ACIT, New Delhi V. M/s. ACE International, New Delhi

ITA 4806/DEL/2016

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 7330 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 4 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-01-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 08-09-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER I.T.A NO.4806/DEL/2016 ASSESSMENT YEAR: 2007-08 ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-30(1), NEW DELHI. VS. M/S. ACE INTERNATIONAL, M-19, 1 ST FLOOR, M-BLOCK MARKET, GREATER KAILASH-II, NEW DELHI. TAN/PAN: AAAFA 8218J (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI PRAVEEN KUMAR, SR.D.R. RESPONDENT BY: NONE DATE OF HEARING: 14 01 2019 DATE OF PRONOUNCEMENT: 14 01 2019 O R D E R PER AMIT SHUKLA, J.M.: THE AFORESAID APPEAL HAS BEEN FILED BY THE REVENUE AGAINST THE IMPUGNED ORDER DATED 30.06.2016 PASSED BY COMMISSIONER OF INCOME TAX (APPEALS)-X, NEW DELHI F OR THE ASSESSMENT YEAR 2007-08. 2. HERE IN THIS APPEAL OF THE REVENUE, THE AMOUNT I N DISPUTE IS RS.32,11,053/- ON WHICH TAX EFFECT IS MU CH BELOW THE NEW PRESCRIBED MONETARY LIMIT FOR FILING OF APP EAL BY THE DEPARTMENT BEFORE THE ITAT OF RS.20 LAC VIDE CBDT C IRCULAR NO.03/2008 [F.NO.279/MISC.142/2007-ITJ (PT)] DATED 11 TH I.T.A. NO.4806/DEL/2016 2 JULY, 2018. ACCORDINGLY, THE APPEAL OF THE REVENUE IS DISMISSED AS NON MAINTAINABLE BECAUSE OF LOW TAX EF FECT. 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 14 TH JANUARY, 2019. SD/- SD/- [O.P. KANT] [AMIT SHUKLA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 14 TH JANUARY, 2019 PKK: