JCIT, (OSD), CIR-4(1), KOLKATA, Kolkata V. M/s Beeyu Overseas Ltd., Kolkata

ITA 631/KOL/2016

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 3195 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 10 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-02-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2005-2006
• Appeal Filed On: 07-04-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: C J SINGH
• Assessee Lawyers: MIRAJ D. SHAH
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA A BENCH, KOLKATA [BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI S.S. GODARA, JUDICIAL MEMBER] I.T.A. NO. 631/KOL/2016 ASSESSMENT YEAR: 2005-06 JCIT (OSD), CIRCLE-4(1), KOLKATA............................................................APPELLANT M/S. BEEYU OVERSEAS LTD..........RESPONDENT 64A, BALLYGUNGE CIRCULAR ROAD KOLKATA 700 019 [PAN : AABCB 3327 K] APPEARANCES BY: SHRI MIRAJ D. SHAH, A/R, APPEARED ON BEHALF OF THE ASSESSEE. SHRI C.J. SINGH, JCIT SR. D/R, APPEARING ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : JANUARY 22 ND , 2019 DATE OF PRONOUNCING THE ORDER : FEBRUARY 26 TH , 2019 O R D E R PER J. SUDHAKAR REDDY :- THE UNDISPUTED FACT IN THIS APPEAL IS THAT THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMIT OF RS.20,00,000/-, FIXED BY THE CBDT CIRCULAR NO.3/2018, F. NO. 279/MISC. 142/2007-ITJ (PT), DT. 11 TH JULY, 2018. AS MANDATED BY THIS ABOVE REFERRED CIRCULAR NO. 3/2018, THE APPEAL OF THE REVENUE IS DISMISSED. 2. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. KOLKATA, THE 26 TH DAY OF FEBRUARY, 2019. SD/- SD/- [S.S. GODARA] [ J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 26.02.2019 {SC SPS} 2 I.T.A. NO. 631/KOL/2016 ASSESSMENT YEAR: 2005-06 M/S. BEEYU OVERSEAS LTD COPY OF THE ORDER FORWARDED TO: 1. M/S. BEEYU OVERSEAS LTD 64A, BALLYGUNGE CIRCULAR ROAD KOLKATA 700 019 2. JCIT (OSD), CIRCLE-4(1), KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES