ITO 15(3)(3), MUMBAI V. AIRPORT AUTHORITY OF INDIA STAFF CO OP CREDIT SOCIETY LTD, MUMBAI

ITA 5264/MUM/2014

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 3647 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-03-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 19-08-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M MURLI

Judgement Text

, , , , INCOME-TAX APPELLATE TRIBUNAL -ABENCH MUMBAI , BEFORE S/SH.RAJENDRA,ACCOUNTANT MEMBER AND AMIT SHUKLA,JUDICIAL MEMBER ./I.T.A/5264/MUM/2014 , / ASSESSMENT YEAR: 2010-11 ITO-15(3)(3) ROOM NO.117, 1 ST FLOOR MATRU MANDIR, TARDEO GRANT ROAD (W) MUMBAI-400 007. VS. M/S. AIRPORT AUTHORITY OF INDIA STAFF CO OP CREDIT SOCIETY LTD. A-11/16, NEW QUARTERS BAMANWALA, VILE PARLE(E) MUMBAI-400 099. PAN:AABTA 2530 N ( /APPELLANT ) ( / RESPONDENT ) REVENUE BY: SHRI M.MURLI ASSESSEE BY: NONE / DATE OF HEARING: 09.03.2016 / DATE OF PRONOUNCEMENT: 09.03.2016 ,1961 254(1) ORDER U/S.254(1)OF THE INCOME-TAX ACT,1961(ACT) PER BENCH - THE ABOVE APPEAL WAS FILED BY THE ASSESSING OFFICER (AO) RAISING VARIOUS GROUNDS OF APPEAL FOR THE ASSESSMENT YEAR MENTIONED ABOVE.THE TAX EFF ECT INVOLVED IN THE CASE 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. 142/2007-ITJ (PT.) DATED 10 TH DECEMBER, 2015. 2. NONE APPEARED FOR THE ASSESSEE,AS STATED EARLIER.TH E DEPARTMENTAL REPRESENTATIVE (DR),ON A QUERY BY THE BENCH,FAIRLY CONCEDED THAT THE TAX I NVOLVED IN THE ABOVE CASE WAS LESS THAN RS.10.00 LACS. CONSIDERING THESE FACTS,WE DISMISS T HE APPEAL HOLDING IT AS NOT MAINTAINABLE. AS A RESULT, APPEAL FILED BY THE ASSESSING OFFICER STANDS DISMISSED. . ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH MARCH, 2016. 9 , 2016 SD/- SD/- ( / AMIT SHUKLA ) ( !' / RAJENDRA ) #$ / JUDICIAL MEMBER !%#$ / ACCOUNTANT MEMBER MUMBAI, DATE: 09.03.2016 JV.SR.PS. / COPY OF THE ORDER FORWARDED TO : 1. APPELLANT / 2. RESPONDENT / 5264/14-AIRPORT AUTHORITY OF INDIA 2 3. THE CONCERNED CIT(A)/ , 4. THE CONCERNED CIT / 5. DR A BENCH, ITAT, MUMBAI / , , . . . 6. GUARD FILE/ //TRUE COPY// / BY ORDER, / DY./ASST. REGISTRAR , /ITAT, MUMBAI.