DCIT, Circle , Parwanoo V. M/s SKG Print O Pack, Baddi

ITA 371/CHANDI/2018

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 1238 (ITAT-CHANDIGARH)
• Duration Of Justice: 5 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-09-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2013-2014
• Appeal Filed On: 26-03-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCHES, SMC, CHANDIGARH BEFORE MS. DIVA SINGH, JUDICIAL MEMBER ITA NO 371/CHD/2018 ASSESSMENT YEAR: 2013-14 THE DCIT, VS. M/S S.K.G. PRINT O PACK, CIRCLE, GULLERWALA, SAI ROAD, PARWANOO. BADDI, DISTT.SOLAN (HP). PAN NO. ABIFS7637N (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI MANOJ KUMAR, SR.DR RESPONDENT BY : NONE DATE OF HEARING : 18.07.2018 DATE OF PRONOUNCEMENT : 05.09. 2018 ORDER THE PRESENT APPEAL HAS BEEN FILED BY THE REVENUE AS SAILING THE CORRECTNESS OF THE ORDER DATED 17/01/2018 OF CIT(A) SHIMLA PERTAINING TO 201 3 14 ASSESSMENT YEAR. 2. AT THE TIME OF HEARING, NO ONE WAS PRESENT ON BE HALF OF THE ASSESSEE. THE LD. SR.DR WAS HEARD. 3. A PERUSAL OF THE RECORD SHOWS THAT THE TAX EFFEC T INVOLVED IN THE PRESENT APPEAL IS MUCH BELOW THE TAXABLE LIMIT OF RS. 20 LAKH AS LAID DOWN BY THE CBDT CIRCULAR NO. 3/2018 DATED 11.07.2018 WHEREIN THE TAX LIMIT FOR FILING O F THE APPEALS BEFORE THE ITAT HAS BEEN FIXED AT RS. 20 LAKH. IT IS SEEN THAT THE ADDITION MADE BY WAY OF RESTRICTING THE DEDUCTION TO 25% RESULTED IN AN ADDITION OF RS. 11,77,108/- WHIC H HAS BEEN ALLOWED BY THE CIT(A) WHICH IS UNDER CHALLENGE IN THE PRESENT PROCEEDINGS. ACC ORDINGLY, RELYING ON THE AFORESAID CIRCULAR, THE APPEAL OF THE REVENUE IS DISMISSED AS NOT PRESS ED. 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 05.09.2018. SD/- (DIVA SINGH) JUDICIAL MEMBER POONAM COPY TO: 1. THE APPELLANT 2.THE RESPONDENT 3.THE CIT 4. THE CI T(A)5. THE DR ASSTT. REGISTRAR/ITAT,CHANDIGARH.