ACIT CIR 16(2), MUMBAI V. SAM CAWAS PATEL, MUMBAI

ITA 6700/MUM/2012

• Counselvise Citation: 670019914 RSA 2012
• Duration Of Justice: 1 year(s) 2 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-01-2014
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2008-2009
• Appeal Filed On: 02-11-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M L PERUMAL
• Assessee Lawyers: ANIL SATHE
• Keywords: Tax effect
• Section: 260A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL E BENCH, MUM BAI . . , , BEFORE SHRI R. C. SHARMA, AM AND SHRI VIVEK VARMA, JM ./ I.T.A. NO. 6700/MUM/2012 ( / ASSESSMENT YEAR: 2008-09) ASST. CIT-16(2), MATRU MANDIR, TARDEO ROAD, MUMBAI-400 007 / VS. MR. SAM CAWAS PATEL B/10, NESS BAUG, NANA CHOWK, MUMBAI-400 007 ./ ! ./PAN/GIR NO. AAIPP 9929 R ( ' /APPELLANT ) : ( #$' / RESPONDENT ) ' % & / APPELLANT BY : SHRI M. L. PERUMAL #$' % & / RESPONDENT BY : SHRI ANIL SATHE ' ( % ) * / DATE OF HEARING : 07.01.2014 +,-. % ) * / DATE OF PRONOUNCEMENT : 07.01.2014 / O R D E R PER R. C. SHARMA, A. M.: THIS IS AN APPEAL FILED BY THE REVENUE AGAINST THE ORDER BY THE LD. CIT(A)-27, MUMBAI DATED 21.08.2012, IN THE MATTER OF ORDER PAS SED U/S.143(3) OF THE INCOME TAX ACT, 1961 FOR THE ASSESSMENT YEAR (A.Y.) 2008-09. 2. AT THE OUTSET, THE LD. AR PLACED ON RECORD THE C OMPUTATION OF TAX EFFECT IN RESPECT OF RELIEF ALLOWED BY THE LD. CIT(A). TAX CALCULATIO N SHEET WAS ALSO HANDED OVER TO LD. DR. THE TAX EFFECT IN RESPECT OF RELIEF GIVEN BY THE LD . CIT(A) WORKS TO RS.2,04,106/-. AS PER 2 ITA NO. 6700/MUM/2012 (A.Y. 2008-09) ASST. CIT VS. MR. SAM CAWAS PATEL CBDT INSTRUCTION NO.3/2011 DATED 09.02.2011, THE RE VENUE SHOULD NOT HAVE COME IN APPEAL, WHERE TAX EFFECT IS LESS THAN RS.3 LACS. TH E LD. DR HAS NOT CONTROVERTED THE CALCULATION OF THE TAX AND THE FACT THAT IT WAS BEL OW RS.3 LACS. 3. THE CBDT VIDE INSTRUCTION NO.3/2011 DATED 09.02 .2011 REVISED/RAISED THE MONETARY LIMIT FOR FILING THE APPEAL BY THE DEPARTM ENT AS UNDER:- SR. NO. AUTHORITY MONETARY LIMIT (IN RS.) 1 ITAT 3,00,000/- 2 APPEAL UNDER SECTION 260A BEFORE HIGH COURT 10,00,000/- 3 SUPREME COURT 25,00,000/- THE ABOVE INSTRUCTIONS ISSUED U/S. 268A(1) OF THE I .T. ACT,1961 ARE APPLICABLE TO THE APPEALS FILED ON OR AFTER 09.02.2011. THIS APPE AL WAS FILED BY THE REVENUE ON 04.12.2013, THEREFORE, COVERED BY ABOVE INSTRUCTION OF CBDT. 4. IN VIEW OF THE ABOVE INSTRUCTION OF CBDT, THE A PPEAL FILED BY THE DEPARTMENT IS NOT MAINTAINABLE AS THE TAX EFFECT IN THE APPEAL FI LED BY THE REVENUE IS LESS THAN RS. 3 LACS. ACCORDINGLY WE CONFIRM THE ORDER OF CIT (A). 5. IN THE RESULT, THE REVENUES APPEAL IS DISMISSED . /. )0 % / % ) 12 ORDER PRONOUNCED IN THE OPEN COURT ON JANUARY 7 TH , 2014 SD/- SD/- (VIVEK VARMA) (R. C. SHARMA) / JUDICIAL MEMBER / ACCOUNTANT MEMBER ' 3 MUMBAI; 4( DATED : 07.01.2014 .(../ ROSHANI , SR. PS 3 ITA NO. 6700/MUM/2012 (A.Y. 2008-09) ASST. CIT VS. MR. SAM CAWAS PATEL ! ' #$%& ' &$ / COPY OF THE ORDER FORWARDED TO : 1. ' / THE APPELLANT 2. #$' / THE RESPONDENT 3. ' 5) ( ) / THE CIT(A) 4. ' 5) / CIT - CONCERNED 5. 8 9 #)(:; , * :;. , ' 3 / DR, ITAT, MUMBAI 6. 9 < = / GUARD FILE ! ( / BY ORDER, )/(* + (DY./ASSTT. REGISTRAR) , ' 3 / ITAT, MUMBAI