ITO, Ajmer V. ELITE MARBLES PVT. LTD., Ajmer

ITA 729/JPR/2013

• Counselvise Citation: 72923114 RSA 2013
• Duration Of Justice: 2 year(s) 2 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-11-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 10-09-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RAJ MEHRA
• Assessee Lawyers: SUDHIR SOGANI DHK
• Keywords: Tax effect

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES (SMC), JAIPUR JH VKJ-IH-RKSYKUH] U;KF;D LNL; DS LE{K BEFORE: SHRI R.P. TOLANI, JUDICIAL MEMBER VK;DJ VIHY LA-@ ITA NO. 729/JP/2013 FU/KZKJ.K O'K Z@ ASSESSMENT YEAR : 2006-07 THE ITO WARD- 1(1) AJMER CUKE VS. M/S. ELITE MARBLES (P) LTD. 2/23, KARTAR COTTAGE, ALWAR GATE AJMER LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN/GIR NO .: AABCE 3296 N VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT JKTLO DH VKSJ LS@ REVENUE BY :SHRI RAJ MEHRA, JCIT -DR FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI SUDHIR SOGANI, ADVOCATE LQUOKBZ DH RKJH[K@ DATE OF HEARING : 09/11/2015 ?KKS'K .KK DH RKJH[K@ DATE OF PRONOUNCEMENT : 12 /11/2015 VKNS'K@ ORDER PER R.P. TOLANI, JM THIS IS AN APPEAL FILED BY THE REVENUE AGAINST T HE ORDER OF THE LD. CIT(A), AJMER DATED 08-07-2013 FOR THE ASSESSMENT Y EAR 2006-07 WHEREIN THE REVENUE RAISED FOLLOWING GROUND:- 1. DELETING THE DISALLOWANCE OF RS. 2,21,613/- FO R THE INTEREST PAID TO M/S. KARTAR MARBLES (P) LTD. W ITHOUT PROPERLY APPRECIATING THE FACTS AND CIRCUMSTANCES O F THE CASE. 2.2. AFTER HEARING THE RIVAL SUBMISSIONS OF BOTH TH E PARTIES AND CONSIDERING THE SAME ALONGWITH ORDERS OF THE AUTHO RITIES BELOW, I NOTED ITA NO. 729/JP/2013 ITO, WARD- 1(1), AJMER VS. M/S. ELITE MARBLES (P) L TD. , AJMER . 2 THAT THE APPEAL FILED BY THE REVENUE RELATE TO DELE TION OF DISALLOWANCE OF RS. 2,21,613/- FOR THE INTEREST PAID TO M/S. KARTAR MARBLES (P) LTD. THE TAX EFFECT IN THIS CASE IS LESS THAN RS. 3 LACS . WHEN THE TAX EFFECT IN THE APPEAL OF THE DEPARTMENT IS LESS THAN RS. 3 LAC S THEN THE SAME IS NOT MAINTAINABLE IN VIEW OF CBDT INSTRUCTION NO.3 OF 20 11 DATED 09.02.2011. AS PER SECTION 268A IF TAX EFFECT IS LESS THAN RS.3 LACS THEN APPEAL OF DEPARTMENT IS NOT MAINTAINABLE. ACCORDING LY THE APPEAL OF THE DEPARTMENT IS DISMISSED IN LIMINE. 3. IN THE RESULT, APPEAL OF REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 12/11/2 015. SD/- VKJ-IH-RKSYKUH (R.P.TOLANI) U;KF;D LNL;@ JUDICIAL MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 12 /11/ 2015 *MISHRA VKNS'K DH IZFRFYFI VXZSF'KR@ COPY OF THE ORDER FORWARDED TO: 1. VIHYKFKHZ@ THE APPELLANT- THE ITO, WARD- 1(1), AJMER 2. IZR;FKHZ@ THE RESPONDENT- M/S. ELITE MARBLES (P) LTD. AJMER 3. VK;DJ VK;QDRVIHY@ CIT(A). 4. VK;DJ VK;QDR@ CIT, 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR 6. XKMZ QKBZY@ GUARD FILE (ITA NO. 729/JP/2013) VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASSISTANT. REGISTRAR