ACIT, Central Circle - 2(4), Kolkata, Kolkata V. M/s. Rosewood Commosales Pvt. Ltd., , Kolkata

ITA 2269/KOL/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 1883 (ITAT-KOLKATA)
• Duration Of Justice: 10 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-09-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 03-11-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S M DAS
• Assessee Lawyers: MANISH TIWARI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA SMC BENCH, KOLKATA (BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER) ITA NO. 2269/KOL/2017 ASSESSMENT YEAR: 2014-15 ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(4) KOLKATA.................................. APPELLANT M/S. ROSEWOOD COMMONSALES PVT. LTD.....................RESPONDENT 8, CAMAC STREET 6 TH FLOOR KOLKATA 700 017 [PAN : AAECR 3861 P] APPEARANCES BY: SHRI MANISH TIWARI, FCA, APPEARED ON BEHALF OF THE ASSESSEE. SHRI S.M. DAS, ADDL. CIT, SR. D/R. APPEARING ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : JULY 18 TH , 2018 DATE OF PRONOUNCING THE ORDER : SEPTEMBER 4 TH , 2018 ORDER PER J. SUDHAKAR REDDY, AM :- IN THIS APPEAL OF THE REVENUE, THE UNDISPUTED FACT IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, AS FIXED BY THE CBDT CIRCULAR NO.3/2018, F. NO. 279/MISC. 142/2007-ITJ (PT), DT. 11 TH JULY, 2018. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THIS APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. KOLKATA, THE 4 TH DAY OF SEPTEMBER, 2018. SD/- [ J. SUDHAKAR REDDY ] ACCOUNTANT MEMBER DATED : 04.09.2018 {SC SPS} 2 ITA NO. 2269/KOL/2017 ASSESSMENT YEAR: 2014-15 M/S. ROSEWOOD COMMONSALES PVT. LTD COPY OF THE ORDER FORWARDED TO: 1. M/S. ROSEWOOD COMMONSALES PVT. LTD 8, CAMAC STREET 6 TH FLOOR KOLKATA 700 017 2. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(4) KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER SENIOR PRIVATE SECRETARY HEAD OF OFFICE/ D.D.O. ITAT, KOLKATA BENCHES