DCIT, CHENNAI V. Subramanian Engineering Ltd., CHENNAI

ITA 3318/CHNY/2016

• Counselvise Citation: [2017] 130 COUNSELVISE.COM (IT) 7579 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2017
• Appeal Filed By: Department
• Bench Allotted: C
• Assessment Year: 2012-2013
• Appeal Filed On: 08-12-2016
• Court: TRIBUNAL
• Department Lawyers: A V SREEKANTH
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, CHENNAI , . , ' # BEFORE SHRI SANJAY ARORA, ACCOUNTANT MEMBER AND SHRI G. PAVAN KUMAR, JUDICIAL MEMBER ./ I.T.A. NO. 3318/MDS/2016 / ASSESSMENT YEAR : 2012-13 DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 6(2), AAYAKAR BHAVAN, NEW BLOCK, 7TH FLOOR 121, M.G. ROAD, CHENNAI - 600 034. VS. M/S. SUBRAMANIAN ENGINEERING LTD., NO. 11, COLLEGE LANE, LINDEN TOWERS, CHENNAI - 600 006. [PAN: AAICS 9342L] ( / APPELLANT) ( / RESPONDENT) $% & / APPELLANT BY : SHRI A.V. SREEKANTH, JCIT )*$% & / RESPONDENT BY : NONE & + /DATE OF HEARING : 01.03.2017 & + /DATE OF PRONOUNCEMENT : 03.03.2017 /O R D E R PER G. PAVAN KUMAR, JUDICIAL MEMBER: THE APPEAL FILED BY THE REVENUE IS DIRECTED AGAIN ST ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-15, CHENNAI IN ITA NO. 037/CIT(A)- 15/2015-16 DATED 23.09.2016 FOR THE ASSESSMENT YEAR 2012-13 PASSED U/S. 143(3) AND 250 OF THE INCOME TAX ACT, 1961 (HEREIN AFTER REFERRED TO AS 'THE ACT'). :-2-: I.T.A. NO. 3318/MDS/2016 2. AT THE TIME OF HEARING NONE APPEARED ON BEHALF O F THE ASSESSEE AND THE LD. DR CONCEDED AND FILED LETTER DATED 01.03.20 07 AS THE TAX EFFECT IN THIS APPEAL IS LESS THAN MONETARY LIMIT OF RS. 10,00,000 /-, FIXED BY THE CBDT TO FILED AN APPEAL BY THE REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 21/2015, DATED 10TH DECEMBER, 2015 AND THE REVENUE AUTHORITIES ARE PRECLUDED FROM FILING AND PROSECUTING THE APPEAL BEFORE THE T RIBUNAL. ACCORDINGLY, REVENUE APPEAL IS DISMISSED AS UN-ADMITTED. 3. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ORDER PRONOUNCED ON FRIDAY, THE 03RD DAY OF MARCH, 2017 AT CHENNAI. SD/ - ( ) (SANJAY ARORA) / ACCOUNTANT MEMBER SD/ - ( . ) (G. PAVAN KUMAR) $ /JUDICIAL MEMBER /CHENNAI, / /DATED: 03RD MARCH, 2017 JPV & )'+12 32-+ /COPY TO: 1. $% / APPELLANT 2. )*$% /RESPONDENT 3. 4+ ( )/CIT(A) 4. 4+ /CIT 5. 256 )'+' /DR 6. 678 /GF