ACIT Non Corporate Circle 1(1), CHENNAI V. P.Balamurugan, CHENNAI

ITA 2400/CHNY/2017

• Counselvise Citation: [2018] 112 COUNSELVISE.COM (IT) 5415 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 1 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-10-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 23-04-2018
• Assessment Year: 2010-2011
• Appeal Filed On: 29-09-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SRINIVASA RAO VANA
• Assessee Lawyers: V SUBBARAYAN DCIT RETD
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, CHENNAI , , % BEFORE SHRI GEORGE MATHAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER /. I.T.A. NO. 2400/CHNY/2017 / ASSESSMENT YEAR : 2010-11 THE ASSISTANT COMMISSIONER OF INCOME TAX, NON CORPORATE CIRCLE 1(1), FORMERLY KNOWN AS BUSINESS CIRCLE -1, CHENNAI. VS. SHRI P. BALAMURUGAN, NO. 6, RAJACHAR STREET, T NAGAR, CHENNAI 600 017. [PAN: AFNPB 5928G] ( / APPELLANT) ( &'( /RESPONDENT ) REVENUE BY : SHRI. SRINIVASA RAO VANA, JCIT ASSESSEE BY : SHRI V SUBBARAYAN, DCIT (RETD) / /DATE OF HEARING : 30.10.2018 / /DATE OF PRONOUNCEMENT : 30.10.2018 / O R D E R PER S. JAYARAMAN, ACCOUNTANT MEMBER : THE REVENUE FILED THIS APPEAL AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS)-2, CHENNAI IN ITA NO. 73/CIT(A )-2/2013-14 DATED 30.06.2017 FOR ASSESSMENT YEAR 2010-11. :-2-: ITA NO. 2400/CHNY/2017 2. ON HEARING THE LD. DR, WE FIND THAT THE TAX EFFE CT IN THIS CASE IS LESS THAN RS. 20 LAKHS. THE CBDT IN ITS CIRCULAR N O. 3/2018 DATED 11.07.2018 INSTRUCTED ITS OFFICERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WHERE THE TAX EFFECT IS LESS THAN R S. 20 LAKHS. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIR CULAR OF CBDT IS BINDING ON THE OFFICERS OF THE DEPARTMENT. THEREFORE, THE REVENUE CANNOT PROCEED FURTHER IN THIS APPEAL. ACCORDINGLY, THIS APPEAL STANDS DISMISSED. 3. IN THE RESULT, THE REVENUES APPEAL IS DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON 30 TH OCTOBER, 2018 AT CHENNAI. SD/- ( ) (GEORGE MATHAN) ! /JUDICIAL MEMBER SD/- ( ) (S. JAYARAMAN) ! /ACCOUNTANT MEMBER /CHENNAI, 4 /DATED: 30 TH OCTOBER, 2018 JPV /&6787 /COPY TO: 1. ( / APPELLANT 2. &'( /RESPONDENT 3. : ) ( /CIT(A) 4. : /CIT 5. 7& /DR 6. /GF