ACIT, JODHPUR V. Shri Dinesh M. Jain, JODHPUR

ITA 374/JODH/2010

• Counselvise Citation: 37423314 RSA 2010
• Duration Of Justice: 1 year(s) 6 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-12-2011
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 14-12-2011
• Assessment Year: 2004-2005
• Appeal Filed On: 01-06-2010
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M N MORIYA
• Assessee Lawyers: ALOK JAIN
• Keywords: Tax effect
• Section: 268A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL : JODHPUR BENCH: JODHPUR. BEFORE SHRI R.K. GUPTA, HONBLE JUDICIAL MEMBER AND SHRI N.L. KALRA, HONBLE ACCOUNTANT MEMBER ITA NO.374/JODH/2010 A.Y. 2004-05 ITA NO. 375/JODH/2010 A.Y. 2004-05 A.C.IT., CENTRAL CIRCLE-1, JODHPUR. VS. SHRI DINESH M. JAIN, B-45, SHASTRI NAGAR, JODHPUR. (APPELLANT) (RESPONDENT) CO NO. 04/JODH/2011 (ARISING OUT OF ITA NO. 374/JODH/2010) A.Y. 2004-05 CO NO. 05/JODH/2011 (ARISING OUT OF ITA NO. 375/JODH/2010) A.Y. 2004-05. DINESH M. JAIN, B-45, SHASGRI NAGAR, JODHPUR. VS. ACIT, CENTRAL CIRCLE-1 JODHPUR. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI ALOK JAIN. DEPARTMENT BY : SHRI M.N. MORIYA. DATE OF HEARING : 14./12/2011 DATE OF PRONOUNCEMENT : 16-12-2011 O R D E R PER N.L. KALRA, A.M. THE REVENUE HAS FILED APPEALS WHILE THE ASSESSEE H AS FILED CROSS OBJECTIONS. TAX EFFECT IN BOTH THE APPEALS IS LESS THAN RS. 2 LAKH AND HENCE THE APPEALS ARE NOT MAINTAINABLE AS PER SECTION 268A OF INCOME-TAX ACT. CROSS OBJECT IONS WERE NOT PRESSED. HENCE APPEALS OF REVENUE AND CROSS OBJECTIONS OF THE ASSESSEE ARE DISMISSED. SD/- SD/- ([R.K. GUPTA] [N.L. KALRA] JUDICIAL MEBMER ACCOUNTANT MEMBER DATED : 16-12-2011 COPY TO ALL CONCERNED : A/R.