Appeal Details
Counselvise Citation
[2018] 112 COUNSELVISE.COM (IT) 5178 (ITAT-CHENNAI)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
7 month(s) 22 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
04-10-2018
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
A
Assessment Year
2006-2007
Appeal Filed On
12-02-2018
Judgement Text
, , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, CHENNAI . . . , , ' BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER / .I.T.A. NO. 483/CHNY/2018 /ASSESSMENT YEAR : 2006-07 THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -1, SALEM. VS. M/S. TAMIL NADU STATE TRANSPORT CORPORATION (SALEM) LTD., NO. 12, RAMAKRISHNA ROAD, SALEM 636 007. [PAN: AAACT 7678J] ( /APPELLANT) ( /RESPONDENT) REVENUE BY : SHRI. S. BHARATH, CIT ASSESSEE BY : SHRI. G. BASKAR & SHRI. A. SUSHMA HARINI, ADVOCATE $ /DATE OF HEARING : 04.10.2018 $ /DATE OF PRONOUNCEMENT : 04.10.2018 / O R D E R PER S. JAYARAMAN, ACCOUNTANT MEMBER: THE REVENUE FILED THIS APPEAL AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-7, SALEM IN ITA NO 65/2008-09 DATED 30.11.2017 FOR ASSESSMENT YEAR 2006-07. :- 2 -: ITA NO. 483/CHNY/2018 2. ON HEARING THE LD. DR, WE FIND THAT THE TAX EFFE CT IN THIS CASE IS LESS THAN RS. 20 LAKHS. THE CBDT IN ITS CIRCULAR NO. 3/ 2018 DATED 11.07.2018 INSTRUCTED ITS OFFICERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WHERE THE TAX EFFECT IS LESS THAN RS. 20 LAKHS. TH IS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BI NDING ON THE OFFICERS OF THE DEPARTMENT. THEREFORE, THE REVENUE CANNOT PROCEED FURTHER IN THIS APPEAL. ACCORDINGLY, THIS APPEAL STANDS DISMISSED. 3. IN THE RESULT, THE REVENUES APPEAL IS DISMISSED . ORDER PRONOUNCED ON THURSDAY, THE 04 TH DAY OF OCTOBER, 2018 AT CHENNAI. SD/- ( . . . ) (N.R.S. GANESAN) /JUDICIAL MEMBER SD/- ( ) (S. JAYARAMAN) /ACCOUNTANT MEMBER /CHENNAI, ) /DATED: 04 TH OCTOBER , 2018 JPV $*+,-, /COPY TO: 1. / /APPELLANT 2. *0/ /RESPONDENT 3. 1 ) ( /CIT(A) 4. 1 /CIT 5. ,* /DR 6. 4 /GF
Mehul