Asstt. CIT, Circle-2(1)(2), Ahmedabad V. M/s. Jagson Colorchem Ltd., Ahmedabad

ITA 1829/AHD/2015

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 6371 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 6 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-01-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 18-06-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH (BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER & SHRI MAHAVIR PRASAD, JUDICIAL MEMBER) ITA. NO: 1829/AHD/2015 (ASSESSMENT YEAR: 2010-11) ASST. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(2), AHMEDABAD V/S M/S. JAGSON COLOURCHEM LTD., 5601-4 PHASE-II, GIDC, VATVA, AHMEDABAD- 382445 (APPELLANT) (RESPONDENT) PAN: AAACJ7664C APPELLANT BY : SHRI MUDIT NAGPAL, SR. D. R. RESPONDENT BY : SHRI KARAN SHAH ( )/ ORDER DATE OF HEARING : 21 -12-201 7 DATE OF PRONOUNCEMENT : 02 -01-2018 PER N.K. BILLAIYA, ACCOUNTANT MEMBER: 1. THIS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE LD. CIT(A)-2, AHMEDABAD DATED 30.03.2015 PERTAINING TO A.Y. 2010- 11. ITA NO. 1829 /AHD/2015 . A.Y. 2010-1 1 2 2. THE SUM AND SUBSTANCE OF THE GRIEVANCE OF THE REVE NUE RELATES TO THE DELETION OF THE DISALLOWANCE OF RS. 28,24,281/- U/S. 40(A)(I A) MADE BY THE A.O. ON ACCOUNT OF COMMISSION PAID TO NON-RESIDENT INDIANS. 3. A PERUSAL OF THE GRIEVANCE OF THE REVENUE SHOWS THA T THE TAX EFFECT ON THE IMPUGNED DELETION WOULD BE LESS THAN RS. 10 LACS. T HEREFORE, THIS APPEAL BY THE REVENUE HAS TO BE DISMISSED IN THE LIGHT OF THE CBD T CIRCULAR NO. 21 OF 2015 DATED 10.12.2015. 4. IN THE LIGHT OF THE AFOREMENTIONED CIRCULAR, THE AP PEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 02- 01- 20 18 SD/- SD/- (MAHAVIR PRASAD) (N. K. BILLAIYA) JUDICIAL MEMBER TRUE COPY ACCOUNTANT MEMBER AHMEDABAD: DATED 02/01/2018 RAJESH COPY OF THE ORDER FORWARDED TO: - 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT (APPEALS) 4. THE CIT CONCERNED. 5. THE DR., ITAT, AHMEDABAD. 6. GUARD FILE. BY ORDER DEPUTY/ASSTT.REGISTRAR ITAT,AHME DABAD