ACIT, Kota V. KOTA SAHAKARI BHOOMI VIKAS BANK LTD., Kota

ITA 582/JPR/2013

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 99574 (ITAT-JAIPUR)
• Duration Of Justice: 2 year(s) 6 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 30-05-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES, JAIPUR JH VKJ-IH-RKSYKUH] U;KF;D LNL; ,OA JH FOE FLAG ;KN O] YS[KK LNL; DS LE{K BEFORE: SHRI R.P. TOLANI, JM & SHRI VIKRAM SINGH YA DAV, AM S.NO ITA NO. APPELLANT RESPONDENT CIT CIT APPEAL NO. AND DATE ASSTT YEAR 1. 582/JP/13 THE ACIT, CIR.1, KOTA. M/S.KOTA SAHAKARI BHOOMI VIKAS BANK LTD., KOTA. CIT A, AJMER. 320/10-11 DT.21.03.13 2008-09 2. 574/JP/13 THE ITO, WARD-1(2), KOTA. SH.SHIV SHANKER PAREEK, KOTA. CIT A, AJMER. 183/10-11 DT.21.03.13 2008-09 3. 580/JP/13 THE ACIT, CIR.1, KOTA. M/S.SHIV EDIBLES LTD., KOTA. CIT A, KOTA. 810/11-12 DT.21.03.13 2009-10 4. 306/JP/15 THE ITO, WARD-4(2), JAIPUR. SH.HIMMAT MAT DOSHI, JAIPUR. CIT A-2, JAIPUR. 495/13-14 DT.19.01.15 2011-12 5. CO 30/JP/15 SH.HIMMAT MAT DOSHI, JAIPUR. THE ITO, WARD-4(2), JAIPUR. -- -- 2011-12 6. 373/JP/13 THE ITO, WARD-1(1), KOTA. M/S.SADHWANI BROTHERS, KOTA. CIT A, KOTA. 478/08-09 DT.22.03.13 2003-04 7. 567/JP/12 THE ACIT,CIR.2, JAIPUR. M/S.JAIPUR RUGS CO.P.LTD., JAIPUR. CIT A-2, JAIPUR. 141/11-12 DT.15.03.12 2007-08 8. 460/JP/13 THE ACIT, CIR.1, KOTA. M/S.KOTA HEART INSTRITUTE & MEDICAL RESEARCH CENTRE, KOTA. CIT A, KOTA 809/11-12 DT.28.02.13 2009-10 9. 351/JP/13 THE ACIT, C.C.2, JAIPUR. SH.SUNIL KUMAR TIWARI, JAIPUR. CIT A- CENTRAL, JAIPUR. 318/09-10 DT.29.01.13 2008-09 10. 162/JP/15 THE ITO, WARD-2(3), LATE SH.BHIM SEN BATRA, CIT A, ALWAR. 327/13-14 DT.29.12.14 2010-11 . 2 ALWAR. ALWAR. 11. 568/JP/14 THE ITO, WARD-1(2), JAIPUR. SH.NARENDRA KR.KHANDELWAL, JAIPUR. CIT A-1, JAIPUR. 452/10-11 DT.05.06.14 2008-09 12. CO 27/JP/14 SH.NARENDRA KR.KHANDELWAL, JAIPUR. THE ITO, WARD-1(2), JAIPUR. -- -- 2008-09 13. 106/JP/13 THE ITO, WARD-1(2), JAIPUR. SH.MOTI CHAND JAIN, JAIPUR. CIT A-1, JAIPUR. 594/11-12 DT.09.11.12 2009-10 14. 221/JP/12 THE ITO, WARD-6(2), JAIPUR. M/S.MUDRA ASSOCIATES, JAIPUR. CIT A-2, JAIPUR. 591/10-11 DT.19.12.11 2008-09 15. CO 31/JP/12 M/S.MUDRA ASSOCIATES, JAIPUR. THE ITO, WARD-6(2), JAIPUR. -- -- 2008-09 16. 227/JP/15 THE ITO, WARD-7(4), JAIPUR. SH.ABDUL SAMI, JAIPUR. CIT A-3, JAIPUR. 472/13-14 DT.24.12.14 2008-09 17. CO 36/JP/15 SH.ABDUL SAMI, JAIPUR. THE ITO, WARD-7(4), JAIPUR. -- -- 2008-09 18. 222/JP/15 THE ITO, WARD-3(2), JAIPUR. SMT.JYOTI CHUG, JAIPUR. CIT A-1, JAIPUR. 450/11-12 DT.04.12.14 2007-08 19. 473/JP/13 THE ITO, WARD-1(1), KOTA. SH.RAM RATAN MODI, KOTA. CIT A, KOTA. 780/11-12 DT.28.02.13 2009-10 20. 219/JP/15 THE ITO, WARD-1(1), JAIPUR. SH.JITENDRA KR.AGARWAL, JAIPUR. CIT A-1, JAIPUR. 179/11-12 DT.18.12.14 2007-08 21. 101/JP/13 THE ITO, WARD-2(3), KOTA. SHIKSHA KARAMCHARI SAHAKARI SAMITI LTD., KOTA. CIT A, KOTA. 633/11-12 DT.26.11.12 2009-10 22. 375/JP/14 THE ITO, WARD-5(1), JAIPUR M/S.GEMORIUM, JAIPUR. CIT A-II, JAIPUR. 276/12-13 DT.28.03.14 2009-10 23. 350/JP/14 THE ITO, WARD-3, SAWAIMADHOPU R M/S.VASUDEV GUPTA CONTRACTOR, KARAULI. CIT A, KOTA. 240/11-12 DT.21.02.14 2004-05 24. 519/JP/13 THE ACIT, CIR.6, JAIPUR. SH.HARSH JAIN, JAIPUR. CIT A-2, JAIPUR. 258/11-12 DT.01.03.13 2009-10 25. CO 37/JP/13 SH.HARSH JAIN, JAIPUR. THE ACIT, CIR.6, JAIPUR. -- -- 2009-10 . 3 JKTLO DH VKSJ LS@ REVENUE BY : MS. NEENA JEPH, JCIT -DR FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI SIDHARTH RANKA (S.NO.6, ) SHRI ROHAN SOGANI (S.NO.7 & 13) SHRI VIPIN GARG (S.N. 8) SHRI S.L.PODDAR (S.NO. 13) LQUOKBZ DH RKJH[K@ DATE OF HEARING : 18/12/2015 . MN?KKS'K .KK DH RKJH[K @ DATE OF PRONOUNCEMENT : 18 /12/2015 . VKNS'K@ ORDER PER BENCH THE ABOVE LISTED APPEALS ARE FILED BY THE REVENUE (IN SOME CASE ASSESSEES CROSS OBJECTION AS LISTED ABOVE ARE ALSO FILED) AGAINST SEPARATE ORDERS OF THE LD. CIT(A)S ON DIFFERENT DATES FOR TH E DIFFERENT ASSESSMENT YEARS AS MENTIONED ABOVE. 2. DURING THE COURSE OF HEARING OF THESE APPEALS, M S. NEENA JEPH, JCIT -DR REPRESENTED DEPARTMENT. THE LD. AR OF THE ASSESSEES AS LISTED AT ABOVE MENTIONED SERIAL NUMBERS WERE PRESENT. B ESIDES IN SOME CASES NONE APPEARED FROM THE SIDE OF THE ASSESSEES WHICH ARE HEARD EX- PARTE AS THE CBDT CIRCULAR IS BENEFICIAL TO THEM. 2.1 WE HAVE HEARD LD DR, ARS PRESENT AND PERUSED TH E MATERIAL AVAILABLE ON THE RECORD IN RESPECT OF THE ABOVE APP EALS. IT IS OBSERVED THAT THE DEMAND/ TAX EFFECT IN THE EACH OF THE REVENUE APPEALS LISTED ABOVE IS . 4 NOT EXCEEDING RS. 10 LACS. UNDER THE POWERS VESTED BY SEC. 268A(1) OF THE I.T. ACT, CBDT HAS RECENTLY ISSUED CIRCULAR NO. 21 OF 2015 DATED 10.12.2015(F.NO.279/MISC. 142/2007-ITJ(PT) IN STRUCTING THE AUTHORITIES BELOW THAT DEPARTMENTAL APPEAL SHOU LD NOT BE FILED BEFORE ITAT WHERE THE DEMAND/TAX EFFECT DOES NOT EXCEED RS.10 LACS. THE CIRCULAR SPECIFICALLY MENTI ONS THAT IT WILL BE APPLICABLE TO ALL PENDING APPEALS ALSO. 2.2. SUBJECT TO SOME EXCEPTIONS, IT IS FURTHER DIR ECTED BY CBDT THAT ALL THE DEPARTMENTAL APPEALS PENDING BEFORE ITAT WHERE THE DEMAND/TAX EFFECT IS NOT EXCEEDING RS. 10 LACS SHOULD BE EITHE R WITHDRAWN OR NOT PRESSED BY THE DEPARTMENTAL REPRESENTATIVES AT THE TIME OF HEARING. 2.3 THE REVENUE APPEALS LISTED ABOVE ARE NOT COV ERED BY ANY EXCEPTIONS MENTIONED IN THE SAID CBDT CIRCULAR. SIN CE THE TAX DEMAND IN DISPUTE IN EACH OF THESE DEPARTMENTAL APPEALS DOES NOT EXCEED THE LIMIT OF RS. 10 LACS AS SET OUT BY CBDT, SUCH APPEALS ARE NO T MAINTAINABLE. ACCORDINGLY, THE LD. DRS AGREE THAT THESE APPEALS OF THE DEPARTMENT MAY BE TREATED AS NOT PRESSED/WITHDRAWN AND DISMISSED I N VIEW OF THE CBDT CIRCULAR. 2.4. APROPOS COS, WE MAY MENTION THAT IN TER MS OF SEC 253(4) OF THE I.T. ACT, THE RIGHT THEREOF DEPENDS ON THE SURVIVAL OF CORRESPONDING . 5 REVENUE APPEAL. SINCE ALL THESE REVENUE APPEALS ARE WITHDRAWN / NOT PRESSED AND ARE CONSEQUENTLY INFRUCTUOUS AND DO NOT SURVIVE; AS A NECESSARY CONSEQUENCE THE CORRESPONDING COS WILL AL SO STAND DISMISSED AS NOT MAINTAINABLE. 3.0. IN THE RESULT, ALL THE APPEALS OF REVENUE AND COS AS LISTED ABOVE STAND DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 18 /12/ 2015. SD/- SD/- FOE FLAG ;KNO VKJ-IH-RKSYKUH (VIKRAM SINGH YADAV) (R.P.TOLANI) YS[KK LNL;@ ACCOUNTANT MEMBER U;KF;D LNL;@ JUDICIAL MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 18 /12/ 2015 *MISHRA VKNS'K DH IZFRFYFI VXZSF'KR@ COPY OF THE ORDER FORWARDED TO:- 1. VIHYKFKHZ@ THE APPELLANT- 2. IZR;FKHZ@ THE RESPONDENT- 3. VK;DJ VK;QDRVIHY@ CIT(A). 4. VK;DJ VK;QDR@ CIT, 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR 6. XKMZ QKBZY@ GUARD FILE VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASSISTANT. REGISTRAR . 6