DCIT CORPORATE CIRCLE 1 (1), CHENNAI V. M/S ABI SHOWATECH LTD, CHENNAI

ITA 1807/CHNY/2018

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 2517 (ITAT-CHENNAI)
• Duration Of Justice: 5 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 28-05-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: LALMALSAWMA PACHUAU
• Assessee Lawyers: S JAGANNATHAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, CHENNAI . . . , , ' # BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER ./ ITA NOS.1807, 1808, 1809 & 1810/CHNY/2018 & '& / ASSESSMENT YEARS : 2011-12 TO 2014-15 THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 1(1), CHENNAI - 600 034. V. M/S ABI SHOWATECH I LTD., (SUCCESSOR OF M/S LIGHT ALLOY PRODUCTS LTD.), 67, STONE ACRE, CHAMIERS ROAD, R.A. PURAM, CHENNAI - 600 028. PAN : AAACL 1256 C ()*/ APPELLANT) (+,)*/ RESPONDENT) )* - . / APPELLANT BY : SH. LALMALSAWMA PACHUAU, JCIT +,)* - . / RESPONDENT BY : SHRI S. JAGANNATHAN, FCA / - 0' / DATE OF HEARING : 11.10.2018 12' - 0' / DATE OF PRONOUNCEMENT : 01.11.2018 / O R D E R PER N.R.S. GANESAN, JUDICIAL MEMBER: THESE APPEALS OF THE REVENUE ARE DIRECTED AGAINS T THE COMMON ORDER PASSED BY THE COMMISSIONER OF INCOME T AX (APPEALS)-1, CHENNAI, DATED 22.03.2018 AND PERTAIN TO ASSESSMENT YEARS 2011-12, 2012-13, 2013-14 AND 2014-15. WE HE ARD ALL THESE APPEALS TOGETHER AND DISPOSING OF THE SAME BY THIS COMMON ORDER. 2 I.T.A. NOS.1807 TO 1810/CHNY/18 2. ON HEARING THE LD. DEPARTMENTAL REPRESENTATIVE, WE FIND THAT THE TAX EFFECT IN THIS CASE IS LESS THAN `2 0 LAKHS. THE CBDT IN ITS CIRCULAR NO.3/2018 DATED 11.07.2018 INSTRUCTED ITS OFFICERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WH ERE THE TAX EFFECT IS LESS THAN `2 0 LAKHS. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BINDING ON TH E OFFICERS OF THE DEPARTMENT. THEREFORE, THE REVENUE CANNOT PROCEED FURTHER IN THESE APPEALS. ACCORDINGLY, THESE APPEALS STAND DI SMISSED. 3. IN THE RESULT, ALL THE APPEALS FILED BY THE REVE NUE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT AFTER CONCLUSI ON OF HEARING ON 1 ST NOVEMBER, 2018 AT CHENNAI. SD/- SD/- ( ) ( . . . ) (S. JAYARAMAN) (N.R.S. GANESAN) ' / ACCOUNTANT MEMBER /JUDICIAL MEMBER /CHENNAI, 4 /DATED, THE 1 ST NOVEMBER, 2018. KRI. 3 I.T.A. NOS.1807 TO 1810/CHNY/18 - +056 76'0 /COPY TO: 1. )* /APPELLANT 2. +,)* /RESPONDENT 3. / 80 () /CIT(A) -1, CHENNAI 4. PRINCIPAL CIT, CHENNAI-1, CHENNAI 5. 69 +0 /DR 6. :& ; /GF.