ACIT, Circle-15(1), Kolkata, Kolkata V. ABCI Infrastructure Pvt. Ltd., Kolkata

ITA 1787/KOL/2016

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 4528 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 10 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-08-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 08-09-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: MIRAJ D. SHAH
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH A, KOLKATA BEFORE SHRI S.S. VISWANETHRA RAVI, JM AND DR. A.L. SAINI, AM I.T.A. NO. 1787/KOL/2016 ASSESSMENT YEAR: 2007-08 ACIT CIRCLE 15(1), KOLKATA.................................................................APPELLANT AAYAKAR BHAWAN POORVA, 110, SHANTIPALLY, KOLKATA 700 107. VS. ABCI INFRASTRUCTURE PVT. LTD.........RESPONDENT 6 TH FLOOR, VASUNDHARA, 2/7, SARAT BOSE ROAD, BHAWANIPORE, KOLKATA 700 020. [PAN : AACCM 3317 R] APPEARANCES BY: SHRI SALLONG YADEN, ADDL. CIT APPEARING ON BEHALF OF THE REVENUE. SHRI MIRAJ D. SHAH, FCA APPEARING ON BEHALF OF THE ASSESSEE DATE OF CONCLUDING THE HEARING : JULY 26, 2018 DATE OF PRONOUNCING THE ORDER : AUGUST 3 RD , 2018 ORDER PER S.S. VISWANETHRA RAVI, JM IN THE REVENUE APPEAL, THE UNDISPUTED FACT IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F. NO. 279/MISC. 142/2007-ITJ (PT), DT. 11 TH JULY, 2018. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THE APPEAL IS DISMISSED AS WITHDRAWN. 2 I.T.A. NO. 1787/KOL/2016 ASSESSMENT YEAR: 2007-08 ABCI INFRASTRUCTURE PVT. LTD. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 3 RD AUGUST, 2018. SD/- SD/- A.L. SAINI S.S. VISWANETHRA RAVI ACCOUNTANT MEMBER JUDICAL MEMBER DATED: 03/08/2018 BISWAJIT, SPS COPY OF ORDER FORWARDED TO: 1. ABCI INFRASTRUCTURE PVT. LTD., 6 TH FLOOR, VASUNDHARA 2/7, SARAT BOSE ROAD, BHAWANIPORE, KOLKATA 700 020. 2. ACIT CIRCLE 15(1), AAYAKAR BHAWAN POORVA, 110, SHANTIPALLY, KOLKATA 700 107. 3. THE CIT(A) 4. THE CIT 5. DR TRUE COPY, BY ORDER, SR. P.S. / H.O.O. ITAT, KOLKATA