ITO, Ward-3, Bhilwara V. M/s. Seth Pusalal Mansingha Trust, Bhilwara

ITA 220/JODH/2018

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 6297 (ITAT-JODHPUR)
• Duration Of Justice: 2 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-07-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2010-2011
• Appeal Filed On: 10-05-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A K DAS
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL JODHPUR BENCH (SMC), JODHPUR BEFORE SHRI R.C. SHARMA, ACCOUNTANT MEMBER ITA NO. 220/JODH/2018 (ASSESSMENT YEAR-2010-11 INCOME TAX OFFICER, WARD-3, BHILWARA. VS M/S. SETH PUSALAL MANSINGHA TRUST PUSA NIWA, KASHIPURI, BHILWARA. (APPELLANT) (RESPONDENT) PAN: AABTS1292H REVENUE BY SH. A. K. DAS (JCIT) (DR) ASSESSEE BY NONE. DATE OF HEARING 18/07/2018 DATE OF PRONOUNCEMENT 19/07/2018 O R D E R PER: R.C. SHARMA, AM THIS IS AN APPEAL FILED BY THE REVENUE AGAINST THE ORDER OF THE CIT(A), AJMER DATED 28/02/2018 FOR THE A.Y. 2010-11 IN THE MATTER OF ORDER U/S 143(3) R.W.S. 147 OF THE INCOME-TAX AC T, 1961 [HEREINAFTER REFERRED TO AS THE ACT, FOR SHORT]. THE GROUNDS RAISED BY THE REVENUE IN APPEAL ARE REPRODUCED AS UNDER: 1. DELETING THE DISALLOWANCES OF RS. 1,21,120/- MA DE BY THE AO ON ACCOUNT OF PURCHASE BILL PERTAINING TO OTHER PARTY. 2. I HAVE GONE THROUGH THE ORDERS OF AUTHORITIES BELOW AND FOUND THAT TAX EFFECT IN RESPECT OF ADDITIONS DELETED BY CIT(A) IS BELOW RS. 20 LACS, ACCORDINGLY IN TERM OF CBDT CIRCULAR NO. 3/2018 DATED 11.07.201 8 THIS APPEAL DESERVES TO BE DISMISSED ON THE GROUND OF LOW TAX EFFECT. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMIS SED. ORDER PRONOUNCED IN THE OPEN COURT ON 19/07/2018. SD/- [R.C. SHARMA] ACCOUNTANT MEMBER DATED : 19/07/2018 A/N COPY TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR 6. GUARD FILE (ITA NO. 220/JODH/2018) ASSISTANT REGISTRAR JODHPUR BENCH