DCIT, Circle-11(1), Kolkata, Kolkata V. EPCOS India Private Limited, Nadia

ITA 1814/KOL/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 4572 (ITAT-KOLKATA)
• Duration Of Justice: 11 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-08-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2002-2003
• Appeal Filed On: 07-08-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SAURABH KUMAR; SANJAY PAUL
• Assessee Lawyers: SRIPATI CHARAN GIRI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH C, KOLKATA BEFORE SHRI J. SUDHAKAR REDDY, AM AND SHRI S.S. VISWANETHRA RAVI, AM I.T.A. NO. 1814/KOL/2017 ASSESSMENT YEAR: 2002-03 DCIT CIRCLE 11(1), KOLKATA.................................................................APPELLANT P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. VS. M/S. EPCOS INDIA PVT. LTD..................RESPONDENT KULI KANCHARAPARA ROAD, KALYANI, NADIA 741 251. [PAN : AAACI 6950 Q] APPEARANCES BY: SHRI SANJAY PAUL & SHRI SAURABH KUMAR, ADDL. CIT APPEARING ON BEHALF OF THE REVENUE. SHRI SRIPATI CHARAN GIRI, FCA APPEARING ON BEHALF OF THE ASSESSEE DATE OF CONCLUDING THE HEARING : JULY 25, 2018 DATE OF PRONOUNCING THE ORDER : AUGUST 02 , 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 AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THE APPEAL IS DISMISSED AS WITHDRAWN. 2 I.T.A. NO. 1814/KOL/2017 ASSESSMENT YEAR: 2002-03 M/S. EPCOS INDIAPVT. LTD. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 2 ND AUGUST, 2018. SD/- SD/- J. SUDHAKAR REDDY S.S. VISWANETHRA RAVI ACCOUNTANT MEMBER JUDICAL MEMBER DATED: 02/08/2018 BISWAJIT, SPS COPY OF ORDER FORWARDED TO: 1. M/S. EPCOS INDIA PVT. LTD., KULIA KANCHRAPARA ROAD, KALYANI, NADIA 741 251. 2. ACIT CIRCLE 11(1), P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. 3. THE CIT(A) 4. THE CIT 5. DR TRUE COPY, BY ORDER, SR. P.S. / H.O.O. ITAT, KOLKATA