ITO, WD-30(2), KOLKATA, Kolkata V. M/s M. B. Associates, Kolkata

ITA 357/KOL/2016

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 7558 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 10 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-01-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2008-2009
• Appeal Filed On: 04-03-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ROBIN CHOUDHUR Y
• Assessee Lawyers: V N DUTTA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA B BENCH, KOLKATA [BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI S.S. GODARA, JUDICIAL MEMBER] I.T.A. NO. 357/KOL/2016 ASSESSMENT YEAR: 2008-09 INCOME TAX OFFICER, WD-30(2), KOLKATA............................................APPELLANT M/S. M.B. ASSOCIATES..............RESPONDENT C/O ASHOK CHATTERJEE MUKHARJEE SANYAL SAMANTA & CO 37/1 PURNA DAS ROAD TRIANGULAR PARK KOLKATA 700 029 [PAN : AANFM 4115 D] APPEARANCES BY: SHRI V.N. DUTTA, ADVOCATE, APPEARED ON BEHALF OF THE ASSESSEE. SHRI ROBIN CHOUDHURY, SR. D/R, APPEARING ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : DECEMBER 17 TH , 2018 DATE OF PRONOUNCING THE ORDER : JANUARY 16 TH , 2019 O R D E R PER J. SUDHAKAR REDDY :- THE UNDISPUTED FACT IN THIS APPEAL IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F. NO. 279/MISC. 142/2007-ITJ (PT), DT. 11 TH JULY, 2018. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THE APPEAL OF THE REVENUE IS DISMISSED. 2. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. KOLKATA, THE 16 TH DAY OF JANUARY, 2019. SD/- SD/- [S.S. GODARA] [ J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 16.01.2019 {SC SPS} 2 I.T.A. NO. 357/KOL/2016 ASSESSMENT YEAR: 2008-09 M/S. M.B. ASSOCIATES COPY OF THE ORDER FORWARDED TO: 1. M/S. M.B. ASSOCIATES C/O ASHOK CHATTERJEE MUKHARJEE SANYAL SAMANTA & CO 37/1 PURNA DAS ROAD TRIANGULAR PARK KOLKATA 700 029 2. INCOME TAX OFFICER, WD-30(2), KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES