ACIT, Haldwani V. M/s. Rudrapur Solvent Pvt. Ltd., Rudrapur

ITA 4974/DEL/2015

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 1905 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: H
• Assessment Year: 2007-2008
• Appeal Filed On: 03-08-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: ABHISHEK ANAND
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI A. N. MISSHRA, ACCOUNTANT MEMBER I.T.A. NO.4974/DEL/2015 ASSESSMENT YEAR: 2007-08 ASST. CIT, CIRCLE-1, HALDWANI. V. M/S. RUDRAPUR SOLVENT PVT. LTD., KICHHA ROAD, LALPUR, RUDRAPUR. TAN/PAN: AACCR 0013M (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI AMIT KATOCH, SR.D.R. RESPONDENT BY: SHRI ABHISHEK ANAND, CA DATE OF HEARING: 19 11 2018 DATE OF PRONOUNCEMENT: 19 11 2018 O R D E R PER AMIT SHUKLA, J.M.: THE AFORESAID APPEAL HAS BEEN FILED BY THE ASSESSEE AGAINST THE IMPUGNED ORDER DATED 12.05.2015 PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS), HALDWANI. 2. ADMITTEDLY, THE TOTAL INCOME ASSESSED BY THE ASS ESSING OFFICER IS RS.50,89,800/- 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 JULY, 2018. ACCORDINGLY, THE APPEAL OF THE REVENUE IS DISMISSED AS NON MAINTAINABLE BECAUSE OF LOW TAX EF FECT. I.T.A. NO.4974/DEL/2015 2 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 19 TH NOVEMBER, 2018. SD/- SD/- [A.N. MISSHRA] [AMIT SHUKLA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 19 TH NOVEMBER, 2018 PKK: