The ITO, Ward-5(1), Ahmedabad V. M/s. Narmada Processors Pvt.Ltd., Ahmedabad

ITA 423/AHD/2011

• Counselvise Citation: 42320514 RSA 2011
• Duration Of Justice: 4 year(s) 6 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-09-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 18-08-2015
• Assessment Year: 1990-1991
• Appeal Filed On: 15-02-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: VILAS SHINDE
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH AHMEDABAD BEFORE S/SHRI G. D. AGARWAL, VP AND S. S. GODARA, JM ITA NO. 423 /AHD/2011 ASST. YEAR 1990 - 9 1 ITO, WARD 5(1), AHMEDABAD VS M/S. NARMADA PROCESSORS PVT. LTD., 5 TH FLOOR, PUSHPAK BUILDING, OPP. CAMA HOTEL, KHANPUR, AHMEDABAD (APPELLANT) (RESPONDENT) PA NO. 31 - 063 - CQ - 8063 APPELLANT BY SHRI VILAS SHINDE, SR. DR RESPONDENT BY NONE DATE OF HEARING: 18 . 8 .2015 DATE OF PRONOUNCEMENT : 04 / 09 /2015 O R D E R PER S.S. GODARA, JUDICIAL MEM BER THIS REVENUE S APPEAL FOR ASSESSMENT YEAR 1 990 - 91 ARISE S FROM ORDER DATED 06 - 12 - 201 0 , PASSED BY THE CIT(A) - X I , AHMEDABAD IN APPEAL NO. CIT(A) - XI / 827/ 0 9 - 1 0 , IN PROCEEDINGS UNDER SECTION 143(3) R.W.S. 254 OF THE INCOME TAX ACT, 1961, IN SHORT THE ACT. 2 . THE REVENUES SOLE SUBSTANTIVE GROUND CHALLENGES THE CIT(A) ORDER ALLOWING ASSESSEES THE LOSS TO THE EXTENT OF RS.6,75,928/ - . WE NOTICE AT THE OUTSET THAT THE CBDT HAS ITA NO. 4 23 /AHD/2011 ( ITO VS. M/S. NARMADA PROCESSORS PVT. LTD.) A.Y. 1990 - 91 2 ISSUED INSTRUCTIONS NO.3/2011 DATED 9.2.2011 FIXING MINIMUM PECUNIARY LIMIT OF FILIN G APPEALS BEFORE THE TRIBUNAL TO BE RS. 3 LACS TAX EFFECT. WE FIND THAT THE PRESENT CASE DOES NOT FALL WITHIN THE EXEMPTION CLAUSE (8) OF THE CIRCULAR AND TAX EFFECT IS LESS THAN RS.3 LAKHS. T HE PRESENT APPEAL IS HELD TO BE NOT MAINTAINABLE. 3 . THIS RE VENUES APPEAL IS DISMISSED FOR LOW TAX EFFECT. PRONOUNCED IN THE OPEN COURT ON THIS THE 04 TH DAY OF SEPTEMBER , 201 5 . SD/ - SD/ - (G. D. AGRAWAL) (S. S. GODARA) VICE PRESIDENT JUDICIAL MEMBER AHMEDABA D: DATED 04 /0 9 /2015 TRUE COPY S.K.SINHA / COPY OF ORDER FORWARDED TO: - 1. / REVENUE 2. / ASSESSEE 3. / CONCERNED CIT 4. - / CIT (A) 5. , , / DR, ITAT, AHMEDABAD 6. / GUARD FILE. BY ORDER / , / ,