ACIT, Circle-17(1), New Delhi V. Mohan Energy Corporation (P) Ltd, New Delhi

ITA 6510/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4050 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 27-10-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RAKHI VIMAL SENIOR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE BEFORE BEFORE BEFORE SHRI G.S. PANNU, VICE SHRI G.S. PANNU, VICE SHRI G.S. PANNU, VICE SHRI G.S. PANNU, VICE PRESIDENT AND PRESIDENT AND PRESIDENT AND PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. ITA NO. ITA NO. ITA NO. 6510 6510 6510 6510 /DEL/2017 /DEL/2017 /DEL/2017 /DEL/2017 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 20 2020 20 1 11 1 3 33 3 - -- - 14 1414 14 ASSISTANT COMMISSIONE ASSISTANT COMMISSIONE ASSISTANT COMMISSIONE ASSISTANT COMMISSIONE R OF R OF R OF R OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1 11 17 77 7(1), (1), (1), (1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. M/S MOHAN ENERGY CORPORATION M/S MOHAN ENERGY CORPORATION M/S MOHAN ENERGY CORPORATION M/S MOHAN ENERGY CORPORATION PVT.LTD., PVT.LTD., PVT.LTD., PVT.LTD., 8/9, MOHAN HOUSE, 8/9, MOHAN HOUSE, 8/9, MOHAN HOUSE, 8/9, MOHAN HOUSE, ZAMRUDPUR COMMUNITY CENTER, ZAMRUDPUR COMMUNITY CENTER, ZAMRUDPUR COMMUNITY CENTER, ZAMRUDPUR COMMUNITY CENTER, KAILASH COLONY EXTENSION, KAILASH COLONY EXTENSION, KAILASH COLONY EXTENSION, KAILASH COLONY EXTENSION, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 048. 110 048. 110 048. 110 048. PAN : AAECM6956G. PAN : AAECM6956G. PAN : AAECM6956G. PAN : AAECM6956G. (APPELLANT) (RESPONDENT) APPELLANT BY : MS . RAKHI VIMAL, SENIOR DR. RESPONDENT BY : NONE. DATE OF HEARING : 28 2828 28.10.2020 .10.2020 .10.2020 .10.2020 DATE OF PRONOUNCEMENT : 28 2828 28.10 .10.10 .10.2020 .2020 .2020 .2020 ORDER ORDER ORDER ORDER PER G.S. PANNU, VICE PER G.S. PANNU, VICE PER G.S. PANNU, VICE PER G.S. PANNU, VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT : :: : THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2013-14 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-6, NEW DELHI DATED 11 TH AUGUST, 2017. 2. IT IS OBSERVED THAT THE TAX EFFECT IN THIS APPEA L BY THE REVENUE IS BELOW `50 LAKHS. THE CBDT IN ITS CIRCULAR NO.17/201 9 DATED 8 TH AUGUST, 2019 HAS REVISED THE MONETARY LIMIT FOR FILING OF T HE DEPARTMENTAL APPEALS TO THE ITAT AT `50 LAKHS. ITA-6510/DEL/2017 2 3. LEARNED SENIOR DR AGREED THAT THE TAX EFFECT IN THIS APPEAL OF THE REVENUE IS BELOW `50 LAKHS. 4. IN VIEW OF THE ABOVE POSITION, WE DEEM IT PROPER TO DISMISS THE APPEAL OF THE REVENUE IN THE LIGHT OF THE CIRCULAR NO.17/2019 OF THE CBDT DATED 8 TH AUGUST, 2019, AS NOT MAINTAINABLE. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 28 TH OCTOBER, 2020. SD/- SD/- ( (( ( SUDHANS SUDHANS SUDHANS SUDHANS HU SRIVASTAVA HU SRIVASTAVA HU SRIVASTAVA HU SRIVASTAVA ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE VICE VICE VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : ASSISTANT COMMISSIONER OF INCOME T AX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -17(1), NEW DELHI. 17(1), NEW DELHI. 17(1), NEW DELHI. 17(1), NEW DELHI. 2. RESPONDENT : M/S MOHAN ENERGY CORPORATION PVT.LT D., M/S MOHAN ENERGY CORPORATION PVT.LTD., M/S MOHAN ENERGY CORPORATION PVT.LTD., M/S MOHAN ENERGY CORPORATION PVT.LTD., 8/9, MOHAN HOUSE, ZAMRUDP 8/9, MOHAN HOUSE, ZAMRUDP 8/9, MOHAN HOUSE, ZAMRUDP 8/9, MOHAN HOUSE, ZAMRUDPUR COMMUNITY CENTER, UR COMMUNITY CENTER, UR COMMUNITY CENTER, UR COMMUNITY CENTER, KAILASH COLONY EXTENSION, KAILASH COLONY EXTENSION, KAILASH COLONY EXTENSION, KAILASH COLONY EXTENSION, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 048. 110 048. 110 048. 110 048. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR