ASST CIT 4(3), MUMBAI V. AURIONPRO SOLUTIONS LTD, MUMBAI

ITA 6445/MUM/2014

• Counselvise Citation: [2018] 118 COUNSELVISE.COM (IT) 9876 (ITAT-MUMBAI)
• Duration Of Justice: 4 year(s) 1 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-12-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: K
• Assessment Year: 2007-2008
• Appeal Filed On: 20-10-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: VI RAJ VORA
• Keywords: Tax effect

Judgement Text

P A G E | 1 ITA NO. 6445 /MUM/201 4 - A.Y. 2007 - 08 ASST. CIT VS. AURINPRO SOLUTION LTD. IN THE INCOME TAX APPELLATE TRIBUNAL ' K ' BENCH, MUMBAI BEFORE SHRI G. MANJUNATHA , ACCOUNTANT MEMBER AND SHRI RAVISH SOOD, JUDICIAL MEMBER ITA NO. 6445 /MUM/201 4 (ASSESSMENT YEAR: 20 07 - 08 ) ASST. COMMISSIONER OF INCOME - TAX 4(3) , 6 TH FLOOR, ROOM NO. 649, AAYKAR BHAWAN MUMBAI - 400 0 20 VS. AU RIO NPRO SOLUTION LTD. 404, 4 TH FLOOR , WINCHESTER, HIRANANDANI BUSINESS PARK POWAI, MUMBAI - 400 059 PAN AAACV7297H ( APPELLANT ) ( RESPONDENT ) APPELLANT BY: SHRI ANAND MOHAN , D .R RESPONDENT BY: SHRI VI RAJ VORA , A.R DATE OF HEARING: 04 . 12 .2018 DATE OF PRONOUNCEMENT: 0 4 . 12 .2018 O R D E R PER RAVISH SOOD, JM T HE CAPTIONED APPEAL FILED BY THE REVENUE PE RTAINING TO ASSESSMENT YEAR 20 07 - 08 IS DIRECTED AGAINS T THE ORDER PASSED BY CIT(A) - 8 , MUMBAI, DATED 30.01.2014 , WHICH IN TURN ARISES FROM THE ORDER PASSED BY THE ASSESSING OFFICER UNDER SEC.271(1)(C) OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT), DATED 31.12.2013 . 2. ON A PERUSAL OF THE RECORD IT STANDS RE VEALED THAT THE TAX EFFECT INVOLVED IN THIS APPEAL IS LESS THAN RS.20 .00 LACS. THE LD. DEPARTMENTAL REPRESENTATIVE (FOR S HORT D.R) ON BEING CONFRONTED ADMITTED THE SAID FACTUAL POSITION. 3. WE FIND THAT THE CBDT VIDE ITS CIRCULAR NO.03/2018, DATED 11/07/2018 HAS REVISED THE MONETARY LIMITS FOR FILING OF APPEALS BY THE P A G E | 2 ITA NO. 6445 /MUM/201 4 - A.Y. 2007 - 08 ASST. CIT VS. AURINPRO SOLUTION LTD. DEPARTMENT BEFORE THE TRIBUNAL, RETROSPECTIVELY. SINCE THE TAX EFFECT IN DISPUTE IN THE CAPTIONED APPEAL IS ADMITTEDLY BELOW T HE MONETARY LIMIT OF RS.20.00 LACS SPECIFIED IN THE CBDT CIRCULAR NO. 03/2018, DATED 11/07/2018, THEREFORE, THE SAME IS DISMISSED AS NOT MAINTAINABLE. 4. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 0 4 . 1 2 .2018 S D / - S D / - ( G. MANJUNATHA ) (RAVISH SOOD) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI ; 04 .1 2 .2018 PS. ROHIT / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE . //TRUE COPY// / BY ORDER, / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI P A G E | 3 ITA NO. 6445 /MUM/201 4 - A.Y. 2007 - 08 ASST. CIT VS. AURINPRO SOLUTION LTD.