ITO, Ward-5(1)(4), Bangalore V. M/s.Rapid Global Business Solutions Pvt. Ltd., Bangalore

ITA 1919/BANG/2016

• Counselvise Citation: [2017] 130 COUNSELVISE.COM (IT) 8588 (ITAT-BANGALORE)
• Duration Of Justice: 3 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2017
• Appeal Filed By: Department
• Bench Allotted: B
• Next Hearing Date: 15-02-2017
• Assessment Year: 2011-2012
• Appeal Filed On: 15-11-2016
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Keywords: Tax effect
• Section: 32; 147; 131; 68; 246; 69; 145; 27; 148; 54; 37; 6; 56; 263; 63; 132; 12; 28; 144; 10; 90; 154; 2; 11; 15; 271(1)(b); 139; 92; 13

Judgement Text

IN THE INCOME TAX APPELLATE TRI BUNAL BANGALORE BENCH SMC, BANGALORE BEFORE SHRI A.K.GARODIA, ACCOUNANT MEMBER ITA NOS.1919 (BANG) 2016 (ASSESSMENT YEAR : 2011 12) THE ITO, WARD 5 (1)(4), BANGALORE APPELLANT VS M/S RAPID GLOBAL BUSINESS SOLUTIONS PVT. LTD., NO. 18/7, 1 ST FLOOR, NARAYANA BUSINESS CHAMBERS, WILSON GARDEN, BANGALORE - 560027 PAN. AAACQ0656P RESPONDENT ASSESSEE BY : SHRI PRANAV KRISHNA, ADVOCATE REVENUE BY : SHRI AR. V. SREENIVAS, JCIT DATE OF HEARING : 15-02-2017 DATE OF PRONOUNCEMENT : 17-02-2017 O R D E R PER A. K. GARODIA, A.M.: THIS APPEAL IS FILED BY THE REVENUE WHICH IS DIREC TED AGAINST THE ORDER OF CIT (A) 5 BENGALURU DATED 29.08.2016 FOR A. Y. 2011 12. 2. AT THE VERY OUTSET, IT WAS SUBMITTED BY THE LEAR NED AR OF THE ASSESSEE THAT THE TAX EFFECT IN THE PRESENT APPEAL OF THE RE VENUE IS MUCH LESS THAN RS. 10 LACS AND THEREFORE, IN VIEW OF THE BOARD INSTRUC TIONS, THE APPEAL OF THE REVENUE IS NOT MAINTAINABLE. IN REPLY, LEARNED DR O F THE REVENUE HAD NOTHING TO SAY. 3. I HAVE CONSIDERED THE RIVAL SUBMISSIONS. I FIND THAT ONLY ONE ADDITION OF RS. 308,622/- WAS MADE BY THE A.O. WHICH IS DELE TED BY CIT (A). HENCE, THE TAX EFFECT IN THE PRESENT APPEAL OF THE REVENUE IS MUCH LESS THAN RS. 10 LACS AND THEREFORE, IN VIEW OF THE BOARD INSTRUCTIO NS, THE APPEAL OF THE REVENUE IS NOT MAINTAINABLE. I, THEREFORE, DISMISS THIS APPEAL. 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THE DATE MENT IONED ON THE CAPTION PAGE. SD/ - (A.K. GARODIA) ACCOUNTANT MEMBER BANGALORE: D A T E D : 17 .02.2017 AM* ITA NO.1919(BANG)2016 2 COPY TO : 1 APPELLANT 2 RESPONDENT 3 CIT(A)-II BANGALORE 4 CIT 5 DR, ITAT, BANGALORE. 6 GUARD FILE BY ORDER, AR, ITAT, BANGALORE 1. DATE OF DICTATION .. 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER . 3. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. P. S. .. 4 DATE ON WHICH THE ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT .. 5. DATE ON WHICH THE ORDER COMES BACK TO THE SR. P.S. .. 6. DATE OF UPLOADING THE ORDER ON WEBSITE .. 7. IF NOT UPLOADED, FURNISH THE REASON FOR DOING SO . 8. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK .. 9. DATE ON WHICH ORDER DOES FO R XEROX & ENDORSEMENT . 10. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK. 11 THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER. 12 THE DATE ON WHICH THE FILE GOES TO THE DISPATCH SEC TION F OR DISPATCH OF THE TRIBUNAL ORDER 13 DATE OF DISPATCH OF ORDER