The ACIT, Bharuch Circle, Bharuch V. M/s. J.P. Industries, Bharuch

ITA 2673/AHD/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 0251 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 11 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-10-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 19-10-2016
• Assessment Year: 2008-2009
• Appeal Filed On: 15-11-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SHIVA SEWAK
• Assessee Lawyers: M K PATEL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH (BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER & SHRI S. S. GODARA, JUDICIAL MEMBER) ITA. NO: 2673/AHD/2013 (ASSESSMENT YEAR: 2008-09) ASSISTANT COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE, BHARUCH V/S M/S. JP INDUSTRIES PLOT NO. 1701, GIDC ESTATE, ANKLESHWAR, BHARUCH (APPELLANT) (RESPONDENT) PAN: AAACK8054D APPELLANT BY : SHRI SHIVA SEWAK, SR. D.R. RESPONDENT BY : SHRI M.K. PATEL, A.R. ( )/ ORDER DATE OF HEARING : 19 -10-201 6 DATE OF PRONOUNCEMENT : 19-10-2016 PER N.K. BILLAIYA, ACCOUNTANT MEMBER: 1. THIS APPEAL BY THE REVENUE IS PREFERRED AGAINST THE ORDER OF LD. CIT(A)-VI, BARODA DATED 13.08.2013 PERTAINING TO A.Y. 2008-09. ITA NO2673/A HD/2013 . A.Y. 2008-09 2 2. THE REVENUE IS AGGRIEVED BY THE DELETION OF THE PEN ALTY OF RS. 6,27,440/- OUT OF THE TOTAL PENALTY LEVIED BY THE A.O. AT RS. 15,73,400/-. 3. AT THE VERY OUTSET, THE APPEAL OF THE REVENUE HAS T O BE DECIDED IN THE LIGHT OF THE CIRCULAR OF CBDT NO. 21 OF 2015 DATED 10.12. 2015 BY WHICH THE CBDT HAS FIXED THE MONETARY LIMIT FOR FILING THE APPEAL BEFORE THE APPELLATE TRIBUNAL AT RS. 10 LACS AND ABOVE. 4. IN THE LIGHT OF THE CBDT CIRCULAR, THIS APPEAL BY T HE REVENUE IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 19 - 10- 201 6. SD/- SD/- (S. S. GODARA) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD: TRUE COPY RAJESH COPY OF THE ORDER FORWARDED TO: - 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT (APPEALS) 4. THE CIT CONCERNED. 5. THE DR., ITAT, AHMEDABAD. 6. GUARD FILE. BY ORDER DEPUTY/ASSTT.REGISTRAR ITAT,AHME DABAD