DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, BATHINDA V. MESERS AMAR NATH AGGARWAL INVESTMENT PRIVATE LIMITED, BATHINDA

ITA 227/ASR/2018

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 0520 (ITAT-AMRITSAR)
• Duration Of Justice: 7 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2014-2015
• Appeal Filed On: 19-04-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH, AMRITSAR BEFORE SH. N.K.SAINI, ACCOUNTANT MEMBER AND SH. N.K.CHOUDHRY, JUDICIAL MEMBER ITA NO.227(ASR)/2018 ASSESSMENT YEAR:2014-15 THE INCOME TAX OFFICER, CIRCLE-I, BATHINDA VS. M/S AMAR NATH AGGARWAL INVESTMENT PVT. LTD., BATHINDA. [PAN:AABCA 3736B] (APPELLANT) (RESPONDENT) APPELLANT BY: SH. CHARAN DASS (LD. DR) RESPONDENT BY: NONE. DATE OF HEARING: 30.11.2018 DATE OF PRONOUNCEMENT: 30.11.2018 ORDER PER N.K. CHOUDHRY,(JM) THE INSTANT APPEAL HAS BEEN FILED BY THE REVENUE DEPA RTMENT, ON FEELING AGGRIEVED AGAINST THE ORDER DATED 08.02.201 8 PASSED BY THE LD. CIT(A)-BATHINDA, U/S 250(6) OF THE I.T. ACT, 1961 (HE REINAFTER CALLED AS THE ACT). 2. AT THE OUTSET, IT IS BROUGHT TO OUR NOTICE THAT THE R EVENUE/DEPARTMENT HAS SUBMITTED AN APPLICATION DATED 22.11.2018 FOR WITH DRAWING THE SAID APPEAL AS PER CBDT CIRCULAR NO.03 OF 2018, DATED 11.0 7.2018 AS AMENDED BY CIRCULAR DATED 20.08.2018 BEING A LOW TAX EFFECT C ASE. THEREFORE, THE APPEAL IS DISMISSED AS WITHDRAWN. ITA NO.227(ASR)/2018 (A.Y.2014-15) ITO V. AMAR NATH AGGARWAL, BATHINDA 2 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE DEPA RTMENT STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 30.11.2018. SD/- S D/- (N.K.SAINI) (N.K.CHOUDHRY) ACCOUNTANT MEMBER JU DICIAL MEMBER DATED:30.11.2018 /PK/ PS. COPY OF THE ORDER FORWARDED TO: (1) M/S AMAR NATH AGGARWAL INVESTMENT PVT. LTD., B ATHINDA (2) THE DCIT, CIRCLE-1, BATHINDA (3) THE CIT(A), BATHINDA (4) THE CIT CONCERNED. (5) THE SR DR, I.T.A.T., AMRITSAR TRUE COPY BY ORDER