ITO, Ward - 1(4), Kolkata , Kolkata V. M/s. Blue Chip India Pvt. Ltd., , Kolkata

ITA 2518/KOL/2017

• Counselvise Citation: [2018] 121 COUNSELVISE.COM (IT) 6521 (ITAT-KOLKATA)
• Duration Of Justice: 3 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-04-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2012-2013
• Appeal Filed On: 22-12-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PIYUSH MUKHERJEE
• Assessee Lawyers: MIRAJ D SHAH ASSESSSEE
• 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. 2518 / KOL /201 7 ASSESSMENT YEAR: 20 12 - 13 INCOME TAX OFFICER , KOLKATA.. . . . APPELLANT WARD NO. 1(4), P - 7, CHOWRINGHEE SQUARE , AAYAKAR BHAWAN, 7 TH FLOOR, KOLKATA 700 069 M/S. BLUE CHIP INDIA PVT. LTD. . . ... RESPONDENT 10, PRINCEP STREET, 2 ND FLOOR, KOLKATA 700 072. [PAN : AABCB 9381 K ] APPEARANCES BY: SHRI PIYUSH MUKHERJEE , ADDL. CIT , APPEARED ON BEHALF OF THE REVENUE. SHRI MIRAJ D SHAH APPEARING ON BEHALF OF THE ASSESSSEE. DATE OF CONCLUDING THE HEARING : MARCH 12 , 2018 DATE OF PRONOUNCING THE ORDER : APRIL 1 2 TH , 2018 ORDER PER J. SUDHAKAR REDDY, AM : - THIS IS AN APPEAL FILED BY THE REVENUE DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 1 , KOLKATA , (HEREINAFTER THE LD. CIT(A)), DT. 26 / 09 /201 7 , PASSED U/S 250 OF THE INCOME TAX ACT, 1961 (HEREINAFTER THE ACT), RELATING TO ASSESSMENT YEAR 2012 - 13 . 2 . THIS APPEAL OF THE REVENUE IS TO BE DISMISSED AS NOT MAINTAINABLE IN VIEW OF THE CBDT CIRCULAR NO. 21/2015, DATED 10TH DECEMBER, 2015, AS THE TAX EFFECT IS ADMITTEDLY BELOW RS. 10 LAKHS. 3 . IN THE RESULT THE APPEAL OF THE REVENUE IS DISMISSED. KOLKATA, THE 1 2 TH DAY OF APRIL , 201 8 . SD/ - [ J. SUDHAKAR REDDY ] ACCOUNTANT MEMBER DATED : 1 2 .0 4 .201 8 {SC SPS} 2 I.T.A. NO. 2518 /KOL /2017 ASSESSMENT YEAR: 2012 - 13 M/S. BLUE CHIP INDIA PVT. LTD. COPY OF THE ORDER FORWARDED TO: 1. ITO WARD 1(4), KOLKATA, P - 7, CHOWRINGHEE SQUARE AAYAKRA BHAWAN, 7 TH FLOOR KOLKATA 700 069 2. M/S. BLUE CHIP INDIA PVT. LTD. 10, PRINCEP STREET, 2 ND FLOOR, KOLKATA 700 072 3. CIT(A) - 4. CIT - , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER SENIOR PRIVATE SECRETARY HEAD OF OFFICE/ D.D.O. ITAT, KOLKATA BENCHES