Deputy Commissioner of Income Tax Circle-4(1)(1), Bangalore V. M/s Kirlosker Electric Company Limited , Bangalore

ITA 2561/BANG/2018

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 6195 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-02-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 11-02-2020
• Assessment Year: 2014-2015
• Appeal Filed On: 11-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MANJEET SINGH
• Keywords: Tax effect
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN , VICE PRESIDENT AND SHRI A.K.GARODIA , ACCOUNTANT MEMBER ITA NO. 2561(BANG)/2018 ASSESSMENT YEAR : 2014 - 15 THE D CIT, BMTC DEPOT. KORAMANAGALA, BANGALORE - 5 60 095 VS. M/S KIRLOSKAR ELECTRIC COMPANY LTD. PB NO.5555, MALL E SHWARAM, BANGALORE - 560 055 PAN NO.AABCK2721Q APP ELL ANT RESPONDENT APPELLANT BY : SHRI MANJEET SINGH, ADDL.CIT RESPONDENT BY : SHRI SACHIN MEHTA, CA . DATE OF HEARING : 11 - 0 2 - 2020 DATE OF PRONOUNCEMENT : 12 - 0 2 - 2020 O R D E R PER N.V. VASUDEVAN , VICE PRESIDENT : THIS APPEAL IS BY THE REVENUE AGAINST THE ORDER DATED 20.01.2016 OF THE CIT(APPEALS) - 1 2 , BANGALORE FOR THE ASSESSMENT YEAR 201 4 - 201 5 . 2. ADMITTEDLY, THE TAX EFFE CT IN THIS APPEAL BY THE REVENUE IS LESS THAN RS. 5 0 LAKHS. IN VIEW OF THE CBDT IN CIRCULAR NO.17/2019, DATED 08.08.2019 , THE REVENUE CANNOT FILE APPEALS BEFORE THE TRIBUNAL WHERE THE TAX EFFECT IS LESS THAN RS. 5 0 LAKHS. SINCE THE TAX EFFECT IN THE PRESEN T APPEAL IS LESS THAN RS. 5 0 LAKHS, THIS APPEAL OF THE ITA NO. 2561 /BANG/2016 PAGE 2 OF 2 REVENUE IS LIABLE TO BE DISMISSED AS NOT MAINTAINABLE. ACCORDINGLY, THE APPEAL OF THE REVENUE IS DISMISSED. 3. IN THE RESULT, THE REVENUES APPEAL IS DISMISSED. PRONOU NCED IN THE OPEN COURT ON THIS 12 TH DAY OF FEBRUARY, 2020 . SD/ - SD/ - ( A.K.GARODIA ) ( N.V. VASUDEVAN) ACCOUNTANT MEMBER VICE PRESIDENT BANGALORE, DATED : 12 TH FEBRUARY , 2020 . A M* COPY TO: 1. AP P ELL ANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE.