The DCIT,(OSD), Circle-8, Ahmedabad V. M/s. Zen Industries Pvt.Ltd., Ahmedabad

ITA 3093/AHD/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 0754 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 8 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-08-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 26-08-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 26-12-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: P ARIN SHAH HEARING CONCLUDED
• Keywords: Tax effect

Judgement Text

ITA NO.3093 /AHD/201 3 ASSESSMENT YEAR: 2010 - 11 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD C BENCH, AHMEDABAD [CORAM: PRAMOD KUMAR AM AND MAHAVIR PRASAD JM] IT A NO .3093 /AHD/201 3 ASSESSMENT YEAR : 20 10 - 11 DCIT (OSD) ............APPELLANT CIRCLE 8, AHMEDABAD. VS ZEN INDUSTRIES PVT. LTD. ...........RESPONDENT 8 TH FLOOR, THE CHAMBERS, OPP. NEW GURUDWARA SG HIGHWAY, AHMEDABAD [A AACZ 1598 D ] APPEARANCES BY P RASOON KABRA FOR THE APPELLANT P ARIN SHAH FOR THE RESPONDENT HEARING CONCLUDED ON: 26 /0 8 /16 ORDER PRONOUNCED ON : 26 /08/16 O R D E R PER PRAMOD KUMAR , AM: 1. BY WAY OF THIS APPEAL, THE ASSESSING OFFICER HAS CHALLENGED CORRECTNESS OF THE ORDER DATED 27.09.2013, PASSED BY THE L EARNED CIT(A), FOR THE ASSESSMENT YEAR 20 10 - 11. 2. WE HAVE NOTICED THAT THE TAX EFFECT INV OLVED IN THIS APPEAL IS LESS THAN RS.10,00,000/ - . IN VIEW OF THIS UNDISPUTED FACT AND IN THE LIGHT OF CBDT CIRCULAR NO.21/2015 DATED 10 TH DECEMBER, 2015, WE ARE OF THE CONSIDERED VIEW THAT THIS APPEAL IS LIABLE TO BE DISMISSED AS WITHDRAWN FOR THE SIMPLE REASON THAT TAX EFFECT INVOLVED IN THE APPEAL IS LESS THAN RS.10,00,000/ - . ITA NO.3093 /AHD/201 3 ASSESSMENT YEAR: 2010 - 11 PAGE 2 OF 2 5 . IN THE RESULT, APPEAL FILED BY AO IS DISMISSED . PRONOUNCED IN THE OPEN COUR T TODAY ON THE 26 TH DAY OF AUGUST, 2016. SD/ - SD/ - MA HAVIR PRASAD PRAMOD KUMAR (JUDICIAL MEMBER) (ACCOUNTANT MEMBER) DATED: 26 TH DAY OF AUGUST ,2016 . COPIES TO : (1) THE APPELLANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD