Income-tax Officer, V. Jai Tuljabhavani Sahakari Patpedhi Maryadit Ltd., Raigad

ITA 757/PUN/2015

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 1662 (ITAT-PUNE)
• Duration Of Justice: 1 year(s) 1 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-06-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2006-2007
• Appeal Filed On: 21-05-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: AMIT DUA
• Keywords: Tax effect
• Section: 143(3)

Judgement Text

- IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH SMC, PUNE , BEFORE MS. SUSHMA CHOWLA, JM / ITA NO.757/PN/2015 ! ' ' / ASSESSMENT YEAR : 2006-07 THE INCOME TAX OFFICER, WARD-5, PANVEL, DIST. RAIGAD . / APPELLANT VS. JAI TULJABHAVANI SAHAKARI PATPEDHI MARYADIT LTD., PRAGATI, PLOT NO.9, SECTOR 19, NEW PANVEL, RAIGAD 410 206 . RESPONDENT PAN: AAAAJ2329Q / APPELLANT BY : SHRI AMIT DUA / RESPONDENT BY : SHRI NIKHIL PATHAK DATE OF HEARING : 29.06.2016 / DATE OF PRONOUNCEMENT: 29.06.2016 # / ORDER PER SUSHMA CHOWLA, JM: THIS APPEAL FILED BY THE REVENUE IS AGAINST THE ORD ER OF CIT(A)-2, THANE, DATED 13.02.2015 RELATING TO ASSESSMENT YEAR 2006-0 7 AGAINST ORDER PASSED UNDER SECTION 143(3) R.W.S. 147 OF THE INCOME-TAX A CT, 1961 (IN SHORT THE ACT). ITA NO.757/PN/2015 2 2. IN VIEW OF THE CBDTS CIRCULAR NO.21/2015 DATED 10.12.2015, THE LIMIT FOR FILING THE APPEALS BEFORE THE TRIBUNAL HAVE BEE N REVISED AND ONLY APPEALS WITH TAX EFFECT OF RS.10 LAKHS ARE TO BE FILED BEFO RE THE TRIBUNAL. THIS ALSO APPLIES TO THE PENDING APPEALS BEFORE THE TRIBUNAL. THE LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVENUE FAIRLY CONCEDED THAT THE TAX EFFECT IN THE PRESENT APPEAL IS LESS THAN RS.10 LAKHS AND HENCE T HE SAME IS NOT MAINTAINABLE. IN VIEW THEREOF, THE APPEAL FILED BY THE REVENUE IS DISMISSED AS NOT BEING MAINTAINABLE. 3. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 29 TH DAY OF JUNE, 2016. SD/- (SUSHMA CHOWLA) / JUDICIAL MEMBER / PUNE ; DATED : 29 TH JUNE, 2016 . ! #$%&'()(& / COPY OF THE ORDER IS FORWARDED TO : THE APPELLANT; THE RESPONDENT; ' ' # () THE CIT(A)-2, THANE; ' ' # THE CIT-2, THANE &'( ))*+, ' *+ , , - . // / DR SMC, ITAT, PUNE; (01 2 / GUARD FILE. #! / BY ORDER & ) // TRUE COPY // 345 )! *6 / SR. PRIVATE SECRETARY ' *+ , ITAT, PUNE