ACIT, CIRCLE- 17(1), NEW DELHI V. MONNET PROJECTS DEVELOPERS LTD., NEW DELHI

ITA 5561/DEL/2017

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 8717 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 4 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-01-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2012-2013
• Appeal Filed On: 31-08-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SARAS KUMAR
• Keywords: Tax effect
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH FRIDAY, NEW DELHI , . , BEFORE MS. SUSHMA CHOWLA, JM & DR. B.R.R. KUMAR, A M / ITA NO.- 5561/DEL/2017 / ASSESSMENT YEAR 2012-13 ACIT, CIRCLE-17(1), .......... ! /APPELLANT NEW DELHI VS M/S MONNET PROJECT DEVELOPERS LTD., (EARLIER KNOWN AS M/S MONNET SUGAR LTD., . '# ! / RESPONDENT 11, MASJID MOTH, GREATER KAILASH PART II, NEW DELHI PAN-AADCM3323Q AND 26 OTHERS AS PER ANNEXURE-1 !$%& / APPELLANT BY : SH. SARAS KUMAR, SR. DR '# !$%& / RESPONDENT BY : NONE & AS PER ANNEXURE-1 '$()* / DATE OF HEARING : 10.01.2020 +, $ ()* / DATE OF PRONOUNCEMENT: 17.01.2020 / ORDER PER SUSHMA CHOWLA, JM: THE CAPTIONED APPEAL IN ITA NO. 5561/DEL/2017 AND 2 6 APPEALS [AS PER ANNEXURE-1] PREFERRED BY THE REVENUE, HAVE BEEN LISTED BY THE REGISTRY BEFORE THE BENCH ON THE GROUND THAT THEY DO NOT SUR VIVE FOR CONSIDERATION IN VIEW OF THE CBDT CIRCULAR NO. 17/2019 DATED 8 TH AUGUST, 2019. 2 2. THE LD. DR FOR THE REVENUE POINTED OUT THAT THE PRESENT APPEALS ARE TO BE WITHDRAWN AS THE TAX EFFECT INVOLVED IN THE C ASES ARE BELOW RS.50 LACS. 3. THE CBDT VIDE CIRCULAR NO.17/2019 DATED 08.08.20 19 HAS REVISED THE MONETARY LIMIT FOR FILING THE APPEALS BEFORE TH E TRIBUNAL TO RS.50 LACS. FURTHER, CBDT VIDE LETTER DATED 20.08.2019 HAS ALSO CLARIFIED THAT CIRCULAR NO.17/2019 WOULD BE APPLICABLE TO ALL PENDING APPEA LS. IN SUCH CIRCUMSTANCES, THE PRESENT APPEALS FILED BY THE REV ENUE IN CASE OF LOW TAX EFFECT ARE NOT MAINTAINABLE. 4. BEFORE PARTING, WE CLARIFY HERE THAT THE REVENUE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR RE-INSTITUTION OF APPEALS , IF THE REQUISITE MATERIAL IS BROUGHT TO SHOW THAT THE APPEALS ARE PROTECTED B Y THE EXCEPTIONS PRESCRIBED IN PARA 10 OF THE CIRCULAR DATED 11.07.2 018. 5. IN CONCLUSION, BY APPLYING THE CBDT CIRCULAR DAT ED 08.08.2019 AND LETTER DATED 20.08.2019 (SUPRA), THE CAPTIONED APPE ALS OF THE REVENUE ARE DISMISSED AS WITHDRAWN/NOT PRESSED. 6. IN THE RESULT, ALL THE APPEALS FILED BY THE REVE NUE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 17 TH DAY OF JANUARY, 2020. SD/- SD/- (B.R.R. KUMAR) (SUS HMA CHOWLA) &* - &* - &* - &* - /ACCOUNTANT MEMBER - - - - /JUDICIAL MEMBER / DATED : 17 TH JANUARY, 2020 SH 3 & $ '(. /&.(/ COPY OF THE ORDER IS FORWARDED TO : 1. ! / THE APPELLANT; 2. '# ! / THE RESPONDENT; 3. 1 2 / THE PR. CIT 4. .34 '( , / DR, ITT, DELHI 5. 456' 0 GUARD FILE. & & & & / BY ORDER , #.('( // TRUE COPY // 89-: , AR, ITAT, DELHI DRAFT DICTATED 10.01.2020 DRAFT PLACED BEFORE AUTHOR 10.01.2020 APPROVED DRAFT COMES TO THE SR.PS/PS 1 7 .01.2020 ORDER SIGNED AND PRONOUNCED ON FILE SENT TO THE BENCH CLERK 1 7 .01.2020 DATE ON WHICH FILE GOES TO THE AR DATE ON WHICH FILE GOES TO THE HEAD CLERK. DATE OF DISPATCH OF ORDER. DATE OF UPLOADING ON THE WEBSITE 1 7 .01.2020 4 ANNEXURE - 1 SL. NO. APPEAL NO. ASSTT. YEAR NAME OF APPELLANT NAME OF RESPONDENT PAN NAME OF AR- (SHRI/KUM/SMT) 1 ITA 431/DEL-2018 2012-13 DCIT, CIRCLE- 2(1)(1), NEW DELHI HERTWICH ENGINEERING AACCH3745E NONE 2 ITA 455/DEL-2018 2013-14 ITO , WARD - 1 7 ( 4 ), NEW DELHI NAVBHARAT INTERNATIONAL LTD. AABCN9065G NONE 3 ITA 5087/DEL-2018 2014-15 ACIT, CIRCLE- KARNAL SH . RAMGOPAL PROPRIETER ABFPG9454L NONE 4 ITA 5192/DEL-2018 2014-15 DCIT, CIRCLE - 22(2), NEW DELHI M/S SG S INFRATECH LTD. AABCS6180M NONE 5 ITA 5622/DEL-2018 2007-08 ITO, WARD-63(5), NEW DELHI THE JWALA COOP. URBAN THRIFT & CREDIT SOCIETY LTD. AABAT0924C NONE 6 ITA 6136/DEL-2018 2015-16 DCIT, CENTRAL CIRCLE- 18, NEW DELHI M/S UTECH DEVELOPERS LTD. AAACU8713H NONE 7 ITA 6169/DEL-2018 2012-13 ACIT, CENTRAL CIRCLE- 19, NEW DELHI M/S KAPIS IMPEX LLP AARFK7460P SH. PIYUSH K. KAMAL, ADV 8 C.O. NO. 206/DEL/2018 2012-13 BRAHAMPUTRA INFRASTRUCTURE LTD DCIT, CC- 15, NEW DELHI AAACB8918K SH. PIYUSH K. KAMAL, ADV 9 ITA 6172/DEL-2018 2011-12 ACIT, CC- 19, NEW DELHI M/S MURLI TRADEX LLP AAALM2962R SH. PIYUSH K. KAMAL, ADV 10 C.O. NO. 209/DEL/2018 2011-12 M/S MURLI TRADEX LLP ACIT, CC- 19, NEW DELHI AAALM2962R SH. PIYUSH K. KAMAL, ADV 11 ITA 7737/DEL-2018 2014-15 DCIT, CC-13(2), NEW DELHI M/S JINDAL STAINLESS STEEL LTD. AABCJ4346C NONE 12 ITA 7748/DEL-2018 2013-14 ACIT, CIRCLE- 18(2), NEW DELHI M/S NOGLE TECHNOLOGIES P. LTD AADCN5003G NONE 13 ITA 7868/DEL-2018 2013-14 ACIT, CIRCLE-46(1), NEW DELHI M/S AJAY EXPORT AAAFA4705E SH. V.K. GARG, ADV 14 ITA 8014/DEL-2018 2012-13 DCIT, (EXEMPTIN), CIRCLE-GHAZIABAD M/S MANAV SEWA SANGH VRINDABAN AAATM1485H NONE 15 ITA 8037/DEL-2018 2015-15 ITO, WARD-3, PANIPAT SH. TRILOK CHAND JAWA HUF AABHT7689B NONE 16 ITA 8199/DEL-2018 2015-16 ACIT, CIRCLE- 19(2), NEW DELHI M/S PARAM MITRA INVESTMENT P. LTD. AAHCP6311R NONE 17 ITA 8201/DEL-2018 2015-16 ACIT, CIRCLE- 19(2), NEW DELHI M/S PPAP AUTOMOTIVE LTD,. AAACP5144P NONE 18 ITA 8337/DEL-2018 2014-15 ITO, WARD-2(2), GURGAON SHRI. JEET RAM ALIPR3861A NONE 19 ITA 511/DEL-2019 2015-16 DCIT, (EXEMPTION) CIRCLE, GHAZIABAD M/S DOON EDUCATION & ASSOCIATES SERVICES AAAAR3499M NONE 5 SOCIETY , DEHRADUN 20 ITA 6257/DEL-2017 2014-15 ACIT, EXEMPTION, NEW DELHI GYAN MANDIR SOCIETY AAATG0311N NONE 21 ITA 6555/DEL-2017 2014-15 ACIT, CC-26, NEW DELHI SANJAY DALMIA AADPD9438N NONE 22 ITA 6442/DEL-2017 2013-14 ADDL. CIT, SPECIAL RANGE-7, NEW DELHI OM NANOTECH PVT. LTD. AACCB4275B NONE 23 ITA 6443/DEL-2017 2014-15 ADDL. CIT, SPECIAL RANGE-7, NEW DELHI OM NANOTECH PVT. LTD. AACCB4275B NONE 24 ITA 768/DEL/2019 2015-16 DCIT, NEW DELHI M/S C & C CONSTRUCTION LTD AAACC4543R NONE 25 ITA 1560/DEL-2019 2013-14 ITO, WARD-4(4), NEW DELHI BHANDARI BUILDERS P. LTD. AAACB2570R NONE 26 ITA 656/LKW -2015 2011-12 ITO-2(1), LUCKNOW M/S CHANDAN HEALTH CARE LTD. AACCC1996N NONE