Income Tax Officer Ward-2 , Kalaburgai V. M/s Mangal Reality , Kalaburgai

ITA 2215/BANG/2017

• Counselvise Citation: [2018] 122 COUNSELVISE.COM (IT) 4088 (ITAT-BANGALORE)
• Duration Of Justice: 10 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-10-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 20-11-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SREENANDINI DAS
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, JUDICIAL MEMBER AND SHRI A.K. GARODIA , ACCOUNTANT MEMBER I TA NO. 2215/BANG/2017 ASSESSMENT YEAR : 2013 - 14 THE INCOME TAX OFFICER, WARD 2, KALABURAGI. VS. M/S. MANGAL REALITY, A2 & A3, S.S. PATIL COMPLEX, SB TEMPLE ROAD, KHUBA PLOTS, KALABURAGI. PAN: AATFM 0683J APPELLANT RESPONDENT APPELLANT BY : SHRI SMT. SREE NANDINI DAS, ADDL.CIT(DR)(ITAT), BENGALUR U. RE SPONDENT BY : SHRI SREEHARI KUTSA, CA DATE OF HEARING : 11 . 1 0 .201 8 DATE OF PRONOUNCEMENT : 11 .10.2018 O R D E R PER N.V. VASUDEVAN, JUDICIAL MEMBER THIS IS AN APPEAL BY THE REVENUE AGAINST THE OR DER DATED 22.09.2017 OF THE CIT(APPEALS), GULBARGA PERTAINING TO ASSESSMENT YEAR 2013-14. 2. ADMITTEDLY, THE TAX EFFECT IN THIS APPEAL BY TH E REVENUE IS LESS THAN RS.20 LAKHS. IN VIEW OF THE CBDT CIRCULAR NO.3/201 8 DATED 11.07.2018, THE REVENUE CANNOT FILE APPEALS BEFORE THE TRIBUNAL WHERE THE TAX EFFECT IS LESS THAN RS.20 LAKHS. SINCE THE TAX EFFECT IN THE PRESENT APPEAL IS LESS THAN RS.20 LAKHS, THIS APPEAL OF THE REVENUE IS LIA BLE TO BE DISMISSED AS NOT MAINTAINABLE. ACCORDINGLY, THE APPEAL OF THE REVEN UE IS DISMISSED. ITA NO.2215/BANG/2017 PAGE 2 OF 2 3. IN THE RESULT, THE REVENUES APPEAL IS DISMISSE D. PRONOUNCED IN THE OPEN COURT ON THIS 11 TH DAY OF OCTOBER, 2018. SD/- SD/- ( A.K. GARODIA ) ( N.V. VASUDEVAN ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE, DATED, THE 11 TH OCTOBER, 2018. / D ESAI S MURTHY / COPY TO: 1. THE APP ELL ANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.