DCIT (Exemptions) Circle, CHENNAI V. Jeppiaar Remibai Educational Trust, CHENNAI

ITA 298/CHNY/2019

• Counselvise Citation: [NaN] 107 COUNSELVISE.COM (IT) 2030 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 07-02-2019
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Section: 32; 147; 131; 68; 246; 69; 145; 27; 148; 54; 37; 6; 56; 263; 63; 132; 12; 28; 144; 10; 90; 154; 2; 11; 15; 271(1)(b); 139; 92

Judgement Text

आयकर अपीलीय अिधकरण, ‘सी’ ᭠यायपीठ, चे᳖ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH, CHENNAI Įी महावीर ͧसंह, उपाÚय¢ एवं Įी ͬगरȣश अĒवाल, लेखा सदèय के सम¢ BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENTAND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.: 298/CHNY/2019 िनधाᭅरण वषᭅ /Assessment Year: 2014-15 The DCIT, (Exemptions), Chennai Circle, Chennai – 34. v. M/s. Jeppiaar Remibai Educational Trust, Jeppiaar Nagar, Kunam, Sriperumbudur, Chennai – 631 604. PAN: AABTJ 4089R (अपीलाथᱮ/Appellant) (ᮧ᭜यथᱮ/Respondent) अपीलाथᱮ कᳱ ओर से/Appellant by : Shri G. Johnson, Addl.CIT ᮧ᭜यथᱮ कᳱ ओर से/Respondent by : Shri R.K.V. Sundar, Advocate स ु नवाई कȧ तारȣख/Date of Hearing : 03.03.2022 घोषणा कȧ तारȣख/Date of Pronouncement : 03.03.2022 आदेश /O R D E R PER GIRISH AGRAWAL, AM: This appeal by the Revenue is arising out of order by learned Commissioner of Income Tax (Appeals)-17, Chennai in ITA No.213/2017-18, dated 28.11.2018. The assessment was framed by the ITO, (Exemptions) Ward-2, Chennai for the assessment year 2014- 15 u/s.143(3) of the Income Tax Act, 1961 (hereinafter ‘the Act’), vide order dated 20.12.2016. 2. During the course of hearing before us, the ld.counsel for the assessee pointed out that the tax effect in this appeal is below Rs.50.00 2 I.T.A. Nos.298/Chny/2019 lakhs. The ld.counsel for the assessee further submitted that in view of the CBDT Circular No.17/2019, dated 08.08.2019 brought out by the Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, Government of India, the appeal was not maintainable and be dismissed. The Ld. Senior DR also agreed to the facts stated by the Ld.counsel for the assessee. 3. We have heard the rival submissions and perused the material on record. We find from the records before us that the tax involved in the disputed issue is below Rs.50 lakhs and therefore, in view of the CBDT Circular No. 17/2019 dated 08.08.2019 no appeal should be filed by the Revenue before the Tribunal which has tax effect of Rs. 50.00 lakhs or less and this circular is also applicable retrospectively to all pending appeals. Therefore, the appeal filed by the Revenue is dismissed. 4. In the result, the appeal filed by the Revenue is dismissed. Order pronounced in the open court on 3 rd March, 2022 at Chennai. Sd/- (महावीर ᳲसह ) (MAHAVIR SINGH) उपा᭟यᭃ /VICE PRESIDENT Sd/- (िगरीश अᮕवाल) (GIRISH AGRAWAL) लेखा सद᭭य /ACCOUNTANT MEMBER चे᳖ई/Chennai, ᳰदनांक/Dated, the 3 rd March, 2022 RSR आदेश कᳱ ᮧितिलिप अᮕेिषत/Copy to: 1. अपीलाथᱮ/Appellant 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुᲦ (अपील)/CIT(A) 4. आयकर आयुᲦ /CIT 5. िवभागीय ᮧितिनिध/DR 6. गाडᭅ फाईल/GF.