ACIT CIR-6(1) (2), MUMBAI V. SHRI VIKAS BHUSHAN, MUMBAI

ITA 6455/MUM/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 6897 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 5 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-03-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC-1
• Assessment Year: 2006-2007
• Appeal Filed On: 09-10-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

1 ITA 6455/Mum/2019 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “SMC”, MUMBAI BEFORE SHRI A.M. ALANKAMONY (ACCOUNTANT MEMBER) AND SMT KAVITHA RAJAGOPAL (JUDICIAL MEMBER) I.T.A No.6455/Mum/2019 (Assessment year: 2006-07) Asst.Commissioner of Income-tax vs Shri Vikas Bhushan Circle-6(1)(2), Room No.563B 423, Nav Vypar Bhavan 5 th Floor, Aayakar Bhavan P D’Mello Road, Carnac Bunder Maharshi Karve Road Masjid-East, Mumbai-400 009 Mumbai-400 020 PAN : AFCPB4882J (Appellant) (Respondent) Assessee represented by : Shri Abhishek Jhunjhunwala Department represented by : Ms. Manju Thakur, Sr.AR Date of hearing : 15/03/2022 Date of pronouncement : 15/03/2022 O R D E R Per: A. Mohan Alankamony(AM): This appeal has been filed by the revenue against the order dated 30/07/2019 passed by the Commissioner of Income-tax (Appeals)-20, Mumbai for the assessment year 2006-07. 2. At the outset, the Ld.AR submitted that the revenue’s appeal does not survive due to the monetary limit stipulated by the CBDT vide its circular No. 17/2019 vide F.No. 279/Misc.142/2007-ITJ(Pt.) dated 08.08.2019. The Ld.DR 2 ITA 6455/Mum/2019 conceded to the submission of the Ld.AR. Accordingly, the appeal filed by the revenue is dismissed. 3. In the result, appeal of the assessee is dismissed. Order pronounced in the open court on 15 th March, 2022. Sd/- Sd/- (MS. KAVITHA RAJAGOPAL) (A. MOHAN ALANKAMONY) JUDICIAL MEMBER ACCOUNTANT MEMBER Mumbai, Dt : 15 th March, 2022 Pavanan /True copy/ Assistant Registrar / Senior Private Secretary ITAT, Mumbai Benches