DCIT, Cir-1(2), Kolkata, Kolkata V. M/s The Jute Corporation Of India Limited, Kolkata

ITA 2216/KOL/2016

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 5770 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 8 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-07-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2005-2006
• Appeal Filed On: 21-11-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A BHATTACHARYA
• Keywords: Tax effect

Judgement Text

PAGE | 1 IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH D, KOLKATA BEFORE SH. P.M.JAGTAP, ACCOUNTANT MEMBER AND SH. S.S. VISWANETHRA RAVI , JUDICIAL MEMBER ITA NO.2037/KOL/2016 [ASSESSMENT YEAR: 2012 - 13] ITA NO.2106 & 2108/KOL/2016 [ASSESSMENT YEAR: 2003 - 04 & 2006 - 07] ITA NO.1530/KOL/2017 [ASSESSMENT YEAR: 2014 - 15] ITA NO.1538/KOL/2017 [ASSESSMENT YEAR: 2013 - 14] DCIT, CIRCLE - 10(1), KOLKATA. VS SHRI DUSHYANT PAREKH,, 5, J.B.S.HALDEN AVENUE, KOLKATA - 7000 71 . PAN - AGKPP8149F (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHAR YA , ADDL. CIT RESPONDENT BY SH. R.SHUKLA, LD.AR ITO, WARD - 5(1), KOLKATA. M/S. GUINESS POR TFOLIO MANAGEMENT SERVICES PVT.L TD. 10, CANNING STREET, K OLKATA - 700001. PAN - AAHCS6911Q (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHAR YA , ADDL. CIT RESPONDENT BY SH. MIRAJ D.SHAH, AR DCIT, CC - 1(3), KOLKATA. VS M/S. RUNGTA SONS PVT.LTD., 8A, EXPRESS TOWER, 42A, SHAKESPEARE SARANI, KOLKATA - 700017. PAN - AABCR2356N (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY SH. ARIJESH KR. SINGH, ADVOCATE ACIT, CENTRAL CIRCLE - 2(3), KOLKATA. VS M/S. SKIPPER TEXTILES PVT. LTD., 5, RUSSEL STREET, KOLKATA - 700017. PAN - AAECS0754N (APPELLANT) (RESPONDENT) PAGE | 2 C.O.89/KOL/2017 (IN ITA NO.1538/KOL/2017) [ASSESSMENT YEAR: 2013 - 14] ITA NO.2158/KOL/2017 [ASSESSMENT YEAR: 2013 - 14] ITA NO.215/KOL/2017 [ASSESSMENT YEAR: 2013 - 14] I TA NO.1534/KOL/2017 [ASSESSMENT YEAR: 2013 - 14] M/S. SKIPPER TEXTILES PVT. LTD., 5, RUSSEL STREET, KOLKATA - 700017. PAN - AAECS0754N VS ACIT, CENTRAL CIRCLE - 2(3), KOLKATA. (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT DR RESPONDENT BY SH.A.K .TIBREWAL, FCA DCIT, CIRCLE - 12(1), KOLKATA. VS M/S. KAN TECH SOLUTIONS PVT. LTD., 8/38, FERN ROAD, GARIAHAT, KOLKATA - 700019. PAN - AADCK2180P (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY SH. MANISH TIWARI, FCA DCIT, CENTRAL CIRCLE - 1(4), KOLKATA. VS M/S. SQUOSH ENTERTAINMENT PVT.LTD.,(FORMERLY KIMAL MARCHANTS PVT.LTD.),1, VASUDEVA BUILDING, ISHWAR GANGULY STREET, KOLKATA - 700026. PAN - AADCK5908R (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT DR RESPONDENT BY SH.A.K .TIBREWAL, FCA ACIT, CIRCLE - 2(3), KOLKATA. VS SUMIT AGARWAL, 97, TOLLYGUNGE CIRUCLAR ROAD, NEW ALIPORE, KOLKATA - 700053. PAN - ADAPA1564C (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT DR RESPONDENT BY SH.A.K .TIBREWAL, FCA PAGE | 3 ITA NO.2143/KOL/2017 [ASSESSMENT YEAR: 2009 - 10] ITA NO.253/KOL/2015 [ASSESSMENT YEAR: 2009 - 10] ITA NO.1052/KOL/2016 [ASSESSMENT YEAR: 2011 - 12] ITA NO.659 & 660/KOL/2017 [ASSESSMENT YEAR: 2012 - 13 & 20 13 - 14 ] ACIT, CENTRAL CIRCLE - 2(1), KOLKATA. VS M/S. G SHANKAR FASHIONS PVT.LTD., 174, 1 ST FLOOR, M.G.ROAD, BURRABAZAR, KOLKATA - 700007. PAN - AACCG1535H (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT DR RESPONDENT BY SH.NIRAV SHETH, ACA ITO, WARD - 43(4), KOLKATA. VS PREMLATA GUPTA, 5, B.K.PAL AVENUE, KOLKATA - 700005. PAN - ADNPG2386H (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE ACIT, CIRCLE - 3, SURI, BIRBHUM. VS DEBABRATA CHAKRABORTY, VILL. - S HYAMBATI, P.O. - SANTINIKETAN, P.S .BOLPUR, DISTT. - BIRBHUM - 731235. PAN - ABYPC6896K (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE ITO, WARD - 3 5( 2 ), KOLKATA. VS SMT. JAYSHREE DAS, 111, SOUTHERN AVENUE, ASHOKA APARTMENTS, K OLKATA - 7000 29 . PAN - A FPPD3661N (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE PAGE | 4 ITA NO.1418/KOL/2017 [ASSESSMENT YEAR: 2004 - 05] I TA NO.1904/KOL/2017 [ASSESSMENT YEAR: 2006 - 07] ITA NO.1 925 /KOL/2017 [ASSESSMENT YEAR: 200 7 - 0 8 ] I TA NO.2037/KOL/2017 [ASSESSMENT YEAR: 2013 - 14] ACIT, CIRCLE - 2(1), KOLKATA. VS M/S. SEMA SOFTWARE INDIA PVT.LTD., PLOT - 53, BLOCK - DN, SECTOR - V, SALT LAKE, KOLKATA700091. PAN - AADCS5433R (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE ACIT, CIRCLE - 5(2), KOLKATA. VS M/S.THE BISRA STONE LIME CO. LTD., FD - 350, SALT LAKE, SECTOR - 3, KOLKATA700069. PAN - AA BCT2118C (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE D CIT, CIRCLE - 1 (1), KOLKATA. VS M/S. FUGRO GEOTECH PVT.LTD. , 3A/1, 3 RD FLOOR, HASTINGS CHAMBER, 7C, KIRAN SHANKAR ROY ROAD, KO LKATA7000 0 1. PAN - AAACF4381L (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE ITO, WARD - 3(1), BANKURA. VS CHANDAN CHATTERJEE, PROP. OF SREE GANESH ENTERPRISE, VIDYASAGAR PALLY, KATJURIDANGA, P.O. - KENDUADIHI, DISTT. - BANKURA. PAN - AGJPC4016D (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE PAGE | 5 ITA NO.1340/KOL/2013 [ASSESSMENT YEAR: 2008 - 09] I TA NO.2216/KOL/2016 [ASSESSMENT YEAR: 2005 - 06] C.O.NO - 04/KOL/2017 (IN ITA NO.2216/KOL/2016) [ASSESSMENT YEAR: 2005 - 06] [[[[[[ I TA NO.2184/KOL/2017 [ASSESSMENT YEAR: 2012 - 13] ITO, WARD - 2(2), KOLKATA. VS SH. BHUPENDERJIT SINGH AHLUWALIA, 204, ANNAPURNA, 12A, LORD SI NHA ROAD, KOLKATA - 700071. PAN - ADBPA6670L (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE DCIT, CIRCLE - 1(2), KOLKATA. VS M/S. THE JUTE CORPORATION OF INDIA LIMITED, 15N, NELIE SENGUPTA SARANI, HUDCO BUILDING, 7 TH FLOOR, KOLKATA - 700087. PAN - AABCT8820B (APPELLANT) (RESPONDENT) M/S. THE JUTE CORPORATION OF INDIA LIMITED,15N, NELIE SENGUPTA SARANI, HUDCO BUILDING, 7 TH FLOOR, KOLKATA - 700087. PAN - AABCT8820B VS DCIT, CIRCLE - 1(2), KOLKATA. (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE DCIT, CIRCLE - 14(1), KOLKATA. VS BIL INFRATCH LIMITED, AXIS MALL, 2 ND FLOOR & 6 TH FLOOR, BLOCK - C, AA - 1, NEW TOWN, RAJARHAT, KOLKATA - 700156. PAN - AAECB2724M (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE PAGE | 6 IT (SS) A NO.34 & 35/KOL/2017 [ASSESSMENT YEAR: 2009 - 10 & 2011 - 12] O RDER PER BENCH IT IS NOTED THAT EACH OF THESE 22 APPEALS FILED BY THE REVENUE INDIVIDUALLY INVOLVES TAX EFFECT OF LESS THAN RS.20 LACS AND THIS POSITION IS NOT DISPUTED EVEN BY LD.DR. THE CBDT VIDE ITS RECENT CIRCULAR NO.3/2018 ISSUED ON 11.07.2018 HAS REVISED THE MON ETARY LIMIT FOR FILING THE APPEALS OF THE REVENUE BEFORE THE TRIBUNAL TO RS.20 LACS. AS CLARIFIED IN THE SAID CIRCULAR, THE REVISED MONETARY LIMIT OF RS.20 LACS FOR FILING THE REVENUES APPEALS BEFORE THE ITAT WOULD APPLY TO THE APPEALS ALREADY FILED BY THE REVENUE WHICH ARE PENDING BEFORE THE TRIBUNAL AND THE SAME ARE LIABLE TO BE DISMISSED AS WITHDRAWN/NOT PRESSED. WE ACCORDINGLY TREAT THESE APPEALS OF THE REVENUE INVOLVING THE TAX EFFECT OF LESS THAN RS.20 LACS AS WITHDRAWN/NOT PRESSED KEEPING IN VIE W THE CIRCULAR NO.3/2018 (SUPRA) ISSUED BY CBDT AND DISMISS THE SAME. DCIT, CENTRAL CIRCLE - 2(2), KOLKATA AAYAKAR BHAWAN, POORVA, 110, SHANTIPALLY, KOLKATA - 700107. VS M/S. ANANYA WOOD PVT.LTD., 67/27, STRAND ROAD, KOLKATA - 700006. PAN - AAFCA5351G (APPELLANT) (RESPONDENT) APPELLANT BY SH. A.BHATTACHARYA, ADDL. CIT RESPONDENT BY NONE DATE OF HEARING 30.07.2018 DATE OF PRONOUNCEMENT 3 0 .07.2018 PAGE | 7 2. AS A RESULT OF DISMISSAL OF THE REVENUES APPEAL ON ACCOUNT OF LOW TAX EFFECT, THE CORRESPONDING 02 CROSS - OBJECTIONS FILED BY THE ASSESSEE HAVE BECOME INFRUCTUOUS AND THE SAME ARE ALS O LIABLE TO BE DISMISSED ACCORDINGLY. 3. IN THE RESULT, ALL THE 22 APPEALS OF THE REVENUE AND 02 CROSS - OBJECTIONS FILED BY THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 3 0 .07.2018. S D / - S D / - (S.S.VISWANETHRA RAVI) (P.M.JAGTAP) JUDICIAL MEMBER ACCOUNTANT MEMBER DATE: - 3 0 .07.2018 *AMIT KUMAR* COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT - KOLKATA 4. CIT(APPEALS) - KOLKATA 5. DR: ITAT - KOLKATA BENCH SR.P.S./H.O.O ITAT, KOLKATA