ITO, Ward-1(3), Ludhiana V. Sh. Sunil Kumar Malhotra, Ludhiana

ITA 24/CHANDI/2023

AI Insights

The case involves an appeal by the Income Tax Officer, Ward 1(3), Ludhiana against the order of the CIT(A)/NFAC, Delhi pertaining to the assessment year 2020-21. The appeal was dismissed by the Income Tax Appellate Tribunal, Chandigarh due to the minimal tax effect of Rs. 2650, which does not meet the threshold for appeal as per the CBDT Circular. The Tribunal heard both parties and reviewed the material on record but found the monetary limit for filing an appeal was not met, leading to the dismissal of the appeal without prejudice to the merits of the case.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 127496 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-05-2023
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Next Hearing Date: 01-05-2023
• Assessment Year: 2020-2021
• Appeal Filed On: 17-01-2023
• Laws Referred To: CBDT Circular dated 08.08.2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

आयकर अपील य अ धकरण,च डीगढ़ यायपीठ , च डीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH ‘B’ CHANDIGARH BEFORE: SHRI A.D.JAIN, VICE PRESIDENT AND SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER आयकर अपील सं./ ITA No. 24/CHD/2023 नधा रण वष / Assessment Year : 2020-21 The ITO, Ward 1(3), Ludhiana. बनाम VS Shri Sunil Kumar Malhotra, Prop. M/s Raja Ram & Sons, E-209, Focal Point, Ludhiana. थायी लेखा सं./PAN /TAN No: AIXPK5513B अपीलाथ /Appellant यथ /Respondent राज व क ओर से/ Revenue by : Shri M.P. Dwivedi, Sr.DR नधा रती क ओर से/Assessee by : None तार"ख/Date of Hearing : 02.05.2023 उदघोषणा क तार"ख/Date of Pronouncement : 02.05.2023 आदेश/ORDER PER VIKRAM SINGH YADAV,A.M. The present a ppeal has be en file d by the Re ve nue again st the order of the CI T(A) /NFAC , De lhi d ate d 2 2.1 1.2 022 pertai ning to 2 020 -21 a ssessme nt year . 2. He ard both the p artie s and peru sed the ma te rial avai lab le on record. 3. It is noted tha t the tax effe ct involve d in the present appe al is Rs.2650 /-. Accord ingly, in ter ms of the CB D T Circ ula r da te d 08.08.2 019 wher e in the De partme nt h as spe cified the mone ta ry li mit fo r a n ap peal to be filed by t he Re ve nue be fore the I TA T a s ITA 24/CHD/2023 A.Y.2020-21 Page 2 of 2 Rs. 50 lacs, the appe al so filed by the Reve nue is n ot main tai nab le . 4. In vie w o f the a bove fa cts a nd circumsta nce s, the pre se nt appea l filed by th e Departme nt is dis missed due t o low tax effe ct with a li berty to seek recall in case the matter falls un der an y of the e xce ption s so car ve d out i n the afore said ci rcula r. 5. It is, however, clar ified tha t t he dismi ssa l o f the a bove appea l sh all not be taken to be a ffir mat ion of the order of the CI T(A) on merits . The legal issue ra ised b y the Re venue is be ing left ope n to be ad judi cated in an a ppro pri ate ca se. 6. In the re sult the appeal of the Rev enue is di smisse d . Orde r p ron oun ced in the O pen Court on 2 n d May, 20 23. Sd/- Sd/- (A.D.JAIN ) (VIKRAM SINGH YADAV) VICE PRESIDENT ACCOUNTANTMEMBER “Poonam” आदेश क琉 灹ितिलिप अ灡ेिषत/ Copy of the order forwarded to : 1. अपीलाथ牸/ The Appellant 2. 灹瀄यथ牸/ The Respondent 3. आयकर आयु猴/ CIT 4. िवभागीय 灹ितिनिध, आयकर अपीलीय आिधकरण, च瀃डीगढ़/ DR, ITAT, CHANDIGARH 5. गाड榁 फाईल/ Guard File आदेशानुसार/ By order, सहायक पंजीकार/ Assistant Registrar