DCIT Corporate Circle 1, Coimbatore V. Chiranjeevi Wind Energy Limited, Coimbatore

ITA 2225/CHNY/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 0187 (ITAT-CHENNAI)
• Duration Of Justice: 11 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 24-04-2018
• Assessment Year: 2010-2011
• Appeal Filed On: 12-09-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R CLEMENT RAMESH KUMAR ACIT
• Assessee Lawyers: R VIJAYARAGHAVAN
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: CHENNAI . , .. ', BEFORE SHRI ABRAHAM P.GEORGE, ACCOUNTANT MEMBER AND SHRI DUVVURU R.L.REDDY, JUDICIAL MEMBER ./ ITA NO.2225/CHNY/2017 $% % /ASSESSMENT YEAR: 2010-11 THE DY. COMMISSIONER OF- INCOME TAX, CORPORATE CIRCLE-1, 63-A, RACE COURSE ROAD, COIMBATORE. VS. M/S.CHIRANJEEVI WIND ENERGY LTD., 45/3A, ARTS COLLEGE ROAD LANE, OPP: BALA LODGE, COIMBATORE-641 018. [PAN: A AACC 8761 H ] ( ( /APPELLANT) ( )*( /RESPONDENT) DEPARTMENT BY : MR.R.CLEMENT RAMESH- KUMAR, ACIT ASSESSEE BY : MR.R.VIJAYARAGHAVAN, ADV. 3 /DATE OF HEARING : 05.09.2018 3 /DATE OF PRONOUNCEMENT : 06.09.2018 / O R D E R PER DUVVURU R.L.REDDY, JUDICIAL MEMBER : THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAIN ST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-1, COIMBATORE, IN APPEAL NO.52/16-17 DATED 30.06.2017 FOR THE AY 2010-11. 2. THE COUNSEL FOR THE ASSESSEE POINTED OUT THAT TH E TAX EFFECT IN THIS CASE WAS LESS THAN RS.20.00 LAKHS. HENCE, THE APPE AL OF THE REVENUE ::2:: ITA NO.2225/CHNY/2017 WOULD NOT LIE BEFORE THIS TRIBUNAL BY VIRTUE OF CBD T CIRCULAR NO.3/2018 DATED 11.07.2018. 3. LD. DEPARTMENTAL REPRESENTATIVE FAIRLY AGREED TH AT THE TAX EFFECT WAS LESS THAN RS.20.00 LAKHS. 4. WE HAVE HEARD THE RIVAL CONTENTIONS AND PERUSED THE ORDERS OF THE AUTHORITIES BELOW. 5. THE TAX EFFECT IN THE APPEAL OF THE REVENUE BEIN G LESS THAN RS.20.00 LAKHS, IT CANNOT SURVIVE. 6. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. ORDER PRONOUNCED ON THE 6 TH DAY OF SEPTEMBER, 2018 IN CHENNAI. SD/- SD/- ( . ) ( ABRAHAM P.GEORGE ) /ACCOUNTANT MEMBER ( . . ' ) ( DUVVURU R.L. REDDY ) $ /JUDICIAL MEMBER /CHENNAI, 8 /DATED: SEPTEMBER 06, 2018. TLN 3 )$9: ;: /COPY TO: 1. ( /APPELLANT 4. < /CIT 2. )*( /RESPONDENT 5. : )$$ /DR 3. < ( ) /CIT(A) 6. % /GF