE) % &' / ACCOUNTANT MEMBER - ' / CHENNAI . / DATED:24TH SEPTEMBER, 2018. KV / ' $(0 1 2 1 ( / COPY TO: 1 . ! / APPELLANT 3. & 3( ( ) / CIT(A) 5. 167 $(8 / DR 2. $%! / RESPONDENT 4. & 3( / CIT 6. 79 :' / GF ITA NOS.1768 & 1769/2017. :- 3 -: