ACIT, New Delhi V. Sh. Subhash Chand Sharma, Ghaziabad

ITA 2122/DEL/2010

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 6958 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 9 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-02-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 12-02-2016
• Assessment Year: 2002-2003
• Appeal Filed On: 07-05-2010
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MUNESH KUMAR
• 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 G GG G : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT AND AND AND AND SHRI KULDIP SINGH SHRI KULDIP SINGH SHRI KULDIP SINGH SHRI KULDIP SINGH, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO . .. . 2122/DEL/2010 2122/DEL/2010 2122/DEL/2010 2122/DEL/2010 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2002 2002 2002 2002 - -- - 03 0303 03 ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -22 2222 22, ,, , NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. SHRI SUBHASH CHAND SHARMA, SHRI SUBHASH CHAND SHARMA, SHRI SUBHASH CHAND SHARMA, SHRI SUBHASH CHAND SHARMA, KM KMKM KM- -- -106, KAVI NAGAR, 106, KAVI NAGAR, 106, KAVI NAGAR, 106, KAVI NAGAR, GHAZIABAD. GHAZIABAD. GHAZIABAD. GHAZIABAD. PAN : AKAPS3891B. PAN : AKAPS3891B. PAN : AKAPS3891B. PAN : AKAPS3891B. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI MUNESH KUMAR, CIT - DR. RESPONDENT BY : NONE. DATE OF HEARING : 12.02.2016 12.02.2016 12.02.2016 12.02.2016 DATE OF PRONOUNCEMENT : 19.02.2016 19.02.2016 19.02.2016 19.02.2016 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP : :: :- -- - THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2002-03 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-III, N EW DELHI DATED 26 TH FEBRUARY, 2010. 2. AT THE TIME OF HEARING BEFORE US, NONE APPEARED ON BEHALF OF THE ASSESSEE-RESPONDENT. THIS APPEAL OF THE REVENUE IS , THEREFORE, BEING DISPOSED OF EX-PARTE QUA THE ASSESSEE-RESPONDENT ON MERITS AFTER HEARING THE ARGUMENTS OF LEARNED CIT-DR. 3. WE HAVE HEARD THE ARGUMENTS OF LEARNED CIT-DR AN D HAVE PERUSED THE RELEVANT MATERIAL PLACED BEFORE US. IT IS OBSERVED THAT THE TAX EFFECT IN THE PRESENT APPEAL OF THE REVENUE IS BELOW `10 LAKHS. AS PER CIRCULAR NO.21/2015 DATED 10 TH DECEMBER, 2015, THE CBDT HAS CLEARLY LAID DOWN THAT THE REVENUE SHOULD NOT PREFE R APPEALS BEFORE THE ITAT IF THE TAX EFFECT INVOLVED IN THE APPEAL, EXCLUDING INTEREST, IS ITA-2122/DEL/2010 2 LESS THAN `10 LAKHS. IN VIEW THEREOF, THE APPEAL F ILED BY THE REVENUE IS NOT MAINTAINABLE AND IS DISMISSED. 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. DECISION PRONOUNCED IN THE OPEN COURT ON 19.02.2016 . SD/- SD/- (KULDIP SINGH (KULDIP SINGH (KULDIP SINGH (KULDIP SINGH ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : ASSISTANT ASSISTANT ASSISTANT ASSISTANT COMMISSIONER OF INCOME TAX, COMMISSIONER OF INCOME TAX, COMMISSIONER OF INCOME TAX, COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -22, NEW DELHI. 22, NEW DELHI. 22, NEW DELHI. 22, NEW DELHI. 2. RESPONDENT : SHRI SUBHASH CHAND SHARMA, SHRI SUBHASH CHAND SHARMA, SHRI SUBHASH CHAND SHARMA, SHRI SUBHASH CHAND SHARMA, KM KMKM KM- -- -106, KAVI NAGAR, GHAZIABAD. 106, KAVI NAGAR, GHAZIABAD. 106, KAVI NAGAR, GHAZIABAD. 106, KAVI NAGAR, GHAZIABAD. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR