ITO 10(2)(2), MUMBAI V. PILOT CONSTRUCTION P.LTD, MUMBAI

ITA 4982/MUM/2014

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 3963 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-05-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 16-05-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 01-08-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S K AGARWALDR
• Assessee Lawyers: UTTAM CHAND BOTHRAAR

Judgement Text

, INCOME-TAX APPELLATE TRIBUNAL C BENCH MUMBAI , , BEFORE S/SHJOGINDER SINGH,JUDICIAL MEMBER & RAJE NDRA,ACCOUNTANT MEMBER ./I.T.A./4982/MUM/2014, /ASSESSMENT YEAR: 2010-11 INCOME TAX OFFICER-10(2)(2), ROOM NO.458, 4 TH FLOOR, AAYAKAR BHAVAN,MK ROAD, MUMBAI-400020. VS. M/S. PILOT CONSTRUCTION P. LTD. 402, SAGAR AVENUE, PLOT NO.54-B, JUNCTION OF S.V. ROAD & LALLUBHAI PARK ANDHERI(W) MUMBAI-400 058. PAN:AAACP 2128 D ( /APPELLANT ) ( / RESPONDENT ) REVENUE BY: SHRI S.K. AGARWAL-DR ASSESSEE BY: SHRI UTTAM CHAND BOTHRA-AR / DATE OF HEARING: 16.05.2016 / DATE OF PRONOUNCEMENT: 16.05.2016 ,1961 254(1) ORDER U/S.254(1)OF THE INCOME-TAX ACT,1961(ACT) PER RAJENDRA, AM - THE ABOVE APPEAL WAS FILED BY THE ASSESSING OFFICER (AO) RAISING VARIOUS GROUNDS OF APPEAL FOR THE ABOVE MENTIONED ASSESSMENT YEAR.THE TAX EFF ECT INVOLVED IN THIS APPEAL IS BELOW THE MONETARY LIMIT,(RS.10,00,000/-) PRESCRIBED BY THE CENTRAL BOARD OF DIRECT TAXES (CBDT), VIDE ITS CIRCULAR NO.21/2015(F.NO.279/MISC. 142/200 7-ITJ (PT.) DATED 10 TH DECEMBER, 2015. 2. THE DEPARTMENTAL REPRESENTATIVE (DR) AND AUTHORISED REPRESENTATIVES (AR),WHO APPEARED BEFORE THE BENCH, FAIRLY CONCEDED THAT THE TAX INVOLVED IN THE ABOVE APPEAL WAS LESS THAN RS.10.00 LACS. CONSIDERING THESE FACTS,WE DISM ISS THE APPEAL HOLDING IT AS NOT MAINTAINABLE. AS A RESULT, APPEAL FILED BY THE ASSESSING OFFICER STANDS DISMISSED. . ORDER PRONOUNCED IN THE OPEN COURT ON 16 TH MAY,2016. 16 , 2016 SD/- SD/- /JOGINDER SINGH) ( / RAJENDRA) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 16.05.2016. JV.SR.PS. / COPY OF THE ORDER FORWARDED TO : 1. APPELLANT / 2. RESPONDENT / 3. THE CONCERNED CIT(A)/ , 4. THE CONCERNED CIT / ITANO.4982/M/14 2 5. DR G BENCH, ITAT, MUMBAI / , , . . 6. GUARD FILE/ //TRUE COPY// / BY ORDER, / DY./ASST. REGISTRAR , /ITAT, MUMBAI.