ACIT, New Delhi V. M/s. Logical Developers Pvt. Ltd., New Delhi

ITA 2006/DEL/2015

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 4121 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 9 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-01-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2010-2011
• Appeal Filed On: 07-04-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MRS SUMAN SAPRA; VAANSH SHARMA CAS
• Assessee Lawyers: AMIT JAIN SENIOR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH D DD D : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, G.D. AGRAWAL, G.D. AGRAWAL, G.D. AGRAWAL, PRESIDENT PRESIDENT PRESIDENT PRESIDENT AND AND AND AND SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA ITAITA ITA NO NONO NO . .. . 2006/DEL/2015 2006/DEL/2015 2006/DEL/2015 2006/DEL/2015 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2010 2010 2010 2010 - -- - 11 1111 11 ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -15(2), 15(2), 15(2), 15(2), NEW DE NEW DE NEW DE NEW DELHI. LHI. LHI. LHI. VS. VS. VS. VS. M/S LOGICAL DEVELOPERS M/S LOGICAL DEVELOPERS M/S LOGICAL DEVELOPERS M/S LOGICAL DEVELOPERS PRIVATE LIMITED, PRIVATE LIMITED, PRIVATE LIMITED, PRIVATE LIMITED, 17 1717 17- -- -B, MGF HOUSE, B, MGF HOUSE, B, MGF HOUSE, B, MGF HOUSE, ASAF ALI ROAD, ASAF ALI ROAD, ASAF ALI ROAD, ASAF ALI ROAD, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 002. 110 002. 110 002. 110 002. PAN : AABCL0432H. PAN : AABCL0432H. PAN : AABCL0432H. PAN : AABCL0432H. (APPELLANT) (RESPONDENT) APPELLANT BY : MRS. SUMAN SAPRA AND SHRI VAANSH SHARMA, CAS. RESPONDENT BY : SHRI AMIT JAIN, SENIOR DR. DATE OF HEARING : 16.01.2018 16.01.2018 16.01.2018 16.01.2018 DATE OF PRONOUNCEMENT : 16.01.2018 16.01.2018 16.01.2018 16.01.2018 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, PER G.D. AGRAWAL, PER G.D. AGRAWAL, PER G.D. AGRAWAL, PRESIDENT PRESIDENT PRESIDENT PRESIDENT : :: :- -- - THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2010-11 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-V, NEW DELHI DATED 30 TH JANUARY, 2015. 2. AT THE TIME OF HEARING BEFORE US, IT WAS SUBMITT ED BY THE LEARNED COUNSEL FOR THE ASSESSEE THAT THE TAX EFFECT IN THI S APPEAL BY THE REVENUE IS BELOW `10 LAKHS. THE CBDT IN ITS CIRCUL AR NO.21/2015 DATED 10 TH DECEMBER, 2015 HAS REVISED THE MONETARY LIMIT FOR FILING OF THE DEPARTMENTAL APPEALS TO THE ITAT AT `10 LAKHS. LEARNED SENIOR DR AGREED WITH THE SAME. ITA-2006/DEL/2015 2 3. IN VIEW OF THE ABOVE POSITION, WE DEEM IT PROPER TO DISMISS THE APPEAL OF THE REVENUE IN THE LIGHT OF THE CIRCULAR NO.21/2015 OF CBDT DATED 10 TH DECEMBER, 2015. 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED DECISION PRONOUNCED IN THE OPEN COURT ON 16.01.2018 . SD/- SD/- (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -15(2), NEW DELHI. 15(2), NEW DELHI. 15(2), NEW DELHI. 15(2), NEW DELHI. 2. RESPONDENT : M/S LOGICAL DEVELOPERS PRIVATE LIMI TED, M/S LOGICAL DEVELOPERS PRIVATE LIMITED, M/S LOGICAL DEVELOPERS PRIVATE LIMITED, M/S LOGICAL DEVELOPERS PRIVATE LIMITED, 17 1717 17- -- -B, MGF HOUSE, ASAF ALI ROAD, B, MGF HOUSE, ASAF ALI ROAD, B, MGF HOUSE, ASAF ALI ROAD, B, MGF HOUSE, ASAF ALI ROAD, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 002. 110 002. 110 002. 110 002. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR