ACIT, CHENNAI V. Enlist, CHENNAI

ITA 1991/CHNY/2016

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 8310 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-09-2016
• Appeal Filed By: Department
• Bench Allotted: C
• Assessment Year: 2006-2007
• Appeal Filed On: 01-07-2016
• Court: TRIBUNAL
• Department Lawyers: A V SREEKANTH
• Assessee Lawyers: M KARUNAKARAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME - TAX APPELLATE TRIBUNAL C BENCH, CHENNAI . , . , BEFORE SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER & SHRI DUVVURU RL REDDY , JUDICIAL MEMBER I T.A. NO. 1 991 AND 1992 /MDS/201 6 ASSESSMENT YEAR S :20 0 6 - 0 7 AND 2007 - 08 THE ASSISTANT COMMISSIONER OF INCOME TAX, NON - CORPORATE CIRCLE 1(1 ) , FORMERLY KNOWN AS BUSINESS CIRCLE - 1, CHENNAI. VS. M/S. ENLIST, NEW NO. 12, 1 ST FLO OR, BAZAAR STREET, NESAPAKKAM, CHENNAI 600 078. [PAN:A A BFE7615C ] ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI A.V. SREEKANTH, J CIT / RESPONDENT BY : SHRI M. KARUNAKARAN , ADVOCATE / DATE OF HEARING : 29 . 0 9 .201 6 / DATE OF P RONOUNCEMENT : 30 . 0 9 .201 6 / O R D E R PER DUVVURU RL REDDY , JUDICIAL MEMBER : BOTH THE APPEAL S FILED BY THE REVENUE ARE DIRECTED AGAINST THE COMMON ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) 2 , CHENNAI DATED 04 .0 3 .2016 RELEVA NT TO THE ASSESSMENT YEAR S 20 0 6 - 0 7 AND 2007 - 08 . 2. AT THE TIME OF HEARING THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT IN THE APPEAL FILED BY THE REVENUE IS LESS THAN THE MONETARY LIMIT OF .10,00,000/ - FIXED BY THE CBDT TO FILE AN APPEAL BY THE REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 21/2015, DATED I.T.A. NO S . 1 991 & 1992 /M/ 16 2 10.12.2015. THE LD. DR FAIRLY CONCEDED THE SUBMISSIONS MADE BY THE LD. COUNSEL FOR THE ASSESSEE. BEING SO, THE REVENUE AUTHORITIES ARE PRECLUDED FROM FILING THE APPEAL B EFORE THE TRIBUNAL, SINCE THE TAX EFFECT IS LESS THAN .10,00,000/ - IN THIS APPEAL. ACCORDINGLY, THE APPEAL S FILED BY THE REVENUE ARE DISMISSED AS UN - ADMITTED FOR BOTH THE ASSESSMENT YEARS . 4 . IN THE RESULT, THE APPEAL S FILED BY THE REVENUE ARE DISMISSED . ORDER PRONOUNCED ON THE 30 TH SEPTEMBER, 2016 AT CHENNAI. SD/ - SD/ - (A. MOHAN ALANKAMONY ) ACCOUNTANT MEMBER ( DUVVURU RL REDDY ) JUDICIAL MEMBER CHENNAI, DATED, THE 30 . 0 9 .201 6 VM/ - / COPY TO: 1. / APPELLANT , 2. / RESPONDENT , 3. ( ) / CIT(A) , 4. / CIT , 5. / DR & 6. / GF.