ACIT Central Circle 3(1), CHENNAI V. Dr. Madan Mohan Reddy , CHENNAI

ITA 2711/CHNY/2018

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 1203 (ITAT-CHENNAI)
• Duration Of Justice: 11 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-09-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2014-2015
• Appeal Filed On: 20-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R ANITHA
• Assessee Lawyers: N ARJUN RAJ C A SHRI S SRIDHAR
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, CHENNAI . . . , ! ' # , % #& BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER ./ ITA NOS.2707, 2708, 2709, 2710, 2711, 2712 & 2713/CHNY/2018 ) *) / ASSESSMENT YEARS : 2010-11 TO 2016-17 THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 3(1), CHENNAI - 600 034. V. DR. MADAN MOHAN REDDY, NO.43, Q BLOCK, 17 TH STREET, ANNA NAGAR (WEST), CHENNAI - 600 040. PAN : AGQPM 8435 K (,-/ APPELLANT) (./,-/ RESPONDENT) ,- 0 1 / APPELLANT BY : MS. R. ANITHA, JCIT ./,- 0 1 / RESPONDENT BY : SHRI N. ARJUN RAJ, CA FOR SHRI S. SRIDHAR, ADVOCATE 2 0 3% / DATE OF HEARING : 29.08.2019 45* 0 3% / DATE OF PRONOUNCEMENT : 03.09.2019 / O R D E R PER N.R.S. GANESAN, JUDICIAL MEMBER : THESE APPEALS OF THE REVENUE ARE DIRECTED AGAINST THE COMMON ORDER PASSED BY THE COMMISSIONER OF INCOME T AX (APPEALS) -19, CHENNAI, DATED 29.06.2018 AND PERTAI N TO ASSESSMENT YEARS 2010-11 TO 2016-17. 2 I.T.A. NOS.2707 TO 2713/CHNY/18 2. ON HEARING THE LD. DEPARTMENTAL REPRESENTATIVE, WE FIND THAT THE TAX EFFECT IN THESE CASES IS LESS THAN ` 50 LAKHS. THE CBDT IN ITS CIRCULAR NO.17/2019 DATED 08.08.2019 INCREAS ED THE MONETARY LIMIT FOR FILING APPEAL BEFORE THIS TRIBUNAL AND IN STRUCTED ITS OFFICERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WH ERE THE TAX EFFECT IS LESS THAN ` 50 LAKHS. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BINDING ON TH E OFFICERS OF THE DEPARTMENT. THEREFORE, THE REVENUE CANNOT PROCEED FURTHER IN THESE APPEALS. ACCORDINGLY, THESE APPEALS STAND DI SMISSED. 3. IN THE RESULT, ALL THE APPEALS FILED BY THE REVE NUE STAND DISMISSED. ORDER PRONOUNCED IN THE COURT ON 3 RD SEPTEMBER, 2019 AT CHENNAI. SD/- SD/- ( ! ' # ) ( . . . ) (INTURI RAMA RAO) (N.R.S. GANESAN) % / ACCOUNTANT MEMBER /JUDICIAL MEMBER /CHENNAI, 7 /DATED, THE 3 RD SEPTEMBER, 2019. KRI. 3 I.T.A. NOS.2707 TO 2713/CHNY/18 0 .389 :9*3 /COPY TO: 1. ,- /APPELLANT 2. ./,- /RESPONDENT 3. 2 ;3 () /CIT(A)-19, CHENNAI-34 4. PRINCIPAL CIT, CENTRAL-1, CHENNAI 5. 9< .3 /DR 6. ) = /GF.