ITO, Ward - 5(4), , Kolkata V. M/s. Harshratna Finance & Investment Pvt. Ltd., , Kolkata

ITA 2465/KOL/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 7021 (ITAT-KOLKATA)
• Duration Of Justice: 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 26-11-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A K BANDOPADHYAY DR ITAT
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA SMC BENCH, KOLKATA [BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER] I.T.A. NO. 2465/KOL/2018 ASSESSMENT YEAR: 2014-15 INCOME TAX OFFICER, WD-5(4), KOLKATA................................................APPELLANT M/S. HARSHARATNA FINANCE & INVESTMENTS PVT. LTD.......RESPONDENT 27, SHAKESPEARE SARANI KOLKATA 700 017 [PAN : AAACV 7427 R] APPEARANCES BY: NONE, APPEARED ON BEHALF OF THE ASSESSEE. SHRI A.K. BANDOPADHYAY, D/R (ITAT), APPEARING ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : MARCH 25 TH , 2019 DATE OF PRONOUNCING THE ORDER : APRIL 26 TH , 2019 O R D E R PER J. SUDHAKAR REDDY :- THE UNDISPUTED FACT IN THIS APPEAL IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS. 20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F. NO. 279/MISC. 142/2007-ITJ (PT), DT. 11 TH JULY, 2018. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THE APPEAL OF THE REVENUE IS DISMISSED. 2. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. KOLKATA, THE 26 TH DAY OF APRIL, 2019. SD/- SD/- [S.S. GODARA] [ J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 26.04.2019 {SC SPS} 2 I.T.A. NO. 2465/KOL/2018 ASSESSMENT YEAR: 2014-15 M/S. HARSHARATNA FINANCE & INVESTMENTS PVT. LTD COPY OF THE ORDER FORWARDED TO: 1. M/S. HARSHARATNA FINANCE & INVESTMENTS PVT. LTD 27, SHAKESPEARE SARANI KOLKATA 700 017 2. INCOME TAX OFFICER, WD-5(4), KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES