ACIT, New Delhi V. M/s. Elena Power & Infrastructure Ltd., New Delhi

ITA 748/DEL/2016

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 2798 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 10 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-12-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2011-2012
• Appeal Filed On: 11-02-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ATIQ AHMED SENIOR
• Assessee Lawyers: N O N E

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 F FF F : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, G.D. AGRAWAL, G.D. AGRAWAL, G.D. AGRAWAL, PRESIDENT PRESIDENT PRESIDENT PRESIDENT AND AND AND AND SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI SMT. BEENA A. PILLAI, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA ITAITA ITA NO NONO NO . .. . 748/DEL/2016 748/DEL/2016 748/DEL/2016 748/DEL/2016 ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : ASSESSMENT YEAR : 2011 2011 2011 2011 - -- - 12 1212 12 ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -8(1), C.R. BUI 8(1), C.R. BUI 8(1), C.R. BUI 8(1), C.R. BUILDING, LDING, LDING, LDING, I.P. ESTATE, I.P. ESTATE, I.P. ESTATE, I.P. ESTATE, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. VS. VS. VS. VS. M/S ELENA POWER & INFRASTRUCTURE M/S ELENA POWER & INFRASTRUCTURE M/S ELENA POWER & INFRASTRUCTURE M/S ELENA POWER & INFRASTRUCTURE LTD., LTD., LTD., LTD., M MM M- -- -62 & 63, 1 62 & 63, 1 62 & 63, 1 62 & 63, 1 ST STST ST FLOOR, FLOOR, FLOOR, FLOOR, CONNAUGHT PLACE, CONNAUGHT PLACE, CONNAUGHT PLACE, CONNAUGHT PLACE, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 001. 110 001. 110 001. 110 001. PAN : AABCE9688G. PAN : AABCE9688G. PAN : AABCE9688G. PAN : AABCE9688G. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI ATIQ AHMED, SENIOR DR. RESPONDENT BY : NO NE. DATE OF HEARING : 20.12.2017 20.12.2017 20.12.2017 20.12.2017 DATE OF PRONOUNCEMENT : 20.12.2017 20.12.2017 20.12.2017 20.12.2017 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, PER G.D. AGRAWAL, PER G.D. AGRAWAL, PER G.D. AGRAWAL, PRESIDENT PRESIDENT PRESIDENT PRESIDENT : :: :- -- - THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 201 1-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-3, NEW DELHI DATED 30 TH NOVEMBER, 2015. 2. AT THE TIME OF HEARING BEFORE US, NOBODY APPEARED ON BEHALF OF THE ASSESSEE-RESPONDENT. IT IS OBSERVED THAT THE TAX EFFE CT INVOLVED IN THIS APPEAL BY THE REVENUE IS BELOW `10 LAKHS. THE CB DT IN ITS CIRCULAR NO.21/2015 DATED 10 TH DECEMBER, 2015 HAS REVISED THE MONETARY LIMIT FOR FILING OF THE DEPARTMENTAL APPEA LS TO THE ITAT AT `10 LAKHS. LEARNED SENIOR DR AGREED WITH THE SAME. ITA-748/DEL/2016 2 3. IN VIEW OF THE ABOVE POSITION, WE DEEM IT PROPER TO DISMISS THE APPEAL OF THE REVENUE IN THE LIGHT OF THE CIRCULAR NO.21/2015 OF CBDT DATED 10 TH DECEMBER, 2015. 4. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED DECISION PRONOUNCED IN THE OPEN COURT ON 20.12.2017. SD/- SD/- (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI (BEENA A. PILLAI ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -8(1), C.R. BUILDING, I.P. ESTATE, 8(1), C.R. BUILDING, I.P. ESTATE, 8(1), C.R. BUILDING, I.P. ESTATE, 8(1), C.R. BUILDING, I.P. ESTATE, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. 2. RESPONDENT : M/S ELENA POWER & INFRASTRUCTURE LTD., M/S ELENA POWER & INFRASTRUCTURE LTD., M/S ELENA POWER & INFRASTRUCTURE LTD., M/S ELENA POWER & INFRASTRUCTURE LTD., M MM M- -- -62 & 63, 1 62 & 63, 1 62 & 63, 1 62 & 63, 1 ST STST ST FLOOR, CONNAUGHT PLACE, FLOOR, CONNAUGHT PLACE, FLOOR, CONNAUGHT PLACE, FLOOR, CONNAUGHT PLACE, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 001. 110 001. 110 001. 110 001. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR