ACIT, Coimbatore V. Shri A. Chandrasekaran, Trichy

ITA 2708/CHNY/2016

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 4963 (ITAT-CHENNAI)
• Duration Of Justice: 6 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-04-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 03-04-2017
• Assessment Year: 2008-2009
• Appeal Filed On: 19-09-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: B SAHADEVAN IRS
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL B (SMC) BENCH : CHENNAI . , ! [BEFORE SHRI ABRAHAM P. GEORGE, ACCOUNTANT M EMBER ] ./I.T.A. NO.2708/MDS/2016 / ASSESSMENT YEAR : 2008-2009 THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2) CHENNAI. VS SHRI. S. CHANDRASEKARAN, 7/4, SANKARAN PILLAI STREET, NEAR S.R. COLLEGE, TRICHY 620 002. [PAN AACPC 6597N] ( '# / APPELLANT) ( $%'# /RESPONDENT) / APPELLANT BY : SHRI. B. SAHADEVAN, IRS, JCIT. /RESPONDENT BY : SHRI. Y. SRIDHAR, C.A. /DATE OF HEARING : 03-04-2017 ! /DATE OF PRONOUNCEMENT : 12-04-2017 & / O R D E R THIS APPEAL OF THE REVENUE IS DIRECTED AGAINST AN ORDER DATED 30.06.2016 OF THE COMMISSIONER OF INCOME-TAX (APPEALS)-18, CHENNAI. 2. LD. COUNSEL FOR THE ASSESSEE AT THE OUTSET SUBMITTE D THAT TAX ON THE TOTAL INCOME COMPUTED BY THE LD. ASSESSI NG OFFICER WAS ONLY ITA NO. 2708/MDS/2016 :- 2 -: A3,10,520/- AND ACCORDINGLY BY VIRTUE OF CBDT CIRC ULAR NO.21/2015, DATED 10.12.2015, THE APPEAL WILL NOT LIE. 3. PER CONTRA, LD. DEPARTMENTAL REPRESENTATIVE FAIRLY AGREED THAT DISALLOWANCE DELETED BY THE LD. COMMISSIONER O F INCOME TAX (APPEALS) IN THE APPEAL OF THE ASSESSEE WAS A3,10, 520/- AND TAX EFFECT THEREOF WAS LESS THAN THE LIMIT MENTIONED IN THE CBDT CIRCULAR. 4. WE HAVE CONSIDERED THE RIVAL CONTENTIONS AND PERUSE D THE ORDERS OF THE AUTHORITIES BELOW. BY VIRTUE OF CIRCU LAR NO.21/2015, DATED 10.12.2015, AN APPEAL OF THE REVENUE WOULD NOT LIE BEFORE THIS TRIBUNAL WHERE THE TAX EFFECT IS LESS THAN A10,00,0 00/-. 5. IN THE RESULT, THE APPEAL OF THE REVENUE STANDS DIS MISSED. ORDER PRONOUNCED ON WEDNESDAY, THE 12 TH DAY OF APRIL , 2017, AT CHENNAI. SD/- ( . ) (ABRAHAM P. GEORGE) / ACCOUNTANT MEMBER '# / CHENNAI $% / DATED:12 TH APRIL, 2017 KV %& '()( / COPY TO: 1 . / APPELLANT 3. *+, / CIT(A) 5. (-. / / DR 2. / RESPONDENT 4. * / CIT 6. .01 / GF