The ITO, International Taxation, GANDHIDHAM V. M/s. G.P. Dave & Sons, , agent of Lauritzen Bulkers, JAMNAGAR

ITA 585/RJT/2012

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 1284 (ITAT-RAJKOT)
• Duration Of Justice: 3 year(s) 6 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-05-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 17-05-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 30-10-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: C S ANJARIA
• Assessee Lawyers: ANKIT GOKANI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT [CONDUCTED THROUGH E-COURT AT AH MEDABAD] (BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER & SHRI KUL BHARAT, JUDICIAL MEMBER) ITA. NO: 585/RJT/2012 (ASSESSMENT YEAR: 2010-2011) INCOME-TAX OFFICER (INTERNATIONAL TAXATION), GANDHIDHAM V/S M/S. G.P. DAVE & SONS. 138, CITY ARCADE, 1 ST FLOOR, NR. DSP BUNGLAOW, P.N. MARG, JAMNAGAR. AGENT OF: M/S. LAURITZEN BULKERS A/S; DENMARK (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI C.S. ANJARIA, SR. D. R. RESPONDENT BY : SHRI ANKIT GOKANI, C.A ( )/ ORDER DATE OF HEARING : 17 -05-201 6 DATE OF PRONOUNCEMENT : 18 -05-2016 PER N.K. BILLAIYA, ACCOUNTANT MEMBER: 1. THIS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF LD. CIT(A), GANDHINAGAR DATED 27.08.2012 PERTAINING TO A.Y. 201 0-11. ITA NO. 585R JT/2012 . A.Y.2010-11 2 2. AT THE VERY OUTSET, THE LD. D.R. POINTED OUT THAT T HE TAX EFFECT INVOLVED IN THE IMPUGNED APPEAL IS LESS THAN RS. 10 LACS. 3. ON THIS STATEMENT, WE FIND THAT THIS APPEAL OF THE REVENUE IS HIT BY THE CBDT CIRCULAR NO. 21/2015 DATED 10.12.2015 BY WHICH THE CBDT HAS DIRECTED THE REVENUE NOT TO FILE APPEAL BEFORE THE TRIBUNAL IN CASES WHERE THE TAX EFFECT DOES NOT EXCEED THE MONETARY L IMIT OF RS. 10 LACS. 4. APPEAL FILED BY THE REVENUE IS ACCORDINGLY DISMISSE D. ORDER PRONOUNCED IN OPEN COURT ON 18 - 05 - 2016 SD/- SD/- (KUL BHARAT) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD: TRUE COPY RAJESH COPY OF THE ORDER FORWARDED TO: - 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT (APPEALS) 4. THE CIT CONCERNED. 5. THE DR., ITAT, AHMEDABAD. 6. GUARD FILE. BY ORDER DEPUTY/ASSTT.REGISTRAR ITAT,RAJK OT