ITO, BEAWAR V. CHANDULAL & BROTHERS, BEAWAR

ITA 446/JPR/2015

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 99460 (ITAT-JAIPUR)
• Duration Of Justice: 6 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-11-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2007-2008
• Appeal Filed On: 05-05-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: O P BHATEJA
• Assessee Lawyers: M C BHANDARI C A DHK
• Keywords: Tax effect

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES (SMC), JAIPUR JH IH-DS-CALY] YS[KK LNL; DS LE{K BEFORE: SHRI P.K. BANSAL, ACCOUNTANT MEM BER VK;DJ VIHY LA-@ ITA NO. 446/JP/2015 FU/KZKJ.K O'K Z@ ASSESSMENT YEAR : 2007-08 THE ITO WARD- 2, BEAWAR CUKE VS. M/S. CHANDULAL & BROTHERS, AGARSEN BAZAR, BEAWAR LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN/GIR NO .: AAAFC 6458 L VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT C.O. NO.38/JP/2015 (ARISING OUT OF VK;DJ VIHY LA-@ ITA NO. 446/JP/2015) FU/KZKJ.K O'K Z@ ASSESSMENT YEAR : 2007-08 M/S. CHANDULAL & BROTHERS, AGARSEN BAZAR, BEAWAR CUKE VS. THE ITO WARD- 2, BEAWAR LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN/GIR NO .: AAAFC 6458 L VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT JKTLO DH VKSJ LS@ REVENUE BY :SHRI O.P. BHATEJA, ADDL. CIT -DR FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI M.C. BHANDARI, C.A. LQUOKBZ DH RKJH[K@ DATE OF HEARING : 06/11/2015 ?KKS'K .KK DH RKJH[K@ DATE OF PRONOUNCEMENT : 06/11/2015 VKNS'K@ ORDER PER P.K. BANSAL, AM THIS APPEAL HAS BEEN FILED BY THE REVENUE AGAINST THE ORDER OF THE LD. CIT(A)-, AJMER DATED 26-02-2015 FOR THE ASSESS MENT YEAR 2007-08. THE ASSESSEE HAS ALSO FILED THE CROSS OBJECTION. ITA NO. 446/JP/2015 ITO, WARD- BEAWAR VS. M/S. CHANDULAL & BROTHERS, BE AWAR 2 2.1 DURING THE COURSE OF HEARING, THE LD. AR OF THE ASSESSEE HAS NOT PRESSED THE GROUNDS OF ITS C.O. HENCE, THE SAME IS DISMISSED BEING NOT PRESSED. 2.2. AFTER HEARING THE RIVAL SUBMISSIONS OF BOTH TH E PARTIES AND CONSIDERING THE SAME ALONGWITH ORDERS OF THE TAX AU THORITIES BELOW, I NOTED THAT THE APPEAL FILED BY THE REVENUE RELATE T O DELETION OF ADDITION OF RS. 2,27,028 U/S 40(A)(IA) AND RS. 13,571/- U/S 40( B)(V) OF THE ACT. THE TAX EFFECT IN THIS CASE IS LESS THAN RS. 4 LACS. WH EN THE TAX EFFECT IN THE APPEAL OF THE DEPARTMENT IS LESS THAN RS. 4 LACS TH EN THE SAME IS NOT MAINTAINABLE IN VIEW OF BOARD INSTRUCTION NO. 5/201 4 [F.NO.279/MISC./142/ 2007/ITJ (PT) DATED 10/07/2014 . AS PER SECTION 268A IF TAX EFFECT IS LESS THAN RS.4 LACS THEN APPE AL OF DEPARTMENT IS NOT MAINTAINABLE. ACCORDINGLY THE APPEAL OF THE DEPARTM ENT IS DISMISSED IN LIMINE. 3. IN THE RESULT, APPEAL OF REVENUE AND THE C.O. OF THE ASSESSEE ARE DISMISSED ORDER PRONOUNCED IN THE OPEN COURT ON 06/11/20 15. SD/- IH IHIH IH- -- -DS DSDS DS- -- -CALY CALY CALY CALY (P.K. BANSAL) ITA NO. 446/JP/2015 ITO, WARD- BEAWAR VS. M/S. CHANDULAL & BROTHERS, BE AWAR 3 YS[KK YS[KK YS[KK YS[KK LNL;@ LNL;@ LNL;@ LNL;@ ACCOUNTANT MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 06 /11/ 2015 *MISHRA VKNS'K DH IZFRFYFI VXZSF'KR@ COPY OF THE ORDER FORWARDED TO: 1. VIHYKFKHZ@ THE APPELLANT- THE ITO, WARD- 2, BEAWAR 2. IZR;FKHZ@ THE RESPONDENT- M/S. CHANDULAL & BROTHERS, BEAWAR 3. VK;DJ VK;QDRVIHY@ CIT(A). 4. VK;DJ VK;QDR@ CIT, 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR 6. XKMZ QKBZY@ GUARD FILE (ITA NO. 446/JP/2015) VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASSISTANT. REGISTRAR