ACIT(OSD) - Ward 24(2), New Delhi V. Stan Wheels Pvt Ltd, New Delhi

ITA 2338/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 1252 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 2 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-05-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2013-2014
• Appeal Filed On: 14-03-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” DELHI BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.A. No.2338/DEL/2019 Assessment Year 2013-14 ACIT (OSD)-Ward 24(2), New Delhi. v. Stan Wheels Pvt. Ltd. 245, DDA, SFS Flats, Rajouri Garden, New Delhi. TAN/PAN: AAGCS9757H (Appellant) (Respondent) Appellant by: Shri Karan Jeet Singh, Adv. Ms. Pragya Kaushik, Adv. Ms. Prachi Goyal, CA Respondent by: Shri Abhishek Kumar, Sr.DR Date of hearing: 25 05 2022 Date of pronouncement: 05 2022 O R D E R PER PRADIP KUMAR KEDIA, A.M.: The c apt io ne d ap p eal ha s be en f i le d at th e i ns ta nc e o f the Re ven ue a gai ns t t he or der of t he Co mmi s si on er of Inc o me Ta x (Ap pe al s) -X XX , N ew D el hi da ted 14 . 12. 20 18 pa ss ed under Se ct io n 14 4 of th e I nc o me Tax A ct , 19 61 (t he Act ). 2. Bef or e us , ld . co un sel f or t he a ss es see sub mi tted th at t he tot al dis pu te d a mo un t w hic h i s be lo w t he mo net ar y p res cr ib e d li mi t of Rs .5 0 la c a s pe r CB DT Ci rcu la r No. 1 7/2 01 9 d at ed 08.08 .2 01 9, app ea l of th e Re ve n ue ar e not mai nt ai n abl e. 3. Fu rth er CB DT vid e clar if ic ati on da ted 20. 08 .2 01 9 h as c lar if ied tha t th e af ore sa id cir cu lar wil l ap pl y to all p en ding a p pea ls a ls o. I.T.A. No.2338/Del/2019 2 Acc or di ng l y, t he c apt io ne d a pp ea l of th e R ev en ue is di s mis sed a s no n mai nt ai na ble a s t he t ax ef f ect is b elo w Rs .5 0 la kh s. 4. The R ev en ue sh all be at li ber t y t o see k r e med ia l mea sur es un der Se ct io n 2 5 4(2 ) i n a cc or da n ce wit h l aw , w her e i t i s de mo nst ra te d t ha t i mp ug ne d c irc ul ar i s n ot ap pl ica bl e t o the f act s of the c as e. 5. In th e re su lt, t he cap ti on ed a pp eal f ile d b y t he R ev en ue is dis mi ss ed . Order was pronounced in the open Court on 25/05/2022. Sd/- Sd/- [KUL BHARAT] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: /05/2022 Prabhat