Deputy Commissioner of Income-tax, Circle - 1(2), Pune V. E-Gain Communications Pvt.Ltd, Pune

ITA 2618/PUN/2017

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 6408 (ITAT-PUNE)
• Duration Of Justice: 4 year(s) 4 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-03-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 12-11-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect; Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH, ‘C’ PUNE BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI SONJOY SARMA, JUDICIAL MEMBER आयकर अपील सं. / ITA No.2618/PUN/2017 नधा रण वष / Assessment Year : 2013-14 DCIT, Circle-1(2), Pune Vs. e-Gain Communications Pvt. Ltd., Office No.702, 7 th Floor, B-1, The Cerebrum IT Park, Vadgaon Sheri, Kalyani Nagar, Pune 411 014 PAN : AAACN9946R Appellant Respondent आदेश / ORDER PER SONJOY SARMA, JM : This appeal by the Revenue arises out of the order passed by the CIT(A)-13, Pune on 11-08-2017 in relation to the assessment year 2013-14. 2. At the outset, the ld. DR submitted that the tax effect in the instant appeal is less than Rs.50.00 lakh. 3. The CBDT has issued circular No.17/2019 dated 08-08-2019 revising upward the monetary limits for filing of appeals by the Department in Income-tax Cases before various appellate forums. Assessee by : Shri Samkit Chauradiya Revenue by : Shri Piyush Kumar Singh Yadav Date of hearing : 21-03-2022 Date of pronouncement : 21-03-2022 ITA No.2618/PUN/2017 e-Gain Communications Pvt. Ltd., 2 The earlier circular No.03/2018 dated 11-07-2018 fixed monetary limit for filing of appeals by the Revenue before the Tribunal at Rs.20.00 lakh. Such limit has now been enhanced in the Circular dated 08-08-2019 to Rs.50.00 lakh. Since tax effect in the instant appeal is less than the revised monetary limit of Rs.50.00 lakh, we are not inclined to entertain this appeal. 4. At this juncture, it is pertinent to note that the CBDT vide F.No.279/Misc/M-13/2018-ITJ dated 20-08-2019 has clarified that the revised monetary limits so mentioned in Circular No.17/2019 are applicable to all pending appeals. In view of the foregoing discussion, we dismiss the appeal filed by the Revenue. However, it is made clear that if the tax effect in this appeal is found by the AO to be more than the prescribed monetary limit of Rs.50.00 lakh or the case(s) is found to be covered by an exception, it will be open to the Revenue to move the Tribunal for recalling the order. 5. In the result, the appeal is dismissed. Order pronounced in the Open Court on 21 st March, 2022. Sd/- Sd/- (R.S.SYAL) (SONJOY SARMA) VICE PRESIDENT JUDICIAL MEMBER पुणे Pune; िदनांक Dated : 21 st March, 2022 Satish ITA No.2618/PUN/2017 e-Gain Communications Pvt. Ltd., 3 आदेश की ितिलिप अ ेिषत/Copy of the Order is forwarded to: 1. अपीलाथ / The Appellant; 2. थ / The Respondent; 3. The CIT(A)-13, Pune 4. 5. 6. The Pr.CIT-1, Pune DR, ITAT, ‘C’ Bench, Pune गाड फाईल / Guard file. आदेशानुसार/ BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण ,पुणे / ITAT, Pune Date 1. Draft dictated on 21-03-2022 Sr.PS 2. Draft placed before author 21-03-2022 Sr.PS 3. Draft proposed & placed before the second member JM 4. Draft discussed/approved by Second Member. JM 5. Approved Draft comes to the Sr.PS/PS Sr.PS 6. Kept for pronouncement on Sr.PS 7. Date of uploading order Sr.PS 8. File sent to the Bench Clerk Sr.PS 9. Date on which file goes to the Head Clerk 10. Date on which file goes to the A.R. 11. Date of dispatch of Order.