ACIT, CHENNAI V. Dr. Sanjiv Madanmohan Agarwal, CHENNAI

ITA 1871/CHNY/2015

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 7995 (ITAT-CHENNAI)
• Duration Of Justice: 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2016
• Appeal Filed By: Department
• Bench Allotted: B
• Next Hearing Date: 01-02-2016
• Assessment Year: 2007-2008
• Appeal Filed On: 14-08-2015
• Court: TRIBUNAL
• Department Lawyers: P RADHAKRISHNAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME - TAX APPELLATE TRIBUNAL B BENCH, CHENNAI , . , BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER & SHRI DUVVURU RL REDDY , JUDICIAL MEMBER I.T.A.NO. 1871/MDS/2015 ASSESSMENT YEAR : 2007 - 08 THE ASSISTANT COMMISSIONER OF INCOME TAX, NON - CORPORATE CIRCLE 3, 121, MAHATMA GANDHI ROAD, NUNGAMBAKKAM, CHENNAI 600 034. VS. DR. SANJIV MADANMOHAN AGARWAL, NEW NO.1, PLOT NO. 8, OLD NO. 223, 224, TTK ROAD, ALWARPET, CHENNAI 600 0 1 8. [PAN: AB D P S4012N ] ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI P. RADHAKRISHNAN , JCIT / RESPONDENT BY : NONE / DATE OF HEARING : 0 1 . 0 2 .201 6 / DATE OF P RONOUNCEMENT : 17 . 0 2 .201 6 / O R D E R PER DUVVURU RL REDDY , JUDICIAL MEMBER : THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) 4 , CHENNAI DATED 30 .0 3 .201 5 RELEVANT TO THE ASSESSMENT YEAR 2007 - 08 . 2. AT THE TIME OF HEARING , NONE APPEARED ON BEHALF OF THE ASSESSEE. SO WE PROCEED ED TO DECIDE THE CASE ON MERITS AFTER HEARING THE LD. DR. T HE LD. DR HAS FAIRLY CONCEDED THAT THE TAX EFFECT IN THIS APPEAL IS LESS THAN THE MONETARY LIMIT OF .10,00,000/ - FIXED BY THE CBDT TO FILE AN APPEAL BY THE I.T.A. NO . 1871 /M/ 1 5 2 REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 21/2015, DATED 10.12.2015. BEING SO, THE REVENUE AUTHORITIES ARE PRECLUDED FROM FILING THE APPEAL BEFORE THE TRIBUNAL, SINCE THE TAX EFFECT IS LESS THAN .1 0,00,000/ - IN THIS APPEAL. ACCORDINGLY, THE APPEAL FILED BY THE REVENUE IS DISMISSED AS UN - ADMITTED. 3 . IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED ON THE 17 TH FEBRUARY , 20 16 AT CHENNAI. SD/ - SD/ - ( CHANDRA POOJARI ) AC COUNTANT MEMBER ( DUVVURU RL REDDY ) JUDICIAL MEMBER CHENNAI, DATED, THE 17 . 0 2 .201 6 VM/ - / COPY TO: 1. / APPELLANT , 2. / RESPONDENT , 3. ( ) / CIT(A) , 4. / CIT , 5. / DR & 6. / GF.