The Income Tax Officer, Ward-1 (3), Panaji., Panaji V. Shri Kislay Kumar., Delhi

ITA 375/PAN/2015

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 2971 (ITAT-PANAJI)
• Duration Of Justice: 5 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-03-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 22-03-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 16-10-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE SHRI N.S. SAINI , HONBLE ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN, HONBLE JUDICIAL MEMBER ITA NO. 375 /P A N/201 5 (ASST. YEAR : 20 1 0 - 1 1 ) ITO, WARD - 1(3), PANAJI GOA. VS. SHRI KISLAY KUMAR, NO. 71/ 19, UPPER GROUND FLOOR, B - 1 EXTN. SEWAK PARK, DWARKA MOR METRO STATION, UTTAM NAGAR, DELHI. PAN NO. ATUPK 1068 R (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE . DEPARTMENT BY : SHRI PRASHANT GADEKAR - D R DATE OF HEARING : 22 / 0 3 /201 6 . DATE OF PRONOUNCEMENT : 22 / 0 3 /201 6 . O R D E R PER GEORGE MATHAN, JUDICIAL MEMBER THIS IS AN APPEAL FILED BY THE REVENUE AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) , PANAJI - 1 PASSED IN APPEAL NO. 166/PNJ/ 13 - 14 , DATED 27 /0 7 /201 5 FOR THE ASSESSMENT YEAR 2010 - 11 . 2. NONE APPEARED ON BEHALF OF THE ASSESSEE. SHRI PRASHANT GADEKAR , DEPARTMENTAL REPRESENTATIVE REPRESENTED ON BEHALF OF THE REVENUE. 3 . ON 29/02/2016 , THE REVENUE HAS FILED A LETTER DATED 26/02/2016 WHEREIN IN VIEW OF THE REVISION OF THE MONETARY LIMIT IN CIRCULAR NO. 21/ 20 15 , DATED 10/12/2015 BY THE CBDT, IT WAS SUBMITTED THAT THE 2 ITA NO. 375 /P A N/201 5 REVENUE DESIRE S TO WITHDRAW THE SAID APPEAL AS TAX EFFECT WAS 6,20,744/ - . 4 . CONSEQUENTLY , AS THE TAX EFFECT IS BELOW 10 LAC AND THE REVENUE HAS FILED A LETTER FOR WITHDRAW AL OF THE APPEAL AS PER THE CIRCULAR ISSUED BY THE CBDT REFERRED TO SUPER, THE APPEAL FILED BY THE REVENUE STANDS DISMISSED AS WITHDRAWN. 5. IN THE RESULT, APPEAL OF THE REVENUE STANDS DISMISSED AS W ITHDRAWN. ORDER PRONOUNCED IN THE COURT AT THE CLOSE OF THE HEARING ON TUESDAY , THE 22 ND DAY OF MARCH , 201 6 AT GOA . S D / - S D / - (N.S.SAINI) (GEORGE MATHAN) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 22 ND MARCH, 201 6 . VR/ - COPY TO: 1 . THE ASSESSEE. 2 . THE REVENUE. 3 . THE CIT 4 . THE CIT(A) 5 . THE D.R . 6 . GUARD FILE. BY ORDER ASSISTANT REGISTRAR I.T.A.T., PANAJI