DCIT, New Delhi V. M/s. R.M. Entertainment, New Delhi

ITA 5217/DEL/2015

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 1714 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-11-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2012-2013
• Appeal Filed On: 19-08-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SHAILESH KUMAR
• Assessee Lawyers: SAN T KAPOOR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & SHRI L.P. SAHU, ACCOUNTANT MEMBER I.T.A. NO.5217/DEL/2015 ASSESSMENT YEAR: 2010-11 DY.CIT, CENTRAL CIRCLE-29, NEW DELHI. V. M/S. R.M. ENTERTAINMENT 60, FRIENDS COLONY (EAST), NEW DELHI. TAN/PAN: AADFR 1985L (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI SHAILESH KUMAR, SR.D.R. RESPONDENT BY: SHRI SANT KAPOOR, ADV. DATE OF HEARING: 26 11 2018 DATE OF PRONOUNCEMENT: 26 11 2018 O R D E R PER AMIT SHUKLA, J.M.: THE AFORESAID APPEAL HAS BEEN FILED BY THE REVENUE AGAINST THE IMPUGNED ORDER DATED 25.05.2015 PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS)-XXX, NEW DELHI . 2. HERE IN THIS APPEAL OF THE REVENUE, THE AMOUNT I N DISPUTE IS RS.40,66,923/- 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.5217/DEL/2015 2 3. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 26 TH NOVEMBER, 2018. SD/- SD/- [L.P. SAHU] [AMIT SHUKLA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED:.26 TH NOVEMBER, 2018 PKK: I.T.A. NO.5217/DEL/2015 3 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR ASSISTANT REGISTRAR DATE 1. DRAFT DICTATED ON (DIRECT ON COMPUTER) 26.11.2018 2. DRAFT PLACED BEFORE AUTHOR 26.11.2018 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. 5. APPROVED DRAFT COMES TO THE SR.PS/PS 6. KEPT FOR PRONOUNCEMENT ON 7. FILE COMES BACK TO PS/SR. PS 8. UPLOADED ON 9. FILE SENT TO THE BENCH CLERK 10. DATE ON WHICH FILE GOES TO THE AR 11. DATE ON WHICH FILE GOES TO THE HEAD CLERK. 12. DATE OF DISPATCH OF ORDER.