ACIT, New Delhi V. M/s. Saket Motors Pvt. Ltd., New Delhi

ITA 5572/DEL/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 7055 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-06-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 19-04-2016
• Assessment Year: 2004-2005
• Appeal Filed On: 15-10-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: V RAJ KUMAR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH G NEW DELHI) BEFORE SHRI I.C. SUDHIR AND SHRI O. P .KANT ITA NO. 55 72 /DEL/201 3 ASSESSMENT YEAR: 200 4 - 0 5 ACIT, VS. SAKET MOTORS PVT. LTD., CIRCLE - 7(1), PLOT NO. 71, BLOCK - 2, NEW DELHI. MCIE, BADARPUR, MATHURA RD., NEW DELHI. (PAN: AAAC S2655E ) (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI V. RAJKUMAR, ADV. DEPARTM ENT BY: SMT. RISHPAL BEDI, SR. DR DATE OF HEARING : 14 . 0 4 .201 6 DATE OF PRONOUNCEMENT: 29 : 0 6 .201 6 ORDER PER I.C. SUDHIR : JUDICIAL MEMBER AFTER CONSIDERING SUBMISSIONS MADE BY THE PARTIES , WE FIND SUBSTANCE IN THE PR ELIMINARY OBJECTION RAISED BY THE LEARNED AR AND ACCORDINGLY HOLD THAT THE ABOVE APPEAL PREFERRED BY THE REVENUE HAVING TAX EFFECT BELOW RS.10 LACS IS NOT MAINTAINABLE SINCE THE APPEAL HA S BEEN PREFERRED IN VIOLATION OF CBDT CIRCULAR NO. 21/2015 DATED 10.1 2.2015 ENFORCEABLE UNDER SECTION 268A OF THE INCOME - TAX ACT, 1961. THE APPEAL IS ACCORDINGLY DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON . 0 6 . 201 6 ( O.P . K A NT ) ( I.C. S UDHIR ) ACCOU NTANT MEMBER JUDICIAL MEMBER DATED: / 0 6 /201 6 MOHAN LAL 2 COPY FORWARDED TO: 1) APPELLANT 2) RESPONDENT 3) CIT 4) CIT(APPEALS) 5) DR:ITAT ASSISTANT REGISTRAR DATE DRAFT DICTATED DIRECTLY ON COMPUTER 29 . 0 6 .201 6 DRAFT PLACED BEFORE AUTHOR 29 . 0 6 .2016 DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. 29 .06 .2016 APPROVED DRAFT COMES TO THE SR.PS/PS 30 . 0 6 .2016 KEPT FOR PRONOUNCEMENT ON 29 .0 6 .2016 FILE SENT TO THE BENCH CLERK 30 . 0 6 .2016 DATE ON WHICH FILE GOES TO THE AR DATE ON WHICH FILE GOES TO THE HEAD CLERK. DATE OF DISPATCH OF ORDER.