S. M. Carriers Pvt. Ltd., Kolkata V. CIT, (A)-4, KOLKATA, Kolkata

ITA 248/KOL/2015

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 4536 (ITAT-KOLKATA)
• Duration Of Justice: 3 year(s) 4 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-08-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 13-03-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH A, KOLKATA BEFORE SHRI J. SUDHAKAR REDDY, AM AND SHRI S.S. VISWANETHRA RAVI, AM I.T.A. NO. 248/KOL/2015 ASSESSMENT YEAR: 2011-12 S.M. CARRIERS PVT. LTD..................................................................................APPELLANT 104, S.P. MUKHERJEE ROAD, KALIGHAT, KOLKATA 700 026. [PAN : AAJCS 1430 N] VS. DCIT, CIRCLE 10(2) KOLKATA..................RESPONDENT AAYAKAR BHAWAN, 3 RD FLOOR, P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. I.T.A. NO. 347/KOL/2015 ASSESSMENT YEAR: 2011-12 DCIT, CIRCLE 10(2) KOLKATA.....................APPELLANT AAYAKAR BHAWAN, 3 RD FLOOR, P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. VS. S.M. CARRIERS PVT. LTD.............................................................................RESPONDENT 104, S.P. MUKHERJEE ROAD, KALIGHAT, KOLKATA 700 026. [PAN : AAJCS 1430 N] APPEARANCES BY: SHRI SUBASH AGARWAL, ADVOCATE APPEARING ON BEHALF OF THE ASSESSEE SHRI SALLONG YADEN, ADDL. CIT APPEARING ON BEHALF OF THE REVENUE DATE OF CONCLUDING THE HEARING : MAY 15, 2018 DATE OF PRONOUNCING THE ORDER : AUGUST 03, 2018 ORDER PER S.S. VISWANETHRA RAVI, JM ITA 248/KOL/2015 THE LEARNED AR SUBMITTED THAT THE ASSESSEE IS NOT INTERESTED TO CONTEST THE GROUNDS RAISED IN APPEAL NO 248/K/2015 AND ACCORDINGLY THE GROUNDS RAISED BY THE ASSESSEE IN THE SAID APPEAL DISMISSED AS NOT PRESSED. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DISMISSED. 2 I.T.A. NOS. 248 & 347/KOL/2015 ASSESSMENT YEAR: 2011-12 S.M. CARRIERS PVT. LTD. ITA 347/KOL/2015 IN THE REVENUE APPEAL, THE UNDISPUTED FACT 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 AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THE APPEAL IS DISMISSED AS WITHDRAWN. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 3 RD AUGUST, 2018. SD/- SD/- J. SUDHAKAR REDDY S.S. VISWANETHRA RAVI ACCOUNTANT MEMBER JUDICAL MEMBER DATED: 03/08/2018 BISWAJIT, SPS COPY OF ORDER FORWARDED TO: 1. S.M. CARRIERS PVT. LTD., 104, S.P. MUKHERJEE ROAD, KALIGHAT ROAD, KOLKATA 700 026. 2. ACIT CIRCLE 10(2), P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. 3. THE CIT(A) 4. THE CIT 5. DR TRUE COPY, BY ORDER, SR. P.S. / H.O.O. ITAT, KOLKATA