DCIT CC 7(4), MUMBAI V. SANJAY SONAWANI, PUNE

ITA 225/MUM/2015

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 3630 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 7 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-08-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 18-08-2016
• Assessment Year: 2008-2009
• Appeal Filed On: 09-01-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: P R GHOSH
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL I, BE NCH MUMBAI BEFORE SHRI D.KARUNAKARA RAO, AM & SHRI AMARJIT S INGH, JM ITA NO.225/MUM /2015 (ASSESSMENT YEAR : 2008-09) DCIT, CC-7(4), R.NO. 659, 6 TH FLOOR, AAYAKAR BHAVAN, M.K.ROAD, MUMBAI-400020. VS. SHRI SANJAY SONAWANI, 3 RD FLOOR, L-5, MANTRI PARK, NEAR TEJAS SOCIETY, KOTHRUD, PUNE-411028. PAN/GIR NO.: ACZPS9915M ( APPELLANT ) .. ( RESPONDENT ) REVENUE BY : SHRI P. R. GHOSH (DR) ASSESSEE BY : NONE DATE OF HEARING : 18/08/2016 DATE OF PRONOUNCEMENT: 18/08/2016 O R D E R PER D.KARUNAKARA RAI, AM: THE ABOVE APPEAL IS FILED BY THE ASSESSING OFFICER (AO) RAISING ONLY ONE GROUND OF APPEAL FOR THE ASSESSMENT YEAR MENTIONED ABOVE. THE ADDITION INVOLVED IN THE CASE IS ONLY RS. 5,30,000/- AND THE TAX EFFECT IS OBVIOUSLY BELOW THE MONETARY LIMIT OF RS. 10,00,000/- PRESCRIBED BY THE CENTRAL BOARD OF DIRE CTOR TAXES(CBDT) VIDE ITS CIRCULAR NO.21/2015(F.NO.142/2007-ITJ (PT.) DATED 10 TH DECEMBER, 2015. 2. NONE HAS APPEARED ON BEHALF OF THE ASSESSEE. THE DEPARTMENTAL REPRESENTATIVE (DR) ON A QUERY BY THE BENCH FAIRLY CONCEDED THAT T HE TAX EFFECT INVOLVED IN THE ABOVE CASE WAS LESS THAN RS. 10.00 LACS. CONSIDERING THES E FACTS, WE DISMISS THE APPEAL HOLDING THEM AS NOT MAINTAINABLE. 3. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 18/08/2016 . SD/- SD/- (AMARJIT SINGH) (D.KARUNAKARA RAO ) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI; DATED : 18/08/2016 SK, PS COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A), MUMBAI. 4. / CIT 5. , , / DR, ITAT, MUMBAI ITA NO.225/M/15 2 / BY ORDER, / ( ASSTT. REGISTRAR) , / ITAT, MUMBAI 6. / GUARD FILE. //TRUE COPY/