DCIT, CHENNAI V. Aysha Hotels & Resorts P Ltd., CHENNAI

ITA 3334/CHNY/2016

• Counselvise Citation: [2017] 130 COUNSELVISE.COM (IT) 7868 (ITAT-CHENNAI)
• Duration Of Justice: 1 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-01-2017
• Appeal Filed By: Department
• Bench Allotted: D
• Next Hearing Date: 30-01-2017
• Assessment Year: 2013-2014
• Appeal Filed On: 09-12-2016
• Court: TRIBUNAL
• Department Lawyers: R DURAIPANDIAN
• Assessee Lawyers: R SRINIVASAN FINANCE MANAGER
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME - TAX APPELLATE TRIBUNAL D BENCH, CHENNAI , . , BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER & SHRI DUVVURU RL REDDY , JUDICIAL MEMBER ./ I T.A. NO. 3334 /MDS/201 6 / ASSESSMENT YEAR :20 1 3 - 1 4 THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 1(1 ) , CHENNAI 600 034 . VS. M/S. AYSHA HOTELS & RESORTS P. LTD., 71/35, ARMENIAN STREET, 4 TH FLOO R, C BLOCK, PARRYS, CHENNAI 600 001. [PAN: AAKCS9902Q ] ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI R. DURAI PANDIAN , J CIT / RESPONDENT BY : SHRI R. SRINIVASAN , FINANCE MANAGER / DATE OF HEARING : 30 . 0 1 .201 7 / DATE OF P RONOUNCEMENT : 31 . 0 1 .201 7 / O R D E R PER DUVVURU RL REDDY , JUDICIAL MEMBER : THIS APPEAL FILED BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INC OME TAX (APPEALS) 1 , CHENNAI DATED 1 2 . 09 .201 6 RELEVANT TO THE ASSESSMENT YEAR 20 1 3 - 1 4 . 2. AT THE TIME OF HEARING THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT THE TAX EFFECT IN THE APPEAL FILED BY THE REVENUE IS LESS THAN THE MONETARY LIMIT OF .10,00,000/ - FIXED BY THE CBDT TO FILE AN APPEAL BY THE REVENUE BEFORE THE TRIBUNAL AS PER THE CBDT CIRCULAR NO. 21/2015, DATED I.T.A. NO . 3334 /M/ 16 2 10.12.2015. THE LD. DR FAIRLY CONCEDED THE SUBMISSIONS MADE BY THE LD. COUNSEL FOR THE ASSESSEE. BEING SO, THE REVENUE AUTHORITIES ARE PRECLUDED FROM FILING THE APPEAL BEFORE THE TRIBUNAL, SINCE THE TAX EFFECT IS LESS THAN .10,00,000/ - IN THIS APPEAL. ACCORDINGLY, THE APPEAL FILED BY THE REVENUE IS DISMISSED AS UN - ADMITTED. 3 . IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED ON THE 31 ST JANUARY , 201 7 AT CHENNAI. SD/ - SD/ - (CHANDRA POOJARI) ACCOUNTANT MEMBER ( DUVVURU RL REDDY ) JUDICIAL MEMBER CHENNAI, DATED, THE 31 . 0 1 .201 7 VM/ - / COPY TO: 1. / APPELLANT , 2. / RESPONDENT , 3. ( ) / CIT(A) , 4. / CIT , 5. / DR & 6. / GF.