ITO, Ward - 15(1), Kolkata , Kolkata V. M/s. Cordlife Science Pvt. Ltd., , South 24 Parganas

ITA 2226/KOL/2017

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 2377 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 4 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-03-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 23-10-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: CHRISTOPHER JENOME SINGH
• Keywords: Tax effect

Judgement Text

ITA NO. 2226/KOL/2017 A.Y. 2013-2014 M/S. CORDLIFE SCIENCE PVT. LIMITED 1 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA A BENCH, KOLKATA BEFORE SHRI P.M. JAGTAP, VICE-PRESIDENT (KZ) AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER I.T.A. NO. 2226/KOL/2017 ASSESSMENT YEAR: 2013-2014 INCOME TAX OFFICER,................................ ...............................APPELLANT WARD-15(1), KOLKATA, AAYAKAR BHAWAN POORVA, 1 ST FLOOR, 110, SHANTI PALLY, KOLKATA-700 107 -VS.- M/S. CORDLIFE SCIENCE PVT. LIMITED,................ .......................RESPONDENT DAG NO. 216, P.L. DEUTY ROAD, BISHNUPUR, 24-PARGANAS (SOUTH), WEST BENGAL-743 503 [PAN: AACCC 7687 A] APPEARANCES BY: SHRI CHRISTOPHER JEROME SINGH, JCIT, SR. D.R. , FOR THE APPELLANT N O N E, FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING : MARCH 11, 2019 DATE OF PRONOUNCING THE ORDER : MARCH 11, 2019 O R D E R PER SHRI P.M. JAGTAP, VICE-PRESIDENT (KZ):- THIS APPEAL IS PREFERRED BY THE REVENUE AGAINST TH E ORDER OF LD. COMMISSIONER OF INCOME TAX (APPEALS)-5, KOLKATA DAT ED 31.08.2017. 2. AT THE TIME OF HEARING FIXING IN THIS CASE TODAY , NONE HAS APPEARED ON BEHALF OF THE ASSESSEE. THE LD. D.R., HOWEVER, H AS POINTED OUT FROM THE GROUNDS RAISED BY THE REVENUE IN THIS APPEAL THAT T HE TAX EFFECT INVOLVED IN THIS APPEAL IS LESS THAN THE MONETARY LIMIT OF R S.20 LAKHS FIXED BY THE CBDT VIDE CIRCULAR NO. 3/2018 DATED 11.07.2018 FOR FILING THE APPEAL BEFORE THE TRIBUNAL. SINCE THE SAID CIRCULAR ISSUED BY THE CBD T IS MADE APPLICABLE TO ITA NO. 2226/KOL/2017 A.Y. 2013-2014 M/S. CORDLIFE SCIENCE PVT. LIMITED 2 ALL THE PENDING APPEALS ALSO, WE TREAT THIS APPEAL OF THE REVENUE AS NOT MAINTAINABLE ON ACCOUNT OF LOW TAX EFFECT AND DISMI SS THE SAME. 3. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ORDER PRONOUNCED IN THE OPEN COURT ON MARCH 11, 201 9. SD/- SD/- (S.S. VISWANETHRA RAVI) (P.M . JAGTAP) JUDICIAL MEMBER VICE-PRESIDENT (KZ) KOLKATA, THE 11 TH DAY OF MARCH, 2019 COPIES TO : (1) INCOME TAX OFFICER, WARD-15(1), KOLKATA, AAYAKAR BHAWAN POORVA, 1 ST FLOOR, 110, SHANTI PALLY, KOLKATA-700 107 (2) M/S. CORDLIFE SCIENCE PVT. LIMITED, DAG NO. 216, P.L. DEUTY ROAD, BISHNUPUR, 24-PARGANAS (SOUTH), WEST BENGAL-743 503 (3) COMMISSIONER OF INCOME TAX (APPEALS)-5, KOLKA TA, (4) COMMISSIONER OF INCOME TAX- , (5) THE DEPARTMENTAL REPRESENTATIVE (6) GUARD FILE BY ORDER ASSISTANT REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, KOLKATA BENCHES, KOLKATA LAHA/SR. P.S.