DCIT- CC - 5 (3) (ERSTWHILE DCIT CC- 36 ), MUMBAI V. GLOBAL SOFTECH LTD., MUMBAI

ITA 6218/MUM/2018

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 2469 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 1 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-12-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2015-2016
• Appeal Filed On: 31-10-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: V VINOD KUMAR
• Assessee Lawyers: JINENDRA DOSHI
• Keywords: Tax effect
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES G MUMBAI BEFORE SHRI RAJESH KUMAR, HON. ACCOUNTANT MEMBER & SHRI AMARJIT SINGH, HON. JUDICIAL MEMBER ITA NO. 6218 / MUM /201 8 (ASST. YEAR : 20 15 - 1 6 ) DCIT, CENTRAL CIRCLE - 5(3), MUMBAI. VS. M/S. GLOBAL SOFTECH LTD., RAGHUVANSHI MILLS COMPOUND, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI. PAN NO. AABCG 1089 R (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI JINENDRA DOSHI , C A. DEPARTMENT BY : SHRI V. VINOD KUMAR , SR. DR DATE OF HEARING : 04 / 12 /201 9 . DATE OF PRONOUNCEMENT : 04 / 12 /201 9 . O R D E R PER RAJESH KUMAR, ACCOUNTANT MEMBER THIS IS AN APPEAL FILED BY THE REVENUE AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 53 , MUMBAI , DATED 20 /0 8 /201 8 FOR THE A.Y. 2015 - 16 . 2. AT THE OUTSET, LD.AR HAS SUBMITTED THAT TAX EFFECT INVOLVED IN THIS APPEAL IS BELOW RS. 50.00 LAKHS AND AS PER THE RECENT CBDT CIRCULAR NO. 17/2019, DATED 08/08/2019 , THIS APPEAL IS NOT MAINTAI NA BLE AND PRAYED FOR DISMISSAL OF THE SAME. 2 ITA NO. 6218 / MUM /201 8 (M/S. GLOBAL SOFTECH LTD.) 3 . LD.DR FAIRLY ACCEPTED THE CONTENTION OF THE LD.AR . 4 . IN VIEW OF THE STATEMENT GIVEN BY THE LD.AR , WE FIND THAT TAX EFFECT INVOLVED IN THIS APPEAL IS BELOW RS. 50.00 LAKHS AND AS PER CBDT CIRCULAR NO. 17/2019, DATED 08/08/2019 , THIS APPEAL IS NOT MAINTAI NA BLE, HENCE, DISMISSED. 5. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 0 4 T H DECEMBER , 201 9 S D / - S D / - ( AMARJIT SINGH ) ( RAJESH KUMAR ) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 0 4 T H DECEMBER , 201 9 . VR/ - COPY TO: 1 . THE ASSESSEE M/S. GLOBAL S OFTECH LTD., RAGHUVANSHI MILLS COMPOUND, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI. 2 . THE REVENUE DCIT, CENTRAL CIRCLE - 5(3), MUMBAI. 3 . THE PR. CIT , CENTRAL - 3, MUMBAI. 4 . THE CIT(A) - 53, MUMBAI . 5 . THE D.R . , MUMBAI. 6 . GUARD FILE. BY ORDER //TRUE COPY// ASSISTANT REGISTRAR I.T.A.T., MUMBAI