ITO, New Delhi V. M/s. Shipra Technology Pvt. Ltd., New Delhi

ITA 5070/DEL/2013

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 6681 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 6 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-03-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 10-03-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 02-09-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ANIMA BARNWAL SENIOR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH G GG G : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT AND AND AND AND SHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO. ITA NO. ITA NO. ITA NO. 5070/DEL/2013 5070/DEL/2013 5070/DEL/2013 5070/DEL/2013 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2010 2010 2010 2010 - -- - 11 1111 11 INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, WARD WARD WARD WARD- -- -8(2), 8(2), 8(2), 8(2), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. M/ M/M/ M/ S SHIPRA TECHNOLOGY PVT.LTD., S SHIPRA TECHNOLOGY PVT.LTD., S SHIPRA TECHNOLOGY PVT.LTD., S SHIPRA TECHNOLOGY PVT.LTD., S SS S- -- -410, GREATER KAILASH 410, GREATER KAILASH 410, GREATER KAILASH 410, GREATER KAILASH- -- -II, II,II, II, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 048. 110 048. 110 048. 110 048. PAN : AAKCS4275N. PAN : AAKCS4275N. PAN : AAKCS4275N. PAN : AAKCS4275N. (APPELLANT) (RESPONDENT) CROSS OBJECTION NO.37/DEL/2014 CROSS OBJECTION NO.37/DEL/2014 CROSS OBJECTION NO.37/DEL/2014 CROSS OBJECTION NO.37/DEL/2014 ASSESSMENT YEAR : 2010 ASSESSMENT YEAR : 2010 ASSESSMENT YEAR : 2010 ASSESSMENT YEAR : 2010 - -- - 11 1111 11 M/S SHIPRA TECHNOLOGY M/S SHIPRA TECHNOLOGY M/S SHIPRA TECHNOLOGY M/S SHIPRA TECHNOLOGY PVT.LTD., PVT.LTD., PVT.LTD., PVT.LTD., S SS S- -- -410, GREATER KAILASH 410, GREATER KAILASH 410, GREATER KAILASH 410, GREATER KAILASH- -- -I II II, I,I, I, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 048. 110 048. 110 048. 110 048. PAN : AAKCS4275N. PAN : AAKCS4275N. PAN : AAKCS4275N. PAN : AAKCS4275N. VS. VS. VS. VS. INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, WARD WARD WARD WARD- -- -8(2), 8(2), 8(2), 8(2), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) REVENUE BY : SMT. ANIMA BARNWAL, SENIOR DR. ASSESSEE BY : NONE. DATE OF HEARING : 10.03.2016 10.03.2016 10.03.2016 10.03.2016 DATE OF PRONOUNCEMENT : 10.03.2016 10.03.2016 10.03.2016 10.03.2016 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP : :: :- -- - THE APPEAL BY THE REVENUE AND THE CROSS-OBJECTION BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-XI, NEW DELHI DATED 12 TH JUNE, 2013. 2. AT THE TIME OF HEARING BEFORE US, NOBODY APPEARE D ON BEHALF OF THE ASSESSEE. THE APPEAL OF THE REVENUE AND THE CR OSS-OBJECTION OF THE ASSESSEE ARE, THEREFORE, BEING DECIDED EX-PARTE QUA THE ASSESSEE ON MERITS AFTER HEARING THE ARGUMENTS OF LEARNED DR . ITA-5070/D/2013 & C.O. NO.37/D/2014 2 3. WE HAVE HEARD THE ARGUMENTS OF LEARNED DR AND HA VE PERUSED RELEVANT MATERIAL PLACED BEFORE US. IT IS OBSERVED THAT THE TAX EFFECT IN THE PRESENT APPEAL OF THE REVENUE IS BELOW `10 LAKH S. AS PER CIRCULAR NO.21/2015 DATED 10 TH DECEMBER, 2015, THE CBDT HAS CLEARLY LAID DOWN THAT THE REVENUE SHOULD NOT PREFER APPEALS BEF ORE THE ITAT IF THE TAX EFFECT INVOLVED IN THE APPEAL, EXCLUDING INTERE ST, IS LESS THAN `10 LAKHS. IN VIEW THEREOF, THE APPEAL FILED BY THE RE VENUE IS NOT MAINTAINABLE AND IS DISMISSED. 4. SINCE WE HAVE ALREADY DISMISSED THE APPEAL OF TH E REVENUE, THE GROUNDS RAISED BY THE ASSESSEE IN ITS CROSS-OBJECTI ON, WHICH ARE MERELY IN SUPPORT OF THE ORDER OF LEARNED CIT(A), DO NOT S URVIVE FOR ADJUDICATION. THE SAME ARE, THEREFORE, DISMISSED. 5. IN THE RESULT, THE APPEAL OF THE REVENUE AS WELL AS THE CROSS- OBJECTION OF THE ASSESSEE IS DISMISSED. DECISION PRONOUNCED IN THE OPEN COURT ON 10.03.2016 . SD/- SD/- (SUDHANSHU SRIVASTAVA (SUDHANSHU SRIVASTAVA (SUDHANSHU SRIVASTAVA (SUDHANSHU SRIVASTAVA ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. ASSESSEE : M/S SHIPRA TECHNOLOGY PVT.LTD., M/S SHIPRA TECHNOLOGY PVT.LTD., M/S SHIPRA TECHNOLOGY PVT.LTD., M/S SHIPRA TECHNOLOGY PVT.LTD., S SS S- -- -410, GREATER KAILASH 410, GREATER KAILASH 410, GREATER KAILASH 410, GREATER KAILASH- -- -II, II,II, II, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 048. 110 048. 110 048. 110 048. 2. REVENUE : INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD- -- -8(2), NEW DELHI. 8(2), NEW DELHI. 8(2), NEW DELHI. 8(2), NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR