DCIT, Faridabad V. M/s. Eurokon Global Exports P. Ltd., Faridabad

ITA 3437/DEL/2016

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 3711 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 2 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-08-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2011-2012
• Appeal Filed On: 10-06-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: C P SINGH
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH: F: NEW DELHI) , . . !'# !'# !'# !'# $ $$ $ % % % % & & & & BEFORE MS. SUSHMA CHOWLA, JUDICIAL MEMBER & SHRI N.K.BILLAIYA, ACCOUNTANT MEMBER ' '' ' / ITA NO:- 1003/DEL/2017 (( (( (( (( / ASSESSMENT YEAR: 2011-12 ACIT, CIRCLE-54(1), ROOM NO.-1502, 15 TH FLOOR, E-2 BLOCK, DR.SPM CIVIC CENTRE, JLN MARG, NEW DELHI-110002. ........... )* /APPELLANT VS RASHMI RAI, C-284, DEFENCE COLONY, NEW DELHI. PAN-AALPR7114F . +,)* / RESPONDENT )*-. / APPELLANT BY : SH. C.P.SINGH, SR.DR +,)*-. / RESPONDENT BY : SH. P.C. YADAV, ADV. ' '' ' / ITA NO:- 3437/DEL/2016 (( (( (( (( / ASSESSMENT YEAR: 2011-12 DCIT, CIRCLE-1, BLOCK-B, NEW CGO COMPLEX, FARIDABAD. ........... )* /APPELLANT VS EUROKON GLOBAL EXPORTS P.LTD., PLOT NO.5, INDUSTRIAL AREA, NIT, FARIDABAD. PAN-AACCE3047L . +,)* / RESPONDENT ITA NO:- 1003, 3437/DEL/2016 & 448/DEL/2017 ASSESSMENT YEAR: 2011-12, 2011-12, 2012-13 PAGE | 2 )*-. / APPELLANT BY : SH. C.P.SINGH, SR.DR +,)*-. / RESPONDENT BY : SH. DHARMENDER KR., CA ' '' ' / ITA NO:- 448/DEL/2017 (( (( (( (( / ASSESSMENT YEAR: 2012-13 ITO, WARD-32(5), ROOM NO.-1308, 13 TH FLOOR, CIVIC CENTRE, MINTO ROAD, NEW DELHI-110002. ........... )* /APPELLANT VS RESHMA SHARMA, A-27A, HAUZ KHAS, NEW DELHI-110016. PAN-AAGPR6289J . +,)* / RESPONDENT )*-. / APPELLANT BY : SH. C.P.SINGH, SR.DR +,)*-. / RESPONDENT BY : SH. SATYAJEET GOEL, CA /-01% / DATE OF HEARING : 28.08.2019 23-01% / DATE OF PRONOUNCEMENT: 29.08.2019 / ORDER PER SUSHMA CHOWLA, JM: THESE THREE APPEALS OF THREE DIFFERENT ASSESSEES FI LED BY REVENUE ARE AGAINST SEPARATE ORDERS OF CIT(A)-18, N EW DELHI DATED 16.11.2016; CIT(A), FARIDABAD DATED 31.03.2016; CIT (A)-11, NEW DELHI DATED 30.03.2015 RELATING TO ASSESSMENT YEARS 2011-12, 2011- 12 & 2012-13 RESPECTIVELY AGAINST THE ORDERS PASSED UNDER SECTION ITA NO:- 1003, 3437/DEL/2016 & 448/DEL/2017 ASSESSMENT YEAR: 2011-12, 2011-12, 2012-13 PAGE | 3 143(3) OF THE INCOME-TAX ACT, 1961 (IN SHORT THE A CT). ALL THE THREE APPEALS RELATING TO THREE DIFFERENT ASSESSEES WERE HEARD TOGETHER AND ARE BEING DISPOSED OFF BY THIS CONSOLIDATED ORDER F OR THE SAKE OF CONVENIENCE. 2. LD. DR FOR THE REVENUE POINTED OUT THAT THE PRES ENT APPEALS ARE TO BE WITHDRAWN AS THE TAX EFFECT INVOLVED IN THE C ASE IS BELOW RS.50 LACS. 3. THE CBDT VIDE CIRCULAR NO.17/2019 DATED 08.08.20 19 HAS REVISED THE MONETARY LIMIT FOR FILING THE APPEALS B EFORE THE TRIBUNAL TO RS.50 LACS. FURTHER, CBDT VIDE LETTER DATED 20.08. 2019 HAS ALSO CLARIFIED THAT CIRCULAR NO.17/2019 WOULD BE APPLICA BLE TO ALL PENDING APPEALS. IN SUCH CIRCUMSTANCES, THE PRESENT APPEAL S FILED BY THE REVENUE IN CASE OF LOW TAX EFFECT ARE NOT MAINTAI NABLE. 4. BEFORE PARTING, WE CLARIFY HERE THAT THE REVENUE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR RE-INSTITUTION OF APPEALS, IF THE REQUISITE MATERIAL IS BROUGHT TO SHOW THAT THE APPE ALS ARE PROTECTED BY THE EXCEPTIONS PRESCRIBED IN PARA 10 OF THE CIRC ULAR DATED 11.07.2018. 5. IN CONCLUSION, BY APPLYING THE CBDT CIRCULAR DAT ED 08.08.2019 AND LETTER DATED 20.08.2019 (SUPRA), THE CAPTIONED APPEALS OF THE REVENUE ARE DISMISSED AS WITHDRAWN/NOT PRESSED. ITA NO:- 1003, 3437/DEL/2016 & 448/DEL/2017 ASSESSMENT YEAR: 2011-12, 2011-12, 2012-13 PAGE | 4 6. IN THE RESULT, ALL THREE APPEALS OF REVENUE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 29 TH DAY OF AUGUST, 2019. SD/- SD/- (N.K.BILLAIYA) (SUSHM A CHOWLA) % % % % /ACCOUNTANT MEMBER /JUDICIAL MEMBER / DATED : 29 TH AUGUST, 2019 . * AMIT KUMAR * -+0!5!06 COPY OF THE ORDER IS FORWARDED TO : 1. )* / THE APPELLANT; 2. +,)* / THE RESPONDENT; 3. 7 8 9 / THE CIT(A) 4. !:;+0 $ $ / DR, ITAT, DELHI 5. ;<(/ 6 GUARD FILE. / BY ORDER , ,!0+0 // TRUE COPY // >?@ , $ / ITAT, DELHI