Deputy Commissioner of Income Tax, Circle - 2, Guwahati V. Shri Jitendra Newatia, Guwahati

ITA 215/GTY/2017

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 1180 (ITAT-GUWAHATI)
• Duration Of Justice: 2 year(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-12-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 21-11-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M C OMI NINGSHEN JCIT SRDR
• Assessee Lawyers: UTTAM KUMAR BORTHAKUR
• Keywords: Tax effect
• Section: 153A; 201; 144

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL GAUHATI BENCH E COURT AT KOLKATA BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND DR. A.L.SAINI, ACCOUNTANT MEMBER ITA NO. 215 / GAU / 201 7 ASSESSMENT YEAR :2012-13 DCIT, CIRCLE-2, GUWAHATI, 5THFLOOR, AAYAKAR BHAWAN, G.S. ROAD, GUWAHATI- 781005 V/S . SHRI JITENDRA NEWATIA PRATHNA, NR. JESUIT HOUSE, PANI TANK, JAHAK GHAT, UZANBAZAR, GUWHTI- 781001 [ PAN NO.AAWPN 1133 H ] /APPELLANT .. / RESPONDENT /BY APPELLANT SHRI M.C OMI NINGSHEN, JCIT SR-DR /BY RESPONDENT SHRI UTTAM KUMAR BOR THAKUR, ADVOCATE /DATE OF HEARING 11-12-2019 /DATE OF PRONOUNCEMENT 18-12-2019 / O R D E R PER BEMCH:- THIS REVENUES APPEAL FOR ASSESSMENT YEAR 2012-13 A RISES AGAINST THE COMMISSIONER OF INCOME TAX (APPEALS)-1 GUWAHATIS ORDER DATED 30.06.2018 PASSED IN CASE NO.GUWA-6/2015 INVO LVING PROCEEDINGS U/S 144 R.W.S. 153A OF THE INCOME TAX A CT, 1961; IN SHORT THE ACT. 2. IT TRANSPIRES DURING THE COURSE OF HEARING THAT NET TAX INVOLVED IN THE INSTANT APPEAL OF 46,55,555/- ONLY I.E. LESS THAN THE PRESCRIBED THRESHOLD LIMIT OF 50 LAC IN CBDTS LATEST CIRCULAR NO.17/2019 DATED 08.08.2019 . WE THEREFORE DECLINE INSTANT APPEAL FOR THIS PREC ISE REASON. ITA NO.232/GAU/2018 ASSESSM ENT YEAR: 2010-11 ITO WD-4(2), GUWA VS. M/S KISHLAY FOODS PVT. L TD. PAGE 2 IT IS MADE CLEAR THAT IN CASE THE ABOVE COMPUTATION OF TAX EFFECT SUFFERS FROM ANY IRREGULARITY, IT SHALL BE VERY MUCH OPEN F OR THE ASSESSING OFFICER TO SEEK NECESSARY RECTIFICATION AS PER LAW. 3. THIS REVENUES APPEAL IS DISMISSED IN ABOVE TERM S. ORDER PRONOUNCED IN THE OPEN COURT 18/ 12/2019 SD/- SD/- (A.L.SAINI) (S.S.GODARA) (ACCOUNTANT MEMBER) JUDICIAL MEMBER) KOLKATA, *DKP - 18 / 12 /201 9 / / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-ITO WARD-4(2), 5 TH FL, AAYAKAR BHAWAN, G.S. ROAD, GUWAHATI-05 2. /RESPONDENT-M/S KISHLAY FOODS PVT. LTD.DEWAN PATTY , FANCY BAZAR,GUWAHATI-001 3. * - / CONCERNED CIT GUWAHATI 4. -- / CIT (A) GUWAHATI 5. 0 33*, *, / DR, ITAT, GUWAHATI 6. 7 / GUARD FILE. BY ORDER/ , /TRUE COPY/ SR. PRIVATE SECRETARY, HEAD OF OFFICE/DDO *,