DCIT Corporate Circle 4(2), CHENNAI V. NPT Offset Press Pvt. Ltd., CHENNAI

ITA 3201/CHNY/2017

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 3282 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 1 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-02-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 27-12-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH: CHENNAI , ! . , ' BEFORE SHRI GEORGE MATHAN, JUDICIAL MEMBER , AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ./ ITA NO.3201/CHNY/2017 /ASSESSMENT YEAR: 2013-14 THE DY. COMMISSIONER OF- INCOME TAX, CORPORATE CIRCLE-4(2), CHENNAI-600 034. VS. M/S.NPT OFFSET PRESS- PVT. LTD., NEW NO.111, OLD NO.77/78, AVAAI SHANMUGAM SALAI, ROYAPETTAH, CHENNAI-600 014. [PAN: AAACN 2413 M] ( & /APPELLANT) ( '(& /RESPONDENT) & ) / APPELLANT BY : MR. AR.V.SREENIVASAN, JCIT '(& ) /RESPONDENT BY : NONE ) /DATE OF HEARING : 12.02.2019 ) /DATE OF PRONOUNCEMENT : 12.02.2019 / O R D E R PER GEORGE MATHAN, JUDICIAL MEMBER : ITA NO.3201/CHNY/2017 IS AN APPEAL FILED BY THE RE VENUE AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEAL S)-8, CHENNAI, IN ITA NO.96/16-17 DATED 24.10.2017 FOR THE AY 2013-14 . 2. MR. AR.V.SREENIVASAN, JCIT, REPRESENTED ON BEHAL F OF THE REVENUE AND NONE REPRESENTED ON BEHALF OF THE ASSESSEE. ITA NO.3201/CHNY/2017 :- 2 -: 3. WHEN THE APPEAL OF REVENUE IS TAKEN UP FOR HEARI NG, THE REPRESENTATIVE OF THE REVENUE FAIRLY SUBMITTED THAT THE TAX EFFECT INVOLVED IN THE APPEAL OF REVENUE IS LESS THAN RS.20.00 LAKH S. IT WAS A SUBMISSION THAT THE CBDT IN ITS LATEST CIRCULAR NO.3/2018 DATE D 11.07.2018 INSTRUCTED ITS OFFICERS TO WITHDRAW ALL THE APPEALS PENDING BE FORE THE ITAT WHERE THE TAX EFFECT IS LESS THAN RS.20.00 LAKHS. THIS TRIBUN AL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BINDING ON TH E OFFICERS OF THE DEPARTMENT. THEREFORE, THE REVENUE CANNOT PROCEED F URTHER IN THIS APPEAL. ACCORDINGLY, THE APPEAL FILED BY THE REVENU E STANDS DISMISSED. 4. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THE 12 TH DAY OF FEBRUARY, 2019 IN CHENNAI. SD/- SD/- ( . ) ( A. MOHAN ALANKAMONY ) ! /ACCOUNTANT MEMBER ( ) (GEORGE MATHAN) ! /JUDICIAL MEMBER /CHENNAI, 1 /DATED: 12 TH FEBRUARY, 2019. TLN ) '23 43 /COPY TO: 1. & /APPELLANT 4. 5 /CIT 2. '(& /RESPONDENT 5. 3 ' /DR 3. 5 ( ) /CIT(A) 6. /GF