The DCIT, Circle-6(1), Ahmedabad V. M/s. Best Sound System, Ahmedabad

ITA 393/AHD/2015

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 8429 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 6 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-09-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 23-02-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: S N DIVATIA
• Keywords: Tax effect

Judgement Text

I.T.A. NO. 3 93 /AHD/201 5 ASSESSMENT Y EAR: 20 1 1 - 12 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH, AHMEDABAD [CORAM: PRAMOD KUMAR , AM AND RAJPAL YADAV , JM] I.T.A. NO. 393 /AHD/201 5 ASSESSMENT Y EAR : 20 1 1 - 12 DY. COMMISSIONER OF INCOME TAX , .... ................ APPELLANT CIR CLE 6(1), AHMEDABAD. VS. BEST SOUND SYSTEM, .......... . RESPONDENT NEAR VALLABH WADI, JAWAHAR CHAWK, BHAIRAVNATH ROD, MANINAGAR, AHMEDABAD 38 0 00 8 . [PAN: A A AFB 8232 F ] APPEARANCES BY: MUDIT NAGPAL FOR THE APPELLANT S.N. DIVATIA F O R THE RESPONDENT DATE OF CONCLUDING THE HEARING : 21 .0 9 .2017 DATE OF PRONOUNCING THE ORDER : 22 . 09 . 2017 O R D E R 1. BY WAY OF THIS APPEAL, THE ASSESSING OFFICER HAS CHALLENGED CORRECTNESS OF THE ORDER DATED 03.11.2014 , PASSED BY THE L EAR NED CIT(A) - XX , AHMEDABAD FOR THE ASSESSMENT YEAR 20 1 1 - 12 , ON THE FOLLOWING GROUND : - O N THE FACTS AND CIRCUMSTANCES OF THE CASE, THE LD. CIT(A) ERRED IN DELETING THE ADDITION OF RS.24,75,607/ - MADE U/S.41(1) OF THE I.T. ACT. 2. WE HAVE NOTICED THAT T HE TAX EFFECT INVOLVED IN TH IS APPEAL IS LESS THAN RS.10,00,000/ - . IN VIEW OF THIS UNDISPUTED FACT AND IN THE LIGHT OF CBDT CIRCULAR NO.21/2015 DATED 10 TH DECEMBER, 2015, WE ARE OF THE CONSIDERED VIEW THAT TH IS APPEAL I.T.A. NO. 3 93 /AHD/201 5 ASSESSMENT Y EAR: 20 1 1 - 12 PAGE 2 OF 2 IS LIABLE TO BE DISMISSED AS WITHDRAW N FOR THE SIMPLE REASON THAT TAX EFFECT INVOLVED IN TH IS APPEAL IS LESS THAN RS.10,00,000/ - . 3 . IN THE RESULT, APPEAL IS DISMISSED . PR O NOUNCED IN THE OPEN COURT TODAY ON THE 22 ND DAY OF SEPTEMBER, 2017. SD/ - SD/ - RAJPAL YADAV PRAMOD KUMAR (JUDICIAL MEMBER) (ACCOUNTANT MEMBER) AHMEDABAD, THE 22 ND DAY OF SEPTEMBER, 2017 PBN/* COPIES TO: (1) THE APPELLANT (2) THE RESPONDENT (3) COMMISSIONER (4) CIT(A ) (5) DEPARTMENTAL REPRESENTATIVE (6) GUARD FILE BY ORDER UE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD