ACIT, Alwar V. ALWAR BHARATPUR ANCHALIK GRAMIN BALNK, Alwar

ITA 253/JPR/2011

• Counselvise Citation: [2011] 119 COUNSELVISE.COM (IT) 7197 (ITAT-JAIPUR)
• Duration Of Justice: 4 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-08-2011
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 24-03-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D K MEENA
• Keywords: Tax effect

Judgement Text

1 ITA 253-11 IN THE INCOME TAX APPELLATE TRIBUNAL JAIPUR BENCH A JAIPUR BEFORE SHRI R.K. GUPTA AND SHRI N.L. KALRA ITA NO. 253/JP./2011 ASSTT. YEAR : 2006-07. THE ACIT, CIRCLE-1, VS. M/S. ALWAR BHARATPUR ANC HALIK ALWAR. GRAMIN BANK, LAJPAT NAGAR, SCHEME NO 2, ALWAR. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI D.K. MEENA RESPONDENT BY : SHRI P.C. PARWAL ORDER DATED : 12/08/2011. PER R.K. GUPTA, J.M. THIS IS AN APPEAL BY REVENUE AGAINST THE ORDER OF LD. CIT (A) RELATING TO ASSESSMENT YEAR 2006-07 WHEREIN THE REVENUE IS AGGR IEVED THAT THE LD. CIT (A) HAS DELETED THE DISALLOWANCE OF DEDUCTION UNDER SECTION 80P(2)(A)(I) OF RS. 8,62,251/- OF THE I.T. ACT. 2. AFTER HEARING BOTH THE PARTIES AS WELL AS THE M ATERIALS AVAILABLE ON RECORD, THE BENCH NOTED THAT TAX EFFECT IN THE PRESENT CASE OF THE DEPARTMENTAL APPEAL IS LESS THAN RS. 3.00 LACS, WHICH IS NOT MAINTAINABLE IN VIEW OF THE CBDT INSTRUCTION NO. 3/2011 DATED 09.02.2011. THEREFORE, THE SOLITARY GROUND OF THE R EVENUE IS DISMISSED. 3. IN THE RESULT, APPEAL OF THE DEPARTMENT IS DISMI SSED. 4. THE ORDER IS PRONOUNCED IN THE OPEN COURT ON 12. 8.2011. SD/- SD/- ( N.L. KALRA ) ( R.K. GUPTA ) ACCOUNTANT MEMBER JUDICIAL MEMBER 2 JAIPUR, D/- COPY FORWARDED TO :- THE ACIT, CIRCLE-1, JAIPUR. M/S. ALWAR BHARATPUR ANCHALIK GRAMIN BANK, ALWAR. THE CIT (A) THE CIT THE D/R GUARD FILE (ITA NO. 253/JP/2011) BY ORDER, AR ITAT JAIPUR.