ITO CORPORATE WARD 6(1), CHENNAI V. SBD TRADELINKS PRIVATE LIMITED, CHENNAI

ITA 2979/CHNY/2018

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 2543 (ITAT-CHENNAI)
• Duration Of Justice: 9 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-08-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 29-10-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: J PRABHAKAR
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, CHENNAI . . . , . !', $ '% BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER ./ ITA NO.2944/CHNY/2018 ' (' / ASSESSMENT YEAR : 2013-14 THE INCOME TAX OFFICER, CORPORATE WARD 6(1), CHENNAI - 600 034. V. M/S SBD MARKETING PVT. LTD., 62/202, VAIBHAV APARTMENT, EVK SAMPATH ROAD, VEPERY, CHENNAI - 600 007. PAN : AANCS 1852 L (*+/ APPELLANT) (,-*+/ RESPONDENT) *+ . / / APPELLANT BY : SHRI AR.V. SREENIVASAN, JCIT ,-*+ . / / RESPONDENT BY : SHRI J. PRABHAKAR, CA ./ ITA NO.2979/CHNY/2018 ' (' / ASSESSMENT YEAR : 2013-14 THE INCOME TAX OFFICER, CORPORATE WARD 6(1), CHENNAI - 600 034. V. M/S SBD TRADELINKS PVT. LTD., 62/202, VAIBHAV APARTMENT, EVK SAMPATH ROAD, VEPERY, CHENNAI - 600 007. PAN : AANCS 1853 M (*+/ APPELLANT) (,-*+/ RESPONDENT) *+ . / / APPELLANT BY : SHRI AR.V. SREENIVASAN, JCIT ,-*+ . / / RESPONDENT BY : SHRI J. PRABHAKAR, CA 2 I.T.A. NOS.2944 & 2979/CHNY/18 I.T.A. NOS.1899 & 1911/CHNY/ 19 ./ ITA NOS.1899 & 1911/CHNY/2019 ' (' / ASSESSMENT YEARS : 2005-06 & 2008-09 THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE -1(1), CHENNAI - 600 034. V. M/S ACCEL LIMITED, NO.75, NELSON MANICKAM ROAD, AMINJIKARAI, CHENNAI - 600 029. PAN : AAACA 3042 P (*+/ APPELLANT) (,-*+/ RESPONDENT) *+ . / / APPELLANT BY : SHRI AR.V. SREENIVASAN, JCIT ,-*+ . / / RESPONDENT BY : NONE 0 . 1$ / DATE OF HEARING : 23.08.2019 23( . 1$ / DATE OF PRONOUNCEMENT : 23.08.2019 / O R D E R PER N.R.S. GANESAN, JUDICIAL MEMBER : THESE APPEALS OF THE REVENUE ARE DIRECTED AGAINST T HE RESPECTIVE ORDERS OF THE COMMISSIONER OF INCOME TAX (APPEALS), CHENNAI. WE HEARD ALL THESE APPEALS OF THE REVENU E TOGETHER AND DISPOSING THE SAME BY THIS COMMON ORDER. 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 INCREASED THE MONETARY LIMIT FOR FILING APPEAL BEFORE THIS TRIBUNAL AND INSTRUCTED ITS OFFI CERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WHERE THE TAX EFFEC T IS LESS THAN ` 50 LAKHS. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BINDING ON THE OFFICERS OF THE DEPARTMENT. THEREFORE, THE 3 I.T.A. NOS.2944 & 2979/CHNY/18 I.T.A. NOS.1899 & 1911/CHNY/ 19 REVENUE CANNOT PROCEED FURTHER IN THESE APPEALS. A CCORDINGLY, THESE APPEALS STAND DISMISSED. 3. IN THE RESULT, ALL THE APPEALS OF THE REVENUE ST AND DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 23 RD AUGUST, 2019 AT CHENNAI. SD/- SD/- (. !' ) ( . . . ) (S. JAYARAMAN) (N.R.S. GANESAN) $ / ACCOUNTANT MEMBER /JUDICIAL MEMBER /CHENNAI, 5 /DATED, THE 23 RD AUGUST, 2019. KRI. . ,167 87(1 /COPY TO: 1. *+ /APPELLANT 2. ,-*+ /RESPONDENT 3. 0 91 () /CIT(A) 4. 0 91 /CIT, 5. 7: ,1 /DR 6. ;' < /GF.