ITO, Ward-2(4), Noida V. Pramod Yadav, G B Nagar

ITA 4627/DEL/2018

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 3255 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 2 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-08-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2010-2011
• Appeal Filed On: 21-06-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: HAVE BEEN LISTED
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE JUSTICE P.P. BHATT, BEFORE JUSTICE P.P. BHATT, BEFORE JUSTICE P.P. BHATT, BEFORE JUSTICE P.P. BHATT, PRESIDENT AND PRESIDENT AND PRESIDENT AND PRESIDENT AND SHRI G.S. PANNU, VICE PRESIDENT SHRI G.S. PANNU, VICE PRESIDENT SHRI G.S. PANNU, VICE PRESIDENT SHRI G.S. PANNU, VICE PRESIDENT ITA NO. ITA NO. ITA NO. ITA NO.3458 3458 3458 3458/DEL/201 /DEL/201 /DEL/201 /DEL/2018 88 8 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 20 2020 2007 0707 07- -- -08 0808 08 INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, WARD WARD WARD WARD- -- -19(2), 19(2), 19(2), 19(2), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. M/S PUG STOCK BROK M/S PUG STOCK BROK M/S PUG STOCK BROK M/S PUG STOCK BROKERS PVT.LTD., ERS PVT.LTD., ERS PVT.LTD., ERS PVT.LTD., 803 803 803 803- -- -804, ARUNACHAL BUILDING, 804, ARUNACHAL BUILDING, 804, ARUNACHAL BUILDING, 804, ARUNACHAL BUILDING, 19, BARAKHAMBA ROAD, 19, BARAKHAMBA ROAD, 19, BARAKHAMBA ROAD, 19, BARAKHAMBA ROAD, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 001. 110 001. 110 001. 110 001. PAN : AAACE0588L. PAN : AAACE0588L. PAN : AAACE0588L. PAN : AAACE0588L. (APPELLANT) (RESPONDENT) AND 19 AND 19 AND 19 AND 19 OTHERS OTHERS OTHERS OTHERS - -- - A AA A S PER S PER S PER S PER ANNEXURE ANNEXURE ANNEXURE ANNEXURE- -- -1 11 1 DATE OF HEARING : 23.08.2019 23.08.2019 23.08.2019 23.08.2019 DATE OF PRONOUNCEMENT : 23.08.2019 23.08.2019 23.08.2019 23.08.2019 ORDER ORDER ORDER ORDER THE CAPTIONED APPEAL IN ITA NO.3458/DEL/2018 AND 19 APPEALS [ AS PER ANNEXURE-1 ] PREFERRED BY THE REVENUE, HAVE BEEN LISTED BY THE REGISTRY BEFORE THE BENCH ON THE GROUND THAT THEY DO NOT SUR VIVE FOR CONSIDERATION IN VIEW OF THE CBDT CIRCULAR NO.17/2019 DATED 8 TH AUGUST, 2019. 2. THE CBDT, VIDE CIRCULAR DATED 8 TH AUGUST, 2019 (SUPRA), HAS AMENDED PARA 3 OF CIRCULAR NO. 3/2018 DATED 11.07.2018 MOD IFYING THE MONETARY LIMITS FOR FILING OF APPEALS BY THE DEPARTMENT BEFO RE THE TRIBUNAL. THE TAX EFFECT IN DISPUTE IN THE CAPTIONED APPEALS IS STATE D TO BE BELOW THE ENHANCED MONETARY LIMIT OF ` 50 LAKHS SPECIFIED IN THE CBDT CIRCULAR DATED 08.08.2019 (SUPRA) READ WITH CIRCULAR DATED 11.07.2018 (SUPRA) . CBDT, VIDE CLARIFICATION APPELLANTS BY : SHRI SANJAY GOEL, CIT-DR. RESPONDENTS BY : SHRI MANU K. GIRI, ADVOCATE AND OTHERS FOR VARIOUS RESPONDENTS - AS PER ANNEXURE-1 ITA-3458/DEL/2018 & 19 OTHERS 2 IN F.NO.279/MISC/M-93/2018-ITJ DATED 20 TH AUGUST, 2019 HAS CLARIFIED THAT THE REVISED MONETARY LIMITS SPECIFIED IN CIRCULAR DATED 8 TH AUGUST, 2019 (SUPRA) ARE APPLICABLE TO PENDING APPEALS ALSO. 3. IN THIS BACKGROUND, THE LEARNED D.R. APPEARING FOR THE REVENUE WAS REQUIRED TO STATE HIS POSITION; HE HAS NOT REFERRED TO ANY MATERIAL WHICH WOULD SHOW THAT THE CAPTIONED APPEALS ARE PROTECTED BY AN Y OF THE EXCEPTIONS PROVIDED IN PARA 10 OF THE CBDT CIRCULAR DATED 11.0 7.2018 (SUPRA) AND ITS AMENDMENT DATED 20 TH AUGUST, 2018. 4. WITHOUT GOING INTO THE MERIT OF THE ISSUES RAISED IN THE CAPTIONED APPEAL, THEY ARE DEEMED TO BE WITHDRAWN/NOT PRESSED , AS THEIR FILING IS NOT IN CONSONANCE WITH THE CBDT CIRCULAR DATED 08.08.2019 (SUPRA) READ WITH CIRCULAR DATED 11.07.2018 (SUPRA). IT IS ALSO NOTED THAT THE HON'BLE SUPREME COURT IN THE CASE OF DCIT & ORS VS. MSEB HOLDING CO MPANY LTD. [SLP (CIVIL) NO.26373/2019 DATED 16.08.2019] HAS TAKEN COGNIZANC E OF THE ENHANCED LIMIT WHILE DISMISSING THE SLP ARISING FROM THE JUD GEMENT PASSED BY THE HON'BLE BOMBAY HIGH COURT IN WP NO. 3642/2018 DATED 25.01.2019. 5. BEFORE PARTING, WE CLARIFY THAT IF ON A LATER DATE, THE REVENUE FINDS THAT THE TAX EFFECT IN DISPUTE IN ANY OF THE CAPTIONED A PPEALS IS MORE THAN THE LIMIT PRESCRIBED IN THE CIRCULAR DATED 08.08.2019 (SUPRA) , OR IT IS PROTECTED BY ANY OF THE EXCEPTIONS PROVIDED IN PARA 10 OF THE CBDT C IRCULAR DATED 11.07.2018 (SUPRA), IT SHALL BE AT LIBERTY TO APPROACH THE TRI BUNAL FOR RECALL OF THE ORDER AND REINSTITUTION OF THE APPEAL FOR ADJUDICATION ON MERITS. THE TRIBUNAL SHALL CONSIDER SUCH APPLICATIONS, IF ANY, AS PER THE EXTA NT LAW. 6. IN CONCLUSION, BY APPLYING THE CIRCULAR DATED 08.0 8.2019 (SUPRA) READ WITH CIRCULARS DATED 11.07.2018 (SUPRA) AND 20.08.2 019 (SUPRA), THE CAPTIONED APPEALS OF THE REVENUE ARE DISMISSED AS W ITHDRAWN/ NOT PRESSED. ABOVE DECISION WAS PRONOUNCED IN THE OPEN COURT AT THE CONCLUSION OF HEARING ON 23 RD AUGUST, 2019. SD/- SD/- ( (( (G.S. PANNU G.S. PANNU G.S. PANNU G.S. PANNU) )) ) (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT) )) ) VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. ITA-3458/DEL/2018 & 19 OTHERS 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR ITA-3458/DEL/2018 & 19 OTHERS 4 ANNEXURE - 1 IN THE INC OME TAX APPELLATE TRIBUNAL, DELHI BENCHES, NEW DELHI SL. NO. ITA/I T(SS) A NO./C.O. ASSTT. YEAR NAME OF APPELLANT NAME OF RESPONDENT PAN NAME OF AR- (SHRI/KUM/SMT) 1 3458/DEL/2018 2007-08 ITO, WARD-19(2), NEW DELHI PUG STOCK BROKERS PVT LTD AAACE0588L -- 2 4458/DEL/2019 2009-10 DCIT, CC-II, NOIDA APPLE ME TAL INDUSTRIES PVT.LTD. AAACD7670E -- 3 4284/DEL/2019 2014-15 DCIT, CC-13, NEW DELHI SKYLINE METAL & ALLOYS PVT.LTD. AAKCS7094K -- 4 3867/DEL/2018 2013-14 ITO, WARD-21(2), NEW DELHI REDSON AGRISCIENCE PVT LTD AAECR2543Q -- 5 3859/DEL/2018 2010-11 ITO, WARD-3(3), SAHARANPUR RAVI PHUJA AEKPK3275R -- 6 4323/DEL/2018 2013-14 ITO, WARD-41(3), NEW DELHI YASHI DHINGRA AAEPD2694M SHRI MANU K. GIRI, ADV. 7 4339/DEL/2018 2014-15 ITO, WARD-26(1), NEW DELHI V GO MOTOR PVT LTD AAECV4135E -- 8 4584/DEL/2018 2010-11 ITO, WARD-2(3), NOIDA NARENDRA KUMAR CQXPK6069G -- 9 4625/DEL/2018 2009-10 ITO, WARD-2(4), NOIDA PRADEEP MOHAN AGARWAL AAEPA2475K -- 10 4627/DEL/2018 2010-11 ITO, WARD-2(4), NOIDA PRAMOD YADAV APUPP7160F -- 11 4629/DEL/2018 2010-11 ITO, WARD-2(4), NOIDA POOJA AGARWAL ADTPA8604L -- 12 4633/DEL/2018 2010-11 ITO, WARD-2(5), NOIDA VIVEK AGARWAL ADTPA8613R -- 13 4634/DEL/2018 2009-10 ITO, WARD-3(1), NOIDA RAGHURAJ SINGH CQEPR6551B -- 14 4639/DEL/2018 2010-11 ITO, WARD-3(4), NOIDA VEERPAL BEDPP5428K -- 15 4704/DEL/2018 2008-09 ITO, WARD-20(1), NEW DELHI PRAHLAD SUPPLIERS P. LTD AADCP5371M -- 16 3990/DEL/2017 2008-09 ITO, WARD-30(1), NEW DELHI AMBER MEHRA AFZPM4171J -- 17 4053/DEL/2017 2010-11 ACIT, CC-30, NEW DELHI ANKIT NIVESH&MNG.PVT.LTD AACCA2546A -- 18 4274/DEL/2017 2012-13 ITO, WARD-5(2), NEW DELHI BSA FINVEST PVT. LTD AABCB7958G -- 19 4514/DEL/2017 2012-13 ITO, WARD-47(5), NEW DELHI AMAR NATH GUPTA& SONS(HUF) AAAHA3320H -- 20 4675/DEL/2017 2012-13 ITO, WARD-50(3), NEW DELHI ABHISHEK GUPTA AGKPG7078A --