Income Tax Officer Ward-3, Tumkur V. M/s Sacred Heart Souhard Credit Co-operative Ltd , Tumkur

ITA 280/BANG/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 5052 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 5 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-08-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2009-2010
• Appeal Filed On: 07-02-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MRS PADMA ME ENAKSHI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, BENCH 'B' BEFORE SHRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI JASON P BOAZ, ACCOUNTANT MEMBER SN ITA NO. PAN NO ASST. YEAR RESPONDENT APPELLANT ASSESSEE BY 1. 785/BANG/2016 ADJPPD898H 2007-08 J PRASHANTH HEGDE TIMBER MERCHANTS, 1 ST MAIN MISSION COMPOUND SHIVAMOGGA. THE DCIT, CIRCLE-1, SHIMOGA RAVISHANKAR ADVOCATE 2. 536/BANG/2016 AAIFS5094A 2013-14 SHANTHI VIJAY SAW MILL, NO.342/16, MYSORE ROAD, BANGALORE. THE ITO, WARD- 5(2)(4), BLORE V SRINIVASAN ADVOCATE 3. 847/BANG/2016 AAABS1891D 2010-11 SRI JATANGI RAMESHWARA GRAMANATHARAR ABHIVRUDDI SANGHA, RAMPURA VILLAGE, MOLAKALMURU CHITRADURGA. THE ITO (EXEMPTION), WARD-1, HUBLI. SANDEEP C, C.A 4. 280/BANG/2017 AAJS23139G 2009-10 SACRED HEART SOUHARD CREDIT CO-OPERATIVE LTD., OUR LADY OF LORDS CHURCH, HORPET, TUMAKURU. THE ITO, WARD- 3, TUMAKURU SANDEEP C, C.A 5. 1541/BANG/2017 AAAJC0097P 2013-14 CENTRE FOR ENTREPRENEURSHIP DEVELOPMENT OF KARNATAKA, BELUR INDUSTRIAL AREA DHARWAD. THE ITO (EXEMPTION), WARD-1, HUBLI. RR KULKARNI, C.A 6. 968/BANG/2017 AAAF16234H 2013-14 THE PROFESSIONAL COURIERS, NO.195, MARGOSA ROAD, MALLESWARAM, BANGALORE. THE ACIT, CIRCLE-2(2)(1), BLORE. NONE 7. 1331/BANG/2017 AAAJB0915D 2014-15 BHAVASAR KSHATRIYA CO- OPERATIVE CREDIT SOCIETY LTD., HUBBALLI. THE ITO WARD-1(1), HUBLI. SOWMYA K, ADVOCATE 8. 1452/BANG/2017 AABCK2721Q 2010-11 M/S KIRLOSKAR ELECTRIC CO. LTD., PB NO.5555, MALLESWARAM WEST, BANGALORE. THE ITO WARD-4(1)(2), BANGALORE. SUNIL MEHTA, C.A ITANOS.536,785,847/B/16, 280,1541,968,1331, 1452,1562,1571,1719,2115,/B/17 & 126, 358, 907, 908, 1078, 1084, 1085 1819, 1820, 1901, 2095, 1256, 1512, 1514, 1563, 1613/B/18 2 9. 1562/BANG/2017 AAABM0385Z 2014-15 M/S MICO EMPLOYEES CREDIT CO- OPERATIVE LTD., NO.17/1/32, KAMADHENU, BENNERGHATTA ROAD, BANGALORE. THE ITO, WARD-7(2)(3), BLORE . V SRINIVASAN, ADVOCATE 10. 1571/BANG/2017 AAAJV0284H 2013-14 M/S VALSALA SAUHARDHA CREDIT, CO-OPERATIVE SOCIETY LTD., NO.148A, 6 TH MAIN, 3 RD CROSS, 2 ND STAGE, INDUSTRIAL SUBURB, BANGALORE. THE ITO, WARD-6(2)(1), BLORE NONE 11. 1719/BANG/2017 AAAAK2670H 2008-09 M/S KAMMAVARI CREDIT CO-OPERATIVE SOCIETY LTD., NO.1, 22 ND MAIN, JAYANAGAR, HSBC LAYOUT, PADMANABHANAGAR, BLORE. THE ITO, WARD-7(2)(4), BLORE ARVIND V CHAVAN, ADVOCATE 12. 2115/BANG/2017 AACTS4573L. 2013-14 M/S SHRIMAD RAJCHANDRA GYAN MANDIR TRUST, BESIDES SBI ZONAL OFFICE, KUSUGAL ROAD, KESHWAPUR, HUBLI. THE ITO (EXEMPTION), WARD-1, HUBLI. SOWMYA, ADVOCATE 13. 126/BANG/2018 AABCK7679R 2011-12 M/S KARE ELECTRONICS & DEVELOPMENT PVT. LTD., NO.20, 1 ST FLOOR, EDEN PARK, VITTAL MALLYA ROAD BANGALORE. THE ITO WARD-4(1)(2) BANGALORE. B.K MANJUNATH C.A 14. 358/BANG/2018 AACCS4034R 2012-13 M/S SRI KAKULAM TEXTILES LTD., APMC YARD, CHITRADURGA. THE ACIT, CIRCLE-2(1), DAVANGERE. DR. SHANKAR PRASAD, ADDL. CIT 15- 16 907&908/BANG/2018 ADOPB9307L 2010-11 & 2011-12 SRI CHANDRASHEKAR BHAT, NO.70, 5 TH CROSS, NARAYANAPPA LAYOUT, RT NAGAR, BLORE. THE DCIT, CENTRAL CIRCLE- 1(1), BLORE. NONE 17. 1078/BANG/2018 AAACV7888H 2014-15 M/S URS CONSULTING PVT. LTD., NO.337, KARUNA COMPLEX, SAMPIGE ROAD, MALLESWARAM BANGALORE. THE DCIT, CIRCLE-7(1)(1), BLORE. SHRI PRAKASH HEGDE, C.A 18- 19 1084/BANG/2018 AABTS65583M 2014-15 1085/BAN/2018 AABTS6581K. SOCIETY OF SISTERS OF CHARITY, GEROSA CONVENT, BELVEDERE, KANKANADY NAGORI, MANGALORE. THE ITO (EXEMPTION), WARD-1, HUBLI. SMT. K SOWMYA, ADVOCATE 20- 21 1819/BANG/2018 AACAS9807J 2012-13 1820/B/2018 AAJJ0083E 2013-14 M/S SSK PATTINA SAHAKARI SANGH NIYAMIT, NEAR AMBA BHAVANI TEMPLE, ILLAL TQ. HUNGUND DIST. BAGALKOT. THE ITO WARD-1 & TPS, BAGALKOT. NONE ITANOS.536,785,847/B/16, 280,1541,968,1331, 1452,1562,1571,1719,2115,/B/17 & 126, 358, 907, 908, 1078, 1084, 1085 1819, 1820, 1901, 2095, 1256, 1512, 1514, 1563, 1613/B/18 3 22. 1901/BANG/2018 ACLPB7950R 2008-09 SRI SIRWAR BASAVARAJ NO.9/18, II CROSS, GANDHI NAGAR, BELLARY THE ACIT CIRCLE-1, BELLARY. NONE 23. 2095/BANG/2018 AADTS3885J 2014-15 KANIKA PARMESHWARI CO-OP BANK, 3 RD MAIN, PJ EXTN., DAVANGERE. THE ACIT, CIRCLE-1, DAVANGERE. NONE 24. 1256/BANG/2018 AAECA1859J 2011-12 M/S ASSYSTEM INDIA LTD., XYLEM, 2 ND FLOOR, A BLOCK PLOT NO.4 & 4A, DYAVASANDRA INDUSTRIAL AREA, MAHADEVAPURA POST, ITPB MAIN ROAD, WHITEFIELD, BANGALORE. THE ITO, WARD-1(1)(2), BANGALORE. SRINIVAS K.P 25. 1512/BANG/2018 AAHCA2968D. 2013-14 M/S SATTVA AERO ACCESSORIES AND SYSTEMS PVT. LTD., NO.91, 11 TH MAIN, BEGUR MAIN ROAD, HONGASANDRA, BANGALORE. THE ITO WARD-6(1)(1), BANGALORE. NONE 26. 1514/BANG/2018 AAAJM0409K 2014-15 M/S MAHALAXMIPURA SRI VASAVI CREDIT CO-OP SOCIETY LTD., NO.88G, 13 TH CROSS, MAHALAKSHMI LAYOUT, BANGALORE. THE ITO WARD-6(2)(2), BANGALORE. MADHUKAR HEGDE, C.A 27. 1563/BANG/2018 AADCA2399A9 2012-13 M/S ADVAITH MOTORS PVT. LTD., NO.12, SHAMRAO COMPOUND MISSION ROAD, BANGALORE. THE ITO WARD-1(1)(4), BANGALORE. H VINAY KUMAR 28. 1613/BANG/2018 ASOPM2114F 2013-14 SMT. MALLIKA, MELURU VILLAGE POST, MELURU, SIDLAGHATTA TALUK, CHIKKABALLAPUR DIST. THE ITO WARD-1, CHIKKABALLAPUR. H GURUSWAMY REVENUE BY : MRS. PADMA ME ENAKSHI, CIT DATE OF HEARING : 01-08-2018 DATE OF PRONOUNCEMENT : 03-08-2018 ITANOS.536,785,847/B/16, 280,1541,968,1331, 1452,1562,1571,1719,2115,/B/17 & 126, 358, 907, 908, 1078, 1084, 1085 1819, 1820, 1901, 2095, 1256, 1512, 1514, 1563, 1613/B/18 4 O R D E R PER BENCH THE ABOVE LISTED APPEALS AT THE INSTANCE OF THE REV ENUE ARE DIRECTED AGAINST THE RESPECTIVE IMPUGNED ORDERS PASSED BY THE RESPEC TIVE ID. COMMISSIONER OF INCOME TAX (APPEALS) FOR RESPECTIVE ASSESSMENT Y EARS AS INDICATED ABOVE. 2. IN ALL THE ABOVE APPEALS, THE TAX EFFECT PERTAIN ING TO THE AMOUNT DISPUTED BY THE REVENUE IS LESS THAN THE MONETARY LIMIT OF R S. 20 LAKH FIXED BY THE CBDT IN CIRCULAR NO. 03/2018, DATED 11/07/2018, WHI CH IS IN SUPERSESSION OF ITS CIRCULAR NO. 21/2015 DATED 10/12/2015, IN RE LATION TO FILING OF APPEALS BEFORE THE INCOME TAX APPELLATE TRIBUNAL. TAKING IN TO CONSIDERATION THE - ABOVE, AND ALSO THE FACT THAT THE CBDT CIRCULAR UND ER REFERENCE APPLIES RETROSPECTIVELY EVEN TO PENDING APPEALS, WE HOLD TH AT THE ABOVE LISTED APPEALS FILED BY THE REVENUE ARE NOT MAINTAINABLE A ND LIABLE TO BE DISMISSED IN LIMINE. 3. IN THE RESULT, THE ABOVE LISTED APPEALS OF THE R EVENUE ARE DISMISSED. REGISTRY IS DIRECTED TO INFORM THE PARTIES ACCORDIN GLY. ITANOS.536,785,847/B/16, 280,1541,968,1331, 1452,1562,1571,1719,2115,/B/17 & 126, 358, 907, 908, 1078, 1084, 1085 1819, 1820, 1901, 2095, 1256, 1512, 1514, 1563, 1613/B/18 5 ORDER PRONOUNCED IN THE OPEN COURT ON 3RD AUGUST, 2018 . SD/- SD/- (SUNIL KUMAR YADAV) (JASON P BO AZ) JUDICIAL MEMBER ACCOUNTANT MEMB ER BANGALORE DATED : 3/8/2018 VMS COPY TO :1. THE ASSESSEE 2. THE REVENUE 3.THE CIT CONCERNED. 4.THE CIT(A) CONCERNED. 5.DR 6.GF BY ORDER SR. PRIVATE SECRETAR Y, ITAT, BANGALORE ITANOS.536,785,847/B/16, 280,1541,968,1331, 1452,1562,1571,1719,2115,/B/17 & 126, 358, 907, 908, 1078, 1084, 1085 1819, 1820, 1901, 2095, 1256, 1512, 1514, 1563, 1613/B/18 6 1. DATE OF DICTATION 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER . 3. DATE ON WHICH THE APPROVED DRAFT COMES TO SR. P.S... 4. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER .. 5. DATE ON WHICH THE FAIR ORDER COMES BACK TO THE S R. P.S. .. 6. DATE OF UPLOADING THE ORDER ON WEBSITE.. 7. IF NOT UPLOADED, FURNISH THE REASON FOR DOING SO .. 8. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK .. 9. DATE ON WHICH ORDER GOES FOR XEROX & ENDORSEMENT.. 10. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK . 11. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER . 12. THE DATE ON WHICH THE FILE GOES TO DISPATCH SEC TION FOR DISPATCH OF THE TRIBUNAL ORDER . 13. DATE OF DESPATCH OF ORDER. ..