ITO, Karur V. P.Parvathi, Karur

ITA 769/CHNY/2015

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 96630 (ITAT-CHENNAI)
• Duration Of Justice: 8 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 28-12-2015
• Assessment Year: 2007-2008
• Appeal Filed On: 10-04-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: MDS; C O NO MDS A Y
• Keywords: Tax effect

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL , B B ENCH, CHENNAI . , ' $ , % ' BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER S. NO. ITA NO. / C.O.NO. & ASST.YEAR APPELLANT RESPONDENT / CROSS OBJECTOR COUNSEL FOR REVENUE COUNSEL FOR ASSESSEE 1 2 1033/MDS/15 & C.O.NO. 66/MDS/2015 (A.Y: 2005-06) INCOME TAX OFFICER, NON-CORPORATE WARD-3(4) M.G.ROAD, CHENNAI-34. SHRI HABEEB MOHAMMED, 8A, SEETHA NAGAR 1 ST STREET NUNGAMBALLAM, CHENNAI-34. PAN: AELPM9003M MR. A.B.KOLI, JCIT MR. G.SEETHARAMAN, C.A., 3 4 2473/MDS/14 & C.O.NO. 139/MDS/14 (A.Y.2005-06) INCOME TAX OFFICER, WARDI(2) PUDUCHERRY. SHRI M.RAMACHANDRAN PROP M/S.M.G.WINES & M.G. INDUSTRIES, 10, SALAI VINAYAGAR KOIL ST. PONDICHERRY-605 011. PAN: AAAHM4234J MR. A.B.KOLI, JCIT MR. PHILIP GEORGE, ADVOCATE 5. 2666/MDS/14 (A.Y.2010-11) INCOME TAX OFFICER, BUSINESS WARDIII(4) M.G.ROAD, CHENNAI-34. K.MADURAKAVI (HUF) 130, PUSHPAVATHI AMMAL STREET, WEST MAMBALAM, CHENNAI-33. PAN: AAIHK1683D MR. A.B.KOLI, JCIT MR. S.SRIDHAR, ADVOCATE 6. 2180/MDS/15 (A.Y.2006-07) INCOME TAX OFFICER, WARDI(3) TRICHY-620 001. SMT. V.SAKUNTHALA, 100-C, GANDHI ROAD, SRIRANGAM, TRICHY-620 006. PAN: ALVPS1038K MR. A.B.KOLI, JCIT NONE 7 8 1032/MDS/15 & C.O.NO. 65/MDS/2015 ( A.Y. 2005-06) INCOME TAX OFFICER, NON-CORPORATE WARD3(4) M.G.ROAD, CHENNAI-34. SHRI HASAN FAIZE, 8A, SEETHA NAGAR 1 ST STREET NUNGAMBALLAM, CHENNAI-34. PAN: AAZPH4884Q MR. A.B.KOLI, JCIT MR. G.SEETHARAMAN, C.A., 9- 10 2158 & 2159 /MDS/2015 (A.Y.2005-06 & 2006-07) ASSISTANT COMMISSIONER OF INCOME TAX, COMPANY CIRCLE-I(3), CHENNAI. M/S. COROMANDEL PETROLEUM PVT. LTD., 36, CHESNEY NILGIRI, COMMANDER-IN-CHIEF ROAD EGMORE, CHENNAI-8. PAN: AAACC4683N MR. A.B.KOLI, JCIT NONE 11 18 9 0/MDS/15 (A.Y.2007-08) INCOME TAX OFFICER, WARDI, KANCHIPURAM. DR.BABU LAKSHMANAN, 75, GANDHI ROAD, SRIPERUMBUDUR-602 105. PAN: AENPB3267K MR. A.B.KOLI, JCIT NONE 12- 13 1981/MDS/13 & C.O.NO.103/ MDS/2015 (A.Y.2006-07) INCOME TAX OFFICER, WARDIII(4), 63, RACE COURSE ROAD, COIMBATORE-641 018. SHRI PUNAM CHAND MAROTHI 27/8A, AKS NAGAR, PONNIARAJAPURAM, COIMBATORE-641 001. PAN:ADJPM0971E MR. A.B.KOLI, JCIT MR. ASHOK JAIN, ITP 14 1872/MDS/15 (A.Y:2007-08) ASSISTANT COMMISSIONER OF INCOME TAX, NON-CORPORATE CIRCLE-(3), CHENNAI-34. M/S. GOMATESH GRANITES 76, CATHEDRAL ROAD, CHENNAI-600 086. PAN:AAAFG3303J MR. A.B.KOLI, JCIT MR. PHILIP GEORGE, ADVOCATE 15 1918/MDS/14 (A.Y.:2008-09) INCOME TAX OFFICER, BUSINESS WARDVI(4) M.G.ROAD, CHENNAI-34. SHRI MADANLAL BANSAL & SONS (HUF) 19, NEW SOLAIAPPAN STREET, MR. A.B.KOLI, JCIT MR. R.SIDHARTH, ADVOCATE 2 OLD WASHERMENPET, CHENNAI-600 021. PAN: AAGHM4956H 16 2361/MDS/14 (A.Y.:2007-08) INCOME TAX OFFICER, BUSINESS WARDXII(1) CHENNAI-600 006. M/S. RSK LEATHERS, 24 (39/3), KATTUR SADAYAPPAN STREET, PERIAMET, CHENNAI-600 003. PAN: AAFFR7968B MR. A.B.KOLI, JCIT MR. SAROJ PARIDA, ADVOCATE 17 769/MDS/2015 (A.Y.:2007-08) INCOME TAX OFFICER, WARD-2, KARUR. SMT. P.PARVATHI, PROP:JAYANTHI DYEINGS, 20, SENGUNTHAPURAM, 2 ND CROSS, KARUR-639 002. PAN: AKCPP7775R MR. A.B.KOLI, JCIT NONE 18 968/MDS/2015 (A.Y.:2008-09) INCOME TAX OFFICER, WARD-I(2), TRICHY. SMT. R.RANI. 21, DURAISAMIPURAM VARAGANERI,TRICHY-1. PAN: ACGPR9752C MR. A.B.KOLI, JCIT MR. S.SRIDHAR, ADVOCATE /DATE OF HEARING : 28 TH DECEMBER, 2015 /DATE OF PRONOUNCEMENT : 30 T H DECEMBER, 2015 / O R D E R PER CHALLA NAGENDRA PRASAD, JM: ALL THESE APPEALS ARE FILED BY THE REVENUE AND TH E CROSS OBJECTIONS ARE FILED BY THE ASSESSEE/RESPONDE NTS. AGAINST THE ORDERS OF COMMISSIONER OF INCOME TAX (A PPEALS). 2. AT THE TIME OF HEARING, IT IS SUBMITTED THAT TH E TAX EFFECT IN ALL THESE APPEALS OF THE REVENUE IS LESS THAN ` 10,00,000/- AND IN VIEW OF THE RECENT CIRCULAR OF THE CBDT NO. 21/2015 DATED 10.12.2015, WHERE THE MONETARY LIMITS FOR FI LING OF APPEAL BY THE REVENUE BEFORE THE ITAT HAVE BEEN REV ISED TO 3 ` 10,00,000/-, THE APPEALS FILED BY THE REVENUE ARE LIABLE TO BE DISMISSED. 3. DESPITE NOTICE, NONE APPEARED ON BEHALF OF THE ASSESSEE/RESPONDENTS AT SERIAL NUMBERS 6, 9, 10, 11 AND 17 . HOWEVER, SINCE THE TAX EFFECT IS LESS THAN ` 10,00,000/-, WE PROCEED TO DISPOSE OFF THESE APPEALS ON HEARING THE DEPARTMENTAL REPRESENTATIVE. THE CROSS OBJECTION F ILED BY THE ASSESSEE / RESPONDENT (AT SR.NO.13) IN C.O.NO.103/MDS/2015 ARISING OUT OF ITA NO.1981/MDS /2013 IS BARRED BY 630 DAYS AND THE ASSESSEE HAS NOT FIL ED CONDONATION PETITION FOR THE DELAY. HENCE, THE CRO SS OBJECTION IS DISMISSED IN LIMINIE WITHOUT ADMISSION. 4. WE HAVE PERUSED THE RECENT CIRCULAR NO.21/2015 D ATED 10.12.2015 ISSUED BY THE CBDT REVISING THE MONETAR Y LIMITS FOR FILING OF APPEALS BY THE REVENUE BEFORE THE ITA T, HIGH COURT AND SLP BEFORE SUPREME COURT. IN THE SAID IN STRUCTION, THE MONETARY LIMIT FIXED FOR FILING OF APPEAL BEFOR E THE TRIBUNAL IS AT ` 10,00,000/-. IN THE CIRCULAR, IT IS ALSO MADE IT CLEAR IN CLAUSE NO.10 THAT THIS INSTRUCTION WILL APPLY RETRO SPECTIVELY TO 4 PENDING APPEALS AND APPEALS TO BE FILED HENCEFORTH IN ITAT AND HIGH COURT. IT IS ALSO MENTIONED THAT PENDING A PPEALS BELOW THE SPECIFIED TAX LIMITS MAY BE WITHDRAWN AS NOT PRESSED. SINCE THE TAX EFFECT IN THESE APPEALS OF THE REVENUE IS LESS THAN ` 10,00,000/-, IN VIEW OF THE ABOVE CIRCULAR OF CBDT, ALL THESE APPEALS ARE DISMISSED . 5. SINCE THE APPEALS OF THE REVENUE ARE DISMISSED, THE CROSS OBJECTIONS FILED BY THE ASSESSEE/RESPONDENT B ECOME INFRUCTUOUS AND THE SAME ARE DISMISSED ACCORDINGLY. 6. IN THE RESULT, APPEALS OF THE REVENUE AND CROSS OBJECTIONS OF THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 30 TH DECEMBER, 2015. SD/- SD/- ( ) ( ' & ' ) ( CHANDRA POOJARI ) ( CHALLA NAG ENDRA PRASAD ) ) / ACCOUNTANT MEMBER &+ ) / JUDICIAL MEMBER & /CHENNAI, - /DATED 30 TH DECEMBER, 2015 SOMU '+01 31 /COPY TO: 1. ASSESSEE 2. ASSESSING OFFICER 3. 4 () /CIT(A) 4. 4 /CIT 5. 1 '++9 /DR 6. < /GF .