Income Tax Officer Ward-3(1)(3), Bangalore V. M/s Hamara Shelters Pvt Ltd , Bangalore

ITA 232/BANG/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 2549 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 1 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-03-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 27-02-2020
• Assessment Year: 2015-2016
• Appeal Filed On: 08-02-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B R BASKARAN , ACCOUNTANT MEMBER ITA 232 /BANG/2019 ASSESSMENT YEAR: 2015 - 16 INCOME TAX OFFICER, WARD- 3(1)(3), BANGALORE - 560095 VS. HAMARA SHELTERS PVT. LTD. NO.41, MANTRI HOUSE, VITTAL MALLYA ROAD, BANGALORE 560 001. PAN: AAACH 9576P APPELLANT RESPONDENT APPELLANT BY : SHRI PRIYADARSHINI MISHRA, JCIT(DR)(ITAT), BENGALURU. RESPONDENT BY : NONE DATE OF HEARING : 27.0 2.2020 DATE OF PRONOUNCEMENT : 18 .0 3 .2020 O R D E R PER N.V. VASUDEVAN, VICE PRESIDENT THIS APPEAL IS BY THE REVENUE AGAINST THE ORDER D ATED 02.11.2018 OF THE CIT(APPEALS)-3, BANGALORE FOR THE ASSESSMENT YE AR 2015-16. 2. ADMITTEDLY, THE TAX EFFECT IN THIS APPEAL BY T HE REVENUE IS LESS THAN RS.50 LAKHS. IN VIEW OF THE CBDT IN CIRCULAR NO.17/2019, DATED 08.08.2019 , THE REVENUE CANNOT FILE APPEALS BEFORE THE TRIBUN AL WHERE THE TAX EFFECT IS LESS THAN RS.50 LAKHS. SINCE THE TAX EFFECT IN THE PRESENT APPEAL IS LESS THAN RS.50 LAKHS, THIS APPEAL OF THE REVENUE IS LIABLE TO BE ITA NO.232/BANG/2019 PAGE 2 OF 2 DISMISSED AS NOT MAINTAINABLE. ACCORDINGLY, THE AP PEAL OF THE REVENUE IS DISMISSED. 3. IN THE RESULT, THE REVENUES APPEAL IS DISMISSED . PRONOUNCED IN THE OPEN COURT ON THIS 18 TH DAY OF MARCH, 2020. SD/- SD/- ( B R BASKARAN ) ( N V VASU DEVAN ) ACCOUNTANT MEMBER VICE PRESIDENT BANGALORE, DATED, THE 18 TH MARCH, 2020. / DESAI S MURTHY / COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.