ACIT, Circle-2(3), Kolkata, Kolkata V. Sri Sudesh Gupta, Kolkata

ITA 475/KOL/2017

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 1734 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 7 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 09-03-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SANKAR HALDER
• Assessee Lawyers: A K TIBREWAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH 'A, KOLKATA BEFORE SH. J.SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SH. S.S.VISWANETHRA RAVI, JUDICIAL MEMBER ITA NO.475/KOL/2017 [ASSESSMENT YEAR: 2013-14] APPELLANT BY SH. SANKAR HALDER, ADDL. CIT SR.DR RESPONDENT BY SH. A.K.TIBREWAL, FCA DATE OF HEARING 05.11.2018 DATE OF PRONOUNCEMENT 05.11.2018 ORDER PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER THIS APPEAL FILED BY THE REVENUE AGAINST THE ORDER DATED 02.01.2017 PASSED BY CIT(A)-20, KOLKATA FOR AY 2013-14. 2. IN THE RELEVANT APPEAL, THE UNDISPUTED FACT IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F.NO.0279/MISC.142/2007-ITJ(PT), DATED 11 TH JULY, 2018. 3. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO.3/2018, THE APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN. ACIT, CENTRAL CIRCLE-2(3), ROOM NO.403, 4 TH FLOOR, AAYAKAR BHAWAN POORVA, 110, SHANTI PALLY, E.M.BYE PASS, KOLKATA-700107. VS SRI SUDESH GUPTA, 36H, TOLLYGUNGE CIRCULAR ROAD, KOLKATA-700053. PAN-ACXPG5797K (APPELLANT) (RESPONDENT) ITA NO.475/KOL/2017 [ASSESSMENT YEAR: 2013-14] 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 05.11.2018. SD/- SD/- (J.SUDHAKAR REDDY) (S.S.VISWANETHRA RAVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATE:- 05.11.2018 *AMIT KUMAR* COPY FORWARDED TO: 1. APPELLANT- ACIT, CENTRAL CIRCLE-2(3), ROOM NO.403, 4 TH FLOOR, AAYAKAR BHAWAN POORVA, 110, SHANTI PALLY, E.M.BYE PASS, KOLKATA-700107. 2. RESPONDENT- SRI SUDESH GUPTA, 36H, TOLLYGUNGE CIRCULAR ROAD, KOLKATA- 700053. 3. CIT-KOLKATA 4. CIT(APPEALS)-KOLKATA 5. DR: ITAT -KOLKATA BENCHES SR.P.S./H.O.O ITAT, KOLKATA 2