ITO (EXEMPTIONS), WARD-I, CHENNAI V. The South Indian Film Chamber of Commerce, CHENNAI

ITA 2025/CHNY/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 4991 (ITAT-CHENNAI)
• Duration Of Justice: 7 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-02-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2012-2013
• Appeal Filed On: 05-07-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R ANITA
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME-TAX APPELLATE TRIBUNAL D BENCH, CHENNAI , . , BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER & SHRI DUVVURU R.L. REDDY, JUDICIAL MEMBER ./ I.T.A. NOS. 2025 & 2026/CHNY/2019 / ASSESSMENT YEARS : 2012-13 & 2013-14 THE INCOME TAX OFFICER (EXEMPTION),WARD 1, CHENNAI. VS. THE SOUTH INDIA FILM CHAMBER OF COMMERCE, 605, ANNA SALAI, THOUSAND LIGHTS, CHENNAI 600 006. [PAN:AAAAT2561N] ( /APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : MS. R. ANITA, JCIT / RESPONDENT BY : SHRI SAROJ KUMAR PARIDA, ADVOCATE / DATE OF HEARING : 04.02.2020 /DATE OF PRONOUNCEMENT : 18.02.2020 / O R D E R PER DUVVURU RL REDDY, JUDICIAL MEMBER: BOTH THE APPEALS FILED BY THE REVENUE ARE DIRECTED AGAINST THE COMMON ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) 17, CHENNAI DATED 09.04.2019 RELEVANT TO THE ASSESSMENT YEARS 2012-13 AND 2013-14. 2. AT THE TIME OF HEARING THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT IN BOTH APPEALS FILED BY THE REVENUE ARE LESS THAN THE MONETARY LIMIT OF .50,00,000/- FIXED BY THE CBDT TO FILE AN APPEAL BY THE REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 17/2019, DATED I.T.A. NOS. 2025 & 2026/CHNY/19 2 08.08.2019. 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 BEFORE THE TRIBUNAL, SINCE THE TAX EFFECT IS LESS THAN .50,00,000/- IN THESE APPEALS AND THE APPEALS FILED BY THE REVENUE ARE LIABLE TO BE DISMISSED. ACCORDINGLY, BOTH THE APPEALS FILED BY THE REVENUE ARE DISMISSED. 3. IN THE RESULT, BOTH THE APPEALS FILED BY THE REVENUE ARE DISMISSED. ORDER PRONOUNCED ON THE 18 TH FEBRUARY, 2020 AT CHENNAI. SD/- SD/- (INTURI RAMA RAO) ACCOUNTANT MEMBER (DUVVURU RL REDDY) JUDICIAL MEMBER CHENNAI, DATED, THE 18.02.2020 VM/- /COPY TO: 1. / APPELLANT, 2. / RESPONDENT, 3. ( ) /CIT(A), 4. /CIT, 5. /DR & 6. /GF.