Assistant Commissioner of Income-tax, (OSD), Ward -1 (4), Nashik V. M/s. Tough Metaliks Pvt.Ltd, Nashik

ITA 526/PUN/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9539 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 3 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-07-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 03-04-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect; Tax effect
• Section: 147

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “B”, PUNE BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER ITA No.526/PUN/2019 निर्धारण वषा / Assessment Year : 2010-11 ACIT (OSD), Ward 1(4), Nashik Vs. M/s. Tough Metaliks Pvt. Ltd. C-155/156, MIDC, Malegaon, Sinnar, Nashik – 422103 PAN: AAACT2819D Appellant Respondent आदेश / ORDER PER S.S. GODARA, JM : This Revenue‟s appeal for A.Y.2010-11 is directed against the CIT(A)-1, Nashik‟s order dated 01.01.2019 passed in case No.Nask/CIT(A)-1/407/2015-16 in proceedings u/s.144 r.w.s 147 of the Income Tax Act, in short “the Act”. Case called twice. None appears at the assessee‟s behest. It is accordingly proceeded ex-parte. Assessee by None Revenue by Shri M.G. Jasnani Date of hearing 06-07-2022 Date of pronouncement 07-07-2022 ITA No.526/PUN/2019 M/s. Tough Metaliks Pvt. Ltd. 2 2. We find from the records that the tax effect involved in the instant appeal is Rs.50,323/- only as per the relevant column No.10 in Form 36 herein. We thus quote the CBDT‟s circular no.17/2019 dated 08-08-2019 revising upward the monetary limits for filing of appeals by the department in Income-tax cases before various appellate forums. The earlier circular No.03/2018 dated 11-07-2018 had fixed monetary limit for filing of appeals by the Revenue before the tribunal at Rs.20.00 lakhs which stands enhanced in the Circular dated 08-08-2019 to Rs.50.00 lakhs qua all pending appeals as well. All these facts have gone unrebutted from the Revenue side. We accordingly reject its instant appeal. 3. This Revenue‟s appeal is dismissed for involving lower than the prescribed tax effect in above terms. Order pronounced in the Open Court on 7 th July, 2022. Sd/- Sd/- (DIPAK P. RIPOTE) (S.S. GODARA) ACCOUNTANT MEMBER JUDICIAL MEMBER प ु णे Pune; ददिधांक Dated : 7 th July, 2022 GCVSR ITA No.526/PUN/2019 M/s. Tough Metaliks Pvt. Ltd. 3 आदेश की प्रतिलिपि अग्रेपिि/Copy of the Order is forwarded to: 1. अपीऱधर्थी / The Appellant; 2. प्रत्यर्थी / The Respondent; 3. The CIT(A)-1, Nashik 4. 5. The Pr.CIT-1, Nashik विभागीय प्रविविवि, आयकर अपीलीय अविकरण, पुणे “B” / DR „B‟, ITAT, Pune 6. गार्ड फाईल / Guard file आदेशान ु सार/ BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अविकरण ,पुणे / ITAT, Pune Date 1. Draft dictated on 06-07-2022 Sr.PS 2. Draft placed before author 07-07-2022 Sr.PS 3. Draft proposed & placed before the second member JM 4. Draft discussed/approved by Second Member. JM 5. Approved Draft comes to the Sr.PS/PS Sr.PS 6. Kept for pronouncement on Sr.PS 7. Date of uploading order Sr.PS 8. File sent to the Bench Clerk Sr.PS 9. Date on which file goes to the Head Clerk 10. Date on which file goes to the A.R. 11. Date of dispatch of Order.